There is nothing to write now. And following this trend, I decided to describe one well-known evaluation method that means nothing.
This is the "Gordon growth model".
I used to know that this generally accepted method was nonsense and stupidity, but I didn't bother to formulate it.
Now I'll do it.
This model represents the value of the company in the form of an infinite series of future dividends, which are discounted by some required yield.
Читать дальше »