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How to Build a DCF Model

How to Build a DCF Model: Step-by-Step Tutorial

By Andrew Stotz

A DCF model projects a company’s future cash flows, discounts them to today’s value, and produces an estimate of what the business is intrinsically worth. It is the core analytical tool in DCF valuation, the method used by investment banks, equity research analysts, and corporate finance teams to value companies based on fundamentals rather than…

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If I Pass the CFA Exam Will I Get Higher Pay?

If I Pass the CFA Exam Will I Get Higher Pay?

By Andrew Stotz

The CFA exams are favored as one of the top financial services qualifications to achieve—across the world. A common misconception…

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My #1 Study Tip for the CFA Exams

By Andrew Stotz

Many successful CFA charterholders credit their success in the CFA exams with their study habits. Personally, I believe it is…

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What Is Going to Happen with Inflation?

By Valuation Master Class Student

Many forces at work impact inflation. There are current trends that cause both inflationary and deflationary measures. Whether we’ll see inflation or deflation in the future depends on which of these forces dominate.

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How to Value a Startup

By Andrew Stotz

This story started when Dan, a podcast listener, replied to my recent weekly email with this question, “How do you value a startup, especially if there is no revenue?”

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How to Fight Back When Your Dreams Are Crushed

By Andrew Stotz

The trouble you face is not your fault, and I’m gonna show you how you can fight back. I challenge you to recommit to your dreams today!

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What Does It Mean to Be Financially World Class?

By Andrew Stotz

To determine a World Class Company, we focus on one measure, Profitable Growth. This is a composite of two measures that matter most regarding share-price performance: Profitability and growth relative to global sector peers.

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Careers in Finance with Pornphen Chuleeprasert

By Andrew Stotz

As a fund manager, always look at the whole picture first before investing in stocks. Before you invest, you have to make sure that your decisions and investment process is correct so that you can make high returns for your investors.

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Careers in Finance with Voragorn Sinlapamongkolkun

By Andrew Stotz

Take care of your stakeholders in the industry as a whole, not only in your organization. You have to look forward and try to learn a new thing. If you don’t change yourself something new will change you.

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Careers in Finance with Tanya Thourani

By Andrew Stotz

Start by developing interest. Then take a course to understand how finance works. Then leverage the people with experience and have opportunities for you in the area you’re learning.

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