Aircraft Valuations: What’s the Secret Sauce? / By Marc Cho
During an interview for a summer internship before my senior year at college, an investment banker asked me to sum up investment banking in one word. As a naive and uninformed undergrad, I didn’t have a good answer so I replied, “finance.” He told me the better answer was, “value”. He said the goal of any investment banker was to determine value – of a company, an asset, a contract, and anything else that can… Read more