3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP 504: Opportunities in Energy, Metals and Mines w/ Will Thomson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

How Do You Affect Your Free Cash Flow Forecast?

We're applying these probabilities to these outcomes or these scenarios. How does that flow through into actually affecting the free cash flow forecast? For example, you're saying these management team will be 75% successful in executing on this plan. We usually apply it at the end into that subjective probability. If we just don't really buy management's claims, the bad scenarios are going to end up with a higher weight.

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