Barry Ritholtz

APRIL 7, 2023

American Prospect ) see also Six Ways Existing Economic Models Are Killing the Economy : The alleged science doesn’t match up to the real world. Known as the Dean of Valuation, he teaches Corporate Finance and Valuation to the MBA students at Stern where he has been voted “Professor of the Year” by the graduating M.B.A.

Valuation 116

Valuation Corporate Finance Advertising Finance 116

CFO News Room

JANUARY 7, 2023

That said, to use mean reversion in analysis or investing, you need to know what these averages are, either over time or across companies, and data can help in that pursuit. . Check rules of thumb : Investing and corporate finance are full of rules of thumb, many of long standing.

Marketing 130

Marketing Valuation Corporate Finance Financial Analysis 130

CFO News Room

DECEMBER 16, 2022

And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Musings on Markets

JANUARY 28, 2024

In this post, I look at risk, a central theme in finance and investing, but one that is surprisingly misunderstood and misconstrued. Risk Measures There is almost no conversation or discussion that you can have about business or investing, where risk is not a part of that discussion. What is risk?

Hurdle Rate 93

Hurdle Rate Concentration Investments Finance 93

CFO Thought Leader

MAY 14, 2024

Redirecting from his initial pursuit of a career in medicine after having fallen in love with economics, he embarked on a formidable journey down the corridors of finance. Starting in Chicago, he cut his teeth on investment banking and credit analysis at ABN AMRO, now part of Bank of America.

CFO 52

CFO Leadership Finance Communication 52

CFO News Room

JANUARY 24, 2023

Not surprisingly, Moneyball has found its way into business and investing as well. Mean Reversion works, until it does not : Much of investing over the last century in the US has been built on betting on mean reversion, i.e. that things revert back to historical norms, sooner rather than later.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

Corporate Finance Lab

DECEMBER 14, 2021

These different approaches have not yet been subject to a thorough comparative and economic analysis, including a review of the empirical evidence on how the regulation of share issuances plays out in practice. My doctoral thesis aims to fill this gap. Below, I summarize the policy proposals that I made that are most relevant for Belgian law.

Economics 57

Economics Accounting Marketing Communication 57

Barry Ritholtz

APRIL 11, 2023

Wall Street Journal ) see also Take ‘Potential Winners’ With a Grain of Salt : Investment fads are nothing new, as the Salton Sea’s mid-century boom-turned-bust shows—a timeless lesson. His textbook “ Investment Valuation ” is the standard in the field. class nine times.

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Valuation Corporate Finance Treasury Finance 98

CFO News Room

JANUARY 18, 2023

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income. Returns on Invested Capital (or Equity).

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

PYMNTS

JANUARY 15, 2019

Citi ‘s latest report on how the corporate finance world plans to navigate volatility in 2019 suggests chief financial officers (CFOs) have a role model toward which to look: the so-called “tech titans.” ” The report stated that Citi estimates $10.6 ” The report stated that Citi estimates $10.6

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Mergers and Acquisitions (M&A) Corporate Finance Finance Economics 46

CFO News Room

JANUARY 20, 2023

In fact, almost every investment scam in history, from the South Sea Bubble to Bernie Madoff, has offered investors the alluring combination of great opportunities with no or low danger, and induced by sweet talk, but made blind by greed, thousands have fallen prey. Let me use two illustrations to bring this home.

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Hurdle Rate Currencies Investments Corporate Finance 130

CFO Talks

MARCH 14, 2024

By carefully prioritizing their tasks and responsibilities, CFOs can effectively navigate their broad and varied role, ensuring that their time and efforts are invested in areas with the highest impact on the company’s success.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO News Room

JANUARY 11, 2023

For example, investment bankers are near the top of the list, often working for large investment banks like Goldman Sachs or Morgan Stanley. You can find these jobs in financial institutions such as banks, investment banks, hedge funds, and private equity firms. Investment Banker. And how much money do they make?

Banking 130

Banking Financial Analyst Budgeting Investments 130

Musings on Markets

JANUARY 12, 2021

Corporate Finance : Corporate finance is the development of the first financial principles that govern how to run a business. It is that mission that makes corporate finance the ultimate big picture class, one that everyone (entrepreneurs, investors, analysts, business observers) should take.

Valuation 52

Valuation Corporate Finance Finance Investments 52

CFO News Room

NOVEMBER 9, 2022

trillion in investments yearly over the next three years — Biden’s senior advisor on climate change John D. We’ve got to unlock that [private-sector] capacity for people to make investments in building a clean-energy future or else we’ll miss both the development goals and the climate goals.”. Podesta told The Washington Post.

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Planning Corporate Finance Investments Finance 100

Corporate Finance Lab

NOVEMBER 8, 2023

While research extensively covers the effects of tax and interest policies on entrepreneurship, the impact of insolvency laws remains underexplored in law and economics scholarship. It is rather unlikely that the government and employees will finance growth since there is little room for negotiation to increase these debt levels.

Finance 55

Finance Economics Restructuring Banking 55

PYMNTS

DECEMBER 3, 2018

Like many positions in corporate finance, the role of chief financial officer (CFO) is facing new pressures in a climate of innovation and novel challenges, from cybersecurity to geopolitical events. It’s a shift that’s been happening for years.

Corporate Finance 75

Corporate Finance CFO Finance Leadership 75

PYMNTS

JANUARY 27, 2020

Researchers noted that corporate finance professionals had signaled plans to increase cash reserves and short-term investment holdings at the start of Q4, though the report found that they did so at a faster-than-expected pace. ” Last week, reports in Reuters warned that corporate forecasts in the U.S.

Corporate Finance 52

Corporate Finance Forecasting Treasury Finance 52

PYMNTS

AUGUST 29, 2018

“When [corporates] are investing in their companies, they’re going to acquire assets,” he said. Where there is business optimism and confidence, we find that businesses will invest in assets and feel good about investing — and then they purchase, finance and lease equipment.”.

Finance 40

Finance Economics Investments Marketing 40

PYMNTS

JUNE 21, 2016

According to a survey conducted by the chamber, there are negative effects of such legislative efforts , with businesses noting that they have been forced to increase prices for their customers as a result of regulatory impacts or have had to delay or cancel investments for growth. ” .

Economics 40

Economics Compliance Finance Auditing 40

Corporate Finance Lab

FEBRUARY 7, 2023

What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman famously claimed, “to increase its profits”? [1] 4] Canadian law professor Joel Bakan went even further by condemning the business corporation itself as a “pathological institution” whose relentless pursuit of profit has psychopathic attributes. [5]

Economics 93

Economics Investments Accounting Numbers 93

CFO News Room

NOVEMBER 11, 2022

In my last post, I used Facebook’s recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

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Accounting Marketing Advertising Valuation 130

Corporate Finance Lab

SEPTEMBER 5, 2022

U zal dus minder verdienen aan deze investering terwijl het risico (grotendeels) gelijk blijft. Indien deze verhoogde kost niet tot het einde leidt van dat bedrijf zal een investering in dit type onderneming dus een hogere return opbrengen. [2] Yasuda, “Impact investing”, Journal of Financial Economics 139, 2021, 162–185.

Finance 61

Finance Quantitative Analysis Economics Investments 61

Musings on Markets

JANUARY 8, 2022

Not surprisingly, Moneyball has found its way into business and investing as well. Mean Reversion works, until it does not : Much of investing over the last century in the US has been built on betting on mean reversion, i.e. that things revert back to historical norms, sooner rather than later.

Valuation 91

Valuation Corporate Finance Currencies Finance 91

Musings on Markets

AUGUST 15, 2023

In every introductory finance class, you begin with the notion of a risk-free investment, and the rate on that investment becomes the base on which you build, to get to expected returns on risky assets and investments. What is a risk free investment?

Investments 80

Investments Currencies Treasury Hurdle Rate 80

Future CFO

SEPTEMBER 16, 2020

Amid market volatility and disruptions in supply and demand, companies are increasingly looking for alternative structures to hedge their investment risks and support expansion. These provide CFOs with more options for investment in these challenging times and beyond. FutureCFO: What are some of the concrete benefits to the CFO?

CFO 52

CFO Banking Finance Corporate Finance 52

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. The company had previously raised pre-seed and seed funding, and, according to reports, is set to close an additional investment round to the tune of $2.5

Finance 46

Finance B2B Startups Corporate Finance 46

Corporate Finance Lab

DECEMBER 5, 2022

of the Code of Economic Law with an exemption for specific categories of financial services introduced by the B2C Finance Royal Decree and the FSMA communication on the application of unfair terms in offers of investment instruments [i] ; and. of the Code of Economic Law […]. the B2B regime in Article VI.91/1 91/1 et seq.

B2B 85

B2B B2C Economics Finance 85

PYMNTS

AUGUST 27, 2019

26) warned that continued uncertainty linked to Brexit and trade wars have limited borrowing and investment appetite across the globe. banks are actually more exposed to an economic downturn than EU institutions. Corporates aren’t alone in their confidence, either. Reports in the Financial Times on Monday (Aug.

Banking 51

Banking Economics Corporate Finance CFO 51

CFO News Room

NOVEMBER 5, 2022

Having valued and invested in Facebook multiple times in the last decade, I will throw my two cents in, but rather than make the earnings report the center of attention, I will use the company’s recent travails to talk about three issues that I think are big issues not only at Facebook, but for the entire market.

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Musings on Markets

FEBRUARY 27, 2022

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income.

Hurdle Rate 80

Hurdle Rate Investments Accounting Entertainment 80

Corporate Finance Lab

MAY 12, 2022

To please their investors, executives cause corporations to return cash to investors through share buybacks, leaving insufficient funds for long-term investment. In fact, cash piles of corporations have increased. In addition, investments in R&D are increasing (and not decreasing) in the US economy.

Marketing 78

Marketing Economics Investments Concentration 78

Corporate Finance Associates

OCTOBER 29, 2021

The increasing investments in major end users of automotive, aerospace, and military industries, will propel the growth in the global sheet metal fabrication services market. The global sheet metal fabrication services market size was valued at $15.81 billion in 2020 and is estimated to grow at a CAGR of 3.46% to reach $16.31

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Construction Transportation Manufacturing 52

Musings on Markets

NOVEMBER 10, 2022

In my last post, I used Facebook's recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

Accounting 74

Accounting Advertising Valuation Investments 74

VCFO

MAY 5, 2022

Panelist – Jim Briggs, Director, Statesman Corporate Finance | jbriggs@statesmanbiz.com. An experienced investment banker can provide a reasonable estimate of market value, but the true market value can only be determined through a high-quality marketing process that produces multiple offers from qualified buyers.

Sales 79

Sales Mergers and Acquisitions (M&A) Planning Valuation 79

CSC Advisors

AUGUST 8, 2022

Did you know that this month, the Small Business Administration (SBA) announced that they are no longer accepting applications about requests for an increase of an Economic Injury Disaster Loan (EIDL)? You have an equity investment. Let our experts in corporate finance help you with requesting a loan and navigating through the options.

Corporate Finance 52

Corporate Finance Economics Finance Investments 52

Future CFO

NOVEMBER 20, 2019

In the non-practising sector, these functions include corporate finance, investment and financial management, internal control and risk management, as well as compliance, the accountancy body added. “In

Accounting 40

Accounting Problem Solving Auditing Corporate Finance 40