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	<title>Strategy @ Risk &#187; Macro risk</title>
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	<description>Understanding risk, creating value</description>
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  <link>http://www.strategy-at-risk.com</link>
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  <title>Strategy @ Risk</title>
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		<title>Stochastic Balance Simulation</title>
		<link>http://www.strategy-at-risk.com/2010/05/24/balance-simulation/</link>
		<comments>http://www.strategy-at-risk.com/2010/05/24/balance-simulation/#comments</comments>
		<pubDate>Mon, 24 May 2010 20:02:31 +0000</pubDate>
		<dc:creator>S@R</dc:creator>
				<category><![CDATA[Balance sheet and P&L simulation]]></category>
		<category><![CDATA[Balance sheet simulation]]></category>
		<category><![CDATA[Corporate Strategy]]></category>
		<category><![CDATA[Corporate risk analysis]]></category>
		<category><![CDATA[Macro risk]]></category>
		<category><![CDATA[P&L simulation]]></category>
		<category><![CDATA[Balance simulation]]></category>
		<category><![CDATA[DFA]]></category>
		<category><![CDATA[Dynamic Financial Analysis]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[Ledger]]></category>
		<category><![CDATA[Monte Carlo]]></category>
		<category><![CDATA[P&L]]></category>
		<category><![CDATA[Simulation modeling]]></category>
		<category><![CDATA[Trial balance]]></category>

		<guid isPermaLink="false">http://www.strategy-at-risk.com/?p=1705</guid>
		<description><![CDATA[We know that forecasts based on average values are on average wrong.  In addition deterministic models will miss the important dimension of uncertainty - that gives both the different risks facing the company and the opportunities they produce.]]></description>
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		<title>A short presentation of S@R</title>
		<link>http://www.strategy-at-risk.com/2010/04/03/a-short-presentation-of-sr/</link>
		<comments>http://www.strategy-at-risk.com/2010/04/03/a-short-presentation-of-sr/#comments</comments>
		<pubDate>Sat, 03 Apr 2010 15:45:03 +0000</pubDate>
		<dc:creator>S@R</dc:creator>
				<category><![CDATA[Balance sheet and P&L simulation]]></category>
		<category><![CDATA[Balance sheet simulation]]></category>
		<category><![CDATA[Corporate Strategy]]></category>
		<category><![CDATA[Corporate risk analysis]]></category>
		<category><![CDATA[Macro risk]]></category>
		<category><![CDATA[Modelling]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[P&L simulation]]></category>
		<category><![CDATA[Uncertainty]]></category>
		<category><![CDATA[Forecast modeling]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk modeling]]></category>
		<category><![CDATA[Simulation modeling]]></category>

		<guid isPermaLink="false">http://www.strategy-at-risk.com/?p=1612</guid>
		<description><![CDATA[Most companies have some sort of model describing the company’s operations - but...]]></description>
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		<slash:comments>1</slash:comments>
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		<title>WACC, Uncertainty and Infrastructure Regulation</title>
		<link>http://www.strategy-at-risk.com/2010/02/08/wacc-and-infrastructure-regulation/</link>
		<comments>http://www.strategy-at-risk.com/2010/02/08/wacc-and-infrastructure-regulation/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 16:18:44 +0000</pubDate>
		<dc:creator>S@R</dc:creator>
				<category><![CDATA[Balance sheet simulation]]></category>
		<category><![CDATA[Costs]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[Modelling]]></category>
		<category><![CDATA[Uncertainty]]></category>
		<category><![CDATA[Capital cost]]></category>
		<category><![CDATA[Cost of debt]]></category>
		<category><![CDATA[Cost of equity]]></category>
		<category><![CDATA[Fan Charts]]></category>
		<category><![CDATA[Infrastructure Regulation]]></category>
		<category><![CDATA[Telecom]]></category>
		<category><![CDATA[WACC]]></category>

		<guid isPermaLink="false">http://www.strategy-at-risk.com/?p=1525</guid>
		<description><![CDATA[Calculating Wacc for a company for a number of years into the future is not a trivial task. Wacc is no longer a single value, but a time series with values varying from year to year. ]]></description>
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