Posts by Andrew Stotz
Learn Practical Skills in Valuation
Valuation Master Class Live is the leading valuation training workshop for aspiring students and young professionals. Prior attendees say they gained four key things: First, they learned PRACTICAL skills for equity valuation, because we focus on real valuations, not theory. Second, they gained CONFIDENCE in their valuations, because they learned the mistakes to avoid. Third,…
Read Full PostMistake #9: Not Properly Fading the Return on Invested Capital
We’ve covered a lot over the past Top 8 Valuation Mistakes. Don’t forget to read all these great posts here first: But first, don’t forget to catch up with the rest of the articles here. The Top 9 Valuation Mistakes Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed assets slower than…
Read Full PostOn the Rise of CFA Candidates in Asia
The CFA program has long been viewed as an essential qualification for anyone hoping to enter the lucrative world of investment banking. First conceived in 1942, the CFA program is now one of the US’s most successful exports. And in Asia, the credential is becoming ever more highly prized. An Origin Story With around 150k…
Read Full PostMistake #8: Choosing an Unreasonable Cost of Equity
I’ve narrowed down all the mistakes I’ve seen in my career over the last 25 years as an analyst, as a head of research, and in the Valuation Master Class, into these top nine. Check out the previous posts in the series here. Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed…
Read Full Post9 Steps to Prepping for the CFA Exams
For each candidate, whether they’re Level 1, 2 or 3, the exams mark a huge milestone on the ascent to becoming a Chartered Financial Analyst. And many more are weighing up the decision as to whether the CFA Program is the right climb for them… The post-nominal designation of CFA requires candidates to overcome many…
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