15.493 Practice of Finance: Perspectives on Invest. Mgmt (H2)
Spring 2015
Instructor: Jeffrey L Shames
TA: Yao Zhao
Lecture: 4:00-7:00 (E51-335)
Information:
Announcements
Last announcement
Hi, all. The 2nd company analysis has been returned to your folder. Please come to check my folder(marked as "Kevin Zhao", MBA program) given that some of you do not have folders.If you want to get comments from 2nd Buffett reading or the final report, please let Mr. Jeff Shames know.
It has been a great half-semester experience with you all. Let me know if you want to discuss about stock investing and other finance related topics in the future. Feel free to reach me at shining182@gmail.com. Best of luck to you all.
Announced on 21 May 2015 11:30 a.m. by Yao Zhao
Homework submission schedule
Hi, all. Can't believe the class will be finished in 2 weeks. In order for everyone to earn the credits for this class, every students needs to submit two 2-page papers on company analysis, two 1-page paper on Buffet reading and one 10-page final report. For those who missed the first class, a third 2-page company analysis is required.Given that the final report is due on last class (May 13), please make sure you submit all other deliverables on May 6 to keep on track of the syllabus.
Have a great weekend.
Announced on 02 May 2015 5:27 p.m. by Yao Zhao
Priceline reading homework
Announced on 30 April 2015 10:12 a.m. by Jeffrey L Shames
Final Paper
Here are Eight stocks you can choose from for your final paper. I added 3D Systems and removed Qualcomm:
Tencent, China Mobile,
Apple, Facebook,
Garmin,
Coach, Biogen
Idec, 3D Systems
Suggestions for what the paper should include:
• 1 page describing the company, interesting facts about the
company, the company's competitors broadly defined and then the
3-4 key competitors.
• 1-2 pages on the company's 3 or more competitive strengths,
their 3 or more competitive weaknesses and explain why for each
one.
• 1-2 pages of what you think will be the 1-2 key issues that will
determine the near term and long term stock price (they could be
different for each time frame).
• 1-2 pages creating an estimated Income Statement for 2014-2016
(the next 3 years).
• 1-2 pages- examine the income statement, cash flow statement, and
balance sheet- explain one or two interesting financial details for
each statement that is relevant in analyzing the stock and why. (it
could be a ratio, a percentage, an absolute number, or some
footnote, etc)
• 1-2 pages- use two different valuation metrics that you think are
appropriate for the company and explain why they are appropriate.
Then determine if the stock is a BUY or SELL and explain why you
made that decision.
These are just suggestions. Feel free to include any additional material that you think would be valuable. You are on your own for this assignment. We will not be posting any Wall Street Reports for the assignment. Look forward to your papers.
Announced on 29 April 2015 10:51 p.m. by Jeffrey L Shames
Summary of deliverables for 15.493
Second 2-page company analysis: you can choose to write about Priceline given that it's not discussed yet. If you have not written the first 2-page, you can choose one from the 8 companies we have for the final paper. It's due next Wedn before class.
Final paper: please write a 10-page paper about one of the 8
companies below. It's due on May 13.
Apple/Facebook/Biogen/Tencent/China Mobile/Coach
Garmin/3D Systems
Let me know if you have any questions.
Announced on 29 April 2015 4:36 p.m. by Jeffrey L Shames