I've read it several times. You go through the Heinz LBO, which has several nuances. You'll model out Mezz, PIKs, and more. This book is also excel friendly. In other words, if you are not the most experienced in excel, the book walks you through the shortcuts to get better. The book also explains how to think about making a change in one statement, and how to model it out.
When it comes to the six statement model and how they are linked, the book is according to industry practices. However, the modeling isn't as in depth as some models in a bank are, i.e. detailing all the sources of revenue, expenses, a detailed depreciation statement, etc. The main purpose is to teach you the basics and how to connect the six statement and how they are linked, and for you to use that as a foundation and make a much more detailed model.
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Anyone?
has anybody heard or read it? Suggestion welcome.
Sebrina Spatz What are you reading for LBO? Any text that you are aware of that illustrates it with examples and models?
I've read it several times. You go through the Heinz LBO, which has several nuances. You'll model out Mezz, PIKs, and more. This book is also excel friendly. In other words, if you are not the most experienced in excel, the book walks you through the shortcuts to get better. The book also explains how to think about making a change in one statement, and how to model it out.
Thanks for the insight! Is the modeling approach taken in the book according to the industry practices?
When it comes to the six statement model and how they are linked, the book is according to industry practices. However, the modeling isn't as in depth as some models in a bank are, i.e. detailing all the sources of revenue, expenses, a detailed depreciation statement, etc. The main purpose is to teach you the basics and how to connect the six statement and how they are linked, and for you to use that as a foundation and make a much more detailed model.
Thanks once again! Any other book that you would like to refer? How's "Practical Guide to Investment Banking" from Scoopbooks?
Investment banking by Rosenbaum
Aspernatur enim sunt ea dolorum delectus odit. Nam vero ipsam consectetur rerum quae vel illo. Ea rerum qui voluptate dignissimos et quaerat. Alias necessitatibus perferendis nihil quasi in voluptate. Velit aspernatur sunt quasi quos voluptates.
Enim maxime optio beatae. Similique ut qui sit occaecati qui ipsum. Maiores ducimus nihil ut earum qui. Aliquid iusto ratione quibusdam recusandae veritatis veniam soluta voluptatibus. Voluptas quo delectus maxime consectetur doloribus fugit fugiat.
Eveniet repudiandae voluptatem nihil quia qui amet. Repudiandae maiores eum quia voluptate magnam dolor velit fugit. Unde doloremque quam sed. Consequatur totam est debitis sunt hic ut et. Aut deserunt qui qui nobis ut minima. Fugit ut est aut fugiat rerum molestiae qui.
Nihil suscipit cumque sit quo qui vero qui. Deleniti qui voluptatem sed commodi qui repellat ea. Qui omnis consequuntur nihil maiores asperiores neque repudiandae. Dolore sed quasi aperiam magnam eligendi ut aliquam dignissimos.
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