Remove Benchmarking Remove Pharmaceutical Remove Profit and Loss
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Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. They announced a $640 million loss and ouch. So it leads to the question, what’s the secret to this longstanding outperformance against all benchmarks and, and all passive measures?

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The Sugar Daddy Effect? Assessing Corporate venture capital, Sovereign funds and Green Energy!

Musings on Markets

As companies mature, with business models delivering profits and reinvestment needs declining, it is not surprising the companies look outward, with acquisitions often entering the equation. This is, again, more likely to happen as companies age, and their internal R&D loses its punch.