ABOUT THE DEVELOPER

Over a 30-year career as a Financial Advisor,
J. Michael Newlight explored a variety of methods to answer basic questions asked by many investors.
From the scratch pad to the Excel spreadsheet, with detours through complicated financial planning software, he never found an ideal simple visual tool for answering the universal question, “Will I outlive my money?” Upon retirement, he decided to create such a tool. The result is the
Asset Projection module of Tomorrowscope.
And what about the
Proforma Proposal? In his professional practice, he dealt exclusively with publicly traded securities, studying individual companies and constructing portfolios. He developed advanced Excel tools for quantifying, analyzing and comparing historical returns, volatility and other technical factors, yet was always aware of the caveat, “past performance is no indication of future results.” Because it isn't really the past that matters to an investor, but rather what will happen in the future.
Becoming interested in start-up and early-stage companies, he joined an Angel Investment group, and quickly confirmed the obvious: quantitative historical analysis is of little use in dealing with start-ups, because they have no history. Different analytical methods are needed. Thus, the question: how does one quantify the future?