<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: ROIC vs. WACC</title>
	<atom:link href="http://www.jonathangoldberg.com/2009/07/roic-vs-wacc.html/feed" rel="self" type="application/rss+xml" />
	<link>http://www.jonathangoldberg.com/2009/07/roic-vs-wacc.html</link>
	<description>Investment ideas, research findings and general discussion of all things value investing.</description>
	<lastBuildDate>Sun, 15 Aug 2010 07:32:58 -0700</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Richard</title>
		<link>http://www.jonathangoldberg.com/2009/07/roic-vs-wacc.html/comment-page-1#comment-106</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Wed, 21 Oct 2009 10:28:12 +0000</pubDate>
		<guid isPermaLink="false">http://caratsplus.com/?p=7#comment-106</guid>
		<description>no problemo Jonathan
watch your forum those days cause i have too much questions ;-)</description>
		<content:encoded><![CDATA[<p>no problemo Jonathan<br />
watch your forum those days cause i have too much questions <img src='http://www.jonathangoldberg.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jonathan Goldberg</title>
		<link>http://www.jonathangoldberg.com/2009/07/roic-vs-wacc.html/comment-page-1#comment-103</link>
		<dc:creator>Jonathan Goldberg</dc:creator>
		<pubDate>Tue, 20 Oct 2009 16:19:24 +0000</pubDate>
		<guid isPermaLink="false">http://caratsplus.com/?p=7#comment-103</guid>
		<description>Hi Richard, I graduated from the Richard Ivey School of Business in Canada but the course I took is based on the Columbia one. You should go to the forum and register as that will be the best place to ask questions such as this in the future! I&#039;ll make you a deal, please ask this in the forum and I will gladly answer. This way many people will get the benefit of the question you&#039;ve asked. Thank you for reading!</description>
		<content:encoded><![CDATA[<p>Hi Richard, I graduated from the Richard Ivey School of Business in Canada but the course I took is based on the Columbia one. You should go to the forum and register as that will be the best place to ask questions such as this in the future! I&#8217;ll make you a deal, please ask this in the forum and I will gladly answer. This way many people will get the benefit of the question you&#8217;ve asked. Thank you for reading!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Richard</title>
		<link>http://www.jonathangoldberg.com/2009/07/roic-vs-wacc.html/comment-page-1#comment-102</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Tue, 20 Oct 2009 11:43:49 +0000</pubDate>
		<guid isPermaLink="false">http://caratsplus.com/?p=7#comment-102</guid>
		<description>Hello Jonathan
My name is Richard and i&#039;m writing this poste from France. I&#039;ll study value investment since 2 years all by myself because in France we don&#039;t have all the course you got in the states. Especially, i&#039;m trying to pratice bruce greenwald approach. But i have got only his book, which was translated in french. so it&#039;is sometimes difficult to implement the method in pratice.
So i would like to know if it&#039;s possible to ask you some questions, since i saw that you graduate at the columbia business school :
- when calculating the WACC of the company, are you taking the market value of the company equity (=market capitalization) or are you taking the book value of equity ? I wonder because on examples downloadble on the columbia site, i think students are taking equity book value or in the most common definition of WACC, it mentions market value of equity ....
- My second question is how do you evaluate market value of long terme debt ? all i have from the annual report of a company is the book value of debt, the interest expens. So how do you do ?

Thank you very much for reading my post and maybe answering me.

Richard</description>
		<content:encoded><![CDATA[<p>Hello Jonathan<br />
My name is Richard and i&#8217;m writing this poste from France. I&#8217;ll study value investment since 2 years all by myself because in France we don&#8217;t have all the course you got in the states. Especially, i&#8217;m trying to pratice bruce greenwald approach. But i have got only his book, which was translated in french. so it&#8217;is sometimes difficult to implement the method in pratice.<br />
So i would like to know if it&#8217;s possible to ask you some questions, since i saw that you graduate at the columbia business school :<br />
- when calculating the WACC of the company, are you taking the market value of the company equity (=market capitalization) or are you taking the book value of equity ? I wonder because on examples downloadble on the columbia site, i think students are taking equity book value or in the most common definition of WACC, it mentions market value of equity &#8230;.<br />
- My second question is how do you evaluate market value of long terme debt ? all i have from the annual report of a company is the book value of debt, the interest expens. So how do you do ?</p>
<p>Thank you very much for reading my post and maybe answering me.</p>
<p>Richard</p>
]]></content:encoded>
	</item>
</channel>
</rss>
