Wow.
A very nice article from Croesus about Stock to Flow article:
Stock-to-Flow RealityYou may think the Stock-to-Flow Model fell short, but it's still directionally correct, and here's why[/section]
In this paper, Croesus analysed why the S2F model "failed" only to understand that probably, due to overconfidence, PlanB didn't do enough to "correct" people's misunderstanding of the model and pumped it, twice, to the higher and higher target price.
Of course, when those prices didn't realise, people were mad t the model rather than at their interpretation.
Croesus then highlights some improvements for the model, such that his informative power is more excellent next time.
Interesting
It is helpful, above all, to refute the most common criticism of the model itself.