Categories
Strategy

Business Mutualism

Business Mutualism MUTUALISM, a concept from biology, refers to a relationship between two species or organisms in which both benefit from the association. Following on from the ideas put forward in a recent talk by Robert Full, we can apply this idea to the world of business by considering the idea of “Business Mutualism”. We […]

Categories
Investing

Building flexibility into business planning

ONE of the take away lessons from the CFA curriculum is that the conventional method of valuing an investment is to determine the present value of expected future cashflows.  One way of doing this would be to use the constant growth dividend discount model, which estimates the value of a stock by assuming that dividends […]