Stanley : Yo dude, i heard Max had a Red Magic at a party the other night.
Tony : Whoa, that lucky badger!
Tony : Whoa, that lucky badger!
by SkMSkyeSSkye July 15, 2017

by finemagician November 22, 2023

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
by Finance101 August 11, 2024

by Mac Donald James November 23, 2021

by ReversedOblivion August 24, 2016

Yo I coulda sworn they stepped out for a second how did I not notice them walk past me beaming ? Meth magic bro
by Mrdancodered94 October 7, 2022

by Onsler May 21, 2018
