Goblins,
Now is the time for you to decide whether you’re going after this or not. Thanksgiving break is a critical prep time to set yourself up for and execute on interviews.
Use GOBLINMODE to progress organically. USE THE KNOW + DON’T KNOW BUTTONS to truly get the full experience. Based on your feedback, the system will take you through:
The Accounting Foundation → Cash Flow & Capital Decisions → Valuation → Deal Mechanics & Strategy
Our system will bring you to interview-readiness.
Below is an absolutely spectacular piece on Answer Frameworks you can use to address any interview question.
Goblin Topic Pick: “Other Ratios” from Boutiques
☞ You have a sheet of 5 comps with EV/EBITDA multiples ranging from 8-10x, but one is at 20x. The VP says it looks wrong. What do you do? -Qatalyst
☞ Companies A and B have the same EV/EBITDA multiple but different P/E multiples. Why would this be? -PJT
☞ Is the company with a PE multiple of 20 acquiring a company with a PE multiple of 10 accretive or dilutive? -PWP
Platform Updates
The most efficient way to learn technicals.
We’ve considerably revamped this to carry you from start to finish. Mark questions as known or unknown and the algorithm will progress you thematically into harder questions, pulling back items for review
We’ll be adding some health bars to expose how this works in the backend shortly
Targeted study prep
A ton of new keywords added - system refined to surface more topics
Weekly Exploits
This Week: Answer Frameworks
Kill the rambling—structure is the primary signal of competence; if you can't organize your thoughts using skeletons like HERO or STAR-P, you signal that you will crumble under client pressure
Vocalize the logic—don't solve math or technicals in silence; use the CALC framework to walk the Setup → Approach → Steps cleanly so they see your process is sound even if the final number drifts
Anchor the narrative—most candidates recite a chronological bore; use the Hero’s Journey to force a logical arc from your background to the bank, proving your move is a calculated pivot, not a random wander
Audit the tape—passive reading creates a false sense of security; you must record your answers, listen for the ramble, and drill the framework until the structure is invisible and only the content remains
→ Read the full article here.
Last Week: DTA & DTL
Master the core rule—DTA means "I paid tax early or have a credit," DTL means "I paid tax late"—then lock down 2–3 scenarios for each so you can explain why the timing difference exists
Answer what's asked, then stop—don't explain Section 179 or AMT adjustments; walk the IS → CF → BS mechanics cleanly and let them pull you into reversals if they want depth
Thread the full loop: timing difference creates the asset/liability, cash flow shows the tax paid vs. booked, balance sheet unwinds when timing flips—show you don't just know DTA goes up, you see how cash and GAAP tax diverge across statements
The scenario doesn't need to be complex, it needs to be traceable—interviewers test whether you can walk NOL or accelerated depreciation through all three statements without breaking, not whether you memorized every book-tax difference
→ Read the full article here.
If you thought I wouldn’t get an article out because it’s Thanksgiving break congratulations you played yourself.
Ever yours,
The Offer Goblin
AND ONE MORE THING …. don’t ever play yourself