<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><title>Valuation on Mr.Yam</title><link>https://mr.nickyam.com/tags/valuation/</link><description>Recent content in Valuation on Mr.Yam</description><generator>Hugo</generator><language>en-us</language><lastBuildDate>Wed, 30 Sep 2026 18:01:00 +0800</lastBuildDate><atom:link href="https://mr.nickyam.com/tags/valuation/index.xml" rel="self" type="application/rss+xml"/><item><title>Valuing UNI Through Free Cash Flow</title><link>https://mr.nickyam.com/Crypto/Valuing-UNI-Through-Free-Cash-Flow/</link><pubDate>Wed, 30 Sep 2026 18:01:00 +0800</pubDate><guid>https://mr.nickyam.com/Crypto/Valuing-UNI-Through-Free-Cash-Flow/</guid><description>&lt;p&gt;A reader left a comment after a September 22 article on PONS — investment versus speculation, and a look back at UNI:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;&amp;ldquo;Since UNI&amp;rsquo;s true value is supposedly far above its price, from an investment standpoint why not just dollar-cost-average into UNI?&amp;rdquo;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;p&gt;In that piece I did not claim UNI&amp;rsquo;s true value is far above its price. I only said that, compared with UNI&amp;rsquo;s price and fundamentals back in 2021, today its price is far below then while its fundamentals are far better.&lt;/p&gt;</description></item></channel></rss>