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Would you rather (a) be a fortune teller or (b) a critic of a fortune teller?

Rather than trying to predict the future, we use our DCF model to quantify the cash flow expectations baked into stock prices.

Instead of guessing about the future, we criticize Mr. Market’s guesses as reflected in stock prices.

This article originally published on June 4, 2019.

Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.

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