Do people really make comprehensive 3-statements to analyze each stock they pitch to their PM?
Full 3-statement seems like a lot, is this mostly a sell-side thing and for a fundamental research HF, a revenue build/income statement + necessary parts of CF and BS to arrive at FCF to make a DCF = enough? From there, your investment thesis and other qualitative research and evaluations matter more? If this question is incredibly stupid and naive, let me know haha
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