> My style is more akin to buying proven cash-cows at reasonable-ish valuations
if it was so proven, the current valuation would not fall far from the NPV via some sort of discount cashflow analysis. It's still possible to get a good deal, but just as difficult, as only an unexpected growth can give you the returns you want.
if it was so proven, the current valuation would not fall far from the NPV via some sort of discount cashflow analysis. It's still possible to get a good deal, but just as difficult, as only an unexpected growth can give you the returns you want.