The Vampire Squid

The Vampire Squid

United States

Transparent Finance

Episodes

TVS 029 – Jesse Felder Hedge Fund Part II  

Welcome back everyone and to Part II of the hedge fund episode with Jesse Felder! I recently did some very exciting interviews as well that I can’t wait to share with everyone shortly

TVS 028 – Jesse Felder Hedge Fund Interview Part I  

Hope everyone had a great Thanksgiving! Today, we have brought on Jesse Felder, who is the author of The Felder Report, that educates and informs individual investors about the issues most important to success in the financial markets. Jesse used to work at Bear Stearns and then broke off to help start his own hedge fund. […]

The post TVS 028 – Jesse Felder Hedge Fund Interview Part I appeared first on The Vampire Squid | Transparent Finance.

TVS 027 – Employee Stock Options  

This week’s episode will be on early stage employee stock options, an episode very critical for anyone interested in joining an early stage company that offers them stock options. We talk about the valuation, tax liability, and questions to ask about the company to make sure you are getting the best compensation package possible. I […]

The post TVS 027 – Employee Stock Options appeared first on The Vampire Squid | Transparent Finance.

TVS 026 – Shark Tank  

Today’s episode is on one of my favorite TV shows, Shark Tank which is about entrepreneurs pitching the “Sharks” which include the likes of Mark Cuban, Daymond John, and Chris Sacca. We will go over the most common types of investments that are made on Shark Tank, the pros and cons of different investment structures, and […]

The post TVS 026 – Shark Tank appeared first on The Vampire Squid | Transparent Finance.

TVS 025 – Activist Investing  

Today’s episode is on Activist Investing, something that has become quite prolific over the last decade with the induction of the internet, media, and smartphones. Activist investing is contrary to passive investing, which we discussed at length previous episodes. I hope you find this episode both informational and entertaining! Difference between Passive vs. Active Investors […]

The post TVS 025 – Activist Investing appeared first on The Vampire Squid | Transparent Finance.

TVS 024 – Trading Options with Kirk Du Plessis (Part II)  

Happy early Halloween! Part II of the Trading Options episode with Kirk Du Plessis. This episode covers a lot of great information on questions that I had for trading options and Kirk’s entrepreneurial spirit for starting his own company, Optionalpha.com, after working on wall street. Please enjoy! What happens if you forget about your options, and […]

The post TVS 024 – Trading Options with Kirk Du Plessis (Part II) appeared first on The Vampire Squid | Transparent Finance.

TVS 023 – Trading Options with Kirk Du Plessis (Part I)  

Today’s episode we dive deeper into trading options with Kirk Du Plessis, who is the founder of Optionalpha.com, an educational option trading site. This episode and Part II are packed with great nuggets of information on how to trade options, calculating success of trades, and even Kirk’s entrepreneurial spirit in quitting banking and starting his own […]

The post TVS 023 – Trading Options with Kirk Du Plessis (Part I) appeared first on The Vampire Squid | Transparent Finance.

TVS 022 – Managing Stress and Positive Attitude  

Hey everyone! Just got back from California so apologies for the late post. Today, we are going to be talking about a very important subject, managing stress and maintaining a positive attitude. I know that in my career as well as in school, I have had to deal with stressful situations, and felt that this […]

The post TVS 022 – Managing Stress and Positive Attitude appeared first on The Vampire Squid | Transparent Finance.

TVS 021 – Venture Capital with Charlie O’Donnell Part II  

In Part II of the Venture Capital Overview with Charlie O’Donnell, we continue our conversation about VC, entrepreneurship, and more! Please see note details below, and hope that you enjoy

TVS 020 – Venture Capital with Charlie O’Donnell Part I  

For the 20th episode of The Vampire Squid, we had to bring on a very special guest. Please welcome Charlie O’Donnell! Charlie is the founder of Brooklyn Bridge Ventures, the first analyst at Union Square Ventures, writer of one of the most popular VC blogs This is Going to be Big, and I could go […]

The post TVS 020 – Venture Capital with Charlie O’Donnell Part I appeared first on The Vampire Squid | Transparent Finance.

TVS 019 – Investment Checklist  

Disclaimer: “Today’s episode does not condone or promote the trading of any single stock equities. The content in today’s episode are for educational purposes only and I am speaking on behalf of myself without further representation.” Andre Agassi “Open” – http://cpor.org/ri/Agassi-Open-An-Autobiography.pdf Investment Checklist – http://mebfaber.com/2011/01/20/hedge-fund-analyst-checklist/ Two pronged thought process for investing in Stock Is this a fundamentally good […]

TVS 018 – Intro to Options Trading  

Welcome back to another episode of The Vampire Squid! Today, we’re going to be talking about trading options. For compliance reasons, please note that “Today’s episode does not condone or promote the trading of any single stock equities. The content in today’s episode are for educational purposes only and I am speaking on behalf of […]

TVS 017 – Banking vs. Consulting  

Welcome to episode 17 of The Vampire Squid! Today, we will be talking about Banking vs. Consulting since I've been getting a lot of emails asking me about the differences between the two as well as my decision to pursue banking over consulting. Also, if you guys are interested in helping support The Vampire Squid, please check out my Patreon page here! https://www.patreon.com/thevampiresquid Recruiting Recruiting for both banking and consulting How to make a decision between the two industries Going to the best firm that you can possibly get into regardless of banking or consulting Lifestyle Work hours differences Traveling differences Getting Business school paid for and the caveat that you should know!! Work Tools used in both banking and consulting Differences in financial modeling and operational analysis Exit Opportunities Fortune 500 companies Startups Private Equity Firms Starting your own business My decision between banking vs. consulting Upcoming episodes (venture capital) stay tuned :) As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1. To support us check us out at Patreon https://www.patreon.com/thevampiresquid

TVS 016 – Leveraged Buy Outs  

Hope everyone had a great labor day weekend! Today we are going to be talking about Leveraged Buy Outs, another form of valuation and modeling. As promised, please see a link to the actual model of an LBO, and a more detailed explanation in case you are interested. LBO Model LBO Detailed Overview LBO Drivers Purchase Price Debt Quantum Interest Rate Synergies Exit Price Dividend Recap  Walk through of an LBO Types of companies that are good LBO Candidates High Cash Flow Generating Stable and predictable business Companies where you can cut costs Low CapEx business How buying a home is similar to an LBO transaction As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 015 – New York vs. San Francisco  

New York vs. San Francisco! Two of my favorite cities that I have ever lived in. In this episode, we will dive deep into the major differences between New York and San Francisco from a career perspective and a lifestyle perspective. Overall, I would say please don't be nervous to move to a new city if you have a great opportunity to do so. It will be difficult at first but it will force you to step outside of your comfort zone but you will quickly adapt and make new friends and get to enjoy a completely new city! Career San Francisco vs. New York Technology Proximity to Silicon Valley Range of products from IPOs, Private placements, M&A, Financing Exit Opportunities Lifestyle Weather Bar and Clubs Weekend trips Food Scene Pace of both cities As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 014 – Comparable Companies Analysis  

Today's episode will cover another one of the most common valuation techniques, Comparable Companies Analysis, which is an extrinsic form of valuation that people use for companies. Hope that you enjoy the episode and takeaway understanding how this method is used! Extrinsic Valuation Ratios Common Comps Multiples EV / Revenue EV / EBITDA Price / Earnings Drivers and lever that go into Comps If two companies are identical in terms of size, industry, technology, etc. but one grows quicker than the other, which company would you be more willing to pay for? Why are comparable companies analysis useful? Valuing private companies - Snapchat Determining valuation in an M&A situation Things to be careful about when performing this analysis Picking the right set of comparable companies Using the right multiples i.e. EV / Rev vs. Price / Earnings Pros and Cons of this type of analysis How can this be applied to everyday life? As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 013 – Discounted Cash Flow Analysis  

Welcome to the first valuation episode! Today we will talk about Discounted Cash Flow (DCF) analysis, one of the most common types of valuation that people in finance use. As promised, please see attached links to an actual DCF model, in addition to more of the granularity of the formula in case you are interested. DCF Model - http://macabacus.com/valuation/dcf/overview Detailed DCF explanation - http://www.investopedia.com/university/dcf/ Intrinsic Valuation of a company What is the time value of money? Would you rather have $1 today or $1 a year from now? Projecting out your cash flows What do you do for your terminal value? Perpetuity Growth Method Exit Multiples Why do you have to use a discount rate? What's an easy to understand example? Cons of a DCF Valuation Assumptions Predictability of cash flows Pros of a DCF Valuation Intrinsic valuation of a company As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 012 – Private Equity  

Welcome back! As many of you know starting today, we will be releasing one episode per week on Sundays. First day of work tomorrow! https://www.linkedin.com/in/shaun-mehra-842b9a47 Today we have a very special guest, Shaun Mehra. Shaun worked as a private equity analyst at Silver Lake Partners, a large cap private equity fund focused on technology investments. We go over Shaun's day to day, investment thesis, and advice to break into the industry. Very fun episode, hope you enjoy! What's your background story? Before Silver Lake Partners, what were your thoughts on our summer at GS? How was it helpful to your time at Silver Lake Partners? What does Silver Lake Partners do? What's the high level overview? How did you get the job? What was the interview process like? What do you do on a day to day basis? From when you wake up to sleep? Walk me through your investment thought process. What skills have you acquired since working for Silver Lake Partners? What advice do you have for kids that are looking to break into private equity? Fun Questions What is your favorite book that you've read and why? Favorite restaurant in the city How do you stay motivated, or what motivates you? How can we improve on increasing transparency in finance? As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 011 – IB Recruiting Part III – Technicals  

Welcome back for the last episode of the three part series on investment banking recruiting, technicals! Before we begin, check out this recent article that was written about us in The Globe and Mail. Best Resources for preparing for Technicals Friends that have worked in investment banking Wall Street Oasis Prep Guide Rosenbaum and Pearl Sections for Investment Banking Technicals Financial Statements How they tie to one another Specific line items on the financial statements How changes affect the three financial statements $10 increase in depreciation Valuation Discounted Cash Flow Analysis Comparable Companies Analysis Precedent Transactions Leveraged Buyouts Resources Excel Models Brain Teasers Case Study Questions How many cigarettes are smoked in a day? How many ping pong balls can you fit in a 747 How many customers enter the grocery store down the street How to answer questions that you don't know the answer to General Closing Tips As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

TVS 010 – IB Recruiting Part II – Behavorials  

Welcome to Part II of the Investment Banking Recruiting series. Today, we are talking about behavorial questions which are arguably more important than technicals. We also touch briefly on networking as I did not cover this subject as much in the first IB Recruiting Episode. Make sure to have a theme or message you want to convey across in the interview Prepare every line item on your resume so you can speak extensively to it Questions, answers, and why they are asking them Walk me through your resume, give me your background Why do you want to work at X investment bank Why do you want to work in investment banking Are you interviewing only with investment banks, or also consulting and other firms? Tell me about a time you had a conflict on a team and how did you resolve it? Tell me about a time you went against the grain or challenged the status quo Tell me about your greatest accomplishment Tell me your strengths and weaknesses Tell me about a time that you failed What do you do for fun? Ethical questions As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@thevampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1

0:00/0:00
Video player is in betaClose