Abnormal Returns

MARCH 20, 2024

morningstar.com) Real assets can be a portfolio drag during periods of quiescent inflation. marginalrevolution.com) Finance Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. Strategy Ten things to know about building a diversified portfolio.

Financial Advising 253

Financial Advising Startup Valuation Economy 253

The Big Picture

JANUARY 30, 2023

My back-to-work morning train WFH reads: • Breakup of Google’s Ad Business Would Reshape $500 Billion Sector : If government prevails, an asset spinoff is thought to be more likely than a sale. Businessweek ) • The Billions-Dollar VR/AR Headset Question : The appeal and utility of all-day AR glasses is obvious. One hadn’t noticed.

Government 278

Government Valuation Media Banking 278

Discipline Funds

OCTOBER 9, 2024

On the one hand you might assume that high valuations are bad because “expensive” usually implies bad. On the other hand, you could argue that high valuations simply reflect a price premium. The way I like to think about valuations is that they’re reflective of long-term price premiums.

Valuation 95

Valuation Economy Financial Planning Economics 95

The Big Picture

JUNE 28, 2024

This week, we speak with Eva Shang , co-founder, general partner, and chief executive officer of Legalist , an institutional alternative asset management firm. She leads the company’s 35-person team of engineers, attorneys, and analysts, and is a member of the firm’s valuation and investment committees.

Engineering 182

Engineering Valuation Government Accounting 182

Nerd's Eye View

JUNE 27, 2023

Eric is the Founder and CEO of Beyond Your Hammock, an independent RIA based in Boston, Massachusetts, that oversees $47 million in assets under management for more than 80 client households. My guest on today's podcast is Eric Roberge.

Financial Advisor 217

Financial Advisor Clients Valuation Communication 217

The Big Picture

AUGUST 1, 2023

Recall John Kenneth Galbraith’s observation: “The only function of economic forecasting is to make astrology look respectable.” But we won’t know how big a losing trade it might be until early 2024, when we see the updated valuations. Investors hold asset classes, to benefit from long-term value creation and compounding.

Economics 246

Economics Valuation Marketing Marketing 246

Dear Mr. Market

APRIL 2, 2025

We break down and assign each of the four regions with an asset class and then pick teams (stocks) that we think have the best chance at doing well relative to others. Historically, this bracket has been dominated by the tech sector, but after years of outsized gains, big tech valuations are stretched.

Investing 62

Investing Investments Valuation Advertising 62

Mish Talk

NOVEMBER 8, 2022

Valuation Plunge The 44 percent rally was due to the announcement of a deal with Binance. FTX founder Bankman-Fried said his first priority was to protect customer assets. It was all over in a matter of about 4 hours, rally to bottom. FTX was valued at $32 billion in a funding round in January. The answer is no. I have questions.

Valuation 247

Valuation Assets Marketing Marketing 247

Abnormal Returns

FEBRUARY 16, 2023

howardlindzon.com) Private assets Why private equity needs much better valuations. bloomberg.com) Economy What does a 'no landing' economic scenario look like? (nytimes.com) AI requires a lot of semiconductors. ft.com) Why where investors mark the portfolios can be all over the place. pragcap.com) Fidelity is hiring!

Financial Advising 147

Financial Advising Engineering Valuation Retail 147

Abnormal Returns

AUGUST 15, 2022

kitces.com) Daniel Crosby talks with Melina Palmer is founder and CEO of The Brainy Business, which provides behavioral economics consulting to businesses of all sizes from around the world. investmentnews.com) Advisers What is happening with RIA valuations? riabiz.com) Alternative assets are a mine field for advisers.

Financial Planning 130

Financial Planning Valuation Consulting Retirement 130

Carson Wealth

MAY 23, 2024

While a critical decision, it’s often given significantly less thought than the distribution of your assets. One of the most important decisions you’ll make when designing your estate plan is who to name in the various fiduciary roles: trustee, personal representative, executor and agent.

Estate Planning 119

Estate Planning Planning Distribution Valuation 119

Calculated Risk

NOVEMBER 26, 2024

A couple of participants observed that the banking system was sound but that there continued to be potential risks associated with unrealized losses on bank assets. A couple of participants noted concerns about asset valuation pressures in other markets. emphasis added

Banking 124

Banking Economy Commission Economics 124

The Big Picture

JULY 21, 2023

History shows that we don’t have to be satisfied with the economic and intellectual limits of the age in which we live ( Discourse ) • The Best Way to Save American Lives on the Road : France, unlike America, but like almost every other rich country on earth, has worked out how to make its roads safer. Don’t buy it.

Engineering 239

Engineering Valuation Communication Media 239

Mish Talk

NOVEMBER 9, 2022

Valuation Plunge The 44 percent rally was due to the announcement of a deal with Binance. FTX Token is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS). Today's chart will follow. FTX chart courtesy of CoinDesk. Price points added by Mish. FTX was valued at $32 billion in a funding round in January.

Valuation 306

Valuation Marketing Marketing Banking 306

Validea

MARCH 13, 2025

His model is both conservative and disciplined, focusing on balance sheet strength and attractive valuations. Strong Liquidity (Current Ratio 2) A companys current assets must be at least twice its current liabilities, ensuring financial stability. Reasonable Price/Book Ratio (P/B P/E 22) A safeguard against excessive valuations.

Valuation 52

Valuation Investments Investing Portfolio 52

Abnormal Returns

JULY 20, 2023

Strategy Why stock market valuations are logically higher today than they were in the past. blog.validea.com) Finance Blackstone ($BX) now manages more than $1 trillion in assets. marketwatch.com) What's driving economic pessimism? ofdollarsanddata.com) Why compounding is still unheralded. wsj.com) The U.S.

Financial Advising 130

Financial Advising Valuation Media Economy 130

The Big Picture

JULY 24, 2023

My back-to-work morning train WFH reads: • The Problem with Valuation. I have an issue with valuation models in general. Because basically all the valuation metrics tell the same story—U.S. An aging population that values its free time set the stage for economic stagnation. But its success is hard to replicate. (

Valuation 130

Valuation Economics Assets Clients 130

Carson Wealth

JUNE 16, 2023

If that’s the case with your organization, you could be missing out on the benefits of a business valuation, which can provide a comprehensive understanding of your company’s financial standing and overall health. What Is a Business Valuation? A business valuation is far harder to conduct during a crisis.

Valuation 52

Valuation Business Planning Planning Consulting 52

Nationwide Financial

APRIL 3, 2023

This either sets the stage for upward revisions as pessimism eases or suggests the S&P 500 has gotten ahead of itself, with a valuation of 18x forward earnings. Pessimists argue about still elevated inflation, tightening financial conditions, the risk to earnings estimates, and rising valuations. Consumer spending was up 0.2%

Marketing 105

Marketing Marketing Valuation Economics 105

Validea

OCTOBER 19, 2022

But investors may still want to consider layering in various other asset classes to help protect from this unexpected risk in the future. While some of that outperformance was due to improving fundamentals and earnings, most of it the returns came from the valuation investors assigned to these stocks. Source: [link]. Tool: [link].

Investing 128

Investing Investments Valuation Portfolio 128

Park Place Financial

NOVEMBER 29, 2022

Estates Estate Planning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Between inflation, increasing interest rates, federal changes to monetary policies, and global conflict, many factors are putting a strain on the current economic situation. Create a Trust .

Estate Planning 52

Estate Planning Economics Planning Financial Planner 52

Discipline Funds

SEPTEMBER 22, 2023

Consider your time horizons and personal asset-liability mismatch. What overbalancing does is keep your fully invested, but fully invested in a lower volatility portfolio at certain times where you’re especially uncomfortable with valuations or the broader economic outlook ( we would argue this is certainly one of those times ).

Portfolio 136

Portfolio Assets Insurance Investments 136

Trade Brains

OCTOBER 24, 2024

Several global and domestic factors have contributed to this downturn, including geopolitical tensions, regulatory changes, market valuations, and economic concerns. China’s Economic Stimulus: A Cause for Concern China’s efforts to stimulate its slowing economy have also impacted global markets, including India.

Valuation 97

Valuation Economy Economics Investments 97

The Big Picture

JUNE 29, 2023

My morning train WFH reads: • Gold Is No Longer a Good Hedge Against Bad Times : The precious metal has become just another cyclical asset, no longer a useful harbinger of social and economic collapse. Bloomberg ) • AI’s Winners, Losers and Wannabes : An NVIDIA Valuation, with the AI Boost! Slate ) • St.

Recruitment 130

Recruitment Transportation Valuation Consulting 130

Carson Wealth

JANUARY 16, 2024

DOWNLOAD OUR 2024 MARKET OUTLOOK The Macroeconomic Backdrop As we look to the year ahead, our proprietary Leading Economic Index (LEI) indicates even lower odds of a recession than 2023. Our Market Views This economic environment should support solid earnings growth and improved margins, leading to a good year for markets.

Investing 96

Investing Investments Marketing Marketing 96

Diamond Consultants

JUNE 1, 2023

Here are 3 valuation scenarios to address that curiosity. Focus Financial Partners, the largest investor in the independent space, is being taken private at a $7B valuation. Prolific RIA acquirer CI Financial recently monetized a stake in their business at a $5B valuation. Those are some eye-popping numbers.

Valuation 98

Valuation Recruitment Retirement Distribution 98

Dear Mr. Market

AUGUST 8, 2024

Fueled by optimism, the scent of economic recovery was in the air. Read more : Up the Stairs, Down the Shaft: The Tale of a Tumbling Market Economic indicators were trying to give us the thumbs up, and consumer confidence was inching higher. As we’ve written before, all the economic experts and doom and gloom crowd got it wrong.

Marketing 97

Marketing Marketing Economics Portfolio 97

James Hendries

MARCH 13, 2023

Instead, we got a shockingly fast collapse of a financial institution with over $200 billion in assets, which turned the market’s focus toward the stability of the banking system and what systemic risks banks might be facing. Recent economic data has pointed to continued growth—giving rise to the “no landing” narrative.

Assets 52

Assets Marketing Marketing Asset Allocation 52

Truemind Capital

APRIL 19, 2024

Indian equity benchmark BSE Sensex went up by only 2% due to already stretched equity valuations. Mid & small cap indices witnessed some correction after the SEBI expressed concerns regarding frothy valuations and nudged mutual funds to restrict inflows. Other Asset Classes: Gold sparkled in the last quarter, going up by 9%.

Financial Market 98

Financial Market Asset Allocation Marketing Marketing 98

The Big Picture

JULY 20, 2023

The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn. The firm’s focus is on major investment themes, and its clients include many of the world’s largest hedge funds and alternative asset managers. PIMCO ) • What Could Derail Private Credit’s Momentum?

Valuation 100

Valuation Assets Management Investments 100

Harness Wealth

FEBRUARY 4, 2025

In this article, well explore all the details of alternative investments, the reasons behind their growth as an investment choice, and how their tax treatment differs from traditional assets. Eligibility: Retail investors can purchase digital assets without accreditation, though some advanced products may have restrictions.

Taxes 52

Taxes Investing Investments Startup 52

The Big Picture

MARCH 20, 2024

Full transcript below. ~~~ About this week’s guest: Jim O’Shaughnessy, former chairman and founder of O’Shaughnessy Asset Management (now part of Franklin Templeton) and author of the New York Times bestselling book, “What Works on Wall Street” — the first quantitative investing book available to the general public.

Investing 162

Investing Investments Portfolio Valuation 162

Cornerstone Financial Advisory

MARCH 18, 2024

5 This Week: Key Economic Data Monday: Housing Market Index. Source: Investors Business Daily – Econoday economic calendar; March 13, 2024 The Econoday economic calendar lists upcoming U.S. The IRS defines a capital asset as “most property you own for personal use or own as an investment.” Existing Home Sales.

Marketing 105

Marketing Marketing Taxes Economics 105

Discipline Funds

MARCH 10, 2023

What I mean by that is that we’re currently navigating the economic bust portion of the cycle where inflation is a falling risk and credit deflation risk arises, in large part, because the Fed has reacted so quickly to bring inflation in. The assets change, the companies change, the people change. Markets change over time.

Risk Management 145

Risk Management Banking Economy Valuation 145

The Big Picture

MARCH 25, 2025

O’Shaughnessy Asset Management, became a leader in direct indexing, eventually was bought by Franklin Templeton, leading him to launch O’Shaughnessy Ventures, O’Shaughnessy Fellowships, infinite Loops podcast, just so many different things. Valuations tended to crash and burn very, very cheap valuations tended to do well.

Management 147

Management Numbers Investments Investing 147

The Big Picture

SEPTEMBER 3, 2024

A bachelor’s in economics from Northwestern and then an MBA from University of Chicago. So, so you’ve held analyst roles and a number of asset managers. And so I had a lot of contacts in Australia at that point, and one of them was the CEO of what was at the time called Colonial First State Global Asset Management.

Investing 147

Investing Investments Management Valuation 147

Validea

MAY 5, 2023

With valuations still high, the threat of a recession still looms over the economy, ushering in a prolonged period of low returns across the market, from stocks and real estate to corporate profits, as well as elevated inflation and unemployment rates. He also pointed to gold, which many have added to their portfolios as a stable asset.

Economics 52

Economics Government Banking Economy 52