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Friday, February 20, 2009

Random Thoughts

Discounted cash flow to us is sort of like the Hubble telescope – you turn it a fraction of an inch and you’re in a different galaxy. There are just so many variables in this kind of analysis – that’s not for us.

- Curtis Jensen
www.thirdavenuefunds.com
www.valueinvestorinsight.com

Spot on.

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