
This course is for:
-anyone that wants to learn how to pick stocks like professional investors do at the top hedge funds and mutual funds.
-anyone that wants to work at a hedge fund as an analyst.
-anyone that wants to work at a mutual fund as an analyst.
-anyone that is already an analyst at a hedge fund that wants to learn how to get promoted to a hedge fund portfolio manager.
-anyone that is already an analyst at a mutual fund that wants to learn how to get promoted to a mutual fund portfolio manager.
-anyone that wants to learn more about how investing, hedge funds and mutual funds work.
Learn how investment banks (the 'Sell Side') can help hedge and mutual fund analysts be much more successful.
This exercise will help you determine what Buy Side role is best for you (either a hedge fund, or a 'long only' firm like a mutual fund). Please read the attached PDF and answer all 10 questions. I will discuss the results with you in the next video. Thanks
This lecture discusses the results from the practice activity and what analyst role makes most sense for you (either at a hedge fund or at a mutual fund).
Learn what a hedge fund is, how a short works, how a hedge fund is structured, what the top hedge funds to work for are and where are they located.
This video is an overview of a day in the life of a hedge fund analyst. In this video we discuss the investment framework that we will use to analyze potential investment ideas, including analyzing fundamentals, valuation, technical analysis and catalysts. We will cover all of the aforementioned investment framework topics in much more detail later in this course.
Learn what are the positive and negative characteristics of working at a hedge fund.
Learn what the different type of hedge fund strategies are, including Long/Short, Event Driven, Activist, Macro and Artificial Intelligence based computer trading systems.
Learn what a mutual fund is, how a mutual fund is structured, what the top mutual funds to work for are and where are they located.
Learn what the difference is between working at a mutual fund and working at a hedge fund.
Learn what are the positive and negative characteristics of working at a mutual fund.
The top investors have a rock solid investment research process. This section will teach you how to use investment frameworks to ensure that you are a more successful investor.
This lecture will teach you my 8 step research process that I have refined over my career, which makes it much easier to identify great investment ideas.
Attached to this section are a few templates that are easy to complete that will impress potential clients, employers etc. I have used these templates which have helped me to raise money for my hedge fund that I launched as well as to get me jobs at a few of the top hedge funds in the world.
This lecture will help you understand the differences between how the investment research process works at a hedge fund and at a mutual fund.
Timing of when to invest in a company is crucial; learn how to think about the optimal timing of an investment.
Learn how to identify events that professional hedge fund investors identify to help them pick winning investment ideas (long and shorts).
Learn how to identify events that professional mutual fund investors identify to help them pick winning investment buy ideas.
Learn how professional hedge fund investors decide what companies to invest in.
Picking a winning stock idea is based on also picking the right sector and the right investment themes.
More information on how to complete investment templates (included in this course) to help you improve your buy idea stock picking performance.
Exercise on how to identify cyclical shorts and secular shorts (and what these concepts mean). More information on how to complete investment templates (included in this course) to help you improve your short idea stock picking performance.
What is technical analysis and why do hedge funds use technical analysis on helping them to decide when to put on or take off a position? Concepts covered in this section includes: the relative strength index, moving averages, trend lines, ascending triangle formations, short interest, stop losses and much more.
Complete the attached 1 page idea template in PowerPoint format and then save as a PDF. You can use this to impress your current or future potential boss. Please note that I included 2 types of templates to complete. One of the templates includes a section called "technicals," which we covered in the previous lecture. It is important to only use the template that contains the technicals section if you are 100% sure that your boss (or potential boss) uses technicals when deciding to invest in a company. If you are unsure, please be conservative and simply use the template that does not contain technicals. Please let me know if you have any questions. Thanks
Learn how professional mutual fund investors decide what companies to invest in.
More information on how to complete investment templates (included in this course) to help you improve your buy idea stock picking performance.
Complete the attached 1 page idea template in PowerPoint format and then save as a PDF. You can use this to impress your current or future potential boss. Please let me know if you have any questions. Thanks
Why is the income statement important and how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course.
An explanation of the income statement (assumes you have no experience with this topic).
An example of an income statement (attached is an excel version of this statement).
Please find attached the income statement exercise. The instructions for the exercise are listed on the first tab in the attached Excel spreadsheet. When you have completed the exercise, please watch the next lecture for an explanation of the answers. Thanks
A discussion of the income statement exercise results.
Why is the balance sheet important & how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course.
An explanation of the balance sheet (assumes you have no experience with this topic).
An example of a balance sheet (attached is an excel version of this statement).
Please find attached the balance sheet exercise. The instructions for the exercise are listed on the first tab in the attached Excel spreadsheet. When you have completed the exercise, please watch the next lecture for an explanation of the answers. Thanks
A discussion of the balance sheet exercise results.
Why is the cash flow statement important & how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course.
An explanation of the cash flow statement (assumes you have no experience with this topic).
An example of a cash flows statement (attached is an excel version of this statement).
Please find attached the cash flow statement exercise. The instructions for the exercise are listed on the first tab in the attached Excel spreadsheet. When you have completed the exercise, please watch the next lecture for an explanation of the answers. Thanks
A discussion of the cash flow statement exercise results.
How are the cash flow statement, balance sheet and income statement connected?
이 과정을 수강한 수강생은 뮤추얼 펀드나 헤지 펀드의 전문가 투자자처럼 종목을 선택할 수 있는 방법과 뮤추얼 펀드와 헤지 펀드에 취직하고, 승진하고, 탁월한 성과를 내는 방법을 이해할 수 있을 것입니다.
최상급 헤지 펀드와 뮤추얼 펀드 전문 투자자가 사용하는 쉬운 주식 선택법을 배웁니다.
중요한 촉매(시기에 따른 사건)를 식별하여 주식을 매수 또는 매도하기에 적절한 시기가 언제인지 파악합니다.
이해하기 쉬운 Top-down 및 Bottom-up 연구 프로세스로 헤지 펀드 및 뮤추얼 펀드 투자 아이디어(롱 - 매수를 의미)를 도출하는 방법을 배웁니다.
현금 수지 계산서를 위한 재무 모델(전망 추정)을 만듭니다.
재무 모델을 기반으로 목표 주가를 생성할 수 있도록 가치 평가 모범 사례를 이해합니다.
현금 흐름 할인법(DCF)을 사용하는 방법 및 목표 주가를 선택하기 위해 가중 평균 자본 비용과 종료 가치를 생성하는 방법을 배웁니다.
헤지 펀드와 뮤추얼 펀드가 회사의 가치를 평가하고 모델링하는 방법의 차이 이해합니다.
부채 및 재고 공식을 사용하여 재무제표 분석: 부채 자산 비율(총부채/총자산), 부채 주식 비율(총부채/총주식), 이자 보상 비율 (EBITDA/이자) 등 재고 보유 일 수(재고/매출 원가)*365.
다음 공식을 사용하여 회사 분석 및 평가: 주가/수익, PEG(P/E/성장), 주가/매출, EV/EBITDA, EV/매출, 주가/잉여 현금 흐름, 주가/순자산.
경영진 인터뷰와 거짓말하는지 확인하는 방법(25년 전 강사가 CIA 및 FBI 전문가에게 받은 훈련 기반)
그리고 더 많은 것이 강의 안에 포함되어 있습니다:
이 과정에는 뮤추얼 펀드와 헤지 펀드의 전문 투자자처럼 종목을 선택하는 방법을 이해하는 데 도움이 될 100개의 강의가 포함되어 있습니다(종목 선택, 회계 또는 금융 경험이 없어도 괜찮습니다). 또한 헤지 펀드나 뮤추얼 펀드에서 일하고 싶거나 성공하고 싶다면 이 과정이 뮤추얼 펀드와 헤지 펀드에 취직하고, 승진하고, 탁월한 성과를 내는 방법을 소개해드리겠습니다!
강의에서 만나요!
- Chris
--
이 강의를 만든 Chris Haroun강사님에 대해 소개합니다:
** 비즈니스 인사이더: "Haroun은 Udemy에서 가장 높은 평가를 받는 교수이기 때문에 교육 과정에서 믿고 수강할 수 있습니다." ** 그는 Udemy의 올해 베스트 셀러 비즈니스 과정 '한 과정 만에 배우는 MBA'의 강사입니다.
Chris Haroun 교수는 포브스와 비즈니스 인사이더에서 소개되는 인사로 금융 커리어에서 10억 달러 이상을 조성하고 관리했습니다. Haroun 교수는 수강생에게 이론 없이 실제 세계의 이론적인 개념을 교육하는 것을 좋아합니다.
Haroun 교수는 다양한 금융 분야에서 20여 년의 금융 분석가 경력을 보유하고 있으며, 골드만 삭스에서 5년, 대형 헤지 펀드 기업 시타델과 본인의 기업을 포함한 헤지 펀드 산업에서 8년, 벤처 캐피털 산업에서 7년(본인이 시작한 벤처 회사가 몇 년 전 Facebook의 투자를 받음), Accenture의 금융/기술 산업에서 4년 동안 근무했습니다. Accenture에서는 Bank of America와 Nations Bank의 합병을 담당했으며 Canadian Imperial Bank of Commerce의 해외 은행을 설립하기도 했습니다. 그의 금융 업무 경력은 미국, 영국, 스코틀랜드, 캐나다, 일본, 중국, 인도, 프랑스 등 세계 각국에 걸쳐 있습니다. 160여 개국의 수강생을 가르쳤으며 다양한 책을 쓴 유명 비즈니스 저자이기도 합니다. 인기 비즈니스 서적인 '비즈니스 스쿨에서 가르쳐주지 않는 101가지 중요한 교훈'(101 Crucial Lessons They Don't Teach You in Business School)은 포브스에서 "모든 기업가가 지금 즉시 읽어야 할 6권의 책 중 한 권"(1 of 6 books that all entrepreneurs need to read right now)으로 다뤄지기도 했습니다.
또한 Haroun 교수는 금융학을 전공한 컬럼비아 대학교에서 MBA를 취득했습니다.