Author's articles
Financial Modeling: Investment Property Model
By Adam Fish · 12 years ago
Building financial models is an art. The only way to improve your craft is to build a variety of financial models across a number of industries. Let's try a model for an investment that is ...
Writing a Business Plan -- A How-to Guide
By Adam Fish · 12 years ago
Lots of people want to start their own business. One of the first things that stops these would-be entrepreneurs from realizing their ambitions is the seemingly daunting task of writing a business plan. Writing a ...
Financial Modeling: Sensitivity Analysis
By Adam Fish · 12 years ago
One of the great things that a good financial model can do is test different business scenarios. A good model should also test how sensitive the results can be to changes in the assumptions. A ...
Investment Banking Interview Preparation
By Adam Fish · 12 years ago
For undergrads and MBA students, the news that they have been selected for an interview at an investment bank comes with both excitement and dread. A position as an analyst or associate in corporate finance ...
DCF Valuation: Unlevering a Beta
By Adam Fish · 12 years ago
In the process of calculating a weighted average cost of capital for a discounted cash flow analysis, one must often unlever a Beta. Let's take a look at the process.
Calculating Beta is the fun ...
DCF Analysis: Forecasting Cash Flows
By Adam Fish · 12 years ago
In order to get started with a discounted cash flow analysis, we forecast a company's free cash flows and then discount them to the present value using the company's weighted-average cost of capital (WACC).
Forecasting ...
WACC and the Capital Asset Pricing Model
By Adam Fish · 12 years ago
The concept of a discounted cash flow analysis is simple: we forecast the company's free cash flows and then discount them to the present value using the company's weighted-average cost of capital (WACC). Calculating WACC, ...
Mergers and Acquisitions: How to Sell a Company
By Adam Fish · 12 years ago
For a business owner contemplating a liquidity event for his or her company, the process of selling the company can seem quite daunting. From hiring an investment bank to negotiating a sale, the whole procedure ...
Social Investing: What is it?
By Adam Fish · 12 years ago
Social investing has received a lot of interest in recent years — especially following the financial crisis. Most people, however, are left wondering: What is social investing? Let’s answer this question.
To understand what social ...