By Nick Colas formerly of Convergex via Barry Ritholz
Commandment #1: Know your purpose.
The lesson: The reason to do a financial model – one that forecasts future income statements, balance sheets and cash flows – is not just to figure out if the company in question will beat or miss the next quarter. Rather, it is to understand a company’s entire business model. Where does it
Continue reading “10 commandments of financial modelling”