Sentences with phrase «difficult business scenario»

Not exact matches

Value investing, to my mind, attempts to avoid the need for us to be a super forecaster because its fundamental aim is to buy businesses with valuations that impute very dark scenarios for the business and don't require said business to be able to incrementally deploy capital at high return rates for years into the difficult - to - forecast future to justify today's valuation.

Which implies an intense focus on intangibles like management, moats, business models, research & development, disruptive advantage, costs, margins, peer / sector analysis, scuttlebutt, and all manner of other SWOT, scenario & competitive analyses — yes, all the difficult & squishy stuff that never boils down nicely to a cheap price / book ratio.

The science is clear to me and to most experts in the various fields associated with climate science: Humans are causing most of the observed global warming in the past several decades and, if we continue emitting GHGs under a «business as usual» scenario, it will become increasingly difficult and costly to adapt to the changes that are likely to occur.