<?xml version="1.0" encoding="UTF-8"?><!-- generator="WordPress/2.9.1" -->
<rss version="0.92">
<channel>
	<title>ValueSim</title>
	<link>http://www.valuesim.no</link>
	<description>Corporate Risk Analysis</description>
	<lastBuildDate>Sat, 28 Nov 2009 08:35:00 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
	<item>
		<title>Markedspris og Regnskaper &#8211; rett verdi?</title>
		<description><![CDATA[Problemstillinger rundt verdivurderinger
Dr. Robert Kaplan som er professor ved Harvard University påpeker svakhetene ved tradisjonelt regnskap som ikke gjenspeiler reelle verdier i selskapet. Nobelprisvinneren James Tobin har fått oppkalt måleparametre Tobins Q etter seg. Utgangspunktet her er differansen i verdi mellom bokførte verdier og markedsverdien av selskapet. I mange kunnskapsbaserte virksomheter fremkommer dette tydelig. Immaterielle verdier i et selskap er vanskelig å kvantifisere. Professor Baruch Lev hevder at &#8220;Traditional accounting systems don&#8217;t capture much of what goes on.&#8221; og viser til at markedsverdien av Microsoft 30 september 1999 var priset ...]]></description>
		<link>http://www.valuesim.no/?p=61</link>
			</item>
	<item>
		<title>Price vs. Value and Market Risk</title>
		<description><![CDATA[Having arrived at the probability distribution for the value of equity we are able to calculate expected gain, loss and their probability when investing in a company where the capitalized value (price) is known.
In the figure below we have illustrated the investment and speculative area. The investment area comprice the part of the cumulative probability distribution below 50%.
The speculative area is the area above 50%. The expected value is given at the 50% probability point (stapled line). The literature advices, and successful investors insists, on having a safety margin (discount) ...]]></description>
		<link>http://www.valuesim.no/?p=48</link>
			</item>
	<item>
		<title>Om å kjøpe 50 øre for 2 kroner</title>
		<description><![CDATA[Det er mange som er opptatt av tap om dagen, men hva er det? Hva er et  urealisert tap. Er pengene i oljefondet tapt?  Her får du noen innspill. ]]></description>
		<link>http://www.valuesim.no/?p=20</link>
			</item>
	<item>
		<title>Uncertainty and WACC</title>
		<description><![CDATA[


The correct procedure to calculate the weighted average cost of capital (WACC) is to solve the simultaneous equations giving the unique WACC for every period in the forecast period. This is not often done due to the complexity, but ValueSim has this as a standard. For more information please download the WACC article.







]]></description>
		<link>http://www.valuesim.no/?p=14</link>
			</item>
	<item>
		<title>The Value of Quality Management</title>
		<description><![CDATA[Warret Buffett is recognized being one of the worlds most successful investor. What are the key issues when deciding to invest? Some of the most relevant factors are written here. If you want the source himself, please go to Warren Buffett here.
Managing the Buffett way
By Stuart Crainer
The naive figure who utters profound truths holds a perennial and universal appeal. The naïf who succeeds and mysteriously makes sense of an alien environment is the subject of movie after movie &#8211; from Peter Sellers&#8217; Being There to Tom Hanks&#8217; Big.
Something of the ...]]></description>
		<link>http://www.valuesim.no/?p=8</link>
			</item>
	<item>
		<title>The Probability of Gain and Loss</title>
		<description><![CDATA[


Every item written into a firm’s profit and loss account and its balance sheet is a stochastic variable with a probability distribution derived from probability distributions for each factor of production. Using this approach we are able to derive a probability distribution for any measure used in valuing companies and in evaluating strategic investment decisions. Indeed, using this evaluation approach we are able to calculate expected gain, loss and their probability when investing in a company where the capitalized value (price) is known.For a more closer study, please download Corporate ...]]></description>
		<link>http://www.valuesim.no/?p=6</link>
			</item>
	<item>
		<title>Risk and Monte Carlo Simulation</title>
		<description><![CDATA[Risk, when does it occurs? Whenever the outcome of a situation is not 0 or 1 you have uncertainty. Investment decisions taken under these circumstances involve a probability for an outcome that will differ from your estimated target. Decisions taken under uncertainty are a reality and a constraint manager's face. In order to reduce the risk (probability of gain/loss) you have basically two ways of doing it, reduce the exposure or try to reduce the uncertainty by gathering more information.]]></description>
		<link>http://www.valuesim.no/?p=3</link>
			</item>
</channel>
</rss>
