Julian Shocron — finance notes in plain English
Latest notes
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What EBITDA Tells You, and What It Hides
Julian Shocron writes plain-language notes on finance. This one covers EBITDA: what it measures, how to calculate it, and why it should never be read alone.
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How to Value a Company Using Multiples
Julian Shocron explains valuation by multiples: EV/EBITDA, P/E and EV/Sales, how to go from enterprise value to equity value, and a worked bakery example.
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Educational notes. Not investment advice.