Mr. Money Mustache

MAY 20, 2022

Which has in turn triggered the more skittish stock investors to run for the exits and completely change their view of our economic future, flooding the financial news with red ink and scary headlines. Now that we’ve covered the background, we can get into some better news: This is all a normal, healthy part of the economic cycle.

Marketing 55

Marketing Marketing Retirement Investing 55

The Big Picture

OCTOBER 24, 2022

So I leave the Bureau of Labor Statistics and I move into economic consulting. 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? NORTON: Right.

Portfolio 130

Portfolio Management Assets Investing 130

Brown Advisory

JANUARY 19, 2023

at year-end can largely explain the compression in valuation, especially for higher multiple equities, primarily during the first half of the year. Since 1995, there are four rather distinct periods during which forward earnings estimates for the S&P 500 Index declined, tied to a specific event and/or economic downturn. by year-end.

Clients 98

Clients Economy Economics Investing 98

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

James Hendries

JUNE 20, 2023

That’s not suggesting another 2008 is coming, but rather highlights how fast the economic environment can change. Along with the statement, the Committee updated the Summary of Economic Projections (SEP), which is arguably more important than the brief monetary policy statement.

Marketing 52

Marketing Marketing Economy Communication 52

James Hendries

NOVEMBER 1, 2022

With a series of important economic indicators suggesting the economy is declining and inflation is finally decelerating, albeit very slowly, markets are beginning to factor in that the Fed may soon transition to a less aggressive stance in early 2023. Any economic forecasts set forth may not develop as predicted and are subject to change.

Marketing 52

Marketing Marketing Manufacturing Economy 52

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

Trade Brains

FEBRUARY 2, 2024

The FSBF offers secured loans to micro-entrepreneurs and self-employed individuals for business purposes, asset creation (home renovation or improvement), or meeting expenses for significant economic events such as marriage, healthcare, and education. The company was incorporated in 2001. Stock P/E (TTM) 34.17 Price to Book Value 7.29

Healthcare 59

Healthcare Wealth Management Insurance Financial Services 59

The Big Picture

MAY 7, 2024

So I got the job as Chief Revenue Officer of MSN in 2001. You know, we look at these economic busts or these market crashes, and it’s obvious in hindsight what spectacular opportunities there they were. I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion.

Startup 141

Startup Advertising Engineering Numbers 141

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? So when you look at this macro environment, it seems to be pretty supportive of economic expansion generally. WEAVER: Yeah. WEAVER: Yeah.

Consulting 286

Consulting Management Numbers Investing 286

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 105

Investing Investments Portfolio Assets 105

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 152

Assets Investing Investments Valuation 152

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 286

Valuation Education Government Numbers 286

The Big Picture

FEBRUARY 20, 2024

You get an economics PhD from California, Berkeley in 82, and around the same time you become an economist at the Federal Reserve Board from 81 to 83. And so that can cause the impulse of the economic news to be filtered into financial conditions much more, more quickly. Let, let’s talk a little bit about your background.

Economy 141

Economy Banking Marketing Marketing 141

Brown Advisory

MAY 16, 2016

In the 51 years since Buffett took control, Berkshire Hathaway has grown from a small, economically challenged textile company to one of the largest U.S. 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. Berkshire Hathaway.

Insurance 52

Insurance Investing Investments Banking 52

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