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
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: magic involving the use of words in a manner determined by a belief that the very act of uttering a word summons or directly affects the person or thing that the word refers to. 🪄
: magic involving the use of words in a manner determined by a belief that the very act of uttering a word summons or directly affects the person or thing that the word refers to. 🪄
* my guru is a word magician🪄
* The word magician🪄 wields spells and incantations.
* The road pirates are always baffled by the verbal fog of a word magician 🪄
* The word magician🪄 wields spells and incantations.
* The road pirates are always baffled by the verbal fog of a word magician 🪄
by Awkward broccoli January 7, 2024
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Youtube Superchat:
Merry Christmas
I know you won't say it Nerissa
But would Aradia read the UwU magic as one more Christmas gift?
Aradia: *continues to read the UwU Magic out loud*
Merry Christmas
I know you won't say it Nerissa
But would Aradia read the UwU magic as one more Christmas gift?
Aradia: *continues to read the UwU Magic out loud*
by TheGreenDeath#EUW January 16, 2024
Get the UwU Magic mug.When it’s 5:00AM at your FedEx Ground facility and all the marking stickers are in the right place, making your job easier and more efficient by reducing the need to flip packages and check which ones go to your work area.
by coffee_by_the_pot January 21, 2024
Get the AWAD magic mug.An extreme form of bukkake practiced largely among the swinging community. Also, often used in casual conversation for swingers to identify eachother.
by ThommmmyBoyz November 8, 2023
Get the ace magic mug.A Magic School Bus is a tiny insignificant penis smaller even than a micro penis.
It's so small that any penetration goes unnoticed by the receiver...much like the MSB itself.
It's so small that any penetration goes unnoticed by the receiver...much like the MSB itself.
by Stan Shelby December 2, 2023
Get the A Magic School Bus mug.A brown magic marker without its cap is shoved up your ass, tip pointing down, so that when you wipe after a mushy shit, even doing the swizzout after vacation ass doesn’t get you any cleaner.
After Eric and Ofier had the time of their lives bar hopping in Puerto Rico, their vacation ass required boxes of baby wipes for multiple swizzouts, but alas, the brown magic marker was leaving marks on the wipes. Only a shower with the water hose shoved up their asses removed the brown magic marker!
by Ericandofier March 27, 2024
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