Davide Tait
All courses

Module 8 · Coming soon

Living Assets

Livestock, racehorses and Nishikigoi valued like a cash flow business.

9 episodes2h 45mEntry · Intermediate · Advanced
Course on The Alternatives
Living Assets

Living assets appreciate and die. That single fact changes every valuation method you would use elsewhere.

This module treats breeding stock as an operating business: growth curves, genetics premiums, biosecurity costs and auction cycles.

What you will learn

  • Map the living asset universe: livestock, racehorses, breeding stock, Nishikigoi
  • Use biological growth curves and lineage valuation multipliers
  • Read auction dynamics and dealer versus auction spreads
  • Model mortality actuarially and forecast breeding cash flow yield

Episode curriculum

Entry

  1. Biological assets overview18m
  2. Livestock, racehorses and breeding stock20m
  3. Nishikigoi: grading and breeders22m

Intermediate

  1. Biological growth curves23m
  2. Genetics and lineage multipliers24m
  3. Auction dynamics and price discovery21m

Advanced

  1. Actuarial mortality modelling27m
  2. Biosecurity, insurance and carry drag23m
  3. Cash flow yield from breeding cycles26m