BBG 0.00% $1.05 billabong international limited

strong aussie $ hurts bbg profits, page-22

  1. 14,170 Posts.
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    I don't know if it was me or not
    all I know is that business is complex and future hasn't happened yet
    Being able to predict what will happen is difficult
    you need to look the economy, business and financials (oh and maybe the odd chart
    they are full of indicators
    eg interest rates, unemployment, gdp etc might tell you where we are in the cycle and where we might be headed
    Then you have to look at the actual business eg nature of the product, quality of management, the competition
    after that you might like to look at financial trends that go into the future eg growth in earning, ROE, debt to equity etc
    Pull it all together and make a forecast
    confirm it with some market indicators such director buying, anaylst recommendations

    AND STILL YOU GET IT WRONG
    what I have noticed is that people get it right a few times but mostly wrong
    you only every hear about the times they got it right though and when they do get it right they never let you forget...lol
    there are doubters and those that say they know, I tend to be in the doubter camp as that is the only real one as far I can see
 
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