DCF Myth 3.2: If you don't look, its not there!

In this, the last of my three posts on uncertainty, I complete the cycle I started with a look at the responses (healthy and unhealthy) to u...

DCF Myth 3.1: The Margin of Safety - Tool for Action or Excuse for Inaction?

In my last post on dealing with uncertainty, I brought up the margin of safety, the tool that many value investors claim to use to protect ...

DCF Myth 3: You cannot do a valuation, when there is too much uncertainty!

Uncertainty, both imminent and resolved, has been on my mind these last two weeks. I posted my valuation of Valeant on April 20, making the ...