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. With declining businesses, facing shrinking revenues and margins, it is cash return or dividend policy that moves into the front seat.

Corporate Finance 98

Corporate Finance Valuation Investments Finance 98

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

Barry Ritholtz

SEPTEMBER 3, 2024

Heather Brilliant : I worked at Bank of America and, and they had a wonderful corporate finance training program. I think actually if you go public, there tends to be a more of a concentration in owners holding founder 00:17:41 [Speaker Changed] Stock. But maybe second to valuation as a primary consideration.

Investments 58

Investments Valuation Concentration Marketing 58

Global Finance

SEPTEMBER 23, 2024

Those that closed a deal often paid way too much, or at least passed the companies along to public markets at inflated valuations. Higher interest rates have cut the global total of initial public offerings nearly in half since 2021, reducing targets’ leverage on valuation. Shares in electric vehicle maker Lucid Motors, whose $4.4

Valuation 104

Valuation Concentration Leverage Investments 104

Musings on Markets

AUGUST 15, 2023

After the rating downgrade, my mailbox was inundated with questions of what this action meant for investing, in general, and for corporate finance and valuation practice, in particular, and this post is my attempt to answer them all with one post. What is a risk free investment? Why does the risk-free rate matter?

Investments 83

Investments Currencies Treasury Hurdle Rate 83

Musings on Markets

JANUARY 9, 2021

To illustrate, consider a practice in valuation, where analysts are trained to add a small cap premium to discount rates for smaller companies, on the intuition that they are riskier than larger companies. It is very likely that these rules of thumb were developed from data and observation, but at a different point in time.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Barry Ritholtz

APRIL 6, 2023

Washington Post ) Be sure to check out our Masters in Business next week with Aswath Damodaran , Professor of Finance at New York University’s Stern School of Business. His textbook “ Investment Valuation ” is the standard in the field. So how does $210,000 a month sound? Vox ) • How good, really, was Pablo Picasso?

Valuation 115

Valuation Profit and Loss Financial Analyst Concentration 115