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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. While these seven stocks had an exceptional year in 2023, their outperformance stretches back for a much longer period.

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An Early Look at 2023 CEO & CFO Pay Actions

Harvard Corporate Governance

Posted by Ryan Colucci, Compensation Advisory Partners, on Tuesday, March 28, 2023 Editor's Note: Ryan Colucci is a Principal at Compensation Advisory Partners. billion and median market capitalization of $7.0 This post is based on his CAP memorandum. incentive compensation) slightly lower for CFOs (more…)

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Market Resilience or Investors In Denial? A Mid-year Assessment for 2023!

Musings on Markets

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis. That pessimism was not restricted to market outlooks.

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Murder on the City Express – Who is Killing the London Stock Exchange’s Equity Market?

Harvard Corporate Governance

Reddy (University of Cambridge) , on Tuesday, May 23, 2023 Editor's Note: Brian Cheffins is the S. peers on at least one significant measure – the market capitalization to Gross Domestic Product (“GDP”) ratio. s market capitalization/GDP ratio consistently trended higher than the U.S.’s, Posted by Brian R.

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Tesla in November 2023 : Story twists and turns, with value consequences!

Musings on Markets

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

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Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

As we look ahead to the 2024 proxy season (and beyond), let’s review the key 2023 trends and developments from activism playbooks, with a sharp focus on the ever-changing landscape in the technology and healthcare sectors. 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022. Momentum building for 2024?

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The Venture Corporation

Harvard Corporate Governance

Posted by Gad Weiss (Columbia Law School), on Thursday, March 2, 2023 Editor's Note: Gad Weiss is a J.S.D. Firms that launched as venture-backed startups dominate US capital markets in terms of market capitalization and proportional weight of leading market indexes, and significantly contribute to US job creation.