by Erik Kobayashi-Solomon | Nov 9, 2013 | Commentary, Uncategorized
I am happy to announce that my first popular press book, The Framework Investing: Applying Value Investing to the World of Options, will be published in mid-2014 by McGraw-Hill.The Framework…
by Erik Kobayashi-Solomon | Oct 15, 2013 | Commentary, Uncategorized
I got a question from a long-time reader–Wilson M.–today, that I thought was a good one. I’m sure a lot of people have wondered the same thing, so I asked…
by Erik Kobayashi-Solomon | Oct 15, 2013 | Commentary, Uncategorized
One aspect of option pricing that I discuss in The Framework Investing is that very long-tenor options tend to be structurally mispriced. This mispricing allows for an intelligent investor to…
by Erik Kobayashi-Solomon | Oct 12, 2013 | Commentary, Uncategorized
This overview accompanies the IOI Valuation of salesforce.com (CRM) and is split into the following sections:Revenue ScenariosEconomic Profit ScenariosInvestment Efficacy ScenariosBalance Sheet EffectsIOI?s explicit forecast period for salesforce.com lasts five…
by Erik Kobayashi-Solomon | Oct 5, 2013 | Commentary, Uncategorized
IntroductionI recently posted an article on SeekingAlpha (Oracle’s Sun Acquisition is Paying Off in Spades) that drew from the data about operational leverage that I posted previously on this blog. The…
by Erik Kobayashi-Solomon | Oct 5, 2013 | Commentary, Uncategorized
IntroductionI recently posted an article on SeekingAlpha (Oracle’s Sun Acquisition is Paying Off in Spades) that drew from the data about operational leverage that I posted previously on this blog.…
