I sometimes read Aswath Damodaran’s blog on valuation. Unfortunately, I am not good enough nor do I have the time or desire to put in the amount of effort he does in valuing companies.
However, today’s blog post seems to be right up Saul’s alley, albeit a bit too detailed on the quantitative side. It emphasizes both the narrative and the numbers (which is something we try to do here on Saul’s board on a daily basis) using a relatively simple 5-step process.
http://aswathdamodaran.blogspot.de/2014/06/numbers-and-narra…
Hopefully, you’ll enjoy this read as much as I did and that it gives you something to think about when analyzing the next Saul stock.
DJ