Subject: Re: Mr Bloomstran now at $479/B share IV
I guess to see how close he calls it...
His valuations are likely optimistic but i do appreciate his reports. His results since inception are not bad either and I particularly like his run down on the S&P 500 and potential fwd looking returns, if you read his letter from 2000, he was spot on concerning S&P500 returns 10years fwd. He says much of what Jim has been stating for a while but goes into a lot of detail and lays out the maths for you to then play with and make your own assumptions