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Posted on May 19, 2024

Ingrid Lombe an analyst with fin pickers Inc, claims it is not worth my time to develop detailed forecast of sales growth, profit margins,

Ingrid Lombe an analyst with fin pickers Inc, claims

"

it is not worth my time to develop detailed forecast of sales growth, profit margins, etc. to make earning projections, i can be almost as accurate, at virtually no cost

,

using the random walk earnings." what is the random walk model? do you agree or disagree with ingrid lombe's forecast strateegy? why or why not?

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