Just saw this post over on Mark Cuban's blog Maverick. I pasted the first part of the article in its original format, check out the full post on his site.

“Past Performance is No Indication of Future Results”. Its a statement attached to every financial salespitch ever offered. So why is it no one believes it ?

Full research of Baidu.com, Inc - famous Chinese Internet company. All financial reports are analyzed, + marketing strategy, risk vactors. DCF calculations are applied.