Uploaded March 2025 | Updated September 2026, 1 week ago
I started this class by talking about ways of dealing with uncertainty, ranging from payback to simulations. I also mentioned Edward Tufte’s book on the visual display of information, and you can find it at this link:
amazon.com/Visual-Display-Quantitative-Information/dp/0961392142/ref=sr_1_1?hvadid=241656058541&hvdev=c&hvlocphy=9067609&hvnetw=g&hvqmt=e&hvrand=11533164312248058396&hvtargid=kwd-909679892&hydadcr=3235_10393094&keywords=the+visual+display+of+quantitative&qid=1679504391&sr=8-1
If, like me, you find yourself fascinated by simulations, but your statistics is a little rusty, you can try this paper I have on statistical distributions.
papers.ssrn.com/sol3/papers.cfm?abstract_id=3237778
You don’t have to read the whole paper, just the appendix. I have attached the post class test for today, with the solution. In the final part of the class, we looked at tiat extensions of investment analysis for an investment show for Disney Plus, an iron ore mine for Vale and an acquisitions. The principle of matching cash flows to discount rates cut through all the examples, but the Vale iron ore mine looks at how cash flows vary when looked at through equity investor eyes. I hope that you get a chance to work on the case this weekend, and while I will be on the road in Greece, I will check my emails for any questions that you may have.
Slides: https://pages.stern.nyu.edu/~adamodar/pdfiles/classslidesMar12/cfsession13slides.pdf
Post class test: https://www.stern.nyu.edu/~adamodar/pdfiles/cfovhds/postclass/session13test.pdf
Post class solution: https://www.stern.nyu.edu/~adamodar/pdfiles/cfovhds/postclass/session13soln.pdf
I started this class by talking about ways of dealing with uncertainty, ranging from payback to simulations. I also mentioned Edward Tufte’s book on the visual display of information, and you can find it at this link:
amazon.com/Visual-Display-Quantitative-Information/dp/0961392142/ref=sr_1_1?hvadid=241656058541&hvdev=c&hvlocphy=9067609&hvnetw=g&hvqmt=e&hvrand=11533164312248058396&hvtargid=kwd-909679892&hydadcr=3235_10393094&keywords=the+visual+display+of+quantitative&qid=1679504391&sr=8-1
If, like me, you find yourself fascinated by simulations, but your statistics is a little rusty, you can try this paper I have on statistical distributions.
papers.ssrn.com/sol3/papers.cfm?abstract_id=3237778
You don’t have to read the whole paper, just the appendix. I have attached the post class test for today, with the solution. In the final part of the class, we looked at tiat extensions of investment analysis for an investment show for Disney Plus, an iron ore mine for Vale and an acquisitions. The principle of matching cash flows to discount rates cut through all the examples, but the Vale iron ore mine looks at how cash flows vary when looked at through equity investor eyes. I hope that you get a chance to work on the case this weekend, and while I will be on the road in Greece, I will check my emails for any questions that you may have.
Slides: https://pages.stern.nyu.edu/~adamodar/pdfiles/classslidesMar12/cfsession13slides.pdf
Post class test: https://www.stern.nyu.edu/~adamodar/pdfiles/cfovhds/postclass/session13test.pdf
Post class solution: https://www.stern.nyu.edu/~adamodar/pdfiles/cfovhds/postclass/session13soln.pdf
