Levered Free Cash Flow Formula (FCFE) Explained
Free cash flow and a DCF go hand-in-hand in estimating valuation. But should levered free cash flow (also called FCFE) be used in a DCF? How does leverage affect a DCF, and future cash flows, and the value of a company? These are the questions I will be answering in this post. The way that […]
The Growth/Value Barbell Portfolio Explained: Pros and Cons
As the growth stocks vs value stocks debate rages on, and value investing undergoes an almost two decade run of underperformance to growth, a new type of stock strategy has gained popularity: the barbell portfolio strategy. The barbell portfolio strategy is a simple concept; a balanced portfolio containing both growth and value stocks. Like a […]
