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Declined

Top Stocks

Daniel 2 years ago • updated by Jae Jun 2 years ago 1

Hi Jae,


In addition to the top value, top action etc stocks...would it be of value to have a top 10 with a >25% margin of safety? (Maybe this is something you already have in the works as part of the screener output)

Declined

Right now, I'm declining all requests to have screens based on valuation.


Reason being that valuation is highly subjective and using it as a screen is not a good idea.

Valuation should only be performed individually and not as a group and listed in a database. It creates many errors because if the MOS is based on a 9% discount rate, but it should really be adjusted to 12%, the MOS number is way off.