Musings on Markets

JANUARY 28, 2024

That said, and notwithstanding decades of research and debate on the topic, there are still wide differences in how risk is defined and measured. He followed up by showing that holding diversified portfolios can deliver much higher returns, for given levels of risk, for all investors. What is risk?

Risk Premium 93

Risk Premium Beta Start-ups Equity 93

Cooley M&A

JULY 20, 2023

Despite the thin allegations on the topic by plaintiffs (given the lack of board minutes and similar materials), the court found that the facts and circumstances surrounding the combination – and the defensive effect of the provisions of the stockholders’ agreement –support this conclusion. Stockholder Litigation (Del.

Equity 52

Equity Marketability 52

Musings on Markets

JUNE 9, 2021

The former effectively dilutes a SPAC investor's holding, right at the start, and the latter drains value from the deal. While SPAC shares raise $10 per share at the time of their offering, the median SPAC holds only $6.67

Start-ups 52

Start-ups Marketability Banking Corporate Finance 52

Musings on Markets

DECEMBER 10, 2021

In this section, I will begin by looking at the mythology behind this push, and why it does not hold up to common sense questioning. The problem with the one-size-fits-all great CEO model is that it does not hold up to scrutiny. The Mythology of the Great CEO Are there a set of qualities that make for a great CEO?

Start-ups 83

Start-ups Marketability Technology Market Capitalization 83

Musings on Markets

NOVEMBER 4, 2022

Facebook: Filling in the Background It is worth noting that in good times, when earnings are rising and stock prices are upward bound, investors do not seem to have much interest in corporate governance, and it is only when the numbers start to move against them, that they rediscover the importance of the topic.

Start-ups 98

Start-ups Market Capitalization Marketability Dividends 98

Musings on Markets

FEBRUARY 10, 2021

Financial leverage : There are two ways you can raise funding for a company, and since lenders have contractual claims on the cash flows, the cost of debt should be lower than the cost of equity for almost every company, and that difference is increased by the tax laws tilt towards debt (with interest expenses being tax deductible).

Risk-free Rate 52

Risk-free Rate Risk Premium Start-ups Equity 52

Brian DeChesare

JANUARY 4, 2023

I’ll address several topics in this year’s update, starting with my current portfolio and performance stats and ending with some predictions that will probably be wrong: My Current Portfolio and Performance Stats. So, my new approach will be: Move most of my equity holdings to dividend funds. stocks, ~1/3 into non-U.S.

Marketability 91

Marketability Start-ups Treasury Dividends 91