The spreadsheet will not always be open when you need to make an investment decision.
A portfolio manager asks what a position will become after adding capital. An investment committee challenges a target IRR. A company misses EBITDA and you need to understand what that means for equity value. A bond spread moves and you need to translate it into actual risk.
In those moments, calculation speed matters. But calculation alone is not enough.
Investment Mental Math is a practical guide to developing the numerical fluency and investment judgment required to think clearly about investments in real time.
Rather than teaching mathematics for its own sake, this book focuses on calculations, shortcuts, mental models, and judgment frameworks that professionals can actually use in investment discussions.
Part I develops practical mental fluency across percentages, fractions, ratios, rapid estimation, compounding, the Rule of 72, capital multiples, MOIC, CAGR, IRR, time value of money, discounting, valuation multiples, yields, enterprise value, equity value, leverage, credit, interest rates, operating economics, ownership, dilution, portfolio mathematics, probability, and expected value.
Part II moves from calculation to investment judgment. It shows how to decompose returns, work backward from target returns, understand the expectations embedded in a price, trace the consequences of changing assumptions, identify numbers that can mislead, and think more clearly about probability and asymmetric outcomes.
Worked examples span private equity, public equities, credit, infrastructure, real estate, and portfolio investing.
Exercises throughout the book progress from calculation to estimation to investment sanity checks, with solutions and reasoning included.
The objective is not to turn investment professionals into human calculators. It is to make the calculation sufficiently automatic that your attention can move to the questions that matter more.
What does this number mean? What could it be hiding? And what should you ask next?
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Grand Eagle Retail, Bensenville, IL, Etats-Unis
Paperback. Etat : new. Paperback. The spreadsheet will not always be open when you need to make an investment decision. A portfolio manager asks what a position will become after adding capital. An investment committee challenges a target IRR. A company misses EBITDA and you need to understand what that means for equity value. A bond spread moves and you need to translate it into actual risk. In those moments, calculation speed matters. But calculation alone is not enough. Investment Mental Math is a practical guide to developing the numerical fluency and investment judgment required to think clearly about investments in real time. Rather than teaching mathematics for its own sake, this book focuses on calculations, shortcuts, mental models, and judgment frameworks that professionals can actually use in investment discussions. Part I develops practical mental fluency across percentages, fractions, ratios, rapid estimation, compounding, the Rule of 72, capital multiples, MOIC, CAGR, IRR, time value of money, discounting, valuation multiples, yields, enterprise value, equity value, leverage, credit, interest rates, operating economics, ownership, dilution, portfolio mathematics, probability, and expected value. Part II moves from calculation to investment judgment. It shows how to decompose returns, work backward from target returns, understand the expectations embedded in a price, trace the consequences of changing assumptions, identify numbers that can mislead, and think more clearly about probability and asymmetric outcomes. Worked examples span private equity, public equities, credit, infrastructure, real estate, and portfolio investing. Exercises throughout the book progress from calculation to estimation to investment sanity checks, with solutions and reasoning included. The objective is not to turn investment professionals into human calculators. It is to make the calculation sufficiently automatic that your attention can move to the questions that matter more. What does this number mean? What could it be hiding? And what should you ask next? This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9798171190873
Quantité disponible : 1 disponible(s)
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur L2-9798171190873
Quantité disponible : Plus de 20 disponibles
Vendeur : California Books, Miami, FL, Etats-Unis
Etat : New. Print on Demand. N° de réf. du vendeur I-9798171190873
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur L2-9798171190873
Quantité disponible : Plus de 20 disponibles
Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Taschenbuch. Etat : Neu. Neuware - The spreadsheet will not always be open when you need to make an investment decision. A portfolio manager asks what a position will become after adding capital. An investment committee challenges a target IRR. A company misses EBITDA and you need to understand what that means for equity value. A bond spread moves and you need to translate it into actual risk. In those moments, calculation speed matters. But calculation alone is not enough. Investment Mental Math is a practical guide to developing the numerical fluency and investment judgment required to think clearly about investments in real time. Rather than teaching mathematics for its own sake, this book focuses on calculations, shortcuts, mental models, and judgment frameworks that professionals can actually use in investment discussions. Part I develops practical mental fluency across percentages, fractions, ratios, rapid estimation, compounding, the Rule of 72, capital multiples, MOIC, CAGR, IRR, time value of money, discounting, valuation multiples, yields, enterprise value, equity value, leverage, credit, interest rates, operating economics, ownership, dilution, portfolio mathematics, probability, and expected value. Part II moves from calculation to investment judgment. It shows how to decompose returns, work backward from target returns, understand the expectations embedded in a price, trace the consequences of changing assumptions, identify numbers that can mislead, and think more clearly about probability and asymmetric outcomes. Worked examples span private equity, public equities, credit, infrastructure, real estate, and portfolio investing. Exercises throughout the book progress from calculation to estimation to investment sanity checks, with solutions and reasoning included. The objective is not to turn investment professionals into human calculators. It is to make the calculation sufficiently automatic that your attention can move to the questions that matter more. What does this number mean What could it be hiding And what should you ask next. N° de réf. du vendeur 9798171190873
Quantité disponible : 2 disponible(s)
Vendeur : CitiRetail, Stevenage, Royaume-Uni
Paperback. Etat : new. Paperback. The spreadsheet will not always be open when you need to make an investment decision. A portfolio manager asks what a position will become after adding capital. An investment committee challenges a target IRR. A company misses EBITDA and you need to understand what that means for equity value. A bond spread moves and you need to translate it into actual risk. In those moments, calculation speed matters. But calculation alone is not enough. Investment Mental Math is a practical guide to developing the numerical fluency and investment judgment required to think clearly about investments in real time. Rather than teaching mathematics for its own sake, this book focuses on calculations, shortcuts, mental models, and judgment frameworks that professionals can actually use in investment discussions. Part I develops practical mental fluency across percentages, fractions, ratios, rapid estimation, compounding, the Rule of 72, capital multiples, MOIC, CAGR, IRR, time value of money, discounting, valuation multiples, yields, enterprise value, equity value, leverage, credit, interest rates, operating economics, ownership, dilution, portfolio mathematics, probability, and expected value. Part II moves from calculation to investment judgment. It shows how to decompose returns, work backward from target returns, understand the expectations embedded in a price, trace the consequences of changing assumptions, identify numbers that can mislead, and think more clearly about probability and asymmetric outcomes. Worked examples span private equity, public equities, credit, infrastructure, real estate, and portfolio investing. Exercises throughout the book progress from calculation to estimation to investment sanity checks, with solutions and reasoning included. The objective is not to turn investment professionals into human calculators. It is to make the calculation sufficiently automatic that your attention can move to the questions that matter more. What does this number mean? What could it be hiding? And what should you ask next? This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9798171190873
Quantité disponible : 1 disponible(s)