Keep the reasoning.
A value is a result.
The assumptions make it an argument.
Saved in this browser. Export JSON to keep a portable copy of your calculations, notes and source references.
Review and import valid earlier saves. Their hypothetical equity bridge will be off because the earlier format did not save one.
Start with a calculation.
Give it a point of view.
Save a case from the valuation model or a comparison from Thesis Lab. Then record what you believe, what needs to hold, and what would change your mind.
Worked examples: Read an illustrative research brief (opens in a new tab) · Download the example casebook. Import the JSON explicitly to explore three labeled examples.
The calculation
Exact assumptions and the case they produce.
The reasoning
Your rationale, critical assumption and review trigger.
The evidence
Dated source references with their stated limits.
The saved calculation stays fixed while you edit the notes. Reopen it to explore different assumptions.
This link carries the calculation. Export casebook JSON or a research brief to include your notes and selected sources.
Recalculated in your browser
Choose an analysis
to inspect its reasoning.
Your saved calculations and research notes appear here.