Musings on Markets

FEBRUARY 15, 2023

As I have argued in all four of my posts, so far, about 2022, it was year when we saw a return to normalcy on many fronts, as treasury rates reverted back to pre-2008 levels, and risk capital discovered that risk has a downside.

Profit and Loss 52

Profit and Loss Investments Hurdle Rate Accounting 52

Musings on Markets

JANUARY 9, 2021

While the universe of companies is diverse, with approximately half of all firms from emerging markets, it is more concentrated in market capitalization, with the US accounting for 40% of global market capitalization at the start of the year. If there is a hole in my sample, it is the absence of privately owned businesses.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Musings on Markets

JANUARY 20, 2021

The failures of the signal have been variously attributed to low interest rates, accounting mis-measurement of earnings (especially at tech companies), and by some, to animal spirits. Data Update 4 for 2021: The Hurdle Rate Question. If you buy into this measure of equity risk premiums, consider its limitations.

Treasury 52

Treasury Investments Valuation Hurdle Rate 52

CFO News Room

NOVEMBER 8, 2022

” look at the Monte Carlo simulations, look at what is the hurdle rate. But we want it on the calendar so that we keep clients and ourselves accountable so that we make sure that those meetings actually do happen. But really the main driver in that first meeting is, “Hey, we’ve got to update the financial plan.

Restructuring 130

Restructuring Planning Accounting Marketing 130

Barry Ritholtz

NOVEMBER 8, 2022

I mean, I used to write about that in this new book where money flows off to the emerging markets when dollar rates are low. They’re actually just buying long dollars, treasuries. Well, the way I see negative rate is it’s a tax on capital, which is instituted by an unelected — RITHOLTZ: Central bank.

Valuation 57

Valuation Finance Investments Banking 57

Musings on Markets

JULY 25, 2023

To estimate the equity risk premium, for most countries I start with default spreads, either based on the sovereign ratings assigned by the ratings agencies, or from the market, in the form of sovereign CDS spreads. the riskfree rate in Egyptian pounds is 14.38%.

Hurdle Rate 52

Hurdle Rate Currencies Valuation Marketing 52

Barry Ritholtz

DECEMBER 26, 2023

Accounting was very difficult. It’s about a 50% fail rate, something like that. You, you mentioned the fed raising rates. What do you see in, in treasuries and the fixed income half of the portfolio? And I remember that first level was tough. I had no finance background. So, 00:08:16 [Speaker Changed] Right.

Marketing 61

Marketing Leadership Finance Investments 61