12min chapter

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Projection vs Reality: Avoid These Financial Modelling Mistakes - Danielle Stein Fairhurst | Ep.068

The Adam Shilton Podcast

CHAPTER

Financial Modeling Challenges and Best Practices

The chapter explores participation in financial modeling competitions and events, discussing the challenges of software updates and the importance of evergreen content. It emphasizes the need to separate inputs from calculations in models, focusing on clear definitions, proper documentation, and linking calculations to input cells. Additionally, it clarifies the purpose of financial modeling as a problem-solving tool based on accurate data, cautioning against rushing into advanced tools and advocating for Excel proficiency and hands-on experience for skill development.

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