This second edition is a look back at the 2 year results. "A
Fistful Of Valuations" offers 5 sample "intrinsic value per share"
business valuations in the style that Warren Buffett and Charlie
Munger may use. In each case the author tried to simulate an
approach that they would take to valuing a business, based on what
they have written and talked about. All of the growth assumptions
used are the author's own. The valuation cases are estimations
written in a style that emphasizes a focus on free cash flow and
the number of shares outstanding. Readers are encouraged to think
about the business' competitive position. In reality, these
businesses may outperform or underperform the author's projections.
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