Mastering Residual Income (Part 2): Persistence Factors & Premium Logic | CFA Level II Equity скачать в хорошем качестве

Mastering Residual Income (Part 2): Persistence Factors & Premium Logic | CFA Level II Equity

Calculating Residual Income becomes tricky when "Persistence Factors" and "Market Premiums" are introduced. This is Part 2 of our deep dive into the Residual Income Model. In Part 1, we covered the basics. In this video, we tackle the advanced scenarios that often trip up CFA Level II candidates. We will move beyond rote memorization and use visual models to understand the math behind the formulas. 👇 What we cover today: Persistence Factor (ω): Understanding the "Moat". Why ASML has a high ω, and a shortcut to memorize the formula. Valuation with Premium: How to calculate Terminal Value instantly when Price is higher than Book (The "Cake Model"). The Complete Roadmap: A final summary of all RI formula variations. 🔥 Coming Next: In the next episode, we will decode Index Weighting Methods. We’ll use real-world giants like Goldman Sachs and Apple to explain why the biggest companies don't always have the most power in an index. Subscribe so you don't miss it! ----------------------------------------------------------------------- Timestamps: 00:00 Intro: Beyond the Basics 00:30 Concept: Understanding Persistence Factor (ω) 03:36 Walkthrough: Valuation with Decay (ω less than1) 07:42 ⚠️ Watch-out: The ω vs. Growth Rate Trap 09:26 Concept: The "Premium" Scenario ( P higher than B) 12:01 Walkthrough: Calculating Terminal Value with Premium 16:03 ⚠️ Watch-out: The Timing Mismatch Trap 17:21 Summary: The Ultimate RI Formula Map 20:09 Next Episode: The Index Weighting Paradox ----------------------------------------------------------------------- ⚠️ Disclaimer: This video is for educational purposes only. Opinions are my own. Not affiliated with CFA Institute. CFA® is a registered trademark of CFA Institute. -----------------------------------------------------------------------