Topics in Public Equity Investing (SC)

Section 1, Fall 21

Schedule Information

Enrollment: 14/16
Credits: 1
Day Date Time Room
  • M
  • T
  • W
  • R
  • M
  • T
  • W
  • R
  • 09/27/2021
  • 09/28/2021
  • 09/29/2021
  • 09/30/2021
  • 10/04/2021
  • 10/05/2021
  • 10/06/2021
  • 10/07/2021
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • 1800-1930
  • WB129
  • WB129
  • WB129
  • WB129
  • WB129
  • WB129
  • WB129
  • WB129

Course Description

This short course focuses on public equity investing and related company analysis. The course is designed to give students a practical understanding of how professional equity investors at large investment firms analyze companies and make investment decisions. Topics to be covered include: the difference between good businesses and bad businesses, how companies create value, the practical side of forecasting and DCF valuation, growth investing, value investing, understanding the customer perspective and the use of investment frameworks. As the main project of the course, students will prepare a short research report in the style of a buyside "initiation of coverage" report, including a financial model and valuation analysis. Students in the Law & Business program may be interested in this course for among the following reasons: (1) if your law practice will involve representing public company clients, understanding how professional investors analyze your clients should be helpful context, (2) if your law practice will involve representing investors, this course should further your understanding of what investors actually do, (3) if your law practice will involve clients active in mergers and acquisitions (or corporate development), this course should further your ability to understand strategic and financial issues, and (4) if you see yourself eventually going into business, furthering your ability to assess the quality of a business, understand value creation and evaluate growth prospects should be quite valuable.

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): None
Description: None

Written Work Product
Written Work Product: Students will turn in a 5 to 10 page written stock recommendation via EXPO (deadline to be announced)

Other Work
Students will have required reading for each class and be expected to participate in class.

Other Course Details
Prerequisites: Corporate Finance (or relevant work experience) is strongly recommended, but not required. Students should also be comfortable creating and using relatively simple Microsoft Excel spreadsheets Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: Yes
Course Resources: To be announced.
Course Notes:

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: No
Satisfies Professional Ethics: No

*If “Yes,” then students are required to submit a substantial research paper in this course, which means students do not need to submit any form to SRO for this paper to meet their upper-level writing requirement. If “No,” then students must submit a “special request” e-form to SRO (available via LawWeb) no later than five weeks after the start of the term for a paper in this class to be counted toward the upper-level writing requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

Schedule No.
121819227
Law No.
LAW7799
Modified Type
Lecture
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens: Thursday, September 23, 12:01 AM
Evaluation Portal Via LawWeb Closes: Saturday, October 09, 11:59 PM
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