If am able to provide an investing course, then once the fundamentals are covered, we could study cases. Let me know your thoughts.
The Life of an Analyst
Your boss slaps down these documents on your desk. “Let me know what you think. I want a back-of-the-envelope valuation and a sixty-second summary of this business by this afternoon.”
At this year's annual Robin Hood conference, which was held virtually, the founder of the world's largest hedge fund, Ray Dalio, talked about asset bubbles and how investors could detect as well as deal with bubbles in the marketplace. Q1 2021 hedge fund letters, conferences and more Dalio believes that by studying past market cycles Read More
What’s the essence of this business? Hannibal Lecter will guide you:
Your analysis should be clear and simple:
How can the portfolio manager expect YOU to answer quickly with this deluge of info? That’s what we will learn here today.
I will post my “answer” by Tuesday of next week. Email me at [email protected] if you wish to share your thoughts or do so at the deep-value group at Google Groups (sign up here) rather than post in the comments section, because readers shouldn’t be influenced by others. No help! This case illustrates the reality at investment firms. Your boss dumps a 500-page prospectus and says get back to me in two hours–“What’s it worth?”