Trade Brains

APRIL 24, 2023

The share price of a company has nothing to do with the company’s valuation. About 173 stocks have given over 10 times the returns between January 2001 and December 2019. In 2001 its price was 0.50 Moreover, around 3500 companies listed on the Indian stock market have a share price of less than Rs 500 per share.

Manufacturing 98

Manufacturing Food Pharmaceutical Investing 98

The Irrelevant Investor

JANUARY 3, 2017

Amazon's stock has received a lot of attention over the years because its performance has been off the charts while maintaining a nosebleed valuation that has been the envy of their competition. It fell 15% in just three days 107 different times, it has lost 6% in a single day 199 times, and it fell 95% from December 1999 to October 2001.

Valuation 52

Valuation Portfolio Retail Investing 52

Trade Brains

JANUARY 23, 2024

EV Charger In the realm of Electric Vehicle (EV) Chargers, Servotech is a prominent manufacturer with a rich history in charging solutions, dating back to their work in inverters and UPS since 2001. The extent of this growth and its impact on the company’s valuation remains a topic for discussion and speculation.

Medical 69

Medical Manufacturing Government Portfolio 69

Brown Advisory

JUNE 16, 2021

In March 2021, we started to see nonearners’ performance roll over, which is more in line with historical averages; for the 2001–2021 period, earners outperformed nonearners by 3% on an annualized basis. Note: 2001-2021 period is annualized. Exhibit 3: Sector composition of R2G Source: FactSet. GICS Sectors. Data as of March 31, 2021.

Valuation 52

Valuation Investing Investments Government 52

Brown Advisory

JUNE 16, 2021

In March 2021, we started to see nonearners’ performance roll over, which is more in line with historical averages; for the 2001–2021 period, earners outperformed nonearners by 3% on an annualized basis. Note: 2001-2021 period is annualized. Exhibit 1: Performance of earners vs. nonearners. Exhibit 3: Sector composition of R2G.

Valuation 52

Valuation Investing Investments Government 52

Dear Mr. Market

MARCH 11, 2023

IBM loses to QCOM based on valuation. Sticking back to the balancing theme of quality businesses, great valuations, meshed with the reward of a dividend, you get Ford yielding 4.62% and Conoco only at 2.16% but trading for a bargain P/E of 7. From 1980 to 2001 gold decreased -67% while inflation rose +126%.

Investing 101

Investing Investments Portfolio Assets 101

The Big Picture

JULY 24, 2023

The fact that you’ve got declining risk appetite, declines are prolonged, deep and valuations mean revert. The second, and what’s interesting about that period, is the fact that valuations actually peaked in 1961. MIAN: Valuations are ebb and flow. RITHOLTZ: So let’s take a couple of examples. RITHOLTZ: Right.

Marketing 130

Marketing Marketing Economy Valuation 130

The Big Picture

SEPTEMBER 23, 2024

He also spent time at Sebus and More Capital before launching his own firm in 2001. But that valuation, to be able to come up with the valuation, to be then able to work in a restructuring process, bankruptcy process, and say, Hey, I think at the end of this, we are buying debt at 50 cents. It could be worth 80, 90 cents.

Banking 147

Banking Investing Investments Assets 147

Trade Brains

DECEMBER 22, 2022

3 billion market valuation, after TCS and Infosys. It was founded by ten IT professionals and funded by the Venture Capital firms Walden International and Sivan Securities and received additional funding from the Capital Group and Franklin Templeton in 2001. 3 billion market valuation. Recently, Wipro Ltd. 4) HCL Technologies.

Consulting 52

Consulting Marketing Marketing Engineering 52

Brown Advisory

NOVEMBER 1, 2023

Further, estate taxes in many states have been outright eliminated in the 21st century; before 2001, all 50 states had an estate tax, but today, there are only 12 (plus an additional six with various forms of inheritance taxes). There are other ways to generate valuation discounts through indirect gifting strategies.

Accounting 52

Accounting Taxes Assets Clients 52

The Big Picture

OCTOBER 24, 2022

The managed portfolio business began in 2001. And how do we think about them from a valuation perspective? You said earlier, valuations were historically high both stocks and bonds late 2021, right about now, what are we? RITHOLTZ: When did the investment management side of the business began? RITHOLTZ: I remember that.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

JULY 26, 2022

When you launched in 2001, you started with $50 million, $55 million, something like that? And since we look at both private and public markets, what do you think of in terms of valuation? WEAVER: And you know what, like, it doesn’t matter if it’s crypto or software valuations or the Internet. WEAVER: Yeah.

Consulting 298

Consulting Numbers Management Investing 298

Steve Sanduski

JANUARY 20, 2023

Tech company valuations were cratering, but interest in tech was still high thanks to the exploding popularity of the internet. But Michael draws some important distinction between today and 2000-2001. I talked to Michael about the opportunity in private equity and how he and his team analyze and invest in the B2B software market.

B2B 52

B2B Investing Investments Media 52

Dear Mr. Market

MARCH 17, 2024

EOG is poised to breakout and trades at bargain valuation of about nine times earnings (relative to the S&P at 23 times earnings and a touch under the overall energy sector of 12 times earnings). That said, it loses early in round one simply due to us believing it’s close to full valuation and due for a breather.

Investing 93

Investing Investments Portfolio Assets 93

James Hendries

NOVEMBER 1, 2022

The steady climb in mortgage rates to over 7% for the first time since 2001 has stopped the parabolic rise in housing prices. It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio.

Marketing 52

Marketing Marketing Manufacturing Economy 52

Carson Wealth

JANUARY 22, 2024

Waller noted that in the past the Fed had lowered rates reactively, quickly, and by large amounts, but that was after shocks to the economy threatened recession (like in 2000-2001 and 2007-2008). However, this time he sees no reason to “move as quickly” or “cut as rapidly” as in the past.

Marketing 97

Marketing Marketing Economy Portfolio 97

The Irrelevant Investor

JANUARY 21, 2021

Stocks flooded the market, and valuations stretched into the stratosphere. By the time sales peaked in July 2001, tech had already lost 60% of its market cap. These businesses are growing fast, and their share prices are growing even faster. We've seen this prequel before. Sound familiar? It's not so black and white. Heck if I know.

Sales 52

Sales Valuation Marketing Marketing 52

The Big Picture

MAY 9, 2023

And then I was the beneficiary of the TMT bubble bursting in 2001. One, when people have asked me to compare and contrast today versus 2007, 2008, what you hear from a lot of people is, yes, there’s some fairly heady valuations. So the whole sector that I was covering went bankrupt. We’ve seen a couple of these events now.

Assets 299

Assets Clients Investing Investments 299

Trade Brains

FEBRUARY 2, 2024

The company was incorporated in 2001. They believe the stock is undervalued or the business is buoyant based on their assumptions and valuation. .) ₹ 23,062 EPS (TTM) ₹ 19.44 Stock P/E (TTM) 34.17 Promoter Holdings (%) 20.83% FII Holdings (%) 61.87% RoE 21.34% RoCE 12.12% Enterprise Value (Cr.) ₹ 24,771.03 Price to Book Value 7.29

Healthcare 59

Healthcare Wealth Management Insurance Financial Services 59

James Hendries

JUNE 20, 2023

Despite raising rates by 5% over the past 15 months, the majority of the Committee, not just the median policymaker, sees at least two more 0.25% rate hikes this year, which would take the fed funds rate to 5.625%—the highest level since 2001. It is also a major component used to calculate the price-to-earnings valuation ratio.

Marketing 52

Marketing Marketing Economy Communication 52

Brown Advisory

SEPTEMBER 20, 2017

After joining the investment industry in 2001, he served as director of research at two firms, creating a small-cap growth strategy at one of them before joining Brown Advisory in 2014. While valuation is critical to our approach, it occurs near the end of our process. Second, we keep a keen eye on valuation.

Portfolio Management 52

Portfolio Management Portfolio Management Investing 52

Brown Advisory

SEPTEMBER 20, 2017

After joining the investment industry in 2001, he served as director of research at two firms, creating a small-cap growth strategy at one of them before joining Brown Advisory in 2014. While valuation is critical to our approach, it occurs near the end of our process. Second, we keep a keen eye on valuation.

Portfolio Management 52

Portfolio Management Portfolio Management Investing 52

The Big Picture

MAY 7, 2024

So I got the job as Chief Revenue Officer of MSN in 2001. I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. My husband wasn’t that excited to come to New York City, and so I said, I have to go beg, borrow, and steal my way into a technology company. One to 13.

Startup 147

Startup Advertising Engineering Numbers 147

Mr. Money Mustache

MAY 20, 2022

True to form, she got back to me within just a few minutes with these thoughts: MMM: How should potential retirees think of the recent crash in valuation – has it really pushed out their retirement date, or not? Lauren: It depends on how flexible you are willing to be with your spending.

Marketing 53

Marketing Marketing Retirement Investing 53

Investing Caffeine

DECEMBER 2, 2024

Dissecting Stock Performance & Valuations A lot of pundits are pointing to an overheated market, but on a 3-year basis, returns are looking more normalized (+8.2% Time will tell. per year) because of the -20% hit on stocks during 2022. Source: Yardeni.com As always, the future is uncertain, and risks abound for next year.

Marketing 52

Marketing Marketing Valuation Economics 52

The Big Picture

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. RITHOLTZ: So you lasted two or three years, and then you get tapped to go to London in 2001. BARATTA: In November of 2001, when I moved over — RITHOLTZ: Sure.

Assets 162

Assets Investing Investments Valuation 162

The Big Picture

APRIL 11, 2023

 The transcript from this week’s, MiB: Aswath Damodaran: Valuations, Narratives & Academia , is below. You’re known as the dean of valuation. He said, oh, dean of valuation, it’s easier to say. So let’s start with the question, what led you to focus on valuation? RITHOLTZ: Right. And I said, why?

Valuation 298

Valuation Education Numbers Government 298

The Big Picture

MAY 21, 2024

So it’s been, you know, back in, in 2001, strategists were telling you to put about 70% of your money in stocks. But what we’ve all realized over the last, you know, 20 years since Reg FD in 2001 is that management games, their numbers, and then they beat these made up numbers systematically.

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

NOVEMBER 21, 2023

And we sold our stake in the business to Barry Diller in 2001. It was about $170 million valuation. 00:59:32 [Speaker Changed] So, so in late 21, 20 22, valuations had gotten a touch frothy in, in both the public and the private markets. We would eventually, not only eventually, so that was 1999. I became co CEO of the business.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

JUNE 3, 2024

So that was in, that was in 2001 early then. And so I’ve noticed that me coming in 2001, think about it, not really a great equity market Barry Ritholtz : Dot.com implosion. And you know, it’s the same thing when valuation gets outta control too. Valuations are tight, they’re tight for a reason.

Math 147

Math Marketing Marketing Engineering 147

The Big Picture

FEBRUARY 20, 2024

Not only were they late to start tightening in, in 2001, they they 2021, they were late to recognize inflation peaked in 22. But we had a very mild recession in 2001. So you need to talk to three or four people to sort of triangulate and figure out what you think is really going on. And I thought, oh boy, we’re in big trouble.

Banking 147

Banking Economy Marketing Marketing 147

Brown Advisory

MAY 16, 2016

Reported earnings don’t grow every year due to the business cycle and occasional outsized insurance losses (2001), but the progress over time is clear. Low rates also raise valuations for business acquisitions. A quarter-point difference doesn’t sound like much, but on $60 billion [Berkshire’s cash balance], it is still painful.

Insurance 52

Insurance Banking Investing Investments 52

The Big Picture

FEBRUARY 7, 2023

COHAN: His memoir came out literally on September 11th, 2001. And this book comes out on September 11, 2001. So as part of the publicity that got picked up in October of 2001, by the way, the book was a big bestseller. So as part of the publicity that got picked up in October of 2001, by the way, the book was a big bestseller.

Engineering 259

Engineering Banking Numbers Management 259