If am able to provide an investing course, then once the fundamentals are covered, we could study cases. Let me know your thoughts.
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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.”
- 2017_Asset_Handbook
- SSL-Q2-2017 Recent 10-Q
- SSL-Presentation
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 aldridge56@aol.com 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?”
Have fun!