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Risk is fundamental to the investment process. An investor may get back less or more than the amount invested. Past performance is not indicative of future results.
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Disclaimer for Intrinsic Value Calculator
Farnam Investing Intrinsic Value Calculator is designed to value companies using default criteria if you fail or forget to enter your own. Be aware, however, that if you do utilize the default criteria, you should consider the resulting calculations merely as a starting point requiring further independent analysis. Any calculation based upon the default criteria is not and should not be considered the equivalent of an investment recommendation. As part of the investment decision process, you should consider all the information provided in the annual reports, and all available information to you externally, before executing any investment or strategy. Because Farnam Investing goal is to get you to think for yourself and take charge of your investment decisions, you should conduct your own due diligence before investing in what you believe is potentially a great company.