If am able to provide an investing course, then once the fundamentals are covered, we could study cases. Let me know your thoughts.
The Life of an Analyst
Your boss slaps these documents on your desk. “Let me know what you think. I want a back-of-the-envelope valuation and a sixty-second summary of this business by this afternoon.”
What’s the essence of this business? Hannibal Lecter will guide you: https://youtu.be/UhDZPYu8piQ?t=58s
Your analysis should be clear and simple:
How can the portfolio manager expect YOU to answer quickly with this deluge of info? That’s what we will learn here today.
I will post my “answer” by Tuesday of next week. Email me at firstname.lastname@example.org if you wish to share your thoughts or do so at the deep-value group at Google Groups (sign up here: http://csinvesting.org/2015/01/14/deep-value-group-at-google/) rather than post in the comments section, because readers shouldn’t be influenced by others. No help! This case illustrates the reality at investment firms. Your boss dumps a 500-page prospectus and says get back to me in two hours–“What’s it worth?”