Valuing the Shard
My first post here and I thought I would share my thoughts on the Shard (Europes tallest building)As I walk past London Bridge, an until recently overlooked part of England’s capital, one thing clouds...
View ArticleCar Crash Interviews
So I work at a derivatives house. It's a solid company, 150 employees and we start all juniors on a trainee trader program.Boring crap aside, we do a slightly off the wall 1st round where we take in 30...
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Technology has made us all lazy
I am sick to death of it. Every month, the same thirty figures, Bloomberg canvasses the opinions of 30 or so 'high quality analysts' to come up with a consensus estimate - next it gives us a lovely...
View ArticleClik here to view.
Mgmt Consultancy Interview - need a good tie
Morning all, I am interviewing at a one of the top 3 mgmt consultancy firms and I have put all my ties in storage (flat is being renovated). First is going to be this Wednesday so internet won't cut...
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Is the Shard a Success: Part 2
Two weeks ago I began my valuation of the Shard which I am printing in tandem with my blog. In Part 1 we had a look at the value of the viewing platform which came out at £324m! What about the...
View ArticleEV Question
Morning all, I was just going over enterprise values (work in derivs so haven't used it for a while)As I understand it you have the value of diluted equity + net debt + minority interests.If anyone can...
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I would like suggestions on what is the one book on DCF you must have!
A little background, I have worked in and around finance for a couple of years and so I know my way around balance sheets but when I need to move away from the standard FCF formula (Eg do intangible...
View ArticleClik here to view.
Free Cash Flow question
Hello Monkeys,Quick one, when getting the FCF in order to create a DCF, do we take this number from the change in cash and cash equivalents YoY (obviously adding back in dividend payments)Can it be...
View ArticleJumping from front office derivatives to M&A
Thought I would get the many monkey's opinions on the subject.I currently work in fixed income derivatives as an analyst and am really keen on moving into M&A. Last year I came to the conclusion...
View ArticleClik here to view.
How can a generalist analyst use his time economically?
Hey all, a quick run down - I have been promoted to just the above, a Generalist Analyst on a L/S hedge fund and I am finding the balance between depth and width very difficult to get.I was previously...
View ArticleValuing the Shard
My first post here and I thought I would share my thoughts on the Shard (Europes tallest building) As I walk past London Bridge, an until recently overlooked part of England's capital, one thing clouds...
View ArticleCar Crash Interviews
So I work at a derivatives house. It's a solid company, 150 employees and we start all juniors on a trainee trader program. Boring crap aside, we do a slightly off the wall 1st round where we take in...
View ArticleClik here to view.
Technology has made us all lazy
I am sick to death of it. Every month, the same thirty figures, Bloomberg canvasses the opinions of 30 or so 'high quality analysts' to come up with a consensus estimate - next it gives us a lovely...
View ArticleClik here to view.
Mgmt Consultancy Interview - need a good tie
Morning all, I am interviewing at a one of the top 3 mgmt consultancy firms and I have put all my ties in storage (flat is being renovated). First is going to be this Wednesday...
View ArticleClik here to view.
I would like suggestions on what is the one book on DCF you must have!
A little background, I have worked in and around finance for a couple of years and so I know my way around balance sheets but when I need to move away from the standard FCF formula (Eg do intangible...
View ArticleClik here to view.
Free Cash Flow question
Hello Monkeys, Quick one, when getting the FCF in order to create a DCF , do we take this number from the change in cash and cash equivalents YoY (obviously adding back...
View ArticleJumping from front office derivatives to M&A
Thought I would get the many monkey's opinions on the subject. I currently work in fixed income derivatives as an analyst and am really keen on moving into M&A . Last year I came to the conclusion...
View ArticleClik here to view.
How can a generalist analyst use his time economically?
Hey all, a quick run down - I have been promoted to just the above, a Generalist Analyst on a L/S hedge fund and I am finding the balance between depth and width very difficult to get. I was previously...
View Article
