Best CP Ever, Ever!!!

Today we had Prof.Tom Nohel's last class on Investment Analysis. We discussed the case we had submitted today morning for the first hour and then we moved on to discussing Earnings Multiples and Book Value Multiples. Deep into the lecture, Tom posed a question about Toyota and Ford. He asked why firms like Toyota and Ford differ in their multiples even though they are in the same industry or whatever. I really dont remember the correct question.

The best part was the answer. My dear friend Anuradha, who is also in my group, suddenly woke up from her sleep (She'd put in a lot of work for the assignment yesterday - in fact, she also met up with the Prof, late that evening, to clarify her questions).



So, to continue the legacy of having impressed the Prof with the questions yesterday, she decided to make a better impact by giving an answer for a class that had NO POINTS for class participation.

And she goes - "The multiple maybe different because Ford is European". Till then, most of the whole class was doing everything but listen to the Prof and when the words Ford and European was heard, the class went "AW" and the next moment the whole class is laughing loud and banging on the desk. The Prof couldnt control his laughter too. He went on to acknowledge the statement and made a big joke out of it.