Enlightening PropositionsProposition 1: Be Steadfast on Principles, Open to New Tools, and Flexible on EstimatesProposition 2: Pay Heed to Markets, but Don’t Let Them Determine Your ValuationsProposition 3: Risk MattersProposition 4: Growth Is Not Free and Is Not Always Value-AddingProposition 5: All Good Things Come to an EndProposition 6: Watch Out for Truncation RiskProposition 7: Look at the Past, but Think About the FutureProposition 8: Draw on the Law of Large NumbersProposition 9: Accept Uncertainty, and Deal with ItProposition 10: Value = Stories + NumbersConclusion