This 26-session equity valuation class will be starting January 30, 2023, and the sessions will be online, though recordings will be acceible on multiple platforms. You can get the supporting lecture notes by clicking on the pdf files below - the pages covered by each lecture are provided next to each lecture. For the syllabus and other details, visit the home page .
Lecture Notes
Webcasts
Options for following class
You can follow this class on YouTube. I have created a playlist for the class, where the sessions will be posted sequentially with links to slides and other material.
Finally, you can read the emails that I send to the class by this link.
Session Webcasts | Topics covered | Lecture notes |
Preview of the class |
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Introduction to Class | ||
Post-class test and solution. | ||
Valuation of the week #1 |
Tesla: Is the Corporate Teenager growing up? |
Google shared spreadsheet |
Valuation bias: A test and my solutions | ||
The Bermuda Triangle of Valuation |
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Post-class test and solution. | ||
Much of the raw material (data) that we use for valuation comes from annual reports and financial filings. (10, 10Q). In this presentation, I lay out a template for extracting information from these filings, separating the stuff that matters from the stuff that does not, using P&G in September 2012 as an illustration. | ||