The most comprehensive educational resources for finance

Financial System and Investment Landscape

This video on Equity Market Organization and Structure provides an overview of the equity markets as a part of the CFA Level 1 syllabus. The video covers: Six main purposes of financial system Function of financial system Classification of Assets and Markets Types of Investments

A Value Investing Approach to Manage an Equity Portfolio

This presentation by Vincenzo Boin makes the case of a value investing approach to manage an equity portfolio. Such an approach is suitable for long term risk-averse investors. “We should remember that there is a large body of research stating that on average value stocks do outperform growth, the result is more pronounced with small

Lecture 9 – Corporate Stocks

Professor Shiller emphasizes the worldwide importance of corporations by looking at World Bank data for corporate stocks as traded on global stock markets. He, then, turns his attention to the concept of a corporation, elaborating on the role of shareholders, the board of directors, and the Chief Operating Officer. He compares and contrasts for-profit and

Valuation Lecture 22: Option to Expand and Option to Abandon

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: The option to expand The option to expand: Valuing a young, startup company Valuing the expansion option The option to abandon Valuing the option to abandon Implications of investment analysis/valuation Options in capital structure Value of

Valuation Lecture 21: Real Options – The Option to Delay

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: The Black-Scholes Model Choice of Option Pricing Model Options in Projects/Investments/Acquisitions The Option to Delay Valuing a patent The Optimal Time to Exercise Valuing Natural Resource Companies Valuing Undeveloped Reserves The class is currently being taught

Valuation Lecture 20: Private Company Valuation and Real Options

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Illiquidity discount Value of private company sold to publicly traded company Value of private company for IPO Value of private company for venture capital funding Real options The class is currently being taught by Prof. Aswath

CFA Level 1: Long Lived Assets – Part 1

This video by Arif Irfanullah discusses the key aspects of long-lived assets, as a part of the CFA Level 1 syllabus. This video discusses: Capitalize vs Expense Capitalization of Interest Expense Intangible Assets Accounting for Intangible Assets

Valuation Lecture 19: Relative and Private Company Valuation

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Relative valuation Which multiple to use in relative valuation? Relative vs. Intrinsic valuation Peer group vs. Market relative valuation Chossing Between Multiples and Picking One Four Steps to Understanding Multiples Private business valuation No Market Value

Valuation Lecture 18: Finding Comparables

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Techniques for Comparing Across Firms PE, Growth and Risk Small vs. large companies Relative Valuation Across the Entire Market Controlling for differences across companies Marketing regressions Valuation of the week: Danone The class is currently being

Valuation Lecture 17: Analyzing Multiples

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Is low (high) PE cheap (expensive)? PEG Ratio Price to Book Value Ratio EV multiples Finding a “cheap” stock Value of brand name The class is currently being taught by Prof. Aswath Damodaran at the NYU’s