I got a relief when you smile at the end of the video😅
@johanneszwilling8 күн бұрын
👏🏼👏🏼👏🏼😃 Finally,...more stuff!! 😂 Afzal who?? 😘
@olivier35168 күн бұрын
I didn't get the part when Adler links the P/E error to a change in IRR ?
@Mani6TheMan98 күн бұрын
I'm assuming they were projecting exit PE ratios, so a 15% lower one would drastically bring down IRR.
@olivier35167 күн бұрын
@@Mani6TheMan9but P/E is just a multiple indicator, whereas IRR is used for capital budgeting… it’s two different concepts imo
@Mani6TheMan96 күн бұрын
@@olivier3516 I think if you use forward PE multiples for your sector or comparables, you can estimate an exit ratio that would imply a certain valuation, and hence affect the IRR. Obviously won’t be the only way you’d model your exit, but could be one of the different methods used.