people who have experience in financial modelling help !!!
i have been learning financial modelling and I don't understand one thing what is the use of all these financial model actually ? we never know how the market will perform in future so how do people actually predict future cash flow, revenue and all. no assumption or prediction is accurate so how are these financial models like dcf and 3 statement even helpful ? we don't know what decision the frim might take, they might take a loan or raise funding or sell one of their holdings. what is the reason behind all the analysis