The Big Picture

FEBRUARY 28, 2023

And so that vehicle, you don’t have to worry about having the A Team on the big institutional money and the B Team on the retail money — RITHOLTZ: Right. And then the related question is, how dependent are private markets on public market valuations? You do see some big valuations there. There are some differences.

Clients 147

Clients Assets Investments Portfolio 147

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.

Investments 52

Investments Investing Valuation Clients 52

Trade Brains

APRIL 2, 2023

The growing costs within China (capital, operational, compliances) and Chinese factories closing due to environmental concerns. However, high valuations of the stock are the only area of concern. The company also plans to shift to retail from its BTB business( 94% of revenue) where margins are better.

Pharmaceutical 52

Pharmaceutical Manufacturing Sales Economy 52

Trade Brains

MAY 6, 2023

Owing to its good business and the favorable environment in the Indian markets, PC Jewellers today has 4 jewelry retail outlets across 70 cities in India. The majority of the issues related to Yes Bank were related to corporate governance and compliance. The company is primarily engaged in selling gold & diamond jewelry.

Banking 52

Banking License Government Investments 52

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. We have institutional clients, we have retail clients, we have, you know, pension funds, we have endowments.

Valuation 162

Valuation Clients Investments Investing 162

The Big Picture

AUGUST 20, 2024

And so in the 1990s, I developed the, the late 1980s, early 1990s, I developed a skillset around valuation, in particular discounted cash flow or residual income type models, along with a couple of peers out of the consulting industry. So any compliance people listening, I’m just spitballing here. That’s Barry saying it.

Assets 173

Assets Management Portfolio Taxes 173

Brown Advisory

JUNE 12, 2017

All the big brokerage firms have large compliance departments, and they should. Asked about using valuation tools, like aggregate market cap to GDP or cyclically adjusted P/E ratios to gauge markets, Buffett explained that neither of these is paramount. A business with a lot of people under incentives is going to have some misbehavior.

Investments 52

Investments Investing Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

All the big brokerage firms have large compliance departments, and they should. Asked about using valuation tools, like aggregate market cap to GDP or cyclically adjusted P/E ratios to gauge markets, Buffett explained that neither of these is paramount. A business with a lot of people under incentives is going to have some misbehavior.

Investments 52

Investments Investing Ethics Taxes 52

The Big Picture

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What are the, you know, I’d literally have it in my handheld.

Sales 130

Sales Numbers Taxes Marketing 130

The Big Picture

FEBRUARY 13, 2023

Now, we’re shifting to more international places like China, Europe, et cetera, that are really growing, and that valuations are cheaper. Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? Think about the incredible growth of U.S. RIEDER: Thanks. RIEDER: It is real time.

Economy 147

Economy Numbers Portfolio Marketing 147

The Big Picture

DECEMBER 14, 2022

RITHOLTZ: Are we going to get a red flag from a compliance, or is that an official statement we could use? So where are the warehouses closest to the densest population centers, those assets are in demand because of e-commerce, retailers wanting to get things to people in the same day or within a few hours even.

Assets 162

Assets Investments Investing Portfolio 162

The Big Picture

MAY 16, 2023

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. LINDZON: So first year at ’01, ‘02, you have Apple and they blew out the store model, the retail model, which no one thought. You know, I’m just a retail Yahoo finance kind of guy. Is it about the valuation?

Media 290

Media Investments Investing Valuation 290

The Big Picture

NOVEMBER 4, 2024

But I think the reality is right now, we just have an overhang from, I certainly in my world, I can speak to healthcare and FinTech, a number of companies going public and then disappointing or valuation just being excessive compared to the maturity of the businesses. He ran the retail investing and was a brilliant investor.

Healthcare 130

Healthcare Medical Investments Investing 130

The Big Picture

DECEMBER 10, 2024

And they essentially take companies as varied as tire manufacturers and industrial producers and retailers, and find intelligent ways to use technology to make these companies more efficient, more productive, more profitable. These 10% are what’s driving the entire valuation. People aren’t wrong to say they are a winner.

Engineering 130

Engineering Manufacturing Consulting Investments 130

The Big Picture

NOVEMBER 25, 2024

You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. 00:21:21 [Speaker Changed] So this story came out that, oh, value is defensive because it has this valuation buffer to it 00:21:28 [Speaker Changed] In that one example.

Portfolio 147

Portfolio Management Assets Marketing 147