Saturday, March 28, 2009
Saturday, March 7, 2009
See from his web site that his distribution deal with ABC will end by 3/31/2009. The best oldies from the 60s and 70s since the early 1980s every Saturday night from 6pm to midnight.
What a shame. Thanks to 93.3 KIOA Des Moines for many great evenings via Internet radio.
Let's hope Dick gets or finds a new deal. He is a national treasure. In the 80's his radio show was THE Saturday night party sound track. NO ONE gets the music of the 60s and 70s like him.
Thanks Dick for so may great memories.
Wednesday, March 4, 2009
In class today my students and I explored the world of FCF (Free Cash Flow) models. It was fun to see them come to the realization that the HV i.e. TV (Horizon Value aka Terminal Value aka Continuing Value) is essentially based upon the Gordon Growth Model where value of equity = (expected dividend/price of stock) + estimated growth.
Is a company simply an ATM machine?
Sunday, March 1, 2009
What if we had a depression and nobody came? The psychology of this situation is fascinating. It seems that the stress test for troubled banks is too optimistic. Seems economic conditions are worse than perceived.
Here is a nice article at NYT Online