Podcasts by FinanceProfessor

Intro to Racism for Behavioral Economics class (MBA 639) from 2020-08-07T04:00

A class introduction (no numbers) to the Racism topic.  Frankly, I don't think it is great, but for such an important topic it did need an introduction.   

Short version: racism is...

Behavioral CORPORATE finance: How behavioral finance affects firms from 2017-07-20T04:00

Most work in the field of behavioral finance focuses on the investment side of the fence.  That is unfortunate as managers are people too and they fall prey to many of the same biases that inves...

An overview of why/how behavioral biases can influence investors' returns from 2017-07-20T04:00

WHen most people think of behavioral finance, they think of the material we will cover in this section. It is a look at how biases can impact investor returns.  

We will look at bu...

Behavioral Econ/Finance outside of finance from 2017-07-19T04:00

From Marketing to politics., from Healthcare to Education,  from International Development to treating addictions, the things we learned in Behavioral Finance and Economics can be used to help m...

Scarcity in two parts: Scarcity as in tunneling/Lack of Bandwidth and Scarcity as in Poverty from 2017-07-18T04:00

This episode gives a short introduction into the two concepts covered in this part class:

1. The concept of Scarcity as described in Mullainathan and Shafer's great book: Scarcity: The N...
   Listen

Behavioral Finance: introduction to the brain, neuroscience, and neurotransmitters from 2017-07-18T04:00

While this is not a science class, we do need to have an understanding of the various parts of the brain, how we look at the brain, and how what we do (or don't do) can influence the brain and o...

Behavioral Finance MBA 639 Introduction to Biases from 2017-07-12T04:00

This is an introduction to behavioral biases.  

The short version: thinking is hard.  It can take time and effort.  So we have evolved to come up with shortcuts and biases that do ...

Behavioral Finance Introduction for MBA 639 from 2017-07-12T04:00

An Introduction to Behavioral Finance and Behavioral Economics at St. Bonaventure University.  It is tailored to MBA 639 but can be listened to by anyone.  

Not sure what happened ...

Mergers and Acquisitions Part 2 from 2017-03-27T04:00

Hostile takeover defenses.  Takeover waves. 

Still no voice, but a little better. 

how to fight acquisitions

Pre-bid defenses:

Trends in Finance and Economics from 2017-03-26T06:00

In an attempt to wrap up MBA 610, I made a list of things on the horizon.  It was a tough list to make.  A few things that were really close: FinTech, raising interest rates, the role of governm...

Mergers and Acquisitions Part I from 2017-03-24T05:00

First, let me apologize, I lost my voice for much of this week and this is definitely not the best audio quality.  I am happy with the content however and I edited out most of my coughs :)

Why corporations hedge (the theory) from 2017-03-09T06:00

Shareholders' payoff looks like that of a call holder.  Calls appreciate with volatility.  So why do firms hedge?  There are many reasons (at least theoretically):  It makes contracting easier, ...

Derivatives: an overview from 2017-03-07T06:00

I don't dive in super deep here but rather give you an overview/primer to the basic building blocks and option pricing models.  It should be used in addition to the textbook and class notes, not...

A look at IPO underpricing and overpricing from 2017-03-07T06:00

IPOs tend to be underpriced in short-run.  That is to say, they go up on the first day of trading.  In the longer-term (3-5 years) they tend up underperform their control groups. 

Market Efficiency from 2017-03-06T06:00

Market efficiency is not a Binary YES/NO variable.  Rather it is a continuum from not so efficient to very very efficient.  NOTE . market efficiency does not imply perfection! :) 

...

Capital Budgeting Introduction from 2017-03-06T06:00

A fast look at capital budgeting.   Capital budgeting is deciding which assets you want on your balance sheet.  The key point it to compare costs and benefits.  This is EXACTLY what NPV does whi...

A VERY short look at a futures contract from 2017-03-03T06:00

This is to accompany a look at the specs of a corn futures contract: 

http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/corn_contract_specifications.html is what we will focus...

Stock market indexes (or Indices if you prefer :) ) from 2017-02-21T06:00

A short look at/introduction to stock market indexes.  We discuss both price-weighted indexes (such as the DOW) and value-weighted (such as the S&P 500).

A short look at Capital Structure from 2017-02-21T06:00

This is a quick look at capital structure.  Capital structure questions (how much debt to use) center on the tradeoff between tax savings and risk.  

Introduction to Cost of Equity and CAPM from 2017-02-07T06:00

An introduction to the cost of equity and CAPM  

I should stress, that equity is not free.  Investors want a return.  That return is a cost to the firm.  (even though it does not appear on...

An introduction to Behavioral Finance for MBA 610 from 2017-01-23T06:00

Behavioral finance is the coming together of psychology, economics, and finance.  It is a fascinating topic that deserves much more coverage.  This is just to introduce you and to whet your appe...

An introduction to valuation for MBA 610 from 2017-01-23T06:00

Valuation of stocks and bonds rests on Discounted Cash Flow (DCF) and market comparable (market multiple) valuation methods.  This short introduction (along with the text and online notes) shoul...

A look at governance and CEO pay for MBA 610 from 2017-01-23T06:00

I am teaching an online MBA class in Financial Management at St Bonaventure University.  I will be sharing a series of short "classes" on various topics that we cover.  The audio is intended to ...

What is the problem with the Venezuelan Economy? from 2016-12-21T06:00

A home-run.  A look at the inflation, shortages, and violence that is now widespread in Venezuela.  A talk with Luis Guevara and Juan Farah.  

For more here are two helpified paths...

Rene Pochop on Ethics from 2016-12-08T06:00

Rene Pochop is a financial planner from Burlington VT who is on the BonaSIMM (http://BonaSIMM.org) board.  She speaks here on potential conflicts of interest, the importance of your reputation, ...

Tom Cullen on Ethics and Character from 2016-12-06T06:00

Tom Cullen (SBU alum and co-founder of Launch Pad Labs) spoke on character and ethics in business.  

Finance intro for online class.... from 2016-10-04T06:00

Because we missed a "live" class, this is a way for the class to see what I think is important.  It is unedited and a free flow talk on the past week of class.  I would really like to do these e...

Mba 610 Portfolio math from 2016-03-25T05:00

MBA 610 class on portfolio math (week 5).  

two questions that usually make it to the test:

1. How to calculate the standard deviation of a portfolio.  

2. How to find ...

MBA610 class on market efficiency and intro to behavioral finance from 2016-03-25T05:00

Class begins with a look at market efficiency in a classic informational sense, then introduces behavioral finance.  This was from St. Patrick's day, so many people were missing from class

MBA 610 (week 1 of 15) from 2016-01-22T06:00

An introduction to Financial Management (MBA 610) at St. Bonaventure University.  This was recorded in the evening section. 

Making SIMM better Dec 2015 from 2015-12-22T06:00

SIMM is Students in Money Management at St. Bonaventure.  We have two portfolios: a traditional equity and fixed income portfolio and an energy hedge fund.

For their final in the f...

MBA 604-Second Week, Saturday Regressions, indifference curves from 2015-11-22T06:00

A few short talks on Regressions, Utility, and Indifference curves (NOTE THIS IS NOT A STATS CLASS--intuition and not a real stats class)

mba 604 Financial Foundations second week friday #2 from 2015-11-22T06:00

Market imperfections, collusion, cartel, tariffs, taxes, and impact of unions

Financial Foundations (MBA 604) Second week, Friday Night 1 from 2015-11-22T06:00

Data Sources (not sure why entire thing is not saved)

Also data Sources:

here are a few data sites.

http://www....

Rights issues, poison pills, leasing, and introduction to dividends from 2015-11-19T06:00

We did not dive very deep into any of the topics but covered several in anticipation for next week's exam.  

Finance 401: Capital Structure lecture 3 from 2015-11-19T06:00

Our third and final lecture on capital structure.  Looks at the costs of having too much debt and introduces pecking order, tradeoff, and hybrid models of security issuance/capital structure. 

NOT really finance, but a presentation on cool online tools that can be used to teach or for a million other things from 2015-11-19T06:00

Dr . Todd Palmer and I presented to SBU business faculty on some very useful online tools

My part of the talk is here: http://bit.ly/1OgTqxF

First Financial Foundation Class from 2015-11-15T06:00

Part econ, Part finance.  This is mainly introductions (Friday Night class week 1)

A first look at capital structure... from 2015-11-11T06:00

Debt makes good times great and bad times horrible... that and a whole lot more in this class on capital structure.  Thanks Yogi!  Modigliani and Miller. 

https://helpified.com/pat...

A look at public issuance and private placements from 2015-11-11T06:00

My helpified path to correspond with this podcast

https://helpified.com/paths/public-offers-and-private-placements

valuation of bonds and stocks from MBA 626 from 2015-11-11T06:00

A discussion of stock and bond pricing from MBA 626 (Investments)

The Development of CAPM from 2015-11-11T06:00

What lead to the Capital Asset Pricing Model?

notes:

https://helpified.com/paths/capm-the-capital-asset-pricing-model

Some IPO Underpricing explanations from 2015-11-11T06:00

This is from my Finance 401 class.  We cover a fast review of IPO process and look at some hypotheses why IPOs are underpriced. 

Links: http://site.warrington.ufl.edu/ritter/ipo-da...

CAPM from MBA 626 from 2015-10-20T06:00

Overview of the development of CAPM (portfolio math, types of risk, and CAPM itself).  

Finance 401: a look at some of the theory of CAPM from 2015-10-08T06:00

While this was from Finance 401, it is very similar for other classes that discuss the development of CAPM.  I dropped the history this year to get the development more or less in 

Finance 401: Bond Pricing II from 2015-09-18T06:00

This was a somewhat bad recording (I left the phone on podium) of Finance 401 at St. Bonaventure.  Today's topic was bond pricing.  We looked at liklihood of getting paid,, rating firms,...

Finance 401-Bonds second class from 2015-09-17T06:00

SKIP first 15-20 seconds

This was a somewhat bad recording (I left the phone on podium) of Finance 401 at St. Bonaventure.  Today's topic was bond pricing.  We looked at liklihood ...

Investments (MBA 626) Market Efficiency Chapter 11 from 2015-09-17T06:00

A look at Market Efficiency.  From Weak form, to SemiStrong Form, to Strong Form.  Conclusion?  Markets are tough to beat, but not perfectly efficient.  That said, to average investor, they are ...

Investments-MBA 626-Bodie Kane and Marcus Chapter 8 from 2015-08-11T06:00

In this chapter, the book compares the index model (whereby assets are compared to a single index vs the Markowitz model that uses the covariances with all other assets with all other assets.  I...

Investments-Bodie, Kane, Marcus Chapter 7 Optimal Risky Portfolios from 2015-08-04T06:00

A quick overview of Chapter 7 from the Bodie, Kane, and Marcus Investments textbook for my MBA 626 class.  Topics include: portfolio math (calculating expected returns and Standard Deviations fo...

Chapter6-- Investments Bodie, Kane, and Marcus (MBA 626) Capital Allocation to Risky Assets from 2015-07-31T06:00

Chapter 6 looks at allocation to risky assets.  It begins with speculation and gambling and then moves to utility measurements, risk aversion, and indifference curves. It then discusses the Capi...

Chapter 5- Investments Bodie, Kane, and Marcus (MBA 626) from 2015-07-27T06:00

This is a more challenging chapter.  It deals with risk and return.  From EAR to APR to arithmetic and geometric returns.  Then it gets into standard deviations, risk premiums, excess re...

Chapter4-- Investments Bodie, Kane, and Marcus (MBA 626) from 2015-07-27T06:00

Chapter 4 is primarily about mutual funds.  It deals with various types of investment companies, mutual funds, ETFs, and hedge funds.   You should find this chapter a bit easier than some of the...

Chapter 3 of Investments by Bodie, Kane, and Marcus from 2015-07-24T06:00

My overview of Chapter 3 of Bodie Kane and Marcus' Investments text book.  For use in MBA 626 at St. Bonaventure University.  

Investments (MBA 626) Chapter 2 from Bodie, Kane, and Marcus from 2015-07-24T06:00

An overview of the important points from Chapter 2 of Bodie, Kane, and Marcus.  Note this is an important chapter and I recommend you go through it a couple of times.  ESPECIALLY if you have bee...

Investments-Chapter 1 of Bodie Kane and Marcus from 2015-07-23T06:00

A fast overview/Introduction to Bodie, Kane, and Marcus' Investments (10th edition).  I will try to do these short introductions to each chapter to make the online course a bit easier for you.  ...

Welcome to Investments (MBA 626) from 2015-07-15T06:00

MBA 626 is the MBA level investments class at St. Bonaventure University.  It is a new prep for me (Fall of 2015) and I really am looking forward to the hybrid format with some in-person meeting...

Finance 401-Welcome to Class from 2015-07-15T06:00

A brief introduction to Finance 401 at St. Bonaventure University as taught by Jim Mahar.  Includes tips on how to succeed in the class. 

Intro to the FinanceProfessor.com Podcast from 2015-07-09T06:00

This will be in part interviews with finance professionals and discussions of academic finance papers as well as current events.  It will also have my class lectures online in audio format.   Listen