A Private Market Approach to Valuation – Christopher Karlin

0
A Private Market Approach to Valuation – Christopher Karlin

A Private Market Approach to Valuation – Christopher Karlin


0:00sure you know I think a we we look at at
0:04mostly the same models that are the people working at
0:07I’m them predominant 10 we look at is sort of a a user-defined
0:12I wanna love %um pre-tax discretionary cash flow which
0:16you for for the purposes are up like be writing I’m
0:19I’m napkin it was implicated as he bit down minus
0:23mice maintenance capital expenditures and and so the idea being that
0:28really we’re looking when we see private market approach to valuation
0:32is we’re looking at atwater reasonable buyer would pay
0:36to own the business an entirely on a more personal level we’re looking at it
0:40from the standpoint
0:41on if if you had you know
0:44all your net worth you could invest in this company and
0:48there is no liquidity that you have to earn a return
0:51and and your your future economic success is entirely dependent
0:55on on this asset we can generate for you
0:59your be to cash flow or whether it be through asset appreciation
1:02i && your turning over the portfolio through
1:06through asset sales wide I what would your return be
1:10so what would what price would you be willing to pay in order to have all your
1:13wealth tied up
1:14you know specific company indefinitely and and that’s really when we talk about
1:19private market
1:22the what

Large Cap Value Style

Updated on

Seth Klarman’s Foundation Invested In These Three Hedge Funds

Seth KlarmanMany well-known hedge fund managers are also philanthropists, and many of them have their own foundations. Seth Klarman of Baupost is one of those with his own foundation, and he invested in a handful of hedge funds through his foundation. This list of Klarman's favorite hedge funds is based on the Klarman Family Foundation's 990 Read More

No posts to display