FIN 422: Student Managed Investment Fund

Larry Schrenk, Instructor

Schedule and Supplements

Topic Number

Date

Topics

Readings (See Below)

Part I: Introduction

1

(Top)

1/8-1/14

Introduction

Learning Objective: TBA

Slides: Topic 1

 

IV 1, V 1

2

(Top)

1/15-1/21

Risk and Valuation Basics 

Learning Objective: TBA

Slides: Topic 2

MLK Day No Class (1/15)

IP 2, 4, IV 2, V 2 3

    Part II: Investment Philosophies  

3

(Top)

1/22-1/28

Value Investing 

Learning Objective: TBA

Slides: Topic 3

 

IP 8

4

(Top)

1/29-2/4

Growth Investing

Learning Objective: TBA

Slides: Topic 4

 

IP 9, V 7

 5

(Top)

2/5-2/11

Market Timing

Learning Objective: TBA

Slides: Topic 5

 

IP 12 

 6

(Top)

2/12-2/18

Efficient Markets and Indexing

Learning Objective: TBA

Slides: Topic 6

Videos:

 

 IP 13, IV 6, V 5

7

(Top)

2/19-2/25

Choosing an Investment Philosophy 

Learning Objective: TBA

Slides: Topic 7

 

IP 14

   

Part III: Estimating Input Factors

 

8

(Top)

2/26-3/4

Financial Statements  

Learning Objective: TBA

Slides: Topic 8

Exam 1, Monday 2/26 (Topics 1-7)

 

IP 3, IV 3, V 9

Spring Break

9

(Top)

3/12-3/18

Risk Parameters and the Cost of Capital

Learning Objective: TBA

Slides: Topic 9

 

IV 8, V 13

10

(Top)

3/19-3/25

Estimating Growth

Learning Objective: TBA

Slides: Topic 10

IV 11

 11

(Top)

   3/26-4/1

Risk Free Rate and Risk Premia 

Learning Objective: TBA

Slides: Topic 11

 IV 7

12

(Top)

4/2-4/8

Terminal Value

Learning Objective: TBA

Slides: Topic 12

IV 12
   

Part IV: Valuation Techniques

 

13

(Top)

4/9-4/15

Discounted Cash Flow

Learning Objective: TBA

Slides: Topic 13

Spring Break Day No Class (4/15)

IV 13, 14

14

(Top)

4/16-4/22

Relative Valuation and Earnings Multiples 

Learning Objective: TBA

Slides: Topic 14

IV 17, 18, V 16

15

(Top)

4/23-4/27

Relative Valuation and Book Multiples

Learning Objective: TBA

Slides: Topic 15

Materials Due for Foundation Presentation (TBA)

IV 19
    Presentations to the WSU Foundation

   

  Date: TBA

  Report due in D2L: TBA


 

 

 

Final Exam

  Date: 10:30-11:20 AM, Tuesday, May 1st


 

    Abbreviations for Readings:

     IP = Aswath Damodaran. Investment Philosophies: Successful Strategies and the Investors Who Made Them Work. 2nd ed. Wiley, 2012.

     IV = Aswath Damodaran. Investment Valuation: Tools and Techniques for Determining the Value of any Asset. 3rd ed. Wiley, 2012.
 
     V = Tim Koller, Marc Goedhart, and David Wessels. Valuation: Measuring and Managing the Value of Companies. 6th ed. Wiley, 2015.