M C I NTIRE I NVESTMENT I NSTITUTE A T THE U NIVERSITY OF V IRGINIA - - PowerPoint PPT Presentation

MCINTIRE INVESTMENT INSTITUTE

AT THE UNIVERSITY OF VIRGINIA

Current Topics in Finance & Investing

Prepared by MII Managers| Nov. 14, 2013

McIntire Investment Institute

1

Twitter IPO Blackberry Advanced VAR Emerging Markets Quantitative Easing

TWITTER IPO: WHAT DO YOU REALLY NEED TO KNOW?

McIntire Investment Institute

2

First day gain: 73% First day market cap: 23.4bn Justifying the valuation: revenue potential and user base Comparing Twitter: Facebook, Pinterest etc. Is Twitter a bubble, or can it be sustained?

Joe Caiello Kevin Wang

BLACKBERRY CASE STUDY: VALUATION METHODS

McIntire Investment Institute

3

Current Share Price: $6.46 (MKT CAP: $3.32B) – over 45% decline YTD What’s happened in the last year? Where’s the value? The balance sheet? Potential catalysts and risks

Kunal Arora

?

INVESTING IN EMERGING MARKETS: HOW TO ASSESS RISKS AND FIND OPPORTUNITIES

McIntire Investment Institute

4

How: companies based in emerging markets or multinational companies with sales from emerging markets Why: higher rate of long-term economic growth, favorable demographics, burgeoning consumer class, and diversification Risks: geopolitical instability, economic volatility, and exchange rate fluctuations

Alvin Kuai Sean Yu

ADVANCED VAR SKILLS: HOW TO REALLY MAKE YOUR CASE

McIntire Investment Institute

5

How can VAR change a thesis? What’s most important to research? Triangulation How to get responses VAR can be intimidating – how do you get past it? Understand your biases Be Creative

Ajay Sundar Kelvin Wey

QUANTITATIVE EASING: MECHANICS AND RELEVANCE

McIntire Investment Institute

6

What is QE and how does it work? (U.S. and abroad) Why is QE so important?

Jonathan Wulkan