Originally Posted by
SailorRob
Who has claimed to deeply understand OCA? Certainly not I, in fact I have posted the very opposite that I do not have a deep understanding or even any understanding of the minute detail.
Maverick and others may have convinced you that they deeply understand OCA from the detail of their work, but I have not once seen them claim they do.
Please provide one quote from this thread of anyone claiming to deeply understand OCA. Just one.
Now, if someone had claimed they deeply understand OCA (which they haven't, but let's play a game), then what makes you think they have even read Fergs post - like Mav - has he read it? And then what makes you think they would want to correct him? There are numerous reasons why they may not want to.
Myself, I didn't read Fergs post properly nor ponder the detail.
So it's a very large jump for you to assume that due to people claiming they deeply understand OCA when they haven't, and then subsequently they have read the post, and further they have wished to correct.
Believe me we are NOT all intelligent as has clearly been shown.
To then jump further to claim that Mr market understands all of this and discounts it perfectly is another foolish proposition.
With OCA I farm out the detail to an analyst partner who is at least as all over it as Mav if not more. He carries all his figures around in a A4 notebook. When I got my hands on one of Craigs proprietary analysis of OCA and offered it to him, he seemed confused as to why I'd think he would want it and just said 'Oh I'd rather use my numbers'. This reminded me of Buffett who would NEVER want to see another analysts report.
Hopefully 2cups can sign up soon and will be able to back up what I am saying.
So speaking of holes - there's a few for you. SkyTV and OCA are very different propositions. One persons experience thinking they are smarter than everyone else and leading others to follow off the cliff does not mean that it translates to other individuals and companies.
The cash flow analysis isn't 'different now'. It's the same as it always has been.
Free Capital.