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Valuation Modeling: Excel as a tool
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Valuation Modeling: Excel as a tool
Excel is a powerful tool, but in our zeal to test out its many powers, we often overuse, and spend far too much time thinking about modeling and too little about business and valuation first principles. I do have a base valuation spreadsheet that I use to value almost every non-financial service company, and over time I have added some bells ...
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