The unmatched true luxury company of the automotive industry?
What a blog! Very well written.
Loved every bit of it.
This what I needed to read before making an investment decision in $RACE.
Look forward to more such gold bombs!
I would maybe point out an issue that I see in your valuation model. Shouldn't be a terminal value discounted to the present day?
I agree, it looks like he calculated TV and forgot to calculate PV. So the actual intrinsic value is below market price.
What a blog! Very well written.
Loved every bit of it.
This what I needed to read before making an investment decision in $RACE.
Look forward to more such gold bombs!
I would maybe point out an issue that I see in your valuation model. Shouldn't be a terminal value discounted to the present day?
I agree, it looks like he calculated TV and forgot to calculate PV. So the actual intrinsic value is below market price.