All episodes
Fairness Opinions: Time to fish or cut bait!
A Business Upended: Streaming and the Future of The Entertainment Business
Session 2: The Bermuda Triangle and Valuation Approaches
Putting the (Insta)cart before the (Grocery)horse: A COVID Favorite's Reality Check!
The Keystone Kops of Valuation: Lazard, Evercore and the TSLA/SCTY Deal
Market Bipolarity: Exuberance versus Exhaustion!
Session 1: Introduction to the Class
Invisible, but Invaluable: Valuing Intangibles - The Birkenstock IPO
Mean Reversion: Statistical Fact or Dangerous Delusion?
Good Intentions, Perverse Outcomes: The Impact of Impact Investing
Superman and Stocks: It's not the cape (CAPE), it's the kryptonite (Cash Flow)
A Tesla Revisit: Story Twists and Turns with Value Consequences
The Bonfire of Venture Capital: The Good, Bad and Ugly side of Cash Burn
Country Equity Risk Premiums: Dataset support
Introduction to Class
Implied ERP: Dataset Support
The Ride Sharing Business: Is this a Bar Mitzvah Moment?
Cost of Capital: Dataset Support
Brunelleschi's Dome
Total Beta: Dataset Support
Tesla: A Story Stock but what's the story?
Sustainable Growth in Operating Income: Dataset Support
Brexit: The Signals amidst the Noise
Sustainable Growth in Equity Earnings: Dataset Support
Icahn exits, Buffett enters, Whither Apple? The Big Name Investor Effect
Return on Invested Capital (ROIC): Dataset Support
A Preview of my Valuation Seminar
Return on Equity (ROE): Dataset Support
Stare into the Abyss: Facing up to uncertainty with simulations
Pricing Ratios: Dataset Support
Review for Final Exam
Excess Returns and EVA: Dataset Support
Session 28(Undergraduate): The Last Hurrah
Dividends, Buybacks and FCFE: Dataset Support
Session 26 (MBA): The Last Hurrah!
The Difference Makers: Key Person(s) Value
Session 27 (Undergraduate): Valuation
Debt Ratios: Dataset support
Session 25(MBA): Valuation Agonistes
Historical Returns: Dataset Support
The Margin of Safety: Tool for Action or Excuse for Inaction
Data Update 1 for 2024: The data speaks, but what is it saying?
Session 26 (Undergraduate): Dividend Closing and Valuation Opening
The School bell rings: Time for class!
Session 24 (MBA): Dividend Analysis and First Steps on Valuation
Data Update 2 for 2024: A Comeback Year for Stocks!
Journeying to the Dark Side: Coping with Uncertainty
Session 1 (Val Undergrads): introduction to class
Session 23(MBA): Potential Dividends and Cash Balances
Session 2 (Val Undergrads): The Bermuda Triangle of Valuation
Session 25 (Undergraduate): Potential Dividends and Cash Balances
Data Update 3 for 2024: A Rule Breaking Year for Interest Rates
Session 23(MBA): FCFE (Potential Dividends) and Cash Balances
Data Update 4 for 2024: Danger plus Opportunity - Risk enters the Equation!
Quiz3: Review Session (MBA)
Session 1 (CF MBAs); Corporate Finance - The Big Picture
Session 24 (Undergraduate): The Trade off on Dividends
Session 5: Estimating Hurdle Rates - The Risk free Rate
Session 35 (of 42): The Case for Passive Investing - Active Investors' Track Record
Session 4: Defining and Measuring Risk
Session 22(MBA): Dividend Trade Off
Finding your Investing Lodestar: In Search of an Investment Philosophy!
Session 3: The Objective in Corporate Finance - Reality
The Market's Narrative: How Investors are pricing in the Iran War!
Session 2: The Objective in Corporate Finance
To Trillion(s) and Beyond: The SpaceX IPO Odyssey
Session 3 (Val Undergrads):: First Steps on Intrinsic Valuation
Session 31: Cash Flows and Growth Rates
An Ode to Restraint: Lessons from the Tim Cook Legacy!
Session 32: Terminal Value
The Numbers are in: A Post-Prospectus SpaceX Valuation!
Session 33: Valuation Loose Ends
The Indexing Question: Should SpaceX, OpenAI and Anthropic be in the SandP 500?
Quiz 3: Review Webcast
Session 34: The Value of Control
Country Risk: Determinants, Measures and Implications - The 2026 Edition
Session 35: Relative Valuation
Information Timing and Release: The Debate over Quarterly Reporting and Fed Guidance!
Session 36: Closing Thoughts
Lessons from Leo: The Dark Side of Investment Conviction!
Session 4 (Val Undergrads): The Architecture of DCFs and Riskfree Rates
Session 1: Corporate Finance: What is it?
AI's Bar Mitzvah Moment? From Hype and Hope to Business Questions!
Session 19 (MBA): APV and Relative Assessment - Optimal Financing Mix
Data Update 5 for 2024: Profitability - The End Game for Business?
Valeant: Information Vacuums, Management Credibility and Investment Value
Session 20 (Undergraduate): The Cost of Capital and Financing Mix
Session 4 (Val MBA): DCF Structure and Risk free Rates!
Session 18 (MBA): The Cost of Capital and Optimizing Debt
The Mag(nificent) Seven: The Seven Stocks that Saved the Market in 2023!
Session 19 (Undergraduate): More on the debt trade off and the cost of capital approach
Session 6 (Val Undegrads): Implied Equity Risk Premiums and First Steps on Relative Risk
Session 17 (MBA): The MM Theorem and Cost of capital approach
Session 5: End Game Closure and First Steps on Risk
Session 18 (Undergraduate): The Debt Trade off (continued)
Session 5 (Val MBAs): Closure on Riskfree Rates and First Steps on Equity Risk Premiums
Session 16: The Trade off on Debt
Session 7 (Val Undergrads): Alternatives to Beta,, Cost of Equity and Cost of Debt
Session 17 (Undergraduate): The Netflix Studio - Case Discussion
Session 6: Risk - From Models to Inputs