I’m consistently surprised at the lack of basic financial literacy in the HN crowd. The title says this is a tool to create financial models, not that it is a well-tuned financial model. Yeah, you have to make better assumptions than straight-line extrapolation from last year’s trend to arrive at reasonable valuations. The point is that this shows you what assumptions you have to make to arrive at a rationally-calculated stock value, and pre-populates all of the other necessary data and formulas in a slick UI, which is pretty cool.
The models that make the big bucks are the ones that ingest a ton of other external data to predict the numbers that go in the data entry cells here. And yeah, those don’t get posted online for free.
The models that make the big bucks are the ones that ingest a ton of other external data to predict the numbers that go in the data entry cells here. And yeah, those don’t get posted online for free.