Remove 2004 Remove Clients Remove Valuation
article thumbnail

Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

The article suggests they were more interested in their own financial well-being than that of their clients. My advice was not based on fear of a bubble or the (over)valuation of Yahoo; rather, I suggested employing a regret minimization framework.2 The Latin phrase Res ipsa loquitur comes to mind: The thing speaks for itself.

article thumbnail

Tata Technologies IPO Review – GMP, Details & Much More

Trade Brains

Their last offer being from Tata Consultancy Services in 2004. Marquee Client Record: Tata Tech’s clients include some of the most notable names such as Airbus, McLaren, Honda, Ford, and Cooper Standard. The top 5 clients of the Company contributed to 60.49%, giving rise to concentration risks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Things Change

The Better Letter

My favorite client, a pension manager for over 40 years, sardonically reminded me that someone buying 100-year bonds issued by the world’s leading entertainment business a century before would have purchased the debt of a player-piano company. We were Morgan Stanley’s co-manager.

Numbers 97
article thumbnail

EUROPEAN RE-ENTRY: Why We Are Shifting Portfolios Toward European Stocks

Brown Advisory

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. stocks since the middle of 2004. Over the long term, that stance has paid off. is not particularly notable. is much clearer.

article thumbnail

EUROPEAN RE-ENTRY: Why We Are Shifting Portfolios Toward European Stocks

Brown Advisory

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. stocks since the middle of 2004. Over the long term, that stance has paid off. is not particularly notable. is much clearer.

article thumbnail

Investment Perspectives | Bubbles II

Brown Advisory

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.

article thumbnail

Transcript: Joe Barratta of Blackstone

The Big Picture

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. Probably somewhere around 2004 or ‘05, we started doing things by ourselves. Valuations go up and you saw it, of course, in the late ‘90s, in the tech sector. BARATTA: Yes.

Assets 162