Unreal Research
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| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 30 | Founded | a year ago | Last Issue | a year ago |
| Active | |||||
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unrealresearch.substack.comLatest Issues
The Stripper Index (Recession Predictor)
What's the Stripper Index Again?
Picture this: While Wall Street suits are hunched over their Bloomberg terminals analyzing yield curves and unemployment data, there's a group of people who might already know what's coming next – a...
Equity Deep Dive: UnitedHealth Group
Overview
UnitedHealth Group stands as the largest healthcare company in the United States, generating over $400 billion in annual revenue through its diversified operations spanning health insurance and healthcare services. It has seen i...
Equity Deep Dive: Alphabet
Overview
The recent announcement that Apple plans to integrate AI-powered search alternatives into its Safari browser triggered a 7.3% decline in Alphabet's stock price on May 7, 2025, erasing approximately $150 billion in market value....
Deriving True Shareholder Value (DCF 6)
We have went through how to calculate FCF, WACC and terminal value in the past few articles. Here’s a quick recap of the full DCF process.
It starts with projecting the company’s free cash flows over five to ten years—this represents the c...
The Forever Number: Cracking Terminal Value (DCF 5)
What is Terminal Value?
Terminal value accounts for the company’s value beyond your forecast period (e.g., after 10 years). Since forecasting far into the future is uncertain, we use this simplified approach.
There are two common a...
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