User talk:Kpolt/sandbox

Peer-edit thoughts from Anand Swaminathan:

-This is a fascinating take on DCFs and I really like the connection between a classic problem in philosophy and a real-world business application. -Have there been any responses that defend the DCF as a valid approach for forecasting the future, in light of the problem of induction? It seems there have been some responses which suggest that investors rely on alternatives. But what is the main defense of sticking to the DCF, considering it is still widely used in the finance industry? Is the defense of the DCF similar to ones that people give against radical Humean skepticism? Namely, that we can't apply such radical skepticism to every domain of life and will just have to make do with probabilistic knowledge? -Does DCF just claim to make probabilistic forecasts? Are probabilities ever worked into DCF models? How are better and worse revenue projections assessed, knowing there are not right and wrong answers? If DCF models only claim probabilistic knowledge, then maybe this is enough of a response to Humean skepticism? Hume says induction can only lead to knowledge built on probability and just that induction could not lead to certain knowledge. Maybe this is a good enough standard for financiers.