Discipline Funds

JUNE 6, 2023

On one side you have optimists who have been saying that the US economy remains robust and on the other side you have pessimists who are worried about recession and a potential 2008 scenario. In a way both of these groups have been right. This is not a good risk adjusted return so being less aggressive in recent years has been the right move.

Economy 96

Economy Asset Allocation Valuation Communication 96

Validea

MAY 5, 2023

Paul Singer, founder of Elliott Management and well-known for predicting the financial crisis of 2008, calls the current environment “an extraordinarily dangerous and confusing period,” in an interview with The Wall Street Journal. He also pointed to gold, which many have added to their portfolios as a stable asset.

Economics 52

Economics Government Economy Banking 52

The Big Picture

FEBRUARY 6, 2024

So it’s, 00:09:11 [Speaker Changed] You’ve become an enterprise, it’s 10 x what it once was in terms of headcount, it’s much bigger in terms of assets. I could maybe flip that around a little bit since I think particularly post 2008, 2009, the quality style of investing has become a lot more popular.

Valuation 130

Valuation Investing Investments Assets 130

The Irrelevant Investor

APRIL 12, 2020

By Joe Nocera Entering into a crisis is not the time to figure out what you want to be By Jamie Dimon This burgeoning mass of defined-contribution assets will be ground zero for the upward redistribution of equity assets By William Bernstein The scars of 2008 run deep, not just for economic policymakers but also for their critics By George Pearkes (..)

Valuation 52

Valuation Government Assets Economy 52

Validea

OCTOBER 5, 2022

Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. 12/31/2008 2.1% 12/31/2008 24.9% And with intangible assets rising in the economy, standard earnings calculations are becoming less and less accurate. By Jack Forehand, CFA, CFP® ( @practicalquant ) —.

CFP 59

CFP Valuation Economy Assets 59

Validea

JANUARY 13, 2023

Mega-cap tech giants, a safe haven since the 2008 financial crisis, fell much more than the S&P 500 in 2022. Investors should pay attention to valuations. There isn’t a corner of the tech sector that hasn’t declined, driven downward by the impact of higher interest rates on future growth.

Valuation 59

Valuation Government Economy Portfolio 59

Brown Advisory

FEBRUARY 15, 2019

But the drop in valuations experienced at year’s end, alongside higher bond yields, offer a foundation for better long-term return expectations across most asset classes. This is also a fitting moment to review the intersection of risk and valuation. This is also a fitting moment to review the intersection of risk and valuation.

Valuation 52

Valuation Clients Portfolio Government 52

Investing Caffeine

APRIL 1, 2022

People forget that commodity prices approximately doubled after the 2008 Financial Crisis, only to experience a subsequent slow bleed over the next decade until prices were essentially chopped in half. They certainly could, but valuations remain attractive given where interest rates currently stand. Source: Trading Economics.

Economy 59

Economy Economics Valuation Investing 59

The Big Picture

OCTOBER 24, 2022

They advise or directly manage about $250 billion in flying assets. RITHOLTZ: So how do you find your way from economist to analyst to asset manager? NORTON: So in 2008, I just received my CFA charter, and I was beginning to look around and think about, you know, where else would I want to go in this company or outside the company.

Portfolio 130

Portfolio Management Assets Investing 130

Validea

NOVEMBER 16, 2022

.: Grantham, who is well-known for identifying bubbles before they burst such as the dot-com bust in 2000 and the housing market crash in 2008, has been outspoken about his belief that the market was in a “super bubble” that has yet to truly burst. Valuations are still high, despite rampant inflation and an economic slowdown.

Marketing 52

Marketing Marketing Valuation Investment Advisor 52

Validea

NOVEMBER 18, 2022

.: Grantham, who is well-known for identifying bubbles before they burst such as the dot-com bust in 2000 and the housing market crash in 2008, has been outspoken about his belief that the market was in a “super bubble” that has yet to truly burst. Valuations are still high, despite rampant inflation and an economic slowdown.

Marketing 52

Marketing Marketing Valuation Investment Advisor 52

Trade Brains

JANUARY 24, 2023

Most of this debt was acquired before the global financial crisis hit in 2008. Post-2008, the losses kept mounting pushing the company to bankruptcy. On multiple occasions, its debt resolution plans fell apart due to a valuation mismatch. The management sold off its non-core assets a few times in the past to pare its debt.

Manufacturing 98

Manufacturing Sales Management Accounting 98

Brown Advisory

MAY 31, 2017

EUROPEAN RE-ENTRY: Why We Are Shifting Portfolios Toward European Stocks achen Thu, 06/01/2017 - 02:47 Asset allocation—at least for us—is an exercise in nuance. We move slowly and carefully when it comes to shifting our portfolios away from one asset class or region and toward another. Take Europe, for instance. is much clearer.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

MAY 31, 2017

Asset allocation—at least for us—is an exercise in nuance. We move slowly and carefully when it comes to shifting our portfolios away from one asset class or region and toward another. We maintain a model portfolio internally to track the results of our asset allocation stances. Thu, 06/01/2017 - 02:47. is much clearer.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

JUNE 3, 2015

Ahead of the first tightening by the Federal Reserve in nine years, we are shifting into less-traditional assets, anticipating that, at best, U.S. In anticipation of the policy switch, we have reallocated across a wide range of asset classes in an effort to limit risks and seize new opportunities. The Advisory | June 2015.

Valuation 52

Valuation Economy Banking Economics 52

The Irrelevant Investor

AUGUST 7, 2017

In it he wrote, "More than one industrial company in three selling for less than its net current assets, with a large number quoted at less than their unencumbered cash." What would have to happen for companies to be selling for less than their net current assets? up to 32.56. So is it possible that today is 1929 redux?

Assets 52

Assets Engineering Valuation Government 52

Dear Mr. Market

MARCH 17, 2023

We’ve personally spoken to several experienced bankers who have told us that in their professional opinion this is not a 2008 Lehman Brothers type event nor the start of some wildfire. trillion in assets, P/E ratio of 10.20, and dividend yield of 3.12%. trillion in assets, P/E ratio of 8.59, and dividend yield of 3.09%.

Banking 59

Banking Assets Government Marketing 59

The Irrelevant Investor

OCTOBER 28, 2016

This range is determined by a number of factors, including but not limited to the business cycle, valuations, interest rates, inflation, and the collective mood of millions of investors. Since the top in March 2000, the S&P 500 has outperformed risk-free assets by just 2.7% a year, the largest spread over a 7.5

Valuation 52

Valuation Investing Investments Numbers 52

Brown Advisory

APRIL 1, 2015

Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. Some might argue that the Fed’s policy could trigger another crisis as asset prices become overly inflated.

Investing 52

Investing Investments Valuation Assets 52

Investing Caffeine

JANUARY 3, 2022

880%, among many other fruitful investments since Sidoxia’s inception in 2008. It’s important to have your investments diversified across a broad array of asset classes in a low-cost, tax efficient manner. Throw in some good stock picking, and that is frosting on a cake recipe of success. Thank you Amazon.com Inc. 5,544%, Apple Inc.

Investing 52

Investing Investments Risk Tolerance Portfolio 52

Trade Brains

SEPTEMBER 27, 2023

Today, it is one of India’s largest retail NBFCs with 1.85LakhCr worth of Assets under Management, with a vast customer base of 73.24 As of FY23, the Company reported Net Interest Margins of 8.37% and Return on Assets of 2.89%. The Company however trades at expensive valuations of 11x its Revenue. Lakh individuals.

Healthcare 59

Healthcare Banking Communication Government 59

Brown Advisory

OCTOBER 2, 2018

It makes sense to spread investments into different asset classes and different global regions to balance risk and reward. stocks have generally been clear outperformers since the 2008-09 financial crisis, and it hasn’t really been close: Over the ten years since the financial crisis, U.S. equities at all. Then, in the 1990s, U.S.

Investing 52

Investing Investments Clients Assets 52

Brown Advisory

OCTOBER 2, 2018

It makes sense to spread investments into different asset classes and different global regions to balance risk and reward. stocks have generally been clear outperformers since the 2008-09 financial crisis, and it hasn’t really been close: Over the ten years since the financial crisis, U.S. equities at all. Then, in the 1990s, U.S.

Investing 52

Investing Investments Clients Assets 52

The Irrelevant Investor

MARCH 16, 2017

With the length of this current run (however you measure it), and more importantly, with rich valuations, it's hard to go a few hours without seeing a headline that a "rug pull" is imminent. On the early side, for example, are those who have argued that U.S. stocks are too expensive, or people saying this bull market is long in the tooth.

Valuation 52

Valuation Investing Investments Assets 52

Brown Advisory

AUGUST 1, 2018

We tend to be strategic rather than tactical in our approach to investing, but a combination of recent fundamental developments and valuation changes has caused us to add a note of caution in conversations with clients and in the management of their portfolios. Concentration: Much of the U.S.

Management 52

Management Investing Investments Valuation 52

Brown Advisory

AUGUST 1, 2018

We tend to be strategic rather than tactical in our approach to investing, but a combination of recent fundamental developments and valuation changes has caused us to add a note of caution in conversations with clients and in the management of their portfolios. Concentration: Much of the U.S.

Management 52

Management Investing Investments Valuation 52

Brown Advisory

MARCH 30, 2020

The background liquidity conditions for capital markets have changed substantively since the 2008-09 financial crisis, and to some extent these changes have contributed to the liquidity crunch in various segments of the market in the wake of the coronavirus outbreak. As we now know, this celebration was premature.

Management 52

Management Marketing Marketing Clients 52

Brown Advisory

MARCH 30, 2020

The background liquidity conditions for capital markets have changed substantively since the 2008-09 financial crisis, and to some extent these changes have contributed to the liquidity crunch in various segments of the market in the wake of the coronavirus outbreak. RECENT TRENDS AFFECTING LIQUIDITY.

Management 52

Management Marketing Marketing Clients 52

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

Assets 286

Assets Clients Investing Investments 286

The Big Picture

DECEMBER 5, 2023

They run over $27 billion in, in assets. How, how are the higher rates affecting valuations amongst private companies? 00:37:43 [Speaker Changed] So there’s two issues that are affecting valuations. 00:39:24 [Speaker Changed] So, so let’s look at valuation in a historical perspective.

Management 173

Management Investing Investments Numbers 173

Brown Advisory

JULY 19, 2017

A Moment of Zen: The Wisdom of Staying Invested achen Wed, 07/19/2017 - 15:28 When discussing the merits of cash as an investment, Warren Buffett doesn’t pull his punches, saying that those who hold cash or its equivalents “have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”

Investing 52

Investing Investments Portfolio Clients 52

Brown Advisory

JULY 19, 2017

When discussing the merits of cash as an investment, Warren Buffett doesn’t pull his punches, saying that those who hold cash or its equivalents “have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”. Valuations of the U.S. But we can’t deny the existence of fear.

Investing 52

Investing Investments Portfolio Clients 52

Carson Wealth

JANUARY 22, 2024

Waller noted that in the past the Fed had lowered rates reactively, quickly, and by large amounts, but that was after shocks to the economy threatened recession (like in 2000-2001 and 2007-2008). However, this time he sees no reason to “move as quickly” or “cut as rapidly” as in the past.

Marketing 97

Marketing Marketing Economy Portfolio 97

Brown Advisory

DECEMBER 2, 2015

We work with clients to create—either in writing or verbally—a “mission statement” detailing how they want their assets to serve their well-being in coming decades. This helps to meet your immediate needs and instill discipline in a longterm context, averting excessive spending when valuations are rising.

Taxes 52

Taxes Clients Estate Planning Compliance 52

Brown Advisory

NOVEMBER 14, 2017

While this shift in monetary policy may ultimately have important implications for asset allocation and other investment decisions, we’re not convinced that its near-term impact will be particularly significant. Big Balance Sheet By way of background, the Fed’s balance sheet has roughly quintupled since the financial crisis of 2008.

Investing 52

Investing Investments Assets Numbers 52

Brown Advisory

NOVEMBER 14, 2017

While this shift in monetary policy may ultimately have important implications for asset allocation and other investment decisions, we’re not convinced that its near-term impact will be particularly significant. By way of background, the Fed’s balance sheet has roughly quintupled since the financial crisis of 2008. Big Balance Sheet.

Investing 52

Investing Investments Assets Numbers 52

Nerd's Eye View

JANUARY 3, 2024

The good news is that while there's little doubt that the economy is indeed slowing, there don't seem to be any "black swans" lurking around the corner, as was the case for 2008's severe recession. the Magnificent Seven) means that any sort of correction in those names could reverberate through the broader market.

Economics 205

Economics Marketing Marketing Economy 205