Philip English's Videos

Applying the Loanable Funds Framework

Total Running Time: 09:20

Loanable Funds, loanable funds framework, supply and demand curve

Applying the Loanable Funds Framework

Applying the Method of Comparables

Total Running Time: 03:31

Method of comparables, Terminal or horizon value

Applying the Method of Comparables

Beta Estimation

Total Running Time: 04:09

Estimating beta, Private company beta, Public company beta

Beta Estimation

Bond Valuation

Total Running Time: 09:17

Bond Values, bonds

Bond Valuation

Bond Valuation: Market Prices

Total Running Time: 09:19

bond valuation, Bond Values, bonds, Market Prices

Bond Valuation: Market Prices

Bonds

Total Running Time: 14:54

Bond Values, bonds, securities, Valuation

Bonds

Capital Budgeting Alternative Criteria

Total Running Time: 03:00

claims valuation, economic profit, Residual Income (RI)

Capital Budgeting Alternative Criteria

Capital Budgeting Decisions

Total Running Time: 07:49

Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR), Net Present Value (NPV), Payback Period (PBP)

Capital Budgeting Decisions

Capital Budgeting: A Practical Approach

Total Running Time: 07:24

cash flow, incremental cash flows, opportunity cost, sunk cost

Capital Budgeting: A Practical Approach

Cash Flow Projections

Total Running Time: 10:56

incremental cash flow, inflation, simulation analysis

Cash Flow Projections

Categorizing Financial Markets by Maturity and Instrument Type

Total Running Time: 05:46

capital markets, equity, financial markets, maturity instruments, money markets

Categorizing Financial Markets by Maturity and Instrument Type

Categorizing Financial Markets by Organization

Total Running Time: 05:53

exchanges, financial markets, foreign exchange markets, foreign markets, over the counter market, spot market

Categorizing Financial Markets by Organization

Categorizing Financial Markets by Participants

Total Running Time: 06:24

financial markets, Investments, primary markets, secondary markets

Categorizing Financial Markets by Participants

Choosing a Discount Rate

Total Running Time: 01:08

Expected return, holding period returns, Internal Rate of Return (IRR), Realized return

Choosing a Discount Rate

Classifying M&A Activity

Total Running Time: 05:21

acquisition, horizontal integration, hostile takover, merger, Vertical Integration

Classifying M&A Activity

Commercial Bank BS

Total Running Time: 05:45

Balance Sheet (BS), commercial bank

Commercial Bank BS

Commercial Bank Regulatory Goals

Total Running Time: 05:48

commercial bank, regulation

Commercial Bank Regulatory Goals

Commercial Banking Risks & Regulations

Total Running Time: 08:20

banking, regulation, risk

Commercial Banking Risks & Regulations

Commercial Banks

Total Running Time: 06:03

banking

Commercial Banks

Commercial Banks CAMELS

Total Running Time: 05:07

commercial banks, income statement

Commercial Banks CAMELS

Commercial Banks IS

Total Running Time: 02:44

net interest, performance

Commercial Banks IS

Common Pitfalls in Capital Budgeting

Total Running Time: 02:54

budgeting pitfalls, Overhead, sunk costs

Common Pitfalls in Capital Budgeting

Constructing an NPV Profile

Total Running Time: 07:16

IRR ranking problem, NPV profile

Constructing an NPV Profile

Corporate Bonds

Total Running Time: 08:58

Bond Market, bonds, corporate bonds

Corporate Bonds

Corporate Bonds: Credit Risk

Total Running Time: 08:13

bond ratings, bonds, corporate bonds, credit risk

Corporate Bonds: Credit Risk

Corporate Governance

Total Running Time: 04:39

corporate governance, ownership

Corporate Governance

Corporate Governance: Board of Directors

Total Running Time: 05:06

board of directors, conflict of interest, corporate governance

Corporate Governance: Board of Directors

Corporate Governance: Business Forms

Total Running Time: 07:26

partnership, shareholder conflicts, Sole Proprietorship

Corporate Governance: Business Forms

Corporate Valuation

Total Running Time: 05:49

Corporate Valuation

Cost of Capital

Total Running Time: 07:36

price to sale valuation, price-to-sales, transaction valuation, Weighted Average Cost of Capital (WACC)

Cost of Capital

Credit Unions

Total Running Time: 02:23

Credit, credit union, depository institutions

Credit Unions

Discounted Dividend Model: Cash Flow Patterns

Total Running Time: 08:12

Discounted Cash Flow (DCF), Dividend Discount Model (DDM), H-model

Discounted Dividend Model: Cash Flow Patterns

Discounted Dividend Model: The Gordon Growth Model

Total Running Time: 10:58

Gordon Growth Model, Implied growth rate, Justified PE

Discounted Dividend Model: The Gordon Growth Model

Discounted Dividend: Model Selection

Total Running Time: 06:26

Discounted Cash Flow (DCF), Dividend Discount Model (DDM), Free Cash Flow (FCF), Residual Income (RI)

Discounted Dividend: Model Selection

Earnings and Market Multiples

Total Running Time: 02:04

Earnings Per Share (EPS), Earnings yield, Underlying earnings

Earnings and Market Multiples

Equities Overview

Total Running Time: 04:45

cash dividends, Common Stock, Preferred Stock

Equities Overview

Equity Risk Premium

Total Running Time: 04:17

equity risk premium

Equity Risk Premium

Equity Trading

Total Running Time: 03:23

stock market, trade

Equity Trading

Equity Valuation

Total Running Time: 06:46

Equity Valuation

Estimating Project Beta

Total Running Time: 05:59

hamada beta, levered beta, unlevered beta

Estimating Project Beta

Estimating the Required Return on Equity

Total Running Time: 02:50

Bond yield plus risk premium, Capital Asset Pricing Model (CAPM), Fama-French

Estimating the Required Return on Equity

Fed Structure

Total Running Time: 11:52

Federal Reserve System, monetary policy

Fed Structure

Federal Reserve Open Market Operations

Total Running Time: 07:17

Federal Reserve System, monetary policy, open market operations

Federal Reserve Open Market Operations

Finance Companies

Total Running Time: 03:25

Asset, credit union, finance company, liabilities

Finance Companies

Financial Institutions

Total Running Time: 02:55

economic functions, Financial Institutions, Financial Institutions and Markets, financial markets

Financial Institutions

Financial Institutions and the Economy

Total Running Time: 06:05

economic functions, economic risks, economy, Financial Institutions

Financial Institutions and the Economy

Financial Institutions by Role

Total Running Time: 06:59

Bondholders, Financial Institutions, financial rewards, Financial Risks

Financial Institutions by Role

Financial Market Regulation

Total Running Time: 03:26

Financial Institutions, regulations, regulatory dialectic

Financial Market Regulation

Financial Markets and Institutions Overview

Total Running Time: 04:58

finance, Financial Institutions, financial markets

Financial Markets and Institutions Overview

Financial Statement Analysis (FSA)

Total Running Time: 06:34

common size balance sheet, common size income statement

Financial Statement Analysis (FSA)

Fixed Income: Capital Markets Overview

Total Running Time: 04:49

bond markets, bonds, capital markets

Fixed Income: Capital Markets Overview

Free Cash Flow Estimations

Total Running Time: 07:50

Free Cash Flow to Equity (FCFE), Free Cash Flow to the Firm (FCFF)

Free Cash Flow Estimations

Free Cash Flow Example

Total Running Time: 04:53

Free Cash Flow to Equity (FCFE), Free Cash Flow to the Firm (FCFF)

Free Cash Flow Example

Free Cash Flow Valuation

Total Running Time: 06:24

Free Cash Flow to Equity (FCFE), Free Cash Flow to the Firm (FCFF)

Free Cash Flow Valuation

Free Cash Flow vs DDM

Total Running Time: 02:33

Free Cash Flow to Equity (FCFE), Free Cash Flow to the Firm (FCFF)

Free Cash Flow vs DDM

FSA DuPont Analysis

Total Running Time: 06:55

DuPont Analysis

FSA DuPont Analysis

FSA Pro Forma Construction

Total Running Time: 09:04

forecasting, Pro Forma Balance Sheet, Pro Forma Income statement

FSA Pro Forma Construction

FSA Ratio Analysis

Total Running Time: 10:58

liquidity, Operating efficiency, profitability, solvency

FSA Ratio Analysis

Going Concern Value

Total Running Time: 01:51

Going Concern Value

Hedge Funds

Total Running Time: 03:13

hedge, hedge funds, investors

Hedge Funds

Insurance Annuities

Total Running Time: 05:22

insurance annuities, investment, policies

Insurance Annuities

Insurance Companies Overview

Total Running Time: 05:39

insurance companies, regulation

Insurance Companies Overview

Interest Rate Composition

Total Running Time: 06:32

decomposition, interest rates, returns composition, securities

Interest Rate Composition

Interest Rate Risk and Bond Value

Total Running Time: 03:59

bonds, interest rates, maturity

Interest Rate Risk and Bond Value

Introduction to Equity Valuation Using DCF

Total Running Time: 06:54

equity, equity value

Introduction to Equity Valuation Using DCF

Investing in Mutual Funds

Total Running Time: 06:03

fcc, mutual funds, prospectus

Investing in Mutual Funds

Investment Banking Firms

Total Running Time: 03:13

firms, investment, securities

Investment Banking Firms

Life Insurance

Total Running Time: 03:37

insurance, insurance companies, life insurance

Life Insurance

Loanable Funds and Equilibrium Interest Rates

Total Running Time: 01:45

interest rates, Loanable Funds, supply and demand curve

Loanable Funds and Equilibrium Interest Rates

M&A and the Industry Life Cycle

Total Running Time: 04:58

M&A wave, merger motivation

M&A and the Industry Life Cycle

M&A Measuring Industry Concentraion

Total Running Time: 02:42

Anti-Trust, Herfindahl Index, monopoly

M&A Measuring Industry Concentraion

M&A Valuation Applying Comparable Transactions

Total Running Time: 04:29

M&A Valuation Applying Comparable Transactions

M&A Activity: Regulation and Responses

Total Running Time: 05:21

defense, m&a regulation, takeover

M&A Activity: Regulation and Responses

M&A Analysis Overview

Total Running Time: 05:40

comparable company analysis, comparable transaction analysis, free cashflow

M&A Analysis Overview

M&A Empirical Evidence

Total Running Time: 05:03

bid evaluation, Divestiture, synergies

M&A Empirical Evidence

M&A Valuation: Comparable Companies Analysis

Total Running Time: 06:16

Comp valuation, P E valuation, price earning ratio

M&A Valuation: Comparable Companies Analysis

M&A Valuation: DCF and Free-Cash Flow

Total Running Time: 09:21

Discounted Cash Flow (DCF), Free Cash Flow (FCF), H-model

M&A Valuation: DCF and Free-Cash Flow

Marginal Cost of Capital Schedules

Total Running Time: 03:53

investment opportunity scedule ios, MCC

Marginal Cost of Capital Schedules

Market Approaches to Valuing Private Companies

Total Running Time: 05:24

Guideline public company method, Guideline transactions method, Prior transaction method

Market Approaches to Valuing Private Companies

Market Efficiency

Total Running Time: 03:36

market efficiency, stock market

Market Efficiency

Market-based Valuation Multiples

Total Running Time: 02:37

Justified price multiple, Market multiples, Valuation indictors

Market-based Valuation Multiples

Measuring Interest Rate Risk

Total Running Time: 07:41

bonds, Duration, interest rates

Measuring Interest Rate Risk

Mergers and Acquisitions Overview

Total Running Time: 06:13

intergration, internalization, merger premium

Mergers and Acquisitions Overview

Modern Mortgage Markets

Total Running Time: 07:40

Mortgage, mortgage markets

Modern Mortgage Markets

Momentum Indicators

Total Running Time: 02:29

Earnings surprise, Momentum

Momentum Indicators

Monetary Policy

Total Running Time: 03:41

interest rates, monetary policy

Monetary Policy

Monetary Policy Effectiveness

Total Running Time: 02:45

monetary policy, money supply

Monetary Policy Effectiveness

Money Market Instruments Overview

Total Running Time: 03:31

equity securities, money markets

Money Market Instruments Overview

Money Market Yields

Total Running Time: 09:55

money market, money markets, yield, Yields

Money Market Yields

Mortgage Calculations

Total Running Time: 16:29

Mortgage, mortgage markets

Mortgage Calculations

Mortgage Characteristics

Total Running Time: 07:26

amortization, Loans, Mortgage

Mortgage Characteristics

Mortgage Markets

Total Running Time: 03:53

Mortgage, mortgage markets, securities

Mortgage Markets

Municipal Bonds

Total Running Time: 02:59

bonds, municipal bonds

Municipal Bonds

Mutual Funds

Total Running Time: 05:29

money market, mutual funds, regulation

Mutual Funds

Mutual Funds and Hedge Funds

Total Running Time: 01:34

hedge funds, investment companies, mutual funds

Mutual Funds and Hedge Funds

Normalized Earnings

Total Running Time: 03:52

normalized earnings

Normalized Earnings

Price Multiples

Total Running Time: 11:00

Dividend Yield, Price earning ratios, Price to book, Price to cash flow, price-to-sales

Price Multiples

Private Company Required Rate of Return

Total Running Time: 05:08

Build-up approach, Capital Asset Pricing Model (CAPM)

Private Company Required Rate of Return

Private Company Valuation

Total Running Time: 04:58

Equity capital valuation, Private company valuation, Total capital valuation, Valuation standards

Private Company Valuation

Property and Casualty

Total Running Time: 03:01

insurance, property

Property and Casualty

Rates of Return

Total Running Time: 04:20

bonds, interest rates, Rate of Return

Rates of Return

Regulating Investment Intermediation

Total Running Time: 02:04

finra, investment banks, Investments, regulation, Sarbanes-Oxley Act

Regulating Investment Intermediation

Residual Income Valuation

Total Running Time: 07:19

EVA or economic value added, Justified P/B or PB, Justified Price-to-Book, Market value added, Residual Income (RI)

Residual Income Valuation

Residual Income vs Other DCF Models

Total Running Time: 03:02

Clean Surplus, Dividend Discount Model (DDM), Free Cash Flow (FCF), Horizon value, Residual Income (RI)

Residual Income vs Other DCF Models

Return Concepts

Total Running Time: 06:08

Expected return, holding period returns, Internal Rate of Return (IRR), Realized return

Return Concepts

Saving Institutions

Total Running Time: 02:36

assets, liabilities, savings

Saving Institutions

Securities Firms and Investment Banks

Total Running Time: 01:58

firms, investment banks, securities

Securities Firms and Investment Banks

Standards of Value

Total Running Time: 03:04

Standards of Value

Standards of Value

Stock Returns

Total Running Time: 02:04

Common Stock, stocks

Stock Returns

Stock Returns and Markets

Total Running Time: 04:39

Stock, stock market

Stock Returns and Markets

Supply and Demand of Loanable Funds

Total Running Time: 05:33

equilibrium, Loanable Funds, loanable funds framework

Supply and Demand of Loanable Funds

Sustainable Growth Rates

Total Running Time: 03:24

Return on Equity (ROE), Sustainable growth rate

Sustainable Growth Rates

The Fed, The Money Supply, and Interest Rates

Total Running Time: 06:54

Federal Reserve System, interest rates, money supply

The Fed, The Money Supply, and Interest Rates

The Income Approach

Total Running Time: 02:59

Capitalized cash flow method, Excess earnings method, Free Cash Flow (FCF), Income approach

The Income Approach

The Instruments

Total Running Time: 05:20

equity securities, money markets

The Instruments

The Loanable Funds Framework

Total Running Time: 02:28

interest rates, loanable funds framework, Loans

The Loanable Funds Framework

The Method of Comparables

Total Running Time: 05:16

Forecasted fundamentals, Justified price multiple, Method of comparables

The Method of Comparables

The Term Structure of Interest Rates

Total Running Time: 06:45

interest rates, unbiased expectations theory

The Term Structure of Interest Rates

Treasury Securities

Total Running Time: 06:12

bonds, t-bonds, treasury bonds

Treasury Securities

Valuing Preferred Stock

Total Running Time: 01:29

Preferred Stock

Valuing Preferred Stock

WACC Example

Total Running Time: 06:13

Cost of Debt, Cost of Equity, marginal cost of capital, Weighted Average Cost of Capital (WACC)

WACC Example

When To Use Residual Income Valuation

Total Running Time: 02:37

Clean Surplus, fair value, Residual Income (RI)

When To Use Residual Income Valuation

Where do Interest rates come from?

Total Running Time: 09:53

equilibrium interest rates, interest rates, nominal and real interest rates

Where do Interest rates come from?