Thats hilarious. Intrinsic value quoted to two decimal places!...

Thats hilarious. Intrinsic value quoted to two decimal places! I'm drinking red wine right now, so maybe I'm not thinking straight, but that level of precision should be raising all sorts of alarm bells.

We have to ask ourselves, what parameters feed into intrinsic value? Perhaps it's these sorts of things:
- future operating margins
- future dividend payout ratios
- future returns on retained capital
- ones desired rate of return
- future prevailing interest rates
- future inflation rate
- future impact of new market competition
- all sorts of unforseen events (recessions, pestilence, war, disruptive technological developments etc etc)

And all that to be estimated from now, until the earth us engulfed by the sun.

And the conclusion? One number, to 2 decimal places! Wow, I want Rogers crystal ball!