Colombier Acquisition Corp (CLBR) --> Grab a Gun (PEW): Trump-Promoted SPAC With 2-10X Upside

Grab a Share, Grab a Gun

Mimesis

Before diving into my trade thesis, I want to jot down some important thoughts.

The value of any given business can be approximated by estimating and discounting the sum of all its future cash flows to its present value. This principle is the north-star for most investors, and the DCF model is the map. In my 9 or so years of trading and investing, I have come to really respect the model not for any predictive value, but for its analytical scope. The NPV calculation at the end is probably off in some way, but the process matters; changing and testing assumptions allows you to divine many possible future worlds.

It surprised me when I first learned that Warren Buffett never creates DCF models, even though he believes in principle behind them. He is certainly capable of making models, and people say that he is capable of performing a lot of the more schematic finance calculations in his head. Another idea is that he wants to swing at only perfect pitches¹, and the perfect pitch n…