The Veritaseum Introduction to Stock Valuation course has hit a homerun in walking novices investing through building an investment valuation model for althletic apparel companies, from scratch. The course compared the fundamentals of Adidas, Nike, Puma, etc. and found Adidas to be materially overvalued. This was a snapshot of the stocks at the launch of the education module.
This is a snapshot of the same set of comparables today, compared to the date of the course availability…
Yes, fundamentals still matter – even in a world of centrally planned market manipulation. A short position on this stock would have grossed nearly 10% in that short period of time. Those interested in taking the course and/or tweaking their own version of the model should click here to join. It was purposely priced at a mere $50 to eliminate any barriers to anyone interested in learning real world stock valuation.
Conversations in our novice discussion group (Veritaseum University: Using Comparative Analysis to Value Apparel Stocks) and below will ensue as to how far Adidas has to drop before being realistically valued.
via http://ift.tt/2c4nlgk Reggie Middleton