What and how you study is totally at your discretion.

But, if you are studying finance for the first time, I strongly recommend you follow the contents in a top-down order, starting from the Study Tips.

Study Tips

Ways to really understand.

Underlying Assumption

Knowing this makes difference.

Time Value of Money

It’s all about this.

Present Value (Basics)

How much the future costs.

Present Value (deeper dive)

You don’t need to know this much, but helps.

Discount Rate

This defines your competency.

Net Present Value

Application of the concepts.

Value of perpetuity.

Terminal Value

Complicated? Not really.

Internal Rate of Return

Modified Internal Rate of Return

Less popular. More powerful.

[More to come]