Web Casts

AIMR Presentations

For the last few years, I have done an annual webcast for AIMR. While you have to visit the AIMR site to see these webcasts, the material for the webcasts can be downloaded here:

  1. Valuing companies with negative eanings, no history and no comparables: Amazon in early 2000
  2. The Effect of Infcormation on Value: An update on the Amazon valuation: January 2001
  3. Dealing with Distress in Valuation: Global Crossing in 2002
  4. Loose Ends in Valuation

Other Webcasts

There are webcasts that I have done over time for different units that are online. I don't control any of these videos but you can access them by going to the sites

FMA (from 2004 meetings)

YouTube
Snippets of my presentations and lectures are now on Youtube. Given how dynamic that space is, I will not try to direct you to specific stops. Needless to say, if you do do find a YouTube piece that has me saying or doing anything that is not my forte (such as playing the Phantom of the Opera),skip over it very quickly. We all have our competitive advantages, and singing is not one of mine.

Subject Matter Webcasts/ Podcasts
The following are short podcasts (webcasts), ranging from 20-40 minutes to length that cover multiple topics in valuation. Note that this is a work in progress and the links will show up as the webcasts go online, at the rate of about one a week.

Topic Webcast Supporting Presentation
Intoductory Material
 Corporate Finance
Valuation
Portfolio Management		 Corporate Finance Basics
Valuation Basics
Portfolio Management
DCF Valuation
 Discount Rates
Cash Flows
Expected Growth
Terminal Value
Loose Ends in Valuation		 Estimating discount rates
Estimating cash flows
Estimating growth
Estimating terminal value
Loose Ends in Valuation
Relative Valuation
 Deconstructing Multiples
Earnings Multiples
Book Value Multiples
Revenue Multiples		 Four steps in assessing multiples
Earnings Multiples
Book Value Multiples
Revenue Multiples
Real Options
 Real Options in Valuation
The option to delay
The option to expand
The option to abandon		 Introduction to Real Options
Option to Delay
Option to Expand
Option to Abandon

Classes
Starting in the fall of 2001, my corporate finance and equity classes have been web cast. You can track the current semester's classes and use the presentations that go with the class. If the current semester is ongoing, the previous semester's classes are also archived. If you are trying to take this class online, you will probably have better luck accessing the archived semester's classes (rather than the current one).

Fall 2009
Valuation - Fall 2009

Spring 2009
Corporate Finance - Spring 2009
Valuation - Spring 2009

Fall 2008
Valuation (formerly called Equity Instruments and Marketas) - Fall 2008

Spring 2008
Corporate Finance - Spring 2008
Equity Instruments and Markets - Spring 2008

Fall 2007 (archived)
Financial Management (Corporate Finance for undergraduates)

The webcasts of a shorter executive ( two-day) MBA valuation seminar and a three-day corporate finance seminar can also be downloaded. The formet covered primarily DCF valuation and is available in 4 3-hour sessions and the latter is a condensed version of my regular corporate finance class and is composed of six 3-hour sessions.

Executive Valuation seminars - June 2009
Executive Corporate Finance class - January 2009