Steve Sanduski

AUGUST 22, 2023

John Furey and I discuss: John’s thoughts on the 2005-2010 “breakaway movement” that created so many new RIAs versus where the industry is today. Why there is a disconnect between the valuation level of private advisory firms and publicly traded firms.

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Truemind Capital

JANUARY 22, 2024

Valuation/Prices at which you invest (the difficult part) Now, if you do some thorough research and gain some insight to feel confident about better future growth prospects of any particular sector/theme you can still lose a significant amount of money or get poor returns even if your understanding was right. Let me share two examples: 1.

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Validea

OCTOBER 5, 2022

Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. 12/31/2010 1.4% 12/31/2010 26.1% By Jack Forehand, CFA, CFP® ( @practicalquant ) —. Year End Date Negative Earner Percentage 12/30/2005 1.1% 12/29/2006 1.2% 12/31/2007 1.0% 12/31/2008 2.1% 12/31/2009 4.9%

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The Big Picture

NOVEMBER 8, 2022

And he did — when I met him, let’s say in 2010, he acknowledged that they’ve got things wrong. Now, not too long ago, just before the pre-pandemic period, like late 2010s, they kind of came out when Dow first crossed 36,000. What valuations will we place upon the house that we’re purchasing?

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Validea

MAY 5, 2023

And much like the investors and analysts who didn’t heed his warnings in 2008 or in the years since regarding the Dodd-Frank Act of 2010 and loose monetary policy, he doesn’t expect many to listen to him now.

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Brown Advisory

APRIL 1, 2015

In Engines That Move Markets, a 2002 book about the cycles of technology investing, Alasdair Nairn defines “bubbles” as periods when investors appear to suspend rational valuation, much as they had during the dotcom craze shortly before the book was published. Unsurprisingly, as volume has increased, so have valuations. Possible Signs.

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The Irrelevant Investor

JANUARY 5, 2021

2010 - Have Cash, Wait for Stocks to Fall 2011 - Grantham sees most global equities as ranging from “unattractive” to “very unattractive” – valuing the S&P 500 at “no more than 950.” Investor enthusiasm, coupled with high valuations, has preceded all major market bubbles. It's been over four years since he wrote this.

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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.

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The Big Picture

AUGUST 20, 2024

And so in the 1990s, I developed the, the late 1980s, early 1990s, I developed a skillset around valuation, in particular discounted cash flow or residual income type models, along with a couple of peers out of the consulting industry. It pushes valuations higher over time. You didn’t even have Uber in 2010.

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Brown Advisory

MAY 31, 2017

Throughout this period, we often saw windows in which we believed that European valuations were more attractive, but we were cautious due to Europe’s high debt levels and struggles to generate economic growth. But after more than six years, we are ending this stance, and recommending a return to a neutral weighting in European stocks.

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Brown Advisory

MAY 31, 2017

Throughout this period, we often saw windows in which we believed that European valuations were more attractive, but we were cautious due to Europe’s high debt levels and struggles to generate economic growth. But after more than six years, we are ending this stance, and recommending a return to a neutral weighting in European stocks.

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Aleph

APRIL 4, 2022

As I said there: This brings me to my conclusion: stock splits are a momentum effect, but it is larger when companies are still have a cheap valuation. Perhaps splits have no effect on stock performance — it is all momentum and valuation. On Stock Splits. One of those impacts is rule number three. I am a happy man.

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The Big Picture

OCTOBER 24, 2022

And how do we think about them from a valuation perspective? And actually, that sweet, that collection of strategies, which is in the Morningstar alternatives fund is where a lot of our portfolio managers were turning to at the end of last year when, you know, fixed income is so poor on a prospective basis, equity, valuations are really high.

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The Irrelevant Investor

MAY 6, 2017

I won't comment on the valuation of these companies, they can still be cheap for all I know, but the idea that you should put 10% of your money in these stocks and the rest in an index seems redundant. I'm going back to 2010 and assuming a portfolio that invested $1,000 into each of Apple, Amazon, Google and Netflix, and never rebalanced.

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ClearMoney

DECEMBER 5, 2021

Gox, a Tokyo-based bitcoin exchange launched in 2010, was at one time the world’s largest bitcoin intermediary, handling over one million accounts in 239 countries and more than 90% of global bitcoin transactions in 2013.

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The Better Letter

MARCH 23, 2023

In March of 2010, Jordan paid $275 million for his interest. Issue 147 (March 24, 2023) 1 The Phoenix Suns just changed hands at a $4 billion valuation. Forbes valued the team, as of last October, at $1.7 Rich men have a long history of paying far more than expected value 1 for sports franchises, perhaps the ultimate ego investment.

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Trade Brains

APRIL 22, 2024

Due to the vast diversification of Thermax, and its ventures in the solar & green energy space the Company has been commanding sky high valuations of 113x price-to-earnings. JNK predominantly is just a manufacturer of process-fired heaters, reformers, and cracking furnaces. Compared to peers, JNK with basic earnings of Rs.

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Carson Wealth

JANUARY 22, 2024

While our outlook is for a favorable economic backdrop for credit-sensitive bonds, we’ve grown somewhat more cautious because credit spreads are already tight and we see more upside for equities, including some pockets of attractive valuations. The average yield from 2010-2021 was just 2.34%. 16 was 4.65%.

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Harness Wealth

FEBRUARY 27, 2023

Related reading: SPAC vs. Traditional IPO: Valuation, Lockup Period, and Employee Equity Founders have more options for reducing the tax consequences of an acquisition Founders are generally in the best position to engage in tax planning and limit the taxable consequences associated with an acquisition.

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Trade Brains

DECEMBER 8, 2022

liters in 2010. India is one of the fastest-growing alcoholic beverage markets in the world, growing from a small base of 1.3 liters per capita of recorded consumption in 2005 to 2.7 However, India’s per capita consumption of wine is less than 100 ml.

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The Big Picture

DECEMBER 19, 2023

And when they look at a sector, they want to be long, the very best stocks at the best valuations they can, and short the worst stocks at the worst valuations. So in 2010, when they were looking for someone to start their healthcare team in San Francisco, I, I jumped at the opportunity, right?

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Trade Brains

SEPTEMBER 21, 2023

The Company was awarded the Maharatna status in 2010. The Company currently trades at a PE valuation of 11.73x, which is slightly higher than its peer Maharatnas. ONGC was set up under the leadership of Pandit Jawahar Lal Nehru, in 1955. It owns Companies like HPCL, MRPL, Petronet LNG, Prize Petroleum, etc. in FY22 to 41,622 Cr.

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Brown Advisory

MARCH 30, 2020

We’ve also seen several short-term dislocations in recent years, which quickly corrected for the most part, such as the “Flash Crash” of 2010 (in which the Dow Jones Industrial Average dropped 600 points point within five minutes and largely bounced right back within a half-hour), as well as other similarly dramatic one-day events since (see chart).

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Brown Advisory

MARCH 30, 2020

High standard deviations from the norm tells us that these events were extremely unlikely (the 2010 "Flash Crash" was, according to statistics, a once-in-404-billion-years event), but they all happened, suggesting that modern market conditions are more conducive to such occurrences than what we have seen in the past. Reference Market/Index.

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Brown Advisory

AUGUST 6, 2019

Ever since Taylor joined our firm in 2010, I’ve been deeply impressed with his understanding of the markets and his intellectual curiosity with respect to all types of investments. Valuations are elevated but nowhere near the bubble levels of the late 1990s. A cool change indeed. GDP than it was 100 years ago.

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Brown Advisory

AUGUST 6, 2019

Ever since Taylor joined our firm in 2010, I’ve been deeply impressed with his understanding of the markets and his intellectual curiosity with respect to all types of investments. Valuations are elevated but nowhere near the bubble levels of the late 1990s. A cool change indeed. GDP than it was 100 years ago.

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The Big Picture

DECEMBER 6, 2022

Because the reality, you know, I will tell you like a quick anecdote, in 2010, when we wanted to launch the first ETF, the Global X Lithium and Battery Tech ETF, we actually went through the process of calling all of the index providers to see if they wanted to work with us on the development of this idea. It’s really a blast.

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Brown Advisory

AUGUST 1, 2019

Background Since January 1, 2010, all individuals, regardless of income levels, have been able to convert existing retirement accounts such as traditional IRAs into Roth IRAs. In such a case, one could reverse the taxes that one had paid based on a much higher account valuation, and re-establish the account as a traditional IRA once again.

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Brown Advisory

AUGUST 1, 2019

Since January 1, 2010, all individuals, regardless of income levels, have been able to convert existing retirement accounts such as traditional IRAs into Roth IRAs. In such a case, one could reverse the taxes that one had paid based on a much higher account valuation, and re-establish the account as a traditional IRA once again.

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Brown Advisory

MARCH 13, 2018

which has declined from over 6% at the end of the financial crisis in 2010 to less than 2.5% The future course of interest rates is probably the greatest single concern for investors today, from both a fundamental and a valuation perspective. Spending has been supported recently by a reduction in the personal savings rate in the U.S.,

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Brown Advisory

MARCH 13, 2018

which has declined from over 6% at the end of the financial crisis in 2010 to less than 2.5% The future course of interest rates is probably the greatest single concern for investors today, from both a fundamental and a valuation perspective. Spending has been supported recently by a reduction in the personal savings rate in the U.S.,

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The Big Picture

AUGUST 15, 2023

SEIDES: But market returns across — RITHOLTZ: The past decade, 2010 to 2020, we were what? So I think that argument is very valid in those couple of years, 2009, 2010 probably, maybe 2011, which was a tough year for hedge funds. What’s the valuation? RITHOLTZ: Oh no, it’s much worse. SEIDES: It’s lower.

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The Better Letter

JANUARY 26, 2024

In The Next Great Bubble Boom: How to Profit from the Greatest Boom in History: 2006-2010 , published in January 2006, Dent doubled down on his earlier predictions for the 2000s and called for big gains through the rest of the decade. High on that success, as of September 2010, Hussman managed $6.7 2020 : “[E]xtreme valuations.

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The Big Picture

DECEMBER 14, 2022

Kathleen has been with Blackstone since 2010. RITHOLTZ: So I’m glad you mentioned that because before we get to 2010 when you moved to Blackstone, let’s talk about a tough environment. 2008 through 2010 was a particularly tough and very formative experience. That’s really an astonishing return.

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Brown Advisory

SEPTEMBER 17, 2021

An acceleration to 2022 of the rollback of the gift/estate and GST lifetime exemptions from current levels (set in 2017) to the levels under prior law ($5 million exemption indexed for inflation starting in 2010). The elimination of certain valuation discounts frequently used in connection with estate planning transactions.

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Trade Brains

JULY 4, 2023

Best Discount Brokers in India 2023 (Updated): With the rise of Zerodha, the first discount broker which was founded in 2010, the Indian broking industry saw a massive disruption. The startup also became a unicorn in 2021 with a valuation of over $3 Billion. Upstox started as RKSV in 2012 and rebranded to Upstox in 2015.

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The Big Picture

AUGUST 16, 2022

RITHOLTZ: You were awarded for buying the dip in 2010 when we had the flash crash. And last market question, so we’ve seen equity valuations come down. I get the sense you’re expecting cheaper valuations, if not much cheaper valuations. TROPIN: Well, I wouldn’t go so far as to say much cheaper valuation.

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