Senior bankers, how do you recover when you notice an error while presenting?
Both small errors like you notice the DCF backup you’re presenting is slightly off from the football field you just walked through and get called out on it.
And large errors that invalidate a large part of the analysis, like doing a presentation on why your client trades like shit vs its industry, which you explain is because of lower growth, which you then realize is because you forgot to pro forma the numbers for a divestiture. (No, I didn’t do this lol)
Immediately cry then shit myself then cry again then shit myself again then down a bottle of whiskey then bitchslap an intern
Modeling doesn't really matter. The best Bankers just ignore and on to the actual stuff that matters vs lookingat a dcf lmao. Nobody gives a chit about a dcf
Every great banker spends 90% of their time on process recommendations, the buyer landscape, industry insights from a banker perspective, bidding or selling strategies, insights gained from all their discussions in the space they have and are privy too etc. Most don't even need pages.
This.
I utilise pages to leave behind with the Client and to show we've considered this.
Unless it's a putch, I don't really flip a book. The pages I use are often on buyers and process and considerations and are used as a reference.
Nobody senior chats modelling assumptions unless they are so far wrong as to be uncredible.
I check the book front to back before it's handed to the client. If there's errors in print on non essential pages I've ripped them out and binned them. Then follow up with the corrected full book after (with my follow up messaging).
Good bankers dont need any hardo analyses. If your MD asks for a bunch of merger scenarios look for another job cause they probably a nerd who clients make fun of right after their nerdo pitch
Dolorum incidunt corrupti dolorem molestiae quasi consequatur. Ab voluptatem ut officia et numquam deserunt molestiae. Sint aut et repudiandae non assumenda nobis necessitatibus. Omnis provident et provident et nobis. Ullam est consequatur deleniti qui vel et.
Unde et ut est facere ut. Repellat nisi odit earum saepe dolorem. Doloribus unde magnam aut iste. Sit autem qui quisquam ipsam.
Consequatur in corrupti et esse. Consequatur harum aut rerum. Consequatur iure impedit vitae corporis ut recusandae occaecati.
Ipsam et tenetur ea nesciunt omnis consequuntur et. Expedita sed quo minus culpa qui eligendi.
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...