WARNING: As the channel grows (thank you all for that), there are more and more scammers impersonating me. The only thing I am selling is my Research Platform and Book sven-carlin-research-platform.teachable.com/p/stock-market-research-platform All that I do, the real links to my content are in the description of the video, I don't give out my Whatsapp number and I don't sell any Cryptocurrency related things! BE CAREFUL OUT THERE!
I found your channel because of the plain balel's interview/podcast. I'm finally feeling like i have found good finance channels on youtube. I'm most likely one of the 95% of people who shouldn't be investing, but we'll see. Thank you for the content! You've got my subscription.
Oh I'm sure you'll be alright, just stay calm, buy what you know, don't be envious or jealous so basically focus on only yourself, and buy things cheaper than your estimate of future cash flows. Or more broadly you can buy basket bets of sector tracking ETFs you think have strong tailwinds in the next 5-10 or so years. Or even more broadly than that you can buy a countries enterprise, or something like the MSCI world index if you really don't think you can get it. But definitely you should invest, and you can do it.
Thank you for not being on TH-cam to be a TH-camr! You bring real value to TH-cam and I just bought your book. I look forward to reading it this weekend.
I was buying aapl years ago when so many said they were doomed. It’s paid off. My basic formula was: 1.)Knowing Ross P. invested after Steve J. returned and never sold. 2.)Steve was once in a generation visionary. No fancy formula. Much thanks for your exceptional analysis!
Thank you so much Sven. You are a true example of leadership. You deliver real value to your followers instead of fear and speculations, which 99% of youtube channels do for their own profit. If I could invest in your company, I would be a true value investor!
I am thrilled to have discovered Sven and this channel. I've been investing for 35 years and it is such a pleasure to find a fresh, interesting and intelligent, somewhat different view of investing and the markets. I try not to listen to or read much in the way of analysis as I believe it can cloud one's judgement however I am absorbing and enjoying what Sven has to say. Thank you Sven.
Sven, I cannot thank you enough for this content. I'm new to value investing and trying to educate myself. It's so incredibly valuable to have people such as yourself who are so generous with their knowledge. I am having a hard time following how this works thus far but doing plenty of pausing, replaying, and taking notes! Thanks again!
Sven this is incredible, you are a great teacher. I love your honest straightforward approach to investing, it’s very refreshing in a world of misinformation.
Thank you, Mr. Carlin! Appreciate your clear-eyed level-headedness amidst all the TH-cam hyperbole and market mania. Been holding FB for a year now and am keeping my eye on the ball amidst all the noise and FUD.
thanks a lot Sven !! iI would like to remark some important thing: FCF is not GAAP, so people must have caution to take the FCF value in any digital plattform without take the time to study it.
Amazing Sven! this has a lot of value to us, we will always be here, don't worry if you pubblish 2 videos per month, if it's like this, it's better than 10-20 :D
Sir, as a person that is eager to learn more about actual investment and valuation methods, thanks very very much for sharing and walking through your template, it benefits me much more than you think!!!!! So, am I right in saying that, the terminal multiple we put depends on point No.1 ( ie. whether it is dividend payout ratio or PE ratio)?
Thank you for breaking down your intrinsic value calculation in this way. This is very helpful. Some of it's still over my head a little, but I'm learning and it's making more sense over time. Thank you!
Hi Sven I have thought of a PEG variant, have a look Postulated Logical Multiple 1. PE/NetROIC = 1 ÷ (1+WACC_r) ÷ (1+inflation_r) (new) 2. PE/NetG = 1 (modified PEG) where NetG (Net Income Growth - Invested Capital Growth Rate)
Thank you very much Sven for you valuable advice. I will watch and re watch this video. Thank you for sharing and putting so much work and efforts so you can share to everyone your experience and knowledge.
Brillant video, I know personally I asked for much of what you went through on this video. Thank you. If you get time and/or looking for additional video content maybe a top 20 cash flow statement/balance sheet things to keep an eye out for or mistakes when interupting a companies finanicals.
Sven, what is your take on Prof. Bruce Greenwald's opinion on not using DCF and instead go for current metrics like Assets, Earnings and Competitive Advantage.
Sven, isn't it a good idea to consider debt to the equation. Like adding net debt to the final value. End of the day debt has to be paid from the FCF. Or how do we QUANTITATIVELY factor the huge debt of something like Verizon or the excess cash sitting with apple.
FCF includes already the cost of debt - if there is HUGE debt, you simply don't run an intrinsic valuation. Verizon is likely to be able to service that debt, but you never know! BTW. I don't own Verizon! Buffett however does!
Hello, Sven, many thanks for this very valuable tool ;-)))) Just a small remark : you should use the market cap of Baidu and Lukoil in US dollars to calculate the ratio ;-))) Figures in this updated xls are erroneous and give the feeling that these stocks are dramatically overvalued today. Yet, this is the opposite ;-) Many thanks again ;-)))
Thank you Sven for yet another great video, and for making investing easier for everyone. That being said, I would like to ask, whether the advantage of analysing each stock with more detail, looking into company specific parameters is worth the time, or if discounted free cash flow is a sufficient tool for an average investor.
I use your intrinsic value excell over and over again, it's a very powerful tool! And the most amazing: you're just giving this jewel away for free! Some companies don't focus on earnings, but on growth, and therefore look overvalued. I am using Warren Buffett's "owners earnings" instead as it takes into account debt (depreciation) and change in working capital. Is this the right measure or is there another better measure for these situations operating cash flow, EBITDA, price/sales ratio?
Great video, probably one of the best explanations of how to calculate intrinsic value I have seen. Well done and thank you, keep up the amazing work. 👏
Great video, Sven!! Thank you! It’s interesting doing an intrinsic value calc on the S&P 500 index. What about using earnings as the basis, instead of dividends? Yardeni seems to have good S&P 500 earnings figures (actuals and forecasted). The result may show the index is not so highly overvalued.
Great video Sven. Wow it's an eye opener. I see that I have been simplifying my dcf and I should learn to be more analytical on asserting growth rate and choosing which type of cash flow to use. Thanks much.
Hi Sven, thanks for the video! As a Finance student myself, I have always been taught to value companies using FCFs and TV, discounting them, get to the EV then subtract net debt = Equity. I have never seen a model where one could use dividends or EPS to get to the share price in a DCF. How does that work exactly? I just can't make the jump from having discounted future dividends or earnings and, from there, get to the share price.
@@NexitDzn I think most value investors use debt mainly as a measure on how responsible the owners are. Too much debt, especially if financed with flexible rates, it's not a buy, so you don't need to put a price to the business.
Sven, there is a theoretical question I always wanted to get your view on. When determining the terminal multiple for a security, the multiple differs depending on whether it’s based on its Earnings, FCF or dividends. A 5% dividend projected after 10 years (terminal multiple of 20) is still a high yield and therefore conservative, while a multiple on earnings of 10 could be ambitious if the business will not grow. So a usual rule of thumb could be that terminal multiple on FCF can be higher than on earnings and dividends. Off course it all depends on the future growth prospects of the business. Do you agree with that?
Sir, a lot of investors including Warren Buffett says that the college degrees do not help much in investing. So, how much has your degree helped you in long term investing?
I wouldn’t say four videos a month dear sir Let’s face it being a TH-camr has its benefits✌🏽👍🏽👍🏽. And is Robert De Niro said in therapy you’re good you’re good!!!
I would love a more detailed video explaining the calculations when dividend is involved. From how I read your calculations there, you use dividend both for valuing the company (year by year) and then you add in the projected dividend as well?
@@Value-Investing Well yeah. I already knew what dividend is (I get some on my investments). It's just that your way of valuing a company based on that doesn't make sense to me, because I don't understand it. I get the second line: using the growth multiple to project what the dividend is likely to be in the future. I don't get the first line, which is I guess the value of the company otherwise?
Dr. Carlin, Would you mind making a video on Tesla? More of a DCF model of that company based on its last earnings and its potential future earnings for the next 1year.
Nedavno sam saznala da ste Hrvat, drago mi je kad vidim da nasima ide dobro. Zanima me vase misljenje o uvodenju eura u Hrvatskoj i sto biste savjetovali nekom tko upisuje faks, a zanima ga ekonomija, investiranje i poduzetnistvo? Koliku ulogu igra diploma i odredeni faks? Koliko je tesko preci u odredene ekonomske i menadzerske poslove s diplomom iz drugog podrucja kao na primjer biologija, medicina ili arhitektura? Hvala na odlicnim videima, zelim vam jos puno uspjeha na youtubeu i sve najbolje 😄❤️
Iike to learn more about this. Can you recommend a series of books that will help me structurally reach a competency on analyzing the value of a company? I have an MBA from years ago. I feel I know how each metric work but I struggle with the application of them.
So important and educational. Thank you Sven. A question: when you use dividend for calculation are you assuming that dividend payout ratio is 100%? For most companies dividend payout is only a proportion of the earnings.
Hi Sven - it would be really interesting to see you value the other main regional index funds like you with the the S&P500. For example Japan looks like good value - but it has done for years and continue to underperform. Thank you 👍
Hi Sven, thank you for all the free information you are sharing. Since there are not a lot of channels covering european stocks, what is your thought on the european airlines? (Tui, lufthansa, klm,... they recently sold shares to cover their debts from covid and are very cheap right now + they have returned to making profit. They look like the only industry (outside usa) that has not recovered from covid dip?)
@@Value-Investing thank you for responding. I opened a very small position in all tourism stocks i could find in the limited availability my app offers (i look at them as 1 stock and match it to the rest of my portfolio over time), lets see where we go with that... I also included ccl an nclh.
Hey Sven, what education background recommendation to enter the finance sector? May be finance bias seems economics plays hand in hand too I appreciated your Fama French thesis definitely a different perspectives maybe that's why there's a carhart theory now. Was interesting
WARNING: As the channel grows (thank you all for that), there are more and more scammers impersonating me. The only thing I am selling is my Research Platform and Book sven-carlin-research-platform.teachable.com/p/stock-market-research-platform
All that I do, the real links to my content are in the description of the video, I don't give out my Whatsapp number and I don't sell any Cryptocurrency related things! BE CAREFUL OUT THERE!
Publishing 1-2 videos a month hurts your channel exposure due to the TH-cam algorithm I think.
What do you think about $CHGG?
@@aptibabayt yes, but increases my investing performance - Buffett publishes only once a year :-)))
@@angelsancheese no thoughts
Why do you use Cash Flow in some cases and with other stocks you use EPS, Dividends, cash flow per share...? Thank you
I like the approach, instead of giving us a fish you're giving us a fishing rod
Love the analogy, have a like.
thanks!
@@Value-Investing Not a fishing rod but more like a spear right Sven? ;-) (Great interview with Plain Bagel by the way)
@@jameswhitwell9156 thanks!
He’s giving us the boat as well
This is one of the best videos on financial literacy on youtube.
happy to hear that!
Sven, thanks for sharing this with us. On a side note, you look much more fresh and relaxed. Good that you took a break from the non-stop videos. 👍
Thanks, started working out and training 4 times a week! Best long term investment!
@@Value-Investing Nice, how much do you lift?
@@dhirajmeenavilli5508 no. Let's stay on track here.
@@Value-Investing Health is up there in importance! Getting sick quickly reminds you of that
@@dhirajmeenavilli5508 just myself for now
I found your channel because of the plain balel's interview/podcast. I'm finally feeling like i have found good finance channels on youtube. I'm most likely one of the 95% of people who shouldn't be investing, but we'll see.
Thank you for the content! You've got my subscription.
thanks and welcome!
Oh I'm sure you'll be alright, just stay calm, buy what you know, don't be envious or jealous so basically focus on only yourself, and buy things cheaper than your estimate of future cash flows. Or more broadly you can buy basket bets of sector tracking ETFs you think have strong tailwinds in the next 5-10 or so years. Or even more broadly than that you can buy a countries enterprise, or something like the MSCI world index if you really don't think you can get it. But definitely you should invest, and you can do it.
Wonderful you actually gave us the formula for free compared to every other channel giving us crumbs. Thanks for the whole piece
happy to hear that!
Thank you for not being on TH-cam to be a TH-camr! You bring real value to TH-cam and I just bought your book. I look forward to reading it this weekend.
thanks, enjoy the read!
Thank you Sven, you are a gentleman!!! Always a pleasure watching your videos, you are a proper gem of youtube!
hvala Marine!
I was buying aapl years ago when so many said they were doomed. It’s paid off. My basic formula was: 1.)Knowing Ross P. invested after Steve J. returned and never sold. 2.)Steve was once in a generation visionary. No fancy formula. Much thanks for your exceptional analysis!
thanks for sharing!
Thank you so much Sven. You are a true example of leadership. You deliver real value to your followers instead of fear and speculations, which 99% of youtube channels do for their own profit. If I could invest in your company, I would be a true value investor!
I appreciate that!
I love this video. Probably #1 in your library.
Thanks!
Thank you, Sven. These are my favorite videos. I appreciate your no-hype style.
Glad you like them!
I am thrilled to have discovered Sven and this channel.
I've been investing for 35 years and it is such a pleasure to find a fresh, interesting and intelligent, somewhat different view of investing and the markets.
I try not to listen to or read much in the way of analysis as I believe it can cloud one's judgement however I am absorbing and enjoying what Sven has to say. Thank you Sven.
Thank you!!
Thank you Sven! I’ve spent countless hours watching your videos trying to figure this out. Very excited to put this to use!
Great to hear!
Hello Sven
I'm a new (baby) investor and I really appreciate your videos!
thanks!!!
Once again - thanks Sven, undoubtedly the best channel for a value investing! 💪
Thanks
Sven, I cannot thank you enough for this content. I'm new to value investing and trying to educate myself. It's so incredibly valuable to have people such as yourself who are so generous with their knowledge. I am having a hard time following how this works thus far but doing plenty of pausing, replaying, and taking notes! Thanks again!
Great to hear!!! Don't forget there is also the written version in my FREE course!
@@Value-Investing Thanks Sven! I will check it out, I also just picked up your book on Kindle. Looking forward to reading!
I initiated a position in Verizon (now one of the largest in my portfolio) when it dipped to $51. Big fan, especially long term.
thanks for sharing!
Sven Carlin's vids "have intrinsic value, give a lot of value."
That's Value Investing your time!
thanks!
Dear Sven, your channel is an absolute gem. Thanks for sharing your knowledge and insights, I'm learning a lot.
This is basically a free finance course from uni. Between this and Jimmy's video... Amazing. Thank you so much!
Who is Jimmy?
thanks!
I learned some new things about valuations from this video. VERY complete.
Thanks!!!
Sven this is incredible, you are a great teacher. I love your honest straightforward approach to investing, it’s very refreshing in a world of misinformation.
thanks Ryan, doing my best!
Sven, good to see you back. As always solid long-term investing content.
Thanks!!!
Thank you, Mr. Carlin! Appreciate your clear-eyed level-headedness amidst all the TH-cam hyperbole and market mania.
Been holding FB for a year now and am keeping my eye on the ball amidst all the noise and FUD.
I've seen FUD used around. What does it mean??
@@NOT-FINANCIAL-ADVICE. "Fear, uncertainty, and doubt."
@@matts9109 Oh. My favorite things in investing. Nice.
:-)))
thanks a lot Sven !! iI would like to remark some important thing: FCF is not GAAP, so people must have caution to take the FCF value in any digital plattform without take the time to study it.
of course, as I always say, you need to know the business!
Amazing Sven! this has a lot of value to us, we will always be here, don't worry if you pubblish 2 videos per month, if it's like this, it's better than 10-20 :D
thanks! I'll likely do 3 to 4 per month, keeps things intresting and fun !
I'd like to see you fill in each value in the spreadsheet as you go through the various values so I can connect the dots.
Noted
Thank you so much for making such a high quality video. I know long videos don't always get the views, but this was exactly what I was looking for.
:-)
thanks a lot for this Sven🙏
:-)
Thx Sven , the BEST VIDEO about intrinsic value I ever seen. ❤
Thanks
Sir, as a person that is eager to learn more about actual investment and valuation methods, thanks very very much for sharing and walking through your template, it benefits me much more than you think!!!!!
So, am I right in saying that, the terminal multiple we put depends on point No.1 ( ie. whether it is dividend payout ratio or PE ratio)?
that is the start - then it is about your character and consequently about estimating with a margin of safety!
I'm an avid follower. Thanks for the detailed video. I appreciate the time you had to put in...
thanks!
Thank you very much ! I finally understood when to select this or that metric for the calculation of intrinsic value :)
Glad it helped!
Thank you for breaking down your intrinsic value calculation in this way. This is very helpful. Some of it's still over my head a little, but I'm learning and it's making more sense over time. Thank you!
I re-watched it and I'm understanding a little more. I think I'll keep coming back to this video. Thank you!
Thank you Sven for the great insight and knowledge.
Thanks!
If this video didn't add value to the chanel I don't know what will :) Great work
Glad you liked it!
Hi Sven
I have thought of a PEG variant, have a look
Postulated Logical Multiple
1. PE/NetROIC = 1 ÷ (1+WACC_r) ÷ (1+inflation_r) (new)
2. PE/NetG = 1 (modified PEG)
where
NetG (Net Income Growth - Invested Capital Growth Rate)
THanks, but I prefer looking at a business from a Fat Tony perspective, not ratios!
So much value in one video
Amazing.
Thank you
Thanks!
Thank you very much Sven for you valuable advice. I will watch and re watch this video.
Thank you for sharing and putting so much work and efforts so you can share to everyone your experience and knowledge.
My pleasure!
muito obrigado Sven Carlin. um abraço de Portugal
thanks!
Brillant video, I know personally I asked for much of what you went through on this video. Thank you. If you get time and/or looking for additional video content maybe a top 20 cash flow statement/balance sheet things to keep an eye out for or mistakes when interupting a companies finanicals.
Thanks for the idea! Keeping those things in mind when it comes to videos!
I always find value in your videos. Thanks again Sven.
thanks!
Cheers for the video Sven, they are always welcome
thanks!
This is great content, thanks! Thumbs up. Can you do a video about "value trap"?
thanks for suggesting!
Sven, what is your take on Prof. Bruce Greenwald's opinion on not using DCF and instead go for current metrics like Assets, Earnings and Competitive Advantage.
Sven, isn't it a good idea to consider debt to the equation. Like adding net debt to the final value. End of the day debt has to be paid from the FCF. Or how do we QUANTITATIVELY factor the huge debt of something like Verizon or the excess cash sitting with apple.
FCF includes already the cost of debt - if there is HUGE debt, you simply don't run an intrinsic valuation. Verizon is likely to be able to service that debt, but you never know! BTW. I don't own Verizon! Buffett however does!
Brilliant. I'll use this one well. Also thanks for suncor last year. 100% up on that one.
:-)))
Hello, Sven, many thanks for this very valuable tool ;-)))) Just a small remark : you should use the market cap of Baidu and Lukoil in US dollars to calculate the ratio ;-))) Figures in this updated xls are erroneous and give the feeling that these stocks are dramatically overvalued today. Yet, this is the opposite ;-) Many thanks again ;-)))
ah, Google finance changes the input all the time!
Thanks again for all of this Sven.
:-)
Thank you very much
:-)
thanks for another great video Sven !
My pleasure!
Thank you for the change in content, your videos were really great before but the value in this education content is truly awesome. Thanks Sven!
Thank you!
Thank Sven! Much appriciated!
My pleasure!
Thank you for the valuable lesson!
:-)))
Thank you Sven for yet another great video, and for making investing easier for everyone. That being said, I would like to ask, whether the advantage of analysing each stock with more detail, looking into company specific parameters is worth the time, or if discounted free cash flow is a sufficient tool for an average investor.
If it looks like interesting in the first 5 minutes, then you can spend months on it!!!
This is gold! Thanks for sharing, Dr Sven. Awesome as always!! =)
Thanks!
Osta malorsiga druze Sven ... Son veceto e te me' fa' studiar .... grazie per il servizio
hahahaha! la veciaia ze solo in testa!
I use your intrinsic value excell over and over again, it's a very powerful tool! And the most amazing: you're just giving this jewel away for free!
Some companies don't focus on earnings, but on growth, and therefore look overvalued. I am using Warren Buffett's "owners earnings" instead as it takes into account debt (depreciation) and change in working capital. Is this the right measure or is there another better measure for these situations operating cash flow, EBITDA, price/sales ratio?
Depends on what you think it is best for the business!
Love your channel!!! Thanks for the teaching
Zhanks!!!
Thank you Sven! Great job, as always.
Thanks!
excellent video! I would love to see your research platform as an App!!
i am not that sophisticated, but you never know!
Don’t think the app can do justice to the detailed pdfs that Sven produces. Works well on a larger laptop screen.
That's some quality content, thanks for the knowledge
Glad you enjoyed it!
Great video, probably one of the best explanations of how to calculate intrinsic value I have seen. Well done and thank you, keep up the amazing work. 👏
Thanks!!!
Great video, Sven!! Thank you! It’s interesting doing an intrinsic value calc on the S&P 500 index. What about using earnings as the basis, instead of dividends? Yardeni seems to have good S&P 500 earnings figures (actuals and forecasted). The result may show the index is not so highly overvalued.
Same, the vsluation changes!
Downloaded the video. Thanks Sven
Great to hear!!!
Thank you for sharing, Sven
:-)
Great video Sven. Wow it's an eye opener. I see that I have been simplifying my dcf and I should learn to be more analytical on asserting growth rate and choosing which type of cash flow to use. Thanks much.
Great to hear!!!
Excellent video.Thanks a lot.
Thanks!!
30:31 - the real Sven Carlin 😂
Thanks for the great video!
Hehe
Hi Sven, thanks for the video! As a Finance student myself, I have always been taught to value companies using FCFs and TV, discounting them, get to the EV then subtract net debt = Equity. I have never seen a model where one could use dividends or EPS to get to the share price in a DCF. How does that work exactly? I just can't make the jump from having discounted future dividends or earnings and, from there, get to the share price.
I value things as an owner, that is it
@@Value-Investing Yes but as an owner, you come after debtholders in the pecking order, so why not adjust for net debt?
@@NexitDzn I think most value investors use debt mainly as a measure on how responsible the owners are. Too much debt, especially if financed with flexible rates, it's not a buy, so you don't need to put a price to the business.
Thank for for this valuable video!
:-)))
Great video, loved it. I used to only use free cash flow but using eps and dividends sometimes will be useful thanks for sharing
thanks!
nice !! thanks a lot !
:-)
Sven, there is a theoretical question I always wanted to get your view on. When determining the terminal multiple for a security, the multiple differs depending on whether it’s based on its Earnings, FCF or dividends. A 5% dividend projected after 10 years (terminal multiple of 20) is still a high yield and therefore conservative, while a multiple on earnings of 10 could be ambitious if the business will not grow. So a usual rule of thumb could be that terminal multiple on FCF can be higher than on earnings and dividends. Off course it all depends on the future growth prospects of the business. Do you agree with that?
I prefer thinking on specific businesses, not in general ways
Sir, a lot of investors including Warren Buffett says that the college degrees do not help much in investing. So, how much has your degree helped you in long term investing?
not much, just told me I can sit a long time on my chair and study or work, thus what I do now, research!
I wouldn’t say four videos a month dear sir
Let’s face it being a TH-camr has its benefits✌🏽👍🏽👍🏽.
And is Robert De Niro said in therapy you’re good you’re good!!!
I don't know what is your problem with me! All the best!
Many tks for the great insights
Happy to hear that!
thanks soo much
You're welcome!
Amazing content thanks for sharing
thanks!
I would love a more detailed video explaining the calculations when dividend is involved. From how I read your calculations there, you use dividend both for valuing the company (year by year) and then you add in the projected dividend as well?
dividend is one of the ways a business can reward its shareholders: others are buybacks or reinvestment
@@Value-Investing Well yeah. I already knew what dividend is (I get some on my investments). It's just that your way of valuing a company based on that doesn't make sense to me, because I don't understand it. I get the second line: using the growth multiple to project what the dividend is likely to be in the future. I don't get the first line, which is I guess the value of the company otherwise?
Dr. Carlin,
Would you mind making a video on Tesla? More of a DCF model of that company based on its last earnings and its potential future earnings for the next 1year.
not really something for me
thanks Sven
Thank you Sven!!!
:-)
Thank you uncle Sven
I feel old now
@@Value-Investing Lol absolutely not! Highest respects
Nedavno sam saznala da ste Hrvat, drago mi je kad vidim da nasima ide dobro. Zanima me vase misljenje o uvodenju eura u Hrvatskoj i sto biste savjetovali nekom tko upisuje faks, a zanima ga ekonomija, investiranje i poduzetnistvo? Koliku ulogu igra diploma i odredeni faks? Koliko je tesko preci u odredene ekonomske i menadzerske poslove s diplomom iz drugog podrucja kao na primjer biologija, medicina ili arhitektura?
Hvala na odlicnim videima, zelim vam jos puno uspjeha na youtubeu i sve najbolje 😄❤️
savjetovao bih studiranje u Europe / you need a mindset shift if you are from Croatia!
What a value creating video:)
Thanks!!!
Danke!
Personally, it’s one of the most valuable videos for me. Thank you, Sven, for so openly sharing your insights.
Thanks! glad to hear that!
Thank you
Not a TH-camr on TH-cam? Magic.
not my main focus anymore! But will still do videos!
Iike to learn more about this. Can you recommend a series of books that will help me structurally reach a competency on analyzing the value of a company? I have an MBA from years ago. I feel I know how each metric work but I struggle with the application of them.
it is not about metrics, it is about mindset and how to use them!
Grazie Sven!! Big Virtual Hugs from Pizzaland! :D
Thanks!
Great video as always Sven:-)))
Thank you!
Thanks you for your great content. How do you calculate growth REITE stock? Only based on dividend?
Both
So important and educational. Thank you Sven. A question: when you use dividend for calculation are you assuming that dividend payout ratio is 100%? For most companies dividend payout is only a proportion of the earnings.
no, I assume the actual or projected payout ratio
Thanks brother
:-))
Thank you!
happy to hear that!
Hi Sven - it would be really interesting to see you value the other main regional index funds like you with the the S&P500. For example Japan looks like good value - but it has done for years and continue to underperform. Thank you 👍
here you have half of Euro th-cam.com/video/Hjja9e0iqos/w-d-xo.html
@@Value-Investing thank you Sven! Any concerns over BABAs latest results or happy to see the stock go cheaper (I assume the latter!)?
Hi Sven, thank you for all the free information you are sharing. Since there are not a lot of channels covering european stocks, what is your thought on the european airlines? (Tui, lufthansa, klm,... they recently sold shares to cover their debts from covid and are very cheap right now + they have returned to making profit. They look like the only industry (outside usa) that has not recovered from covid dip?)
Too risky for me and i anslzes them in Feb 2020, just before covid!
@@Value-Investing thank you for responding. I opened a very small position in all tourism stocks i could find in the limited availability my app offers (i look at them as 1 stock and match it to the rest of my portfolio over time), lets see where we go with that...
I also included ccl an nclh.
Hey Sven, what education background recommendation to enter the finance sector? May be finance bias seems economics plays hand in hand too
I appreciated your Fama French thesis definitely a different perspectives maybe that's why there's a carhart theory now. Was interesting
accounting or law!