In this session, I first look at dealing with money-losing companies and then move on to estimating reinvestment and cash flows to equity. I close the session by starting the discussion of growth rates by examining historical growth and analyst forecasts.
Aswath Damodaran; More On Cash Flows & First Steps On Growth
In this session, I look past the regression at the fundamental determinants of betas – the business choices you make and the financial leverage you take on.