Musings on Markets

SEPTEMBER 9, 2024

In parallel, I also noted that investors have to change the way they value and price companies, to reflect where they are in the life cycle, and how different investment philosophies lead you to concentrated picks in different phases of the life cycle.

Valuation 114

Valuation Construction Manufacturing Marketing 114

CFO Talks

SEPTEMBER 13, 2024

While based in Bologna, we’ll visit car manufacturers like Ferrari, Lamborghini, and Ducati as part of a mini-MBA program. Past tours have led to real business deals, such as when one of our members signed a distribution agreement with a Mexican car parts manufacturer. There will also be trips to Florence, Venice, and possibly Milan.

Finance 97

Finance Auditing CFO Leadership 97

PYMNTS

APRIL 20, 2018

It makes no economic sense to make something that keeps losing money. would have, and seems to be having, an impact on none other than Taiwan Semiconductor Manufacturing Company, which makes chips that are, among other things, used in cryptocurrency mining, which relies on powerful computers to produce bitcoin.

Concentration 41

Concentration Manufacturing Currencies Economics 41

Global Finance

OCTOBER 31, 2024

The toolbox is open, and the fine-tuning is underway, as China’s policymakers and financial institutions respond to the thorny economic challenges of the post-pandemic era. CICC underwrites green bonds, and Bohai offers low-interest loans to emissions-cutting manufacturers. Has China’s banking sector reached an innovation peak?

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Risk Management Manufacturing Construction 52

Musings on Markets

AUGUST 19, 2024

In the manufacturing-centered twentieth century, it took decades for companies like GE and Ford to scale up, but they also stayed at the top for long periods, before declining over decades. Advice on concentrating your portfolio and having a margin of safety, both value investing nostrums, may work with the former but not with the latter.

Corporate Finance 101

Corporate Finance Valuation Investments Finance 101

Musings on Markets

JANUARY 12, 2021

During 2020, as I watched companies and investors struggle with the after shocks of the economic shut down created by COVID, I wrote a series of fourteen posts (linked below) on what I was learning, unlearning and relearning about corporate finance and valuation. Debt can handcuff even large, established companies & put them at risk.

Valuation 52

Valuation Corporate Finance Finance Investments 52

Barry Ritholtz

DECEMBER 19, 2023

00:21:47 [Speaker Changed] And a lot of funds that have found success seem to have run some pretty concentrated portfolios. 00:22:29 [Speaker Changed] So less concentrated exposure. 00:38:26 [Speaker Changed] So if I say to you, US has been really strong economically and Japan has been doing well, but Europe has been limping along.

Healthcare 64

Healthcare Investments Construction Concentration 64

CFO News Room

NOVEMBER 22, 2022

But that means if you’re in a company that, at the end of the day, manufactures product, the people in those groups tend to be people that move a lot of the product because that’s the business of the company. But I’m struck as you were framing this that this basically had nothing to do with the economics of it.

Planning 130

Planning Communication Profit and Loss Education 130

Barry Ritholtz

JULY 11, 2023

JOHNSON: And so, and the manufacturer had less power. India seems to be like a perennial next economic powerhouse after China and it just always seems to be not catching that next bid. JOHNSON: It became a much riskier investment by investing the S&P 500 based on volatility and concentration. RITHOLTZ: Right.

Mergers and Acquisitions (M&A) 88

Mergers and Acquisitions (M&A) Investments Finance Technology 88

Global Finance

JULY 9, 2024

Egypt really is enjoying a moment,” observes David Lubin, a senior research fellow at Chatham House in London and a seasoned global economic observer. Egypt has long been regarded as a narrow economy concentrated in just three sectors: energy, agriculture, and tourism. That could well be an understatement. That’s a tall order.

Economics 111

Economics Concentration Investments Construction 111

CFO News Room

FEBRUARY 6, 2022

At present, just four manufacturers control 84% of the hearing-aid market, according to the Open Markets Institute, a think tank critical of corporate concentration. The reason, analysts say, is federal and state rules that compel manufacturers to sell through medical professionals. SHARE YOUR THOUGHTS. Why or why not?

Concentration 130

Concentration Profit and Loss Manufacturing Marketing 130

Barry Ritholtz

MARCH 26, 2024

You get a BA in economics and poli sci from the University of Delaware. And it had to do with the discipline of the models that he used and how he segmented economic liquidity, investor liquidity, and then technicals and and breath conditions and understood how they melded together. What was the original career plan?

Investments 59

Investments Marketing Concentration Economics 59

Barry Ritholtz

APRIL 4, 2023

So you would see pretty high concentrations of, you know, $100 million, $200 million, $300 million, all essentially sitting on a single balance sheet of the bank. You raised another $11 billion in capital, despite the economic environment. You guys had a huge year. You invested $11 billion, that’s a record, 375 transactions.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Finance Banking 59

CFO News Room

NOVEMBER 27, 2022

The US is working to get both countries to join efforts to economically isolate and militarily contain China. While Tokyo and Seoul have been pragmatic in their dealings with Russia, early indications are they’re going to have a more challenging time navigating what’s to come in the US economic war against China. By Conor Gallagher.

Manufacturing 100

Manufacturing Economics Investments Securities 100

Barry Ritholtz

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Treasury 52

Treasury Retail Economics Entertainment 52

Barry Ritholtz

DECEMBER 10, 2024

And they essentially take companies as varied as tire manufacturers and industrial producers and retailers, and find intelligent ways to use technology to make these companies more efficient, more productive, more profitable. And it, you know, it was a very challenging economic environment. Much more involved than a consulting firm.

Technology 52

Technology Manufacturing Investments Education 52

CFO News Room

DECEMBER 8, 2022

Until recently, economic central planning from the political right received far less attention than its well-known manifestations on the left. Unfortunately, an emerging faction on the political right has decided to deploy economic planning of their own as an intended countermeasure against their progressive foes.

Economics 130

Economics Education Planning Manufacturing 130

CFO News Room

JANUARY 17, 2023

Davos tries testing: Everyone at the World Economic Forum annual meeting — including journalists and participants — has to take a PCR test upon arrival. An ERV can economically introduce fresh ventilation air into your home. We are now two weeks away from holiday travel, so we should have a result. See below at case data.

Concentration 130

Concentration Economics Manufacturing Numbers 130

Barry Ritholtz

NOVEMBER 12, 2024

Barry Ritholtz : This week on the podcast, another extra special guest, Peter Goodman, is the award-winning investigative reporter and economics correspondent for the New York Times, his latest book, how the World Ran Out Of Everything Inside The Global Supply Chain. And I was ostensibly the economic writer. Wall Street’s happy.

Manufacturing 104

Manufacturing Economics Numbers Entertainment 104