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Get the Magical butt mug.by Mac Donald James November 23, 2021
Get the Magic Fen mug.The practice of manipulating a financial model to maintain a 2.0x return despite discovering negative information during diligence. This is often achieved by increasing exit multiples, reducing Capex, manipulating working capital assumptions, increasing revenue growth rates and increasing gross margin assumptions among other tactics. This is also sometimes referred to as goal seek modeling where every factor other than purchase price is adjusted to arrive at the desired outcome.
Associate 1: I have some bad news, the Target's recent results are well below the banker model and suggest that the declining revenue and margins are continuing vs turning around.
Associate 2: No problem, I'll just apply a little Model Magic and the return will still be 2.0x
Associate 2: No problem, I'll just apply a little Model Magic and the return will still be 2.0x
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Get the Magic Poon Bus mug.Describes a fabric patch with mismatched patterns that's been sewn onto damaged fabric to fix the clothing. British WW2 slang named after a comic strip called "Jimmy and his Magic Patch" that appeared in The Beano in 1944, a story about a schoolboy who frequently time-traveled by accident thanks to a patch sewn on the back of his school trousers.
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Get the Jimmy's magic patch mug.this meme originated from a song called 'dubidubidu' and it was used with footage of a cat using a litterbox reversed and forwarded over and over. this meme exploded in popularity when it got spread mouth to mouth.
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