by Shomesh Chaudhuri | May 29, 2022
Overview Cash Flows, NPV, and IRR Maximizing Shareholder Wealth NPV Rule & Cash Flows Cash Flows vs. Accounting Earnings Practical Considerations Alternatives to NPV Internal Rate of Return Genentech and Herceptin Funding Example Genentech Herceptin Forecasting...
by Shomesh Chaudhuri | May 28, 2022
Overview Market Efficiency, the Wisdom of Crowds, and the Madness of Mobs Fundamental Challenges of Finance What is an Asset? The Wisdom of Crowds The Importance of Transparency The Madness of Mobs The Time Value of Money and Drug Pricing Examples The Present Value...