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

CFO News Room

NOVEMBER 5, 2022

From there, we have several articles on investment planning: While I Bonds have received significant attention during the past year, TIPS could be an attractive alternative for many client situations. Pundits continue to expect “SECURE 2.0” Enjoy the ‘light’ reading! Author: Adam Van Deusen. Team Kitces.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Valuation 130

PYMNTS

SEPTEMBER 9, 2020

Berkshire Hathaway plans to invest more than $570 million in cloud data company Snowflake , which has filed for an initial public offering (IPO) of stock. The target valuation points to the high expectations for the company, whose technology aims to handle large volumes of data. Revenues, however, are not profits. million.

Profit and Loss 75

Profit and Loss Valuation Investments Sales 75

Musings on Markets

OCTOBER 25, 2022

This correction has been no exception, as the threat of losing investment capital has focused the minds of investors, and led many to reexamine practices adopted during the last decade. and which ones to include (cash acquisitions, foreign exchange gains or losses etc.) What is Free cash flow (FCF)?

Valuation 92

Valuation Profit and Loss Forecasting Investments 92

PYMNTS

DECEMBER 4, 2020

Securities and Exchange Commission (SEC) on Friday (Dec. The pet retail chain is also moving towards profitability after net losses the past two years. It has also narrowed its losses by 77 percent to $20.3 It could be looking for a $6 billion valuation. . Petco's net sales went up 9 percent over 2019, hitting $3.58

Profit and Loss 66

Profit and Loss Valuation Sales Retail 66

Musings on Markets

SEPTEMBER 19, 2023

In the first, I will look at the grocery business, both in terms of growth and profitability of grocery stores, since Instacart, as an intermediary in the business, will be affected by grocery business fundamentals. On the profitability front, the grocery business operates on slim margins, at every level.

Profit and Loss 102

Profit and Loss Valuation Advertising Investments 102

PYMNTS

JULY 7, 2020

And the series of “down rounds” seem to imply there is a growing disconnect between public and private market valuations. In terms of definition, a down round is when a private company taps the private market for fundraising, generally selling equity for lower valuations than had been seen before. billion valuation.

Profit and Loss 52

Profit and Loss Valuation Startups Marketing 52

PYMNTS

APRIL 1, 2019

As of Friday (March 29), Lyft had a market valuation of higher than $22.25 While investors applauded the business model and timing of the ride-hailing company, there are concerns about its lack of profitability. Lyft set a record in terms of the company having the most losses in the year leading up to its IPO. million shares.

Profit and Loss 46

Profit and Loss Valuation Startups Securities 46

Jedox Finance

JULY 11, 2023

According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of investors use ESG disclosures as a part of their investment decision-making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

PYMNTS

APRIL 25, 2016

In a framework of near-term activity, it seems that would-be investors are concerned where profits are headed (for instance, in firms like SecureWorks) and are paying attention to valuations (as many of them are so expensive). In the case of SecureWorks, net losses doubled, outpacing 30 percent top line growth.

Securities 40

Securities Profit and Loss Valuation Investments 40

CFO News Room

JANUARY 12, 2023

To put risk capital in perspective, it is best to start with a definition of risk that is comprehensive and all-inclusive, and that is to think of risk as a combination of danger (downside) and opportunity (upside) and to consider how investments vary in terms of exposure to both.

Investments 130

Investments Profit and Loss Treasury Marketing 130

CFO News Room

JANUARY 17, 2023

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. Investment Implications: Asset Classes, Geographies and Companies. The Lead In. Bond Markets and Default Risk.

Economics 130

Economics Valuation Treasury Forecasting 130

CFO News Room

FEBRUARY 5, 2023

The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research, an investing group that specializes in targeting and shorting companies that it believes have dubious accounting and business practices.

Marketing 130

Marketing Investments Auditing Restructuring 130

PYMNTS

DECEMBER 24, 2020

Here are a few of the more noteworthy ones, listed in order of valuation at the time of going public: 1. The company also reported a $23 million profit for the second quarter — its first black ink in history. However, GoodRx reported a $50 million Q3 loss in November, helping to send the stock partly back downward.

Profit and Loss 92

Profit and Loss Valuation eCommerce Planning 92

Musings on Markets

FEBRUARY 4, 2023

The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research, an investing group that specializes in targeting and shorting companies that it believes have dubious accounting and business practices.

Investments 100

Investments Valuation Auditing Restructuring 100

Musings on Markets

DECEMBER 2, 2020

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. That said, though, it is worth peeking under the hood to see how this business model plays out as revenues and earnings.

Profit and Loss 52

Profit and Loss Valuation Investments Numbers 52

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

PYMNTS

NOVEMBER 8, 2019

The problem with large investments – the type that run into the billions of dollars – is that just as gains can be astronomical, the losses can be devastating. billion rescue, and also said it had taken its valuation of the beleaguered workspace company down by 80 percent, to around $5 billion at the end of the most recent quarter.

Profit and Loss 40

Profit and Loss Valuation Education Currencies 40

Cube Software

MAY 11, 2023

The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. If the market research shows that this product is not going to drive profit, for instance, shelve it, or begin finding ways to reduce costs and/or boost sales.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Barry Ritholtz

DECEMBER 5, 2023

The transcript from this week’s, MiB: Michael Fisch, American Securities , is below. Michael Fish is co-founder and CEO of American Securities. I found this conversation to really be intriguing and I think you will also, with, with no further ado, my discussion with American Security, CEO, Michael Fish.

Mergers and Acquisitions (M&A) 69

Mergers and Acquisitions (M&A) Investments Valuation Numbers 69

Musings on Markets

MARCH 19, 2022

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. to 25% for the Eurozone. lower than the traded value of 4766.

Economics 100

Economics Valuation Treasury Forecasting 100

Musings on Markets

JULY 1, 2022

To put risk capital in perspective, it is best to start with a definition of risk that is comprehensive and all-inclusive, and that is to think of risk as a combination of danger (downside) and opportunity (upside) and to consider how investments vary in terms of exposure to both.

Marketing 88

Marketing Investments Profit and Loss Treasury 88

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 98

Advertising Profit and Loss Investments Marketing 98

PYMNTS

JUNE 25, 2018

In the first quarter of this year, KPMG said in a recent report that there were five $1 billion-plus mega-venture capital rounds, and analysts say venture capitalists (VCs) are diversifying their investment targets as emerging focuses, from artificial intelligence (AI) to healthcare, build excitement.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

FEBRUARY 8, 2019

Grubhub reported a net loss of $5.2 DoorDash raised $250 million in new funding in 2018, and quadrupled its valuation to $4 billion. Securities and Exchange Commission (SEC) for its upcoming public offering. They see orders, but not always profitable ones, with Grubhub’s burgeoning customer list built at their expense.

Profit and Loss 59

Profit and Loss Forecasting Valuation Budgeting 59

PYMNTS

FEBRUARY 8, 2019

Grubhub reported a net loss of $5.2 DoorDash raised $250 million in new funding in 2018 and quadrupled its valuation to $4 billion. Securities and Exchange Commission for its upcoming public offering. Grubhub shares dropped 21 percent and hit a two-year low. By The Numbers. million or $.06 million or $.60

Profit and Loss 40

Profit and Loss Forecasting Valuation Budgeting 40

Barry Ritholtz

JULY 24, 2023

And so when I asked myself the question, am I qualified to provide investment advice? And so for the longest time, I actually thought that my unconventional background, I wasn’t an Ivy League student, I didn’t train at an investment bank, I wasn’t working for a hedge fund, I started my career as a bank teller.

Construction 52

Construction Marketing Valuation Investments 52

Barry Ritholtz

MARCH 21, 2023

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, this will be my shortest introduction ever, Clifford Asness and I just go over the entire universe of quant factor and value investing. So given AQR has been around for 25 years, how has your investing philosophy evolved over that period, assuming it’s changed at all?

Profit and Loss 65

Profit and Loss Valuation Forecasting Investments 65

Barry Ritholtz

MARCH 12, 2024

Sean Dobson has really had a fascinating career as a real estate investor, starting pretty much at the bottom and working his way up to becoming a investor in a variety of mortgage backed securities, individual homes, commercial real estate, really all aspects of the finding, buying and investing in, in real estate. Anything else?

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57

Barry Ritholtz

DECEMBER 12, 2023

You fell in love with investing as an 8-year-old. But in the New York Times, there was an advertisement that the value line investment survey needed analysts. They announced a $640 million loss and ouch. Things get worse at one of the companies that I’ve invested in. Let, let’s start with your background.

Benchmarking 103

Benchmarking Concentration Investments Profit and Loss 103

Barry Ritholtz

APRIL 11, 2023

 The transcript from this week’s, MiB: Aswath Damodaran: Valuations, Narratives & Academia , is below. You’re known as the dean of valuation. What led you into that field of study in the world of investing? He said, oh, dean of valuation, it’s easier to say. They had the access to loss and excel really.

Valuation 115

Valuation Education Finance Investments 115

PYMNTS

MARCH 7, 2016

Lately, though, they’re probably tossing and turning over the difficulties with raising capital coupled with the simultaneous descent of their venture’s valuations. And whether, if one and two come true, there’s a business model underneath all of it to profit from. ARE WE SOLVING THE RIGHT PROBLEMS FOR THE RIGHT PEOPLE?

Banking 46

Banking Profit and Loss Retail Manufacturing 46

Barry Ritholtz

FEBRUARY 20, 2024

And so you had a situation where you could take big positions in the euro dollar market, affect the price and the cash market and actually make a profit. So the sort of the tail was wagging the dog for SOFR, the secured overnight funding rate for repo. He said, oh, it’d take at least two or three weeks, really?

Treasury 57

Treasury Marketing Economics Banking 57

Barry Ritholtz

NOVEMBER 7, 2023

’cause there’s a lot you can do if you are willing to run the risk that like maybe the Securities and Exchange Commission will sue you or like maybe you’ll go to jail for a year, you know, but maybe you’re gonna make a lot of money first. The, it’s not even return on investment, here’s our $50 billion.

Numbers 61

Numbers Profit and Loss Banking Finance 61