The Big Picture

NOVEMBER 18, 2024

The biggest pushback I’ve seen is that valuations have been stretched after the big run-up since the 2022 bear market. MIT Technology Review ) • Most “humane” farms are lying to you — and the government isn’t stopping them : A new investigation finds false advertising continues to dupe consumers. ( Federal Reserve Bank of St.

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Nerd's Eye View

OCTOBER 18, 2023

However, it isn't just individual companies or speculative assets like Bitcoin that can be prone to bubbles. There tend to be 4 main signs of this type of "Big Market Delusion", which have been present in market bubbles ranging from the 1990s dot-com boom to the 2000s digital advertising market to the 2010s cannabis industry.

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Validea

APRIL 25, 2024

In his 2005 research paper titled “Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis,” accounting professor Partha Mohanram laid out a strategy for finding promising growth stocks trading at attractive valuations. It scores 100% on the Validea Mohanram model thanks to its low 0.10

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The Big Picture

SEPTEMBER 3, 2024

Barry Ritholtz: The old, the old joke, half of our advertising dollars are wasted. So, so you’ve held analyst roles and a number of asset managers. And so I had a lot of contacts in Australia at that point, and one of them was the CEO of what was at the time called Colonial First State Global Asset Management.

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Brown Advisory

DECEMBER 14, 2017

Their fear is bolstered by historical precedent: In the 1960s and 1970s, the “Nifty Fifty” ran up to extremely high valuations, and many performed quite poorly during the 1970s bear market. Investors also tend to naturally focus their valuation fears on big, rapidly growing stocks.

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Brown Advisory

DECEMBER 14, 2017

Their fear is bolstered by historical precedent: In the 1960s and 1970s, the “Nifty Fifty” ran up to extremely high valuations, and many performed quite poorly during the 1970s bear market. Investors also tend to naturally focus their valuation fears on big, rapidly growing stocks.

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Validea

AUGUST 29, 2024

By identifying stocks that satisfy both Buffett’s and Lynch’s criteria, investors can potentially find high-quality companies with strong fundamentals and attractive valuations. average over the past decade Strong return on assets (ROA) of 6.4% average over the past decade Strong return on assets (ROA) of 6.4%

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Validea

SEPTEMBER 21, 2024

Their dominance stems from strong competitive positions in high-growth areas like cloud computing, artificial intelligence, digital advertising, e-commerce, and semiconductors. Attractive valuation: Based on Validea’s analysis, investors could expect an average annual return of 16.9% on Alphabet stock over the next ten years.

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The Big Picture

NOVEMBER 21, 2023

It was about $170 million valuation. I think, you know, what we’ve, what we’ve learned about Twitter was they may have had a lot of advertisers, but I’m not sure how well it was actually working for users. He said, I overpaid for the asset. They had about 10 beta customers of the product.

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Brown Advisory

JANUARY 1, 2023

Download it here > Dear Fellow Investors, If we had to sum up 2022 in one word it would be valuation. War, inflation, recession, deglobalisation, decoupling, strikes, crypto-crash and energy (crisis) all featured but for us the overriding focus for 2022 was valuation. which was greater than our -1.1% relative underperformance.

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The Big Picture

AUGUST 15, 2023

So if you start with the S&P 500 or in this case stocks and bonds, you only have two asset classes, right. So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. If you look at the types of assets that Yale invests in, you can create a benchmark for each pool.

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Trade Brains

DECEMBER 16, 2022

They use several valuation metrics to know more about the company. ROE is also considered the return on net assets. It is because shareholders’ equity is equal to a company’s assets minus its debt. It is because of the simple accounting equation which states that “Equity= Asset – Liabilities (Debt)”.

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Brown Advisory

AUGUST 14, 2023

To be clear, we would love to have more investments in any diversifying business or sector but every investment must first pass all our tests, particularly valuation. More recently, our view on valuations in health care has become more constructive as share prices have come down. It is an illuminating case study.

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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.

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Carson Wealth

JUNE 16, 2023

If that’s the case with your organization, you could be missing out on the benefits of a business valuation, which can provide a comprehensive understanding of your company’s financial standing and overall health. What Is a Business Valuation? A business valuation is far harder to conduct during a crisis.

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The Big Picture

SEPTEMBER 10, 2024

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. And that should tell you whether or not an asset’s probably going to be appreciating or depreciating.

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Trade Brains

NOVEMBER 26, 2023

It is the leading Registrar & Transfer Agency (RTA) to India’s Mutual Fund Industry, catering to ~69% of the Average Assets under Management (AUM) as of June 2023. Education: The Shiksha platform of Info Edge is its educational platform that generates revenue from providing Branding and advertising solutions to Universities.

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Validea

MAY 18, 2024

While GameStop exhibits a positive earnings trend, its extreme valuation ratios, with both P/E and P/CF ratios far above the market’s bottom quintile, suggest it’s no longer a true contrarian play. The Partha Mohanram-based P/B Growth Investor model, for example, likes GameStop’s solid return on assets and cash flows.

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The Big Picture

JUNE 18, 2024

So we think of Fidelity as like this big giant stodgy asset manager. Barry Ritholtz : Now, if I remember correctly, late nineties cracks in the facade were already showing of, you know, the, the monolithic radio, TV advertising world. I got the sense that, so Churnin takes 51% for a fairly modest valuation, 10 or $15 million.

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The Big Picture

DECEMBER 12, 2023

But in the New York Times, there was an advertisement that the value line investment survey needed analysts. And the assets under management were smaller. We thought it was free advertising for their index, but I guess guess they thought that their index was pre advertising for our fund or something.

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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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The Big Picture

FEBRUARY 13, 2023

And this is just a masterclass in how to manage assets, think about your career, understand the relationship between markets, between fixed income, the Fed, the dollar, sentiment, consumer spending, just everything is related and understanding what matters when is the key to your success. He helps to oversee $2.5 RIEDER: Yeah.

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The Big Picture

APRIL 10, 2023

The firm plans to hit $10 trillion in client assets over the next decade. The Guardian ) • If It’s Advertised to You Online, You Probably Shouldn’t Buy It. His textbook “ Investment Valuation ” is the standard in the field. His Next Act Is No Less Ambitious. Look at the once-innovative Oakland A’s. Here’s Why.

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The Big Picture

MARCH 21, 2023

It’s about half our assets. ASNESS: About half our assets are really traditional, where money managers beat, you know, plenty of things, don’t let a short, or lever, or any of those hedge fund kind of things. But plenty of valuation measures, it has no applicability for price-to-sales. RITHOLTZ: Okay.

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Validea

NOVEMBER 6, 2024

The stock also performs well on Kenneth Fisher’s Price/Sales strategy, which favors companies with strong fundamentals trading at low valuations relative to their sales. and minimal long-term debt relative to net current assets align perfectly with Graham’s focus on financial stability and defensive characteristics.

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The Big Picture

MAY 16, 2023

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. 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. RITHOLTZ: Valuation didn’t make much of a difference.

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Abnormal Returns

DECEMBER 15, 2024

Markets Valuation is a terrible stock market timing tool. bloomberg.com) How AI is upending the advertising business. noahpinion.blog) Why the Biden administration still has time to seize Russian assets. tker.co) Market cycles seem to be happening faster than ever. wsj.com) No company is immune from making big mistakes.

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The Big Picture

JUNE 3, 2024

He really is one of the most knowledgeable people in this space, and not just knowledgeable in the abstract, but helping to oversee just about a hundred billion dollars in client assets. And so I worked a lot on the asset allocation side. Again, as I said, we’ve worked in asset allocation. And so it’s not just me.

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The Big Picture

FEBRUARY 7, 2023

You know, if you’ve got $650 billion of assets floating around, including loans of actual buildings because you’re in the real estate business — RITHOLTZ: Right. Like, selling GE Capital assets was not an option. COHAN: So, if you have those assets — RITHOLTZ: Yeah. COHAN: — weren’t available.

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Aleph

DECEMBER 31, 2022

million [link] Though terms of the securitization offer more structural protection than prior, underlying asset quality looks poor. 6) Distribute pro-rata to shareholders [link] Dec 30, 2022 Silicon Valley staff rush to offload start-up shares as valuations plummet [link] Too much money chased too little profit in the past.

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The Big Picture

DECEMBER 17, 2024

There was the optical communications boom, some of the original software internet assets. But generally speaking, after passive captured more than half of, of the mutual funds and ETF assets, there has since been an explosion of active ETFs as well as mutual funds. Doesn’t it deserve a, a richer valuation? I 100% agree.

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