I am curious as to who in our group uses any of the subsets of the 10th decile in developing discount rates. I am solidly in Mike Crain's corner on this being bad science for all the reasons he has articulated in his recent academic study. We are considering a BVR webinar on this topic with added discussion of how to address the unsystematic risk component generally in the build up method. We have an analytical framework we use to support our professional judgment on what to add to the other premia. Is anyone here interested in potentially being part of a webinar with Mike and I to kick this all around? There is nothing on the books yet and the timing can be whatever will work for all ahead. Ron V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&feat...> T 303.980.1111 D 720-665-9000 T 877.775.2676 F 303.308.6969 www.cpavalue.com<http://www.cpavalue.com/> [cid:image001.jpg@01DD3949.833ECDF0] Ron Seigneur MBA CPA/ABV ASA CVA Partner Ron.Seigneur@cpavalue.com<mailto:ron.seigneur@cpavalue.com> Seigneur Gustafson LLP 940 Wadsworth Blvd, Ste 200 Lakewood, Colorado 80214 Beyond the Number$ Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file Thought for the quarter: "I used to have a handle on life, but it broke" - Anonymous Last quarters thought: "Choose to be optimistic, it feels better." - Dalai Lama [cid:image002.png@01DD3949.833ECDF0] [Diagram Description automatically generated] [cid:image004.png@01DD3949.833ECDF0] [A book cover of a financial valuation AI-generated content may be incorrect.] [cid:image006.png@01DD3949.833ECDF0] One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026 [cid:image007.jpg@01DD3949.833ECDF0] More info or to register at: https://events.aicpa-cima.com/CannabisConf
