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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Dont talk the talk if you cant walk the walk
Dont talk the talk if you cant walk the walk
Person 1 - i have been putting in so much efforts in the gym lately.
Person 2 - “Dont call yourself a model if you aint been in vogue”
Person 2 - “Dont call yourself a model if you aint been in vogue”
by Sanyam & natania February 24, 2024
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Hey I took out of FULL RESPECT and I am doing it now all the definitions of LACKING the PURSE MODEL is those PURSE DEFINITIONS which incredulously speaking THE URBAN DICTIONARY has become nothing short of an ORACLE OF SAN FRANCISCO where you can do anything with it.
by INSERT CAREFULLY September 13, 2021
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To be model trains for someone means to be happy about their situation. It is the opposite of being jealous or envious. If someone does better than you in a competition or such, you could feel jealous of their result, to instead be happy for them regardles of your own result would be to be model trains for them.
Wow, your house is so nice, I am model trains for you.
I wish I could travel too, but I'm model trains about your upcoming trip.
I wish I could travel too, but I'm model trains about your upcoming trip.
by Edvinhp July 5, 2022
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by QuacksO August 12, 2021
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