Musings on Markets

JANUARY 28, 2024

micro uncertainties, into discount rates, and in the process, they end up incorporating risk that investors can eliminate, often at no cost. He followed up by showing that holding diversified portfolios can deliver much higher returns, for given levels of risk, for all investors.

Risk Premium 93

Risk Premium Beta Start-ups Equity 93

Valutico

APRIL 25, 2023

We performed a detailed linear regression analysis, considering the betas and credit spread of listed companies, regressed against their ESG scores, for the universe of listed companies globally. Upon entering this step, you have the choice to start or skip the ESG assessment.

Discounted Cash Flow 52

Discounted Cash Flow Equity Beta Alpha 52

Brian DeChesare

AUGUST 10, 2022

But before delving into the exit opportunities and the long-term outlook, let’s start with the fundamentals: Oil & Gas Investment Banking Defined. For example, Morgan Stanley has an “Energy” group that includes oil & gas, while Goldman Sachs and BofA both put it in “Natural Resources.”. Outside the U.S.

Banking 88

Banking EBITDA Dividends Equity 88

Brian DeChesare

JUNE 29, 2022

And similar to long/short equity hedge funds , they target undervalued and misunderstood companies and profit when the rest of the market catches up. The typical approach goes like this: Start accumulating a small stake in a public company’s equity. Additional Resources. Here are some recommendations by media type: Books.

Private Equity Firm 52

Private Equity Firm Equity Banking Start-ups 52

Musings on Markets

JANUARY 31, 2024

In this post, I start by looking at the end game for businesses, and how that choice plays out in investment rules for these businesses, and then examine how much businesses generated in profits in 2023, scaled to both revenues and invested capital. The End Game in Business If you start a business, what is your end game?

Equity 79

Equity Book Value Start-ups Corporate Finance 79

Musings on Markets

JANUARY 5, 2024

First, these categorizations were created close to twenty years ago, when I first started looking a global data, and many countries that were emerging markets then have developed into more mature markets now. Beta & Risk 1. Consequently, I do report industry averages for the two fastest growing emerging markets in India and China.

Dividends 98

Dividends Risk Premium Equity Book Value 98

Brian DeChesare

MAY 24, 2023

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? Translating that to English: “We can grow more quickly and get higher margins without CMS, so our multiples will increase, and our share price will go up.” For example, if Jacobs trades up from an 11.5x

Equity 64

Equity Start-ups EBITDA Banking 64