Very good insight into the concept of goodwill and accounting practices. I wonder if you integrate goodwill analysis for a quantitative estimate of intrinsic value or simply as a matter of evaluating the quality of the management team over time. I look forward to your next post already :)
Well, from a quantitative point of view I will only take it into account to see the returns on incremental overall capital invested. In general, it is just to have a gut feeling on transparency and see what they do with it, rather than telling me anything about the intrinsic value.
Very good insight into the concept of goodwill and accounting practices. I wonder if you integrate goodwill analysis for a quantitative estimate of intrinsic value or simply as a matter of evaluating the quality of the management team over time. I look forward to your next post already :)
Well, from a quantitative point of view I will only take it into account to see the returns on incremental overall capital invested. In general, it is just to have a gut feeling on transparency and see what they do with it, rather than telling me anything about the intrinsic value.