Kudos to Jae Jun of http://oldschoolvalue.com for finding this. This is an excellent slide show where Bruce Greenwald describes one of his valuation techniques which he wrote about in his great book Value Investing: From Graham to Buffett and Beyond.
This scribd document appears hard to read online, but it really is not. Click on full screen and it is easy to read. The whole document is about 43 pages. There is a lot of valuable information about calculating intrinsic value in the document. Any intermediate or experienced investor I think will appreciate the notes. I know I appreciated it.
Top value fund managers are ready for the small cap bear market to be done
During the bull market, small caps haven't been performing well, but some believe that could be about to change. Breach Inlet Founder and Portfolio Manager Chris Colvin and Gradient Investments President Michael Binger both expect small caps to take off. Q1 2020 hedge fund letters, conferences and more However, not everyone is convinced. BTIG strategist Read More