Book: Value – Four Cornerstones of Corporate Finance Author: Tim Koller, Richard Dobbs, Bill Huyett Key takeaways: There’s nothing ground-breaking about this book,…
How Ray Dalio sees the economy
I saw a video by Ray Dalio (www.youtube.com/watch?v=PHe0bXAIuk0) that was making the rounds a few months ago, an thought I’d…
Book Summary: The Art of Learning
Book: The Art of Learning Author: Josh Waitzkin Key takeaways: The author is obviously very accomplished in what he does (chess and…
Paper Summary: High Yield Covenants, Subordination and Related Topics
This paper was prepared by Cahill, Gordon & Reindel LLP for Merrill Lynch. 1. PRINCIPAL COVENANTS Limitations on Additional Debt Beyond the typical…
Book Summary: The Manual of Ideas
Book: The Manual of Ideas Author: John Mihaljevic What Long-Term Investing Is: Long-term investing is when investors believe that the return on the…
One big things I learned this week: April 6th 2014
I learned how to read the executive compensation in the proxy statement (DEF14A filing with the SEC). The “Summary Compensation…
Book Summary: Leveraged Financial Markets
Book: Leveraged Financial Markets Author: William F. Maxwell, Mark R. Shenkman Overview: In 2007, leveraged finance was 8% of total fixed…
Five things I learned this week: February 23rd 2014
10% of all the world’s oil comes from a single well that’s been pumping since before India’s independence in 1947…
Book Summary: Poor Charlie’s Almanack
Book: Poor Charlie’s Almanack Author: Charles T. Munger Key takeaways: Charlie Munger’s is obviously best known for Buffett’s partner at Berkshire,…
Book Summary: A Pragmatist’s Guide to Leveraged Finance
Book: A Pragmatist’s Guide to Leveraged Finance Author: Robert Kricheff Key takeaways: Basics: YTW and YTM are the same for a…
Prasad Capital 