Magic hair

Beautiful natural hair that is of african and african american descent. This type of hair has its own drip and is very desirable to many. You know your hair is magic when you comb your hair and the comb breaks

She tried to have a perm. She dont know she has magic hair

by Bad demon baby December 21, 2020

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Get the Magic hairmug.

Magic Fen

Magic Fen is a handsome asshole that attracts nothing but baddies

Magic Fen don’t care about what y’all name mean. He only cares about hitting the gym later

by Mac Donald James November 23, 2021

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Get the Magic Fenmug.

Model Magic

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

by Finance101 August 11, 2024

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