Observations, Calculations, and Values
Obviously, with T-bills in the sub 1% range, it’s not mathematically impossible to earn double digit yields on cash balances in US dollars.
As I was reading a Financial Times article tonight about the Chinese economy, the following chart made me stop and wonder if maybe the Chinese Yuan wasn’t as fixed to the [...]
I like a good puzzle as much as anyone. The “Challenger” puzzle, aka the International crossnumber game, appears in the daily San Francisco paper.
To solve it, you have to fill the blank squares with the numbers 1 thru 9, so that the rows add up to the total at the right, the [...]
Excel has a function called Data Tables can be very useful, since it allows you to insert live sensitivities into your model. Live sensitivities can be very useful, but can easily slow down a larger model. It’s not hard to copy and paste/special/values on a data table to speed things back up again, [...]
When a company is borrowing “From the Trade”, it’s usually not such a good sign. Here’s why:
When a vendor offers terms of 2/10 net 30, it means that the buyer receives a 2% discount for paying within 10 days, otherwise the balance is due within 30 days. It turns out that this [...]