No. of Recommendations: 0
My only comment is that models continue to work until they don't.

I used to think my cash flow models good and even better as I made them more complex. As time went on they started giving bad projections caused by the model and/or bad input by the users. While we haven't abandoned the model, I've taken out some of the complexity.

This is why I take results from "accurate" models with a grain of salt. Remember the old saying: "Past performance is no guarantee of future results."
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement