Barry Ritholtz

FEBRUARY 17, 2025

The transcript from this weeks, MiB: Christine Phillpotts, Ariel Investments , is below. Christine Philpots of Aerial Investments has specialized in emerging markets and frontier markets. For most of her career, she has been around the world and if you name a hotspot investing place, she’s been there. Christine Philpots.

Investments 57

Investments Economics Marketing Benchmarking 57

The Big Picture

JUNE 16, 2025

I wanna, I want to get into some of the details before we start talking about markets and investing. And so I was going to have to invest and save on my own account to accomplish that. And I discovered that when you’re writing about investing, one of the key subjects that you have to nail down is the history of finance.

Math 52

Math Finance Investments Marketing 52

Musings on Markets

MARCH 15, 2025

As businesses have globalized, consumers and investors have had no choice but to follow, and the things we buy (from food to furniture) and the companies that we invest in all reflecting these global influences. That crisis exposed the failures of the expert class, leading to a loss of trust that has never been recovered.

Investments 132

Investments Profit and Loss Valuation Economics 132

Global Finance

JULY 8, 2025

To find out how companies are coping with rising trade tensions and currency volatility, we asked our writers across key regions—Southeast Asia, Japan, India, and the United States—to speak with manufacturers and exporters on the ground. First the pause button goes on; capital investment is halted, hiring is halted,” he adds.

Manufacturing 126

Manufacturing Profit and Loss Planning Marketing 126

Musings on Markets

AUGUST 19, 2024

In fact, the business life cycle has become an integral part of the corporate finance, valuation and investing classes that I teach, and in many of the posts that I have written on this blog. Tech companies age in dog years, and the consequences for how we manage, value and invest in them are profound.

Corporate Finance 123

Corporate Finance Valuation Investments Finance 123

VCFO

MARCH 17, 2023

How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result. A benchmark exercise can also provide insight here.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

PYMNTS

NOVEMBER 17, 2020

billion to invest in its one-day delivery service of farm goods across China, among other projects. 16), Pinduoduo said it will use the money “to invest in agricultural logistics infrastructure and responsive manufacturing as consumer behavioral changes accelerate the online migration of retail.”.

Profit and Loss 90

Profit and Loss Manufacturing eCommerce Investments 90

Musings on Markets

NOVEMBER 9, 2021

If you review those valuations, you will notice that in each valuation, my story for the company expanded, and my valuations increased, but the market price for the company jumped even more, leading me to conclude in each of them that it was not a company that I would invest in.

Valuation 101

Valuation Profit and Loss Manufacturing Investments 101

CFO News Room

FEBRUARY 3, 2022

Leeds may own shares in some of the investments mentioned, in which case the newsletter will clearly indicate that fact. However, shipping delays and manufacturing issues in China are taking a big bite out of earnings for Amyris. million suggests that the company is successfully clawing its way to profitability. Amyris, Inc.

Profit and Loss 130

Profit and Loss Risk Management Manufacturing Forecasting 130

Musings on Markets

FEBRUARY 8, 2024

That bias notwithstanding, these seven companies have been extraordinary investments, not just in 2023, but over the last decade, and there are lessons that we can learn from looking at the past. First, let's look at the performance of these seven stocks in 2023, when their collective market capitalization increased by a staggering $5.1

Marketing 141

Marketing Valuation Profit and Loss Advertising 141

PYMNTS

SEPTEMBER 19, 2018

Spending on cognitive and artificial intelligence (AI) systems is expected to see continued strong growth as businesses invest in projects in those areas. Two areas of focus for the investments include conversational AI applications and deep learning and machine learning applications. billion in 2022, more than three times the $24.0

Profit and Loss 76

Profit and Loss Forecasting Pharmaceutical Leadership 76

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

Valuation 128

Valuation Profit and Loss Accounting Investments 128

Jedox Finance

JUNE 15, 2022

Investing in fixed assets can be risky. You want to be well informed about longevity, loss in value and increase in performance before making a purchasing decision that can impact your company’s future. What type of investment are capital expenditures? What type of investment are capital expenditures? Table of Contents.

Profit and Loss 69

Profit and Loss Investments Planning Manufacturing 69

Nerd's Eye View

APRIL 3, 2024

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

Economics 97

Economics Marketing Valuation Profit and Loss 97

Spreadym

JULY 19, 2023

The three main types of financial statements are: Income Statement (Profit and Loss Statement) Balance Sheet (Statement of Financial Position) Cash Flow Statement Income Statement (Profit and Loss Statement) The income statement summarizes a company's revenues, expenses, and profits or losses over a specific period, typically quarterly or annually.

Profit and Loss 52

Profit and Loss Investments Sales Finance 52

PYMNTS

MAY 31, 2018

But how to harness and tap into those great expectations profitably? comes It’s been over a year since Amazon’s announced its intention to invest $5 billion in its own eCommerce efforts: and the eCommerce giant has already brought its Prime video and music services to India, as well as its annual Prime Day blockbuster sale.

eCommerce 40

eCommerce Profit and Loss Sales Accounting 40

Musings on Markets

SEPTEMBER 5, 2024

While it is just one quarter, there are clear signs of more slowing to come, as scaling will continue to push revenue growth down, the unit economics will be pressured as chip manufacturers (TSMC) push for a larger slice and operating margins will decrease, as competition increases.

Marketing 135

Marketing Valuation Profit and Loss Forecasting 135

The Finance Weekly

FEBRUARY 23, 2022

Other examples are Lego using real time data to drive , revenue over the past few years, and the FP&A team at manufacturing company Chemours improving margins for industrial plants. As we learned from Lego, this can propel profits to a whole new level. How the Study was Conducted.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

CFO Talks

JUNE 20, 2022

“As businesspeople, this offers us an opportunity: an opportunity to rethink our business models so that resiliency, profitability, and sustainability are not mutually exclusive.”. Invest in digital transformation. Focus on Sustainability.

Budgeting 52

Budgeting Profit and Loss Manufacturing SAP 52

CFO News Room

DECEMBER 10, 2022

The door was now open to federal “investments” in roads, canals, railroads, and other internal improvements. LAW was led by a Civil War officer named Albert Augustus Pope, who happened to have gotten in on the fad for cycling in a big way—he manufactured bicycles. Cycling would be much more enjoyable if our rutted roads were improved.

Construction 130

Construction Profit and Loss Treasury Economics 130

Musings on Markets

JULY 22, 2021

The primary attraction of the company, to investors, comes not from its current standing (modest revenues and big losses), but from its positioning to take advantage of the potential growth in the Indian food delivery market.

Marketing 99

Marketing Valuation Profit and Loss Advertising 99

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

OCTOBER 19, 2021

The net effect is that investors feel more confused now, when investing in companies, than ever before, even though the push towards more disclosures has ostensibly been for their benefit. As we look at the explosion of disclosures around the world, there are many obvious culprits. One size (does not) fit all!

Profit and Loss 96

Profit and Loss Accounting Numbers Marketing 96

Musings on Markets

FEBRUARY 15, 2023

During the course of the year, investors also rediscovered that the essence of business is not growing revenues or adding users, but making profits from that growth. In this post, I will focus on trend lines in profitability at companies in 2022, with the intent of addressing multiple questions.

Profit and Loss 52

Profit and Loss Investments Hurdle Rate Accounting 52

Global Finance

MAY 10, 2024

After years of lackluster growth, foreign direct investment is growing. As recent history has consistently demonstrated, there is nothing more certain than uncertainty. Manufacturing shows promising signs of recovery while nearshoring and friendshoring in new markets are becoming stronger trends.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Manufacturing Profit and Loss Investments 52

CFO Plans

OCTOBER 21, 2024

Conduct a detailed profit and loss analysis to uncover the types and amounts of debt your business holds. This priority helped them free up cash flow, which they invested in marketing campaigns to drive growth. A manufacturing firm successfully renegotiated their loan to secure a lower interest rate.

CFO 52

CFO Profit and Loss Startups Prioritization 52

Musings on Markets

NOVEMBER 4, 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.

Advertising 106

Advertising Profit and Loss Investments Marketing 106

PYMNTS

MARCH 2, 2020

Uber Eats, facing losses and stiffening competition from both Grubhub and DoorDash, is changing its leadership and reorienting its efforts around profitability. The S&P also had the dubious distinction of logging the biggest single-day losses it’s seen in its entire history — losing $1.7 trillion (with a “T”) last Tuesday.

Marketing 56

Marketing Profit and Loss eCommerce Leadership 56

PYMNTS

AUGUST 26, 2016

That loan comes care of Lampert’s ESL Investments, Inc. There was some good news to report — Home Services, Kenmore appliances, Craftsman tools and DieHard vehicle batteries have all captured the interest of various retailers, investors and manufacturers. Profit was $208 million ($1.84 hedge fund. per share).

Profit and Loss 40

Profit and Loss Manufacturing CFO Retail 40

Future CFO

JUNE 7, 2021

Meanwhile, the economic recovery and softening stimulus-led investment growth would stabilise the economy-wide leverage ratio and growth in government leverage, as well as moderate the deterioration in capital productivity, the firm said.

Profit and Loss 40

Profit and Loss Leverage Manufacturing Economics 40

Global Finance

MAY 8, 2024

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 CCB invested 4.9 billion after-tax profit versus $8.3 billion; a 2.3%

Banking 52

Banking Profit and Loss Construction Retail 52

Jedox Finance

FEBRUARY 15, 2023

Any progress is still progress By 2023, organizations across all sectors are predicted to invest close to $6.8 Because businesses are made up of many variables, ensuring that any upgrades you make are worth the investment requires consideration of more than just the result. trillion in digitalization efforts.

Prioritization 52

Prioritization Profit and Loss Manufacturing Planning 52

PYMNTS

AUGUST 3, 2017

Our Red Flag research shows that a recent loss of momentum in the economy is putting increased financial pressure on U.K. That system analyzes working capital, profits, net worth and contingent liabilities, according to the report. According to Traynor, the Begbies Traynor data incite worries over the overall economy. percent. “The

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

PYMNTS

JUNE 27, 2018

According to Frey, if an exchange rate shift of more than 10 percent would negatively impact a company’s PNL (profit and loss) or ability to generate revenue, then, regardless of size, that company should deploy an FX risk mitigation strategy. That’s because mitigation against currency volatility isn’t an isolated endeavor.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

Planful

APRIL 16, 2021

Investing in business growth now can help you inform future decisions. Some growth investments aren’t necessarily competitive drivers. Mergers and acquisitions (M&A) can increase market share, but they require big upfront investments. dollars —that’s almost two trillion more than the previous year.

Prioritization 40

Prioritization Financial Planning and Analysis (FP&A) Mergers and Acquisitions (M&A) Profit and Loss 40

CFO Simplified

OCTOBER 10, 2023

In order to be a leader, you need to invest in Research and Development, hire people with deep experience, thrust out in new areas. The former requires a greater investment in staff and development. Low enough to shock the consumer into having to make a choice, but not so far as to risk profitability.

Profit and Loss 52

Profit and Loss Planning Banking Manufacturing 52

PYMNTS

NOVEMBER 16, 2017

Mary’s has endured a century’s worth of economic challenges since its founding, including the Great Depression and the 1935 bankruptcy and shuttering of the Amoskeag Manufacturing Company, a textile firm that served as a significant economic engine for the Greater Manchester area in the early 20th century. For its part, St.

Profit and Loss 40

Profit and Loss Economics Banking Construction 40