ERA 2.56% 3.8¢ energy resources of australia limited

what si it worth?, page-52

  1. 14,050 Posts.
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    su27dvr
    valuation is supposed to be based on earnings going forward ie it based on prediction, hypothesis about what might happen in the future.

    the more I look at this stock market game the more I realise how BAD analysts are at predicting the future.

    You should read Malkeil, he used to say most brokers had as much success as a monkey picking stocks via throwing darts at dart board


    do your own valuations.
    your ability to predict is probably as good as any analysts
    I think buffett was the only one who could make good predictions
    But you know how he did it.
    He was extremely conservative. He hardly predicts more than a year down the track
 
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