Abnormal Returns

NOVEMBER 15, 2024

Markets The equity risk premium has fallen. spglobal.com) Finance Elon Musk's xAI and SpaceX are getting a valuation boost. money market mutual funds now have more than $7 trillion in assets. bloomberg.com) Prediction markets How big can prediction markets get? ft.com) Is private credit in a bubble?

Financial Advising 147

Financial Advising Food Valuation Media 147

Abnormal Returns

JANUARY 14, 2024

thefp.com) Stock markets around the world are at or near their highs. downtownjoshbrown.com) Good luck trying to pick the best performing asset class on a year-by-year basis. awealthofcommonsense.com) 12 lessons the markets taught investors in 2023 including 'Valuations cannot be used to time markets.' wsj.com)

Valuation 293

Valuation Assets Investing Investments 293

Abnormal Returns

DECEMBER 19, 2023

alphaarchitect.com) The high quality anomaly shows up across asset classes. on.ft.com) Corporate finance Stock-based compensation makes a big difference for company valuations. aqr.com) Why it's so hard to make money betting against the stock market. Factors Timing returns factors is tempting, but difficult in practice.

Investing 289

Investing Investments Valuation Retail 289

The Big Picture

MAY 4, 2023

Institutional Investor ) • The real reason Mexico suddenly dominates global beer exports : Today, Mexico ships out more than twice as much beer as any other country and single-handedly accounts for 30 percent of the world’s entire export-beer market, according to Geneva-based trade statistics provider Trade Data Monitor.

Assets 338

Assets Wealth Management Management Valuation 338

Nerd's Eye View

JANUARY 3, 2024

economy) contracted for the 12th consecutive month, the services sector (constituting about 78% of GDP) expanded for the 11th consecutive month, serving as a primary driver behind continued wage inflation as well as tightness in the labor market. The labor market, while still remarkably resilient, has also started to show signs of stress.

Economics 246

Economics Marketing Marketing Economy 246

Nerd's Eye View

OCTOBER 18, 2023

Even people who are normally rational decision-makers can be prone to fear, greed, and overconfidence, and the persistence of market bubbles where investors chase whatever company or sector is all the rage at the time (and often get stuck with losses when the bubble pops) shows that herd mentality in investing is as prevalent as ever.

Marketing 246

Marketing Marketing Valuation Advertising 246

Abnormal Returns

SEPTEMBER 6, 2022

morningstar.com) ETFs Sector ETFs by and large underperform the broad market. evidenceinvestor.com) Green assets don't always earn a premium. onveston.substack.com) Why you should be skeptical of private equity valuations when firms are fundraising. papers.ssrn.com) ETF issuers need to have a strong online presence.

Marketing 182

Marketing Marketing Valuation Assets 182

Validea

OCTOBER 28, 2024

We discuss: – The limitations of dividend-focused investing strategies – Asset allocation insights from the Talmud – A different perspective on the Fed’s recent performance – Meb’s view on wealth as a means to freedom – The case for significant trend following allocation in portfolios – The question Meb (..)

Asset Allocation 52

Asset Allocation Assets Wealth Management Valuation 52

Abnormal Returns

SEPTEMBER 1, 2024

Markets The S&P 500 returned 2.43% in August 2023. on.spdji.com) There are too many markets at all-time highs to count. wsj.com) Good luck trying to time the stock market using valuation metrics. awealthofcommonsense.com) Market statistics can gloss over the big picture. Don't let anyone tell you otherwise.

Financial Advising 294

Financial Advising Valuation Economy Economics 294

Truemind Capital

NOVEMBER 8, 2024

Everyone loves a rising market. Like the circle of life, good times are followed by bad times, and bad times are followed by good times, stock markets also go through cycles of excessive greed/optimism to excessive fear/pessimism. For the sustainable long-term progress of financial markets, corrections are healthy and useful.

Asset Allocation 65

Asset Allocation Marketing Marketing Valuation 65

The Big Picture

FEBRUARY 7, 2024

To find out more, I speak with Jeremy Schwartz, Global Chief Investment Officer of WisdomTree, leading the firm’s investment strategy team in the construction of equity Indexes, quantitative active strategies and multi-asset Model Portfolios. Present value of future cash flows, any asset is present value of future cash flows.

Investing 296

Investing Investments Valuation Portfolio 296

Nerd's Eye View

JANUARY 28, 2025

Kay Lynn is the President of Merit Financial Advisors, a hybrid advisory firm based in Alpharetta, Georgia, that oversees approximately $13 billion in assets under management for 26,000 client households. My guest on today's podcast is Kay Lynn Mayhue.

Financial Advisor 137

Financial Advisor Clients Management Valuation 137

The Big Picture

DECEMBER 17, 2022

A dedicated emerging markets investment manager, Gramercy Funds Management — which Koenigsberger founded in 1998 — now has more than $5 billion dollars in assets under management. We discuss how he first found his way into Emerging Markets Debt back in the 1980s, working in a small EM boutique.

Management 281

Management Valuation Consulting Investing 281

The Big Picture

FEBRUARY 2, 2023

Businessweek ) • #EUROBOOM European stock markets have further to rally, argues GS ( FT ) • Wall Street Is Losing Out to Amateur Buyers in the Housing Slump : Big money spent a fortune snapping up homes. The Fed: Not So Fast : Traders keep bidding up stock and bond prices in hopes that the central bank will declare victory over inflation.

Valuation 279

Valuation Banking Assets Investing 279

Abnormal Returns

JULY 25, 2023

sparklinecapital.com) Why asset managers need their own AI sandboxes. papers.ssrn.com) Research It makes total sense that equity market valuations are higher today than in the past. papers.ssrn.com) A round-up of research about forecasting markets. AI How to identify those companies that will benefit from AI adoption.

Startup 246

Startup Valuation Accounting Taxes 246

A Wealth of Common Sense

OCTOBER 26, 2023

Further Reading: Do Valuations Even Matter For the Stock Market? 2And this is real since stocks are a real asset. The post What Returns Should You Expect in the Stock Market? The post What Returns Should You Expect in the Stock Market?

Marketing 145

Marketing Marketing Valuation Assets 145

The Big Picture

MAY 5, 2023

My end-of-week morning NFP train WFH reads: • Warren Buffett’s Formula for Success: One Good Decision Every Five Years : Berkshire Hathaway has obliterated the market in his 58 years at the company. Finally, it would be dangerous to extrapolate the post-1990 outperformance of US equities, as it mainly reflects rising relative valuations.

Startup 359

Startup Wealth Management Assets Management 359

The Big Picture

NOVEMBER 26, 2024

Full transcript below. ~~~ About this week’s guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. His firm runs over $10 billion in client crypto assets. How can investors get exposure to the space? It was challenging. Matt Hougan : Yeah.

Investments 147

Investments Investing Assets Retail 147

Abnormal Returns

FEBRUARY 6, 2024

Markets A look at Magnificent Seven valuations. ft.com) Nvidia ($NVDA) has added some $500 billion market cap in just six weeks or so. bonddad.blogspot.com) Who is going to take up the market share Citigroup ($C) is ceding in the muni space? markets.businessinsider.com) Newsletter writers are bullish.

Financial Advising 264

Financial Advising Valuation Manufacturing Media 264

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. wsj.com) Startups are going to experience a "new normal" valuation-wise. avc.com) SpaceX is raising new capital at a $137 billion valuation. nytimes.com) Economy Where various measures of the jobs market stand.

Startup 242

Startup Valuation Financial Advising Distribution 242

Validea

DECEMBER 27, 2024

In this episode of Excess Returns, hosts Jack Forehand and Justin Carbonneau sit down with Jacob Pozharny, partner at Bridgeway Capital Management, to explore the increasingly important role of intangible assets in modern investing.

Investing 52

Investing Investments Valuation Assets 52

Abnormal Returns

JULY 24, 2023

(podcasts.apple.com) Q&As A Q&A with Larry Swedroe about valuations and private credit. thinkadvisor.com) Charles Schwab Charles Schwab ($SCHW) and TDA continues to grow RIA assets. content.schwab.com) Family offices Alternative managers, like Apollo ($APO), are focusing more on the family office market.

Valuation 243

Valuation Communication Financial Planning Management 243

The Big Picture

FEBRUARY 27, 2023

New York Times ) • Apartment Rents Fall as Crush of New Supply Hits Market : Declines signal tenants may be maxed-out on how much income they can devote to rent. Wall Street Journal ) see also US Housing Market Posts $2.3 The designs are crafted with both aesthetics and security in mind. (

Valuation 290

Valuation Assets Marketing Marketing 290

The Big Picture

OCTOBER 30, 2024

And find the entire musical playlist of At the Money on Spotify Shareholder Yield Dividend investing has a long and storied history, a substantial percentage of market returns are due to the impact of reinvested dividends compounding over time. Because of the valuation gap looks about the best it’s ever looked, uh, over the past decade.

Investing 147

Investing Investments Valuation Numbers 147

Discipline Funds

OCTOBER 9, 2024

This is especially true in the pricing of the US stock market. On the one hand you might assume that high valuations are bad because “expensive” usually implies bad. On the other hand, you could argue that high valuations simply reflect a price premium. There’s two ways to look at something like this.

Valuation 96

Valuation Economy Financial Planning Economics 96

The Big Picture

MARCH 6, 2023

The initial public offering market is closed. Venture-capital investments are plunging, along with valuations of prepublic companies. When JPMorgan Chase analysts last year described Chinese internet companies as “uninvestable,” their report helped erase about $200 billion from US and Asian markets.

Retirement Planning 282

Retirement Planning Transportation Valuation Consulting 282

Truemind Capital

NOVEMBER 8, 2024

Negative effects of a prolonged bull market. Everyone loves a rising market. Like the circle of life, good times are followed by bad times, and bad times are followed by good times, stock markets also go through cycles of excessive greed/optimism to excessive fear/pessimism. Be prepared for crazy when the markets are calm.

Marketing 52

Marketing Marketing Asset Allocation Valuation 52

Nerd's Eye View

MAY 10, 2024

Read More.

Financial Planner 246

Financial Planner Retirement Planning Retirement Valuation 246

Abnormal Returns

MARCH 20, 2024

morningstar.com) Real assets can be a portfolio drag during periods of quiescent inflation. marginalrevolution.com) Finance Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. Strategy Ten things to know about building a diversified portfolio.

Financial Advising 253

Financial Advising Startup Valuation Economy 253

Nerd's Eye View

NOVEMBER 4, 2022

Morningstar has joined an increasingly competitive market of direct indexing platforms for advisors and their clients. A survey showing how millionaires allocate their assets and the importance they place on the recommendations of their financial advisors. Enjoy the ‘light’ reading! Read More.

Financial Planner 238

Financial Planner Financial Advisor Retirement Planning Medical 238

Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

Compliance 246

Compliance Valuation Financial Advisor Clients 246

Truemind Capital

JANUARY 10, 2025

In the recent market correction, I observed many finfluencers and mutual fund distributors cajoling their over-concerned audience & customers by giving them reasons regarding why the markets will bounce back soon and why they should think of the long term and not worry too much. Of course, nobody can tell when & how.

Marketing 52

Marketing Marketing Asset Allocation Portfolio 52

Nerd's Eye View

OCTOBER 4, 2024

Also in industry news this week: A recent survey found that while 1/3 of advisory firms are currently using AI tools, another 1/3 are fearful of doing so, indicating that while some firms are eager to be early adopters of this technology, others are taking a wait-and-see approach, perhaps as regulation surrounding this technology evolves over time (..)

Financial Planner 246

Financial Planner Retirement Planning Clients Retirement 246

Brown Advisory

MARCH 6, 2023

2023 Asset Allocation Perspectives and Outlook ajackson Mon, 03/06/2023 - 14:43 We are pleased to share Brown Advisory’s 2023 Outlook. Each year, the Annual Outlook report assesses the current investment landscape and discusses some of the main themes being expressed in client portfolios.

Asset Allocation 98

Asset Allocation Assets Clients Valuation 98

The Big Picture

APRIL 29, 2025

This is Masters in business with Barry Ritholtz on Bloomberg Radio 00:00:17 [Speaker Changed] This week on the podcast, Jeff Becker, chairman and CEO of Jenison Associates, they’re part of the PG Im family of Asset Managements. Jenison manages over $200 billion in assets. They, they trained them together.

Management 130

Management Assets Portfolio Insurance 130

Dear Mr. Market

APRIL 2, 2025

Dear Mr. Market: This is perhaps one of our favorite articles and times of the year; not necessarily because of basketball but rather it allows us the opprtunity to articulate our main investment themes we see playing out for the remainder of the year.

Investing 78

Investing Investments Valuation Advertising 78

The Big Picture

AUGUST 1, 2023

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. The wisdom of the crowd is why the efficient markets work most of the time, but it really helps to be aware when the crowd turns into an unthinking mob of hooligans.

Economics 246

Economics Valuation Marketing Marketing 246