General Finance
This type of investor thinks has an optimistic outlook on the market. (Bear or Bull)
Bull
What does the FA function do?
Fundamental Analysis - brings up financial statements, key ratios, etc
What does FMA stand for?
Financial Management Association
This term refers to a recruitment day where candidates participate in multiple interviews and networking sessions.
Superday
True or False: an option is a derivative.
TRUE
This metric, often abbreviated EBITDA, measures a company’s performance before accounting for financing and non cash items.
Earnings before interest, taxes, depreciation, and amortization
This investment vehicle pools money from many people and is managed by professionals.
Mutual Fund.
Which position in FMA's portfolio has the largest return?
MSFT
Warren Buffets nickname.
Oracle of Omaha
This market index is made of 30 significant publicly traded companies in the U.S.
Dow Jones Industrial Average
What are the market's hours?
9:30am to 4pm
What is the SPLC function?
Supply chain function
Which sector of our portfolio is performing the worst right now?
Industrials
Is private equity buy or sell side?
Buy side
What is the most heavily traded commodity?
Oil
Often called the “risk free rate,” this US government instrument is commonly used as a baseline in valuation models.
US Treasury Bill
True or false: you can see where all the sea ports are on bloomberg.
True - AHOY function to see commodity shipments.
Name 7 of the positions that FMA has in our portfolio
See portfolio or ask Owen
This organization is known to control interest rates and print a country's legal tender?
The Federal Reserve Bank
What is the major commodity exchange in the U.S.?
Chicago Mercantile Exchange
When building a trading comps set, this adjustment removes the impact of a company’s capital structure by adding net debt to equity value, producing a metric that allows for cross firm comparison regardless of leverage.
Enterprise Value
What is the Index Movers shortcut?
MOV
Eddie DiTomasso
This risk measure, used in derivatives pricing, represents the rate of change of option delta with respect to the price of the underlying asset.
Gamma
This broad equity index, representing roughly 98 percent of the investable US market, is reconstituted annually each June using a transparent ranking system that assigns companies to its two style sub-indexes.
Russell 3000