DCF Myth 2: A DCF is an exercise in modeling and number crunching!

Most people don't trust DCF valuations, and with good reason. Analysts find ways to hide their bias in their inputs and use complexity t...

Decoding Currency Risk: Pictures of Global Risk - Part IV

In my last three posts, I have looked at country risk, starting with measures of that risk and then moving on to valuing and pricing that...

Pricing Country Risk - Pictures of Global Risk - Part III

In my last two posts, I looked at country risk, starting with an examination of measures of country risk in this one and how to inc...

Valuing Country Risk: Pictures of Global Risk - Part II

In my last post, I looked at the determinants of country risk and attempts to measure that risk, by risk measurement services, ratings agenc...