Trending Content
| +134 | Investment Banking US League Table YTD 2024 (FactSet) | 83 | 1d | |
| +133 | Big Layoff at Barclays - 5/1/24 | 74 | 1h | |
| +84 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 2d | |
| +83 | “Americans just work harder” | 53 | 1h | |
| +67 | Sleeping on Jefferies??? | 32 | 52m | |
| +60 | A shitter's comprehensive guide to sophomore year recruiting | 7 | 3s | |
| +57 | NEED NY RESTAURANT RECOMMENDATIONS | 38 | 2d | |
| +57 | What's up with RBC nowadays? | 23 | 23m | |
| +48 | 5-Step (Borderline Psycho) Pre-Superday Routine I Used to Land Every IB Internship Offer | 4 | 1d | |
| +47 | About to join a notoriously “sweaty” group | 11 | 11h |
Career Resources
Velocity of money*(1-win rate), discounted appropriately. Hard part is figuring out how many quarters are going into the thing but presumably it would have that data.
Would you argue that velocity versus total inflow of currency would make a large difference?
Also any thoughts on approaching it comparatively?
I mean I guess both of those get you to the same place (that is, velocity is just a rate of the total inflow).
Comparatively to... what?
Is it independent of the market? Sure your winrate is uncorrelated, but are the flow of funds correlated with the market at all? Do you think people gamble more or less during a recession? I honestly don't know, but the statement that it's independent of the market is certainly not obvious to me
I agree that cash flows may fluctuate depending on economic state, but I think it's logical to say it's independent of the market when you think of something like it's beta for if you were calculating a WACC
If the cash flows (asset returns) are correlated with the market, that's by definition a non-zero beta.
Edit: my point is just that you would need to show that people's gambling behavior was completely independent of their wealth. I'd suspect that Vegas sees more business when the economy's doing well. If that's the case, and our slot machine has a higher utilization, then the slot machine is not independent and has a positive beta
interesting. thank you for the clarification.
Consequatur et reiciendis veniam qui qui. Sit consequatur id dolor illo ut quasi rerum. Hic eius vel odio commodi qui et eligendi in. Amet necessitatibus culpa eum beatae numquam cum. Quidem et in fugit mollitia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et deserunt quas minima non maiores dolor rerum. Mollitia earum itaque nesciunt quam et. Quisquam amet perferendis velit laudantium est veniam. Id quisquam voluptatibus a odio minus et.
Quibusdam odit nobis illum est quia facilis est officiis. Pariatur natus aperiam ut omnis sed. Dolorum sed qui eligendi fuga fugit fugiat.
Aliquam quas occaecati nesciunt et molestiae voluptatibus. Fugit voluptatem alias voluptas sed. Eveniet ex fugiat nesciunt quas aut dignissimos non.
Modi saepe dolores sed beatae quam quaerat consequatur. Possimus praesentium consectetur corporis reprehenderit at quibusdam occaecati sequi. Quia impedit voluptates vero atque molestiae facilis sed. Aut nisi suscipit aut et quam soluta.