Remove 2015 Remove Math Remove Valuation
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A Billion Dollars isn’t Cool

The Irrelevant Investor

When The Wall Street Journal first published "The Billion Dollar Startup Club" in February 2015, 84 companies had the rare unicorn status. A private company with a billion-dollar valuation used to be special. Today there are 1,000 of 'em. Now it's ordinary. These numbers, which felt crazy at the time, seem quaint compared to today.

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It's All Relative

Brown Advisory

As we discuss in this article, this approach has directly contributed to our outperformance during the most recent period of rising interest rates dating from the end of 2015. MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall.

Taxes 52
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It's All Relative

Brown Advisory

As we discuss in this article, this approach has directly contributed to our outperformance during the most recent period of rising interest rates dating from the end of 2015. Simple math dictates that when yields rise, fixed-rate bond prices fall. MUNICIPALS AND RISING RATES. Floating On Cloud Nine.

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From Rocket Ship to Roller Coaster

Investing Caffeine

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. Many people have short memories and forget the Fed hiked interest rates 10 times from the end of 2015 through 2018. Source: Calafia Beach Pundit.

Math 52
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Happy Anniversary!

The Irrelevant Investor

Needless to say, when stocks are going straight up, some funky things happen to valuations. The math on this one, wow. Money managers who pay attention to the traditional measures of valuation post horrible results and see customers flee. Each one likely felt like the end, but every time stocks just turned and kept going higher.

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Global Leaders Strategy Investment Letter: January 2024

Brown Advisory

We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. Both types of error are due to a combination of either mis-assessing the business quality or its valuation (or both). nor on valuation and IRR in order to avoid type 1 errors of inclusion.

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Transcript: Graeme Forster, Orbis Investments

The Big Picture

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. Then the volatility and, and the valuation makes an enormous difference.

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