As BMW and Denny have said, I think one of the really good principles behind the BMW Method is that the DD is greatly simplified. You start with companies you are pretty sure are going to be doing the same thing they've been doing, have already proven themselves over many years, and can be reasonably expected to continue growing.

ok - I think I understand a bit, but isn't it a little weird that BMW is using HD - saturated store base and all - as an example of a company where he doesn't need to check any further how HD will continue to grow? HD is saturated. Period! They've admitted it. The law of large numbers has taken over. Are you and others suggesting that simply ignoring the fact that HD is saturated is the best way to approach this stock? Confused...