Advisor Perspectives

OCTOBER 3, 2023

Here is a summary of the four market valuation indicators we update on a monthly basis.

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Valuation Marketing Marketing 119

Advisor Perspectives

JANUARY 2, 2024

Here is a summary of the four market valuation indicators we update on a monthly basis.

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Valuation Marketing Marketing 108

Nerd's Eye View

MAY 16, 2023

What's unique about Jim, though, is how he has scaled his retainer-based boutique firm to more than $7 million in revenue, a $31 million enterprise valuation, and is growing organically at a 40% growth rate, by providing a high-touch comprehensive advice offering for his business owner niche clientele.

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Valuation Financial Advisor Financial Planning Recruitment 246

Advisor Perspectives

NOVEMBER 2, 2023

Here is a summary of the four market valuation indicators we update on a monthly basis.

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Valuation Marketing Marketing 116

Abnormal Returns

FEBRUARY 11, 2024

(moontower.substack.com) Some signs of internal weakness in the stock market. allstarcharts.com) A valuation analysis of the Magnificent Seven. barrons.com) Valuations matter, but using them in your investment process is a challenge. barrons.com) Valuations matter, but using them in your investment process is a challenge.

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Valuation Portfolio Investing Investments 284

Nerd's Eye View

JANUARY 3, 2024

economy) contracted for the 12th consecutive month, the services sector (constituting about 78% of GDP) expanded for the 11th consecutive month, serving as a primary driver behind continued wage inflation as well as tightness in the labor market. The labor market, while still remarkably resilient, has also started to show signs of stress.

Economics 246

Economics Marketing Marketing Economy 246

Abnormal Returns

DECEMBER 5, 2022

Markets Small cap stocks stand out for their cheap valuations. compoundadvisors.com) Strategy Ben Carlson, "We’ve never seen a market environment like this where both stocks and bonds were crushed simultaneously." observer.com) Treasury market liquidity is a growing risk. ft.com) Credit cards are a legacy system.

Startup 244

Startup Marketing Marketing Financial Advising 244

The Reformed Broker

SEPTEMBER 15, 2023

This week, Michael Batnick, Rob Arnott, and Downtown Josh Brown discuss lessons from the tech bubble, smart beta, big tech valuations, Tesla and Nvidia, how AI might impact markets and the economy, and much more! The post Big Market Delusions appeared first on The Reformed Broker.

Marketing 177

Marketing Marketing Valuation Economy 177

Nerd's Eye View

OCTOBER 18, 2023

Even people who are normally rational decision-makers can be prone to fear, greed, and overconfidence, and the persistence of market bubbles where investors chase whatever company or sector is all the rage at the time (and often get stuck with losses when the bubble pops) shows that herd mentality in investing is as prevalent as ever.

Marketing 246

Marketing Marketing Valuation Advertising 246

Abnormal Returns

SEPTEMBER 8, 2024

(wsj.com) Three reasons why the stock market declines. worksinprogress.co) Good luck trying to time the stock market using valuation metrics. awealthofcommonsense.com) Early in retirement is the time to do some tax planning. whitecoatinvestor.com) Three reasons to buy Josh Brown's new book "You Weren’t Supposed To See That."

Tax Planning 299

Tax Planning Valuation Retirement Taxes 299

Abnormal Returns

JANUARY 14, 2024

thefp.com) Stock markets around the world are at or near their highs. awealthofcommonsense.com) 12 lessons the markets taught investors in 2023 including 'Valuations cannot be used to time markets.' morningstar.com) A visualization of the top 10 S&P 500 stocks by market cap. Always follow up.' wsj.com)

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Valuation Assets Investing Investments 294

Abnormal Returns

AUGUST 4, 2024

(awealthofcommonsense.com) A look at the valuation of the S&P 490. sherwood.news) A lot of stock market indices are sitting at all-time highs. sherwood.news) A lot of stock market indices are sitting at all-time highs. vox.com) What historical bull markets say about the state of the current market.

Valuation 289

Valuation Assets Marketing Marketing 289

Abnormal Returns

OCTOBER 29, 2023

Top clicks this week A big regime shift has happened in the economy and financial markets. ritholtz.com) The bond market bear market is pretty epic. wired.com) Bond bear markets are different than stock bear markets. wired.com) Bond bear markets are different than stock bear markets.

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Valuation Economy Financial Market Portfolio 303

Abnormal Returns

SEPTEMBER 6, 2022

morningstar.com) ETFs Sector ETFs by and large underperform the broad market. onveston.substack.com) Why you should be skeptical of private equity valuations when firms are fundraising. institutionalinvestor.com) A round-up of recent research on trading costs and market frictions. capitalspectator.com).

Marketing 183

Marketing Marketing Valuation Assets 183

Abnormal Returns

APRIL 28, 2024

(scienceblog.com) What are to make of the big, and persistent, valuation disparities between large and small caps. kk.org) A look at how geopolitical events affect the stock market. morningstar.com) Additional life advice from Kevin Kelly including 'The highest form of wealth is deciding you have enough.'

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Valuation Taxes Marketing Marketing 307

The Big Picture

OCTOBER 17, 2022

US equity markets are off about 25% YTD; Tech-heavy Nasdaq is off 32%; But the poster child for the past few years has been Tesla (TSLA), which is down 38.5% By October of 2021 , Tesla was worth more than $1 trillion dollars ; its market cap was greater than the next 10 automakers combined. YTD and is 46.9% off of its 2021 highs.

Valuation 317

Valuation Numbers Sales Marketing 317

Abnormal Returns

FEBRUARY 28, 2024

Markets Some of the most speculative sectors are perking up. blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." fortunesandfrictions.com) The rise of passive investing hasn't broken the markets.

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Valuation Financial Advising Startup Media 279

Abnormal Returns

JULY 16, 2024

mrzepczynski.blogspot.com) Comparing the correlation benefits of managed futures vs. market-neutral multi-factor investing. alphaarchitect.com) On the valuation of TIPS and nominal Treasury bonds. papers.ssrn.com) How views of the market differ between academics and normies. than in other markets.

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Valuation Management Portfolio Investing 265

The Big Picture

JUNE 20, 2024

In response to repeated inquiries from BofA clients, Savita looked at numerous indicators that collectively suggest markets are topping. The table above shows the major market peaks going back to 1990. But as prior history has taught us, all bull markets eventually come to an end. appeared first on The Big Picture.

Marketing 195

Marketing Marketing Valuation Media 195

The Big Picture

FEBRUARY 7, 2024

He co-hosts the Behind the Markets podcast with Wharton finance Professor Jeremy Siegel and has helped update and revise Siegel’s Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies. Dividends come from earnings, and so those are sort of anchors to valuation.

Investing 296

Investing Investments Valuation Portfolio 296

Abnormal Returns

AUGUST 27, 2024

mrzepczynski.blogspot.com) How Japanese companies plan to boost valuations. mailchi.mp) The market cares who is CEO, just look at the stock prices. (dimensional.com) Do evergreen PE funds adequately capture returns? alphaarchitect.com) Research Sector performance mean reverts.

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Valuation Planning Marketing Marketing 277

Wealth Management

DECEMBER 14, 2023

market, Capitaliz has rolled out a set of valuation tools for advisors working with business-owner clients. New to the U.S.

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Valuation Clients Marketing Marketing 122

The Big Picture

APRIL 7, 2023

My end-of-week, market’s-closed-but-BLS-open Good Friday reads: • Here’s What Happens at the IRS After You File Your Taxes Refunds can come in five days—or a few months. A marketing professor gave his students a challenge: If they made a video that got a million views, the final exam would be canceled. ( You Had Better Go Viral.

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Valuation Advertising Economy Food 298

A Wealth of Common Sense

FEBRUARY 13, 2024

There are now six stocks in the S&P 500 with trillion-dollar valuations: Microsoft ($3.1 Bank of America noted in a research piece last week that Nvidia by itself is now worth more than the entire Chinese stock market. trillion) Apple ($2.9 trillion) Nvidia ($1.8 trillion) Amazon ($1.8 trillion) Google ($1.9 trillion) Facebook ($1.2

Marketing 144

Marketing Marketing Valuation Banking 144

Advisor Perspectives

AUGUST 1, 2024

The Q Ratio is the total price of the market divided by the replacement cost of all its companies. The latest Q-ratio is at 1.77, down from 1.78

Valuation 105

Valuation Marketing Marketing 105

Abnormal Returns

JUNE 4, 2024

Markets The best time to prepare for a bear market is before it begins. billion valuation? awealthofcommonsense.com) When you own $240 million of a meme stock, does it actually own you? sherwood.news) Companies Does Intel ($INTC) have a route forward? spyglass.org) Weird stuff happens when a CEO controls overlapping companies.

Financial Advising 294

Financial Advising Economy Valuation Media 294

Abnormal Returns

JUNE 27, 2024

Markets By this measure, the stock market is at record-high concentration. axios.com) It's been awhile since we had a 2% stock market drop. mrzepczynski.blogspot.com) Why you shouldn't care what other investors or the markets are doing. hbr.org) Startups SpaceX is doing a tender at a $210 billion valuation.

Financial Advising 278

Financial Advising Startup Valuation Manufacturing 278

Mish Talk

DECEMBER 22, 2022

Amazon AMZN Market Cap. billion making it the first company to lose over $1 trillion in market cap. Tesla TSLA Market Cap. Tesla has lost about $727 billion in market cap but it likely will not be next. Facebook META Market Cap. This is an impressive effort by Meta, down $759 billion in market cap from its peak.

Marketing 210

Marketing Marketing Valuation Economics 210

Abnormal Returns

DECEMBER 27, 2023

Markets Every yield curve steepening is different. ft.com) Citigroup ($C) trades at a big valuation discount to its competitors. integratinginvestor.com) What panic looks like in real-time. investmenttalk.co) Strategy Forecast all you want, but unexpected stuff will happen in 2024. bank profits in 2023. bank profits in 2023.

Financial Advising 299

Financial Advising Valuation Banking Media 299

Abnormal Returns

SEPTEMBER 24, 2023

(capitalspectator.com) The credit markets are very different than they were in 2009. institutionalinvestor.com) Putting a valuation on Instacart ($CART). semafor.com) A wide range of outcomes is always on the table. tonyisola.com) Leveraged loans have put corporate bonds to shame in 2023.

Math 279

Math Valuation Portfolio Investing 279

A Wealth of Common Sense

MAY 2, 2023

A lot has changed in the intervening two years from a market perspective. On Monday the S&P 500 closed at a little more than 4,100. That’s a level the index first hit in May 2021.

Valuation 119

Valuation Marketing Marketing 119

Abnormal Returns

SEPTEMBER 1, 2024

Markets The S&P 500 returned 2.43% in August 2023. on.spdji.com) There are too many markets at all-time highs to count. wsj.com) Good luck trying to time the stock market using valuation metrics. awealthofcommonsense.com) Market statistics can gloss over the big picture. Don't let anyone tell you otherwise.

Financial Advising 295

Financial Advising Valuation Economy Economics 295

Nerd's Eye View

JULY 5, 2023

stock market has, on average, outperformed international equities over the last 15 years since emerging from the Great Recession of 2008, many investors argue that international diversification is a poor allocation of dollars that would otherwise be earning more in the U.S. As the U.S. The outperformance of U.S. The outperformance of U.S.

Valuation 246

Valuation Economics Portfolio Investing 246

Abnormal Returns

DECEMBER 19, 2023

on.ft.com) Corporate finance Stock-based compensation makes a big difference for company valuations. aqr.com) Why it's so hard to make money betting against the stock market. (advisorperspectives.com) A history of quant investing and the state of the factor zoo. papers.ssrn.com) Research What would it take to see a repeat of U.S.

Investing 290

Investing Investments Valuation Retail 290

Abnormal Returns

MARCH 17, 2024

Markets Market valuations aren't that helpful in the short term. tker.co) The U.S. yield curve has been inverted for a record amount of time. ft.com) Strategy Why you can ignore all the magazine cover commentary. downtownjoshbrown.com) Why it's so hard to profit from a big trend, like AI.

Financial Advising 289

Financial Advising Commission Valuation Consulting 289

The Reformed Broker

SEPTEMBER 22, 2023

This week, Michael Batnick, Jeremy Grantham, and Downtown Josh Brown discuss being the “Bubble Historian”, Inflation, Modern Valuations, the Four most Dangerous Words, Real Estate, Impact Investing, and much more! Welcome to the latest episode of The Compound & Friends.

Valuation 306

Valuation Investing Investments Marketing 306

A Wealth of Common Sense

OCTOBER 26, 2023

Further Reading: Do Valuations Even Matter For the Stock Market? The post What Returns Should You Expect in the Stock Market? 2And this is real since stocks are a real asset. 2And this is real since stocks are a real asset.

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Marketing Marketing Valuation Assets 145