Are Stocks Cheap After COVID-19 – Part II

Investing

by Matt - March 31, 20200

The answer is not that simple. But a lot of people are seeing bargains out there while many market participants are simply not able to buy. Meanwhile, valuation is less relevant versus questions about going concern in this market because great companies may never achieve price targets in a normal

Making Sense of the Coronavirus Market Landscape – Part I

Investing

by Matt - March 31, 2020March 31, 20200

So we have not posted for a while - somewhat surprising because the COVID-19 situation has everyone working from home which would mean that we have a lot of free time. We were busy with our real jobs instead of this charity/volunteering, sorry. Anyway, most market participants are shell shocked right now

ESG Investing: Will Private Equity Firms Refocus on Stakeholder Value?

by Bocconi Students PE Club - February 19, 20201

By Arun Maganti Initially posted on the BSPEC blog ESG (Ethical, Social, and Governance) investing has become much more prevalent as of late. Private equity firms, which have often been portrayed in a negative light due to aggressive leveraged buyouts and “vulture capitalism,” have recently been pushing for ethical investments. But is

Equities, Shares and Stocks | 股本和股票

by Zhang Ming - February 13, 2020February 14, 20200

无论您的目标是为退休储蓄还是子女的教育費，投资都可以帮助您实现长期财务目标。当您第一次开始投资时，您必须做出的最重要的决定之一就是将钱放在哪里。听起来很简单。但是，有超过2,000种共同基金和14,000种股票可供选择，您从哪里开始呢？首先，对您可以使用的投资类型以及每种投资提供的内容有深刻的了解，您将拥有信心和知识来制定健全的投资策略。 8070

Greater Good Utilitarian Principles in China and Investing Implications

by Matt - January 10, 2020January 10, 20200

The Chinese economy will continue to march on at 6% GDP growth per year – so by that logic, should it match or outperform the S&P 500 every year which represents the U.S. with 2% GDP growth (or global GDP growth)? Likewise, will the average Chinese stock move up in

China Stocks Investing: New Cold War and Bond Defaults

by Matt - January 7, 2020January 7, 20200

In this post, we continue to discuss themes to understand before investing in Chinese stocks in the 2020s. Investing Amidst the U.S. China Cold War If the current trajectory continues (steady growth at 6% per year) while the Chinese economy continues to decouple from the U.S., there may end up being positive

Distressed Debt Overview

by Matt - September 5, 2019September 5, 20190

Introduction to Distressed Debt Similar to all other aspects of finance and investing, distressed debt investing means higher risk and higher reward. Distressed debt is in itself a very unique asset class that falls under the jurisdiction of alternative asset managers – primarily hedge funds. Although debt markets are very large

Spreading Investment Banking Comps: Net Debt

by Matt - March 17, 2019March 17, 20190

Getting to the equity market value of a company was discussed in a prior post. Recall that the basic enterprise value formula is: EV = Equity + Net Debt [Debt - Cash] The extended formula can be: EV = Equity + Debt - Cash & Marketable Securities + Preferred Shares + Minority Interest +

Real Estate Investment Considerations and Strategies

by Matt - March 3, 2019March 3, 20190

The following article should not be taken as investment advice and is for information purposes only In this post we discuss some factors to look at when investing in real estate as well as some ways to unlock value and create wealth using real estate (from a finance and capital allocation

Why Investment Bankers Are Bad Investors

by Matt - January 26, 2019January 26, 20190

Friendly Neighbourhood Investment Banker Not A Stock Picker Seems counterintuitive right? People who literally look at stocks all day and tell corporates how to take on corporate actions (such as mergers & acquisitions, dividend hikes and share repurchases, and play Nostradamus on how the market will respond to things in glossy