The Irrelevant Investor

JANUARY 5, 2021

tech in 2000, and more or less everything in 2007. Investor enthusiasm, coupled with high valuations, has preceded all major market bubbles. stocks are based on traditional valuation metrics, via Michael Cembalest. It's been over four years since he wrote this. It's been over four years since he wrote this.

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Carson Wealth

JANUARY 22, 2024

While new highs were set before bear markets in 1987, 2000, 2007, and 2020 in recent memory, the market has also made spectacular gains following new highs. We believe the first interest rate cut may come in May, unless inflation data over the next six weeks surprises to the downside or we get terrible payroll numbers.

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The Big Picture

OCTOBER 31, 2023

And now we have a number of different hedge funds, some we have in the macro, we have multi-Strat, we have point hedge funds with in technology in the healthcare field. The best example I always love to give is that Amazon’s last private round was at a $60 million post money valuation. 00:09:40 [Speaker Changed] Correct.

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Trade Brains

SEPTEMBER 17, 2024

While investing in unlisted shares involves higher risks due to limited liquidity and transparency, they often provide more stable valuations. Additionally, we examine the impact of market trends, regulatory changes, and upcoming IPOs on these companies valuations and growth prospects. to ₹4179 Cr in FY23. P/B Ratio 9.62

Financial Services 52

Financial Services Valuation Electronics Taxes 52

Brown Advisory

OCTOBER 18, 2019

This fact is on the minds of a growing number of investors today who are concerned about the market’s direction. We know that equity valuations in the U.S. CURRENT VALUATION PREMIUMS, S&P 500 INDEX Metric Most Recent Long-Term Average Premium vs. Average Timeframe Trailing P/E 19.4 17% 3/31/1954- 9/30/2019 Price/Book Value 3.4

Marketing 52

Marketing Marketing Valuation Numbers 52

Brown Advisory

OCTOBER 18, 2019

This fact is on the minds of a growing number of investors today who are concerned about the market’s direction. We know that equity valuations in the U.S. CURRENT VALUATION PREMIUMS, S&P 500 INDEX. CBOE S&P 500 Implied Correlation Index, 1/1/2007-8/30/2019. Most Recent. Long-Term Average. Premium vs. Average.

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Brown Advisory

APRIL 1, 2015

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.

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The Big Picture

NOVEMBER 21, 2023

I had just gotten married in the fall of 2007. 00:17:50 You wanna know why Dara reported for Uber that again, their number of employees was down quarter of over quarter. It’s 10 blue links, but it’s an infinite number of blue links. So remember data and data infrastructure, that is the number one primitive to ai.

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Brown Advisory

JULY 1, 2016

Looking back over the 30 years beginning in 1985, a number of factors contributed to the strong performance of equities. One can argue that today’s low interest rates merit even higher valuations, but there’s no disputing that the increase in price/earnings ratios has been an important driver of stocks since the lows of the early 1980s.

Investments 52

Investments Investing Portfolio Assets 52

Brown Advisory

JULY 1, 2016

Looking back over the 30 years beginning in 1985, a number of factors contributed to the strong performance of equities. One can argue that today’s low interest rates merit even higher valuations, but there’s no disputing that the increase in price/earnings ratios has been an important driver of stocks since the lows of the early 1980s.

Investments 52

Investments Investing Portfolio Assets 52

Brown Advisory

AUGUST 6, 2019

Instant access to information allows analysts to monitor a greater number of stocks, and portfolio managers are able to analyze their holdings and track performance in myriad ways. housing in 2007) or a spike in oil prices (1973, 1980 and 1990)—conditions that are not present today. GDP than it was 100 years ago.

Investments 52

Investments Investing Clients Portfolio Management 52

Brown Advisory

AUGUST 6, 2019

Instant access to information allows analysts to monitor a greater number of stocks, and portfolio managers are able to analyze their holdings and track performance in myriad ways. housing in 2007) or a spike in oil prices (1973, 1980 and 1990)—conditions that are not present today. GDP than it was 100 years ago.

Investments 52

Investments Investing Clients Portfolio Management 52

Trade Brains

JULY 7, 2024

S&P500, United States The Standard and Poor’s 500 (S&P 500) is a stock market index used for the valuation of 500 of the largest firms on stock exchanges in the United States. The SSE Composite Index was currently trading at 2982.3755, which is below the all-time high of 6124.0439 reached on October 15, 2007.

Marketing 52

Marketing Marketing Electronics Economy 52

The Big Picture

AUGUST 15, 2023

Or at least the top, pick a number, 30, 40%. SEIDES: John Yeah, I said back then, the bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. This is the summer of 2007. RITHOLTZ: 2007. I don’t remember the number. So back in 2007.

Management 130

Management Investing Investments Government 130

Trade Brains

NOVEMBER 20, 2022

Fundamental Analysis of Dixon Technologies : Have you heard about Foxconn, a company that manufactures iPhones for Apple since 2007? After a sixfold jump in two-and-a-half years, it has got a lofty valuation! This holds good for the consolidated as well as standalone numbers. Well, it is a contract manufacturer. 2018 2841 60.

Electronics 52

Electronics Manufacturing Medical Clients 52

Mr. Money Mustache

MAY 20, 2022

True to form, she got back to me within just a few minutes with these thoughts: MMM: How should potential retirees think of the recent crash in valuation – has it really pushed out their retirement date, or not? It’d be like retiring at the bottom of 2009 with still-decent numbers.

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The Irrelevant Investor

AUGUST 17, 2015

Rational measures of valuation had taken a backseat to “mouse clicks and momentum,” as Robertson put it, and he had no stomach for more punishment. Then the age of the manufacturer arrived and Citadel took off, so that its assets swelled to $13 billion by 2007.

Marketing 52

Marketing Marketing Assets Recruitment 52

Brown Advisory

SEPTEMBER 22, 2017

The United Nations Environment Program published a helpful review of key academic and broker reports on responsible investment and performance (UNEP, 2007). Of the 20 academic studies referenced, half reported a positive effect of ESG factors on portfolio performance, three reported negative effects, and the rest were neutral. Statman, M.

Portfolio 52

Portfolio Investing Investments Management 52

Brown Advisory

SEPTEMBER 22, 2017

The United Nations Environment Program published a helpful review of key academic and broker reports on responsible investment and performance (UNEP, 2007). Of the 20 academic studies referenced, half reported a positive effect of ESG factors on portfolio performance, three reported negative effects, and the rest were neutral. Statman, M.

Portfolio 52

Portfolio Investing Investments Management 52

Bell Investment Advisors

MARCH 15, 2023

There’s maybe a similar valuation to what you might have seen in 2017, 2018, or 2019. Well, what’s that’s set us up for is actually, I haven’t seen the bond market look this good probably since about 2007 or so. We can see the evidence and see how that ultimate number matches pretty closely with the starting yield.

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The Big Picture

MARCH 25, 2025

And you had the great insight and business acumen to tap out of Bear Stearns in 2007 with all of those options that you had and exercise the options, sell them and launch your shortness, the asset management. Valuations tended to crash and burn very, very cheap valuations tended to do well. The numbers are pretty bad.

Management 147

Management Numbers Investing Investments 147

The Big Picture

MAY 9, 2023

He co-chairs a number of the asset management investment committees. So I interviewed with a bunch of banks, got a number of job offers by the end of the week, and joined Goldman Sachs in October 1998. I ended up being hired onto the high yield desk as a research analyst and did that for a number of years, a couple of years.

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The Big Picture

NOVEMBER 8, 2022

CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. And then I was having lunch with Jeremy in Boston.

Banking 147

Banking Valuation Economy Investing 147

Nationwide Financial

FEBRUARY 27, 2023

The initial optimism over a Fed pivot has shifted following strong economic data, elevated inflation, and hawkish Fed commentary, sending interest rates higher and valuations lower. The short-covering rally has stalled, as pessimism remains near-universal for institutional investors, and a surge in rates drove skepticism over valuations.

Marketing 52

Marketing Marketing Retail Economics 52

The Big Picture

OCTOBER 17, 2023

Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. And whether it’s all numbers or even numbers. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is. Number one, longevity.

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Investments Investing Clients Numbers 130

The Big Picture

SEPTEMBER 26, 2023

You’ve probably heard some aspects of this from the various interviews I’ve done with Howard Marks talking about the distressed asset fund they set up in 2007. You joined in 2007. But, but fast forward to June of 2007, you know, oaktree in the distressed debt landscape is, is really, you know, second to none.

Banking 130

Banking Investing Investments Clients 130

Brown Advisory

JUNE 12, 2017

In the last 10 years, 2007 through 2016, Berkshire’s shareholders’ equity per share and share price compounded at roughly 9.3% Since May 2007, Buffett estimated Berkshire had compounded its intrinsic value at roughly 10%, but he thought 10% would be difficult to achieve in the next decade if interest rates stay as low as they are currently.

Investing 52

Investing Investments Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

In the last 10 years, 2007 through 2016, Berkshire’s shareholders’ equity per share and share price compounded at roughly 9.3% Since May 2007, Buffett estimated Berkshire had compounded its intrinsic value at roughly 10%, but he thought 10% would be difficult to achieve in the next decade if interest rates stay as low as they are currently.

Investing 52

Investing Investments Ethics Taxes 52

The Big Picture

SEPTEMBER 5, 2023

And I literally put the entire Schedule A, which is the pricing square footage unit numbers in a Hewlett Packard 41B using bit mapping. And we’d sort of turn that into a valuation business. Everybody knew the number but the appraiser. What are the, you know, I’d literally have it in my handheld. Just keep it fair.

Sales 130

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The Big Picture

OCTOBER 8, 2024

And actually, interestingly, Joe was director of research there for a number of years before I moved on to start Perceptive. And so that’s what had me pivot back in 2007 to the first market neutral hedge fund that I worked at. You know, valuation sense, 00:30:47 [Speaker Changed] Right. Lindsay Rosenwald was the founder.

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Healthcare Medicine Portfolio Investing 147

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?

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Valuation Education Numbers Government 298

The Big Picture

DECEMBER 14, 2022

I was thinking any number of things and mostly that I didn’t really know what I wanted to be when I grew up, but I was not kind of at all informed by, you know, gender norms that people asked me a lot about now, in particular how do you know a woman, how did you think about ending up in this thing? RITHOLTZ: Of course.

Assets 162

Assets Investing Investments Portfolio 162

The Big Picture

MARCH 12, 2024

So a lot of the headline names, you see a lot of the stories you see about, about the financial crisis, a significant number of, of those investors we were helping in security selection, modeling, and analytics. You’re actually crunching a lot of numbers. That OER number was calculable four months ago.

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Banking Marketing Marketing Investing 147

The Irrelevant Investor

JANUARY 3, 2020

The Good For the first time since 2007, the income generated in a cash investment account outpaced inflation. trillion in liabilities sounds like a scary number, but when you look at interest rates and income, household debt service to income obligations is at the lowest level in 40 years. Here are a few that caught my attention.

Valuation 52

Valuation Economy Accounting Numbers 52

The Big Picture

NOVEMBER 25, 2024

Honest back testing, really looking at the numbers versus exaggerating returns and, and making up the claim that something’s live when it’s not. 12, 14 even that not a lot of numbers. I know you are not especially keen on back testing. 00:13:10 [Speaker Changed] Well, now, now definitely not keen on it.

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Portfolio Management Marketing Marketing 147

The Big Picture

FEBRUARY 20, 2024

00:07:47 [Speaker Changed] So, so after, you know, more than 20 years at Goldman, you joined the New York Fed in 2007, overseeing domestic and foreign exchange trading operations, 2007, that, that’s some timing. Well, I had about I seven months of calm and then chaos started in August of 2007.

Banking 147

Banking Economy Marketing Marketing 147