Evolution and Challenges in Modern Financial Modeling

The chapter explores the evolution of financial models, emphasizing the move towards customized investing strategies and away from traditional packaged products like mutual funds and ETFs. It discusses the development of databases and software to drive personalized investing approaches, highlighting the challenges of data consistency and the significance of data cleansing. Moreover, it delves into the limitations of traditional financial metrics in capturing the true value of companies in the tech sector, emphasizing the need for evolving financial models to account for intangible assets.