Musings on Markets

JANUARY 12, 2021

Last week, was my data week, where I download and analyze data on all publicly traded companies, listed anywhere in the world, and I will post extensively on what the numbers look like after a most tumultuous year. As we approach the turn of the calendar year, I have my own set of rituals that prepare me for the new year. What I teach.

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Corporate Finance Start-ups Finance Marketability 52

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms. So, why bother?

Risk Premium 52

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Musings on Markets

JANUARY 27, 2021

Commodities : A commodity derives its value from being an input into a process to produce a item (product or service) that consumers need or want. Collectibles : A collectible's pricing comes from the perception that it has value, driven by tastes (artwork) and/or scarcity (rare items). Currencies : A currency serves three functions.

Start-ups 52

Start-ups Marketability Equity Treasury 52

Musings on Markets

JANUARY 20, 2021

Investors are constantly in search of a single metric that will tell them whether a market is under or over valued, and consequently whether they should buying or selling holdings in that market. Note that this price is set by demand and supply and will reflect everything that investors collectively believe, hope for, and fear.

Risk Premium 52

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