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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. is not particularly notable. is not particularly notable. is much clearer.

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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. is not particularly notable. is not particularly notable. is much clearer.

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Transcript: Marta Norton

The Big Picture

And actually, I was at the PPI, most people may not remember this, but in 2004, the PPI was a month and a half late. And how do we think about them from a valuation perspective? And it began outside of financial services. So sometimes that crosses my mind today, when people are watching the CPI.

Portfolio 130
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Transcript: Mathieu Chabran

The Big Picture

You know, that’s one thing in Europe where London was, I actually think, still remains the one place where you want to get exposure when you join financial services. RITHOLTZ: So let’s talk about what led to the decision to launch TIKEHAU Capital back in 2004. CHABRAN: Yes, no that’s right Barry.

Banking 141
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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 152
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Transcript: Aswath Damodaran

The Big Picture

 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
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Transcript: Howard Lindzon

The Big Picture

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. RITHOLTZ: 2004, 2005. RITHOLTZ: He was the first (inaudible) in round B at the higher valuation. Is it about the valuation? Back then I was Wallstrip was like a 400K valuation. How’s my 10 grand doing?

Media 278