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Telstra and the National Broadband Network
IF you believe mainstream media, Sol Trujillo is the most unpopular man in Australia and Telstra is the most unpopular company [full disclosure: I am the beneficiary of a Telstra shareholding]. I don’t think I’ve ever forgiven Telstra for its monopolistic behaviour back when it was Telecom and I didn’t have a choice of carriers.…
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Calculate the Beta Coefficient of a stock
As part of the Corporate Finance subject of my MBA we have to calculate the beta coefficient (aka Beta) of a company’s share price. The is applied economics and market mathematics, but it simply is a number which indicates how closely (or not) a company’s share price moves in relation to a broader market (or…
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Warren Buffet: Buy American. I Am.
As part of my Corporate Finance class, Warren Buffet and Berkshire Hathaway came up. Nobody had checked its stock price recently so I volunteered to do it. In doing so I came across the following op-ed piece Warren Buffet wrote in the New York Times. For the record BERKSHIRE HATH HLD A (NYSE: BRK-A) closed…
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How to value a business startup
I met Richard Hayes at the Sydney OpenCoffee Meetup and he’s written an excellent article that he’s allowed me to reproduce below. All people working in the Startup / Early Stage consistently asked the same question, “How do you value business?” The correct answer is there is no correct answer Without trying to be facetious…