Hints and tips:
...But I’m starting to think maybe it’s legit to have the core of your portfolio be Warren Buffett and Berkshire Hathaway, I think it offers some interesting characteristics that maybe the S&P 500 doesn’t....
...Unlike many trading firms, Jane Street also makes a point out of paying its people according to their contribution to the broader company, rather than tying it to personal P&L or the earnings of their desk...
...The biggest offender I could find is the L&G Tracker Trust CTF, which launched in 1999 and in 2023 still has an eye-watering ongoing charge of 1.56 per cent for the £1.3bn invested in the fund....
...Global luxury brands LVMH and L’Oréal collectively account for almost a quarter of the returns from French stocks. These are not outliers....
...I said to myself, ‘This is a gold mine’. It was like a Rosetta Stone for how to do leveraged buyouts....
...“I’d rather pay 20 per cent capital gains tax on an S&P 500 or MSCI Global return than have a tax-free nothing much FTSE 100 return,” said one reader, summing up the views of many....
...The performance of the S&P 500 index is now the most concentrated it has been since the 1970s....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...L Gates....
...Hello, I’m Emma Dunkley on the Asset Management team and I’m filling in for Harriet today....
...This is one criticism you’ll hear, and I want to read just briefly from Peter L Bernstein’s 1996 investing classic, Against the Gods. He writes here, gives this little fictional story....
...“And I think advancements in quality assurance will enable us to steer the market towards high quality credits.”...
...additional assets, such as an equity portfolio, as collateral....
...“On the whole, I would avoid the thematic ETFs which focus on a particular growth area,” says Peter Sleep, senior portfolio manager at Seven Investment Management....
...Landsec will partner with Peel L&P, which will keep a 25 per cent stake. Landsec’s purchase of the waterside area includes £293.6m of debt, reducing its equity investment to £207.6m....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...“I do everything people ask of me but I do it my way.”...
...S&L products can be a life saver if you want to hedge a portfolio over weeks and even months. Markets don’t always just randomly bob up and down....
...In November 2020, MSCI downgraded P&G’s ESG rating to A from AA. Peltz started on the company’s board in 2018....
...From top to bottom, from CEO compensation to divisional budgeting and P&L to managerial targets, structures and incentives, we’ve built private firms from the ground up to do one thing really well: extract...
...I am sure you won’t be at all surprised to learn that at the half-year point, it is our readers who have proved to be the superior stock pickers, with the winning portfolio returning an incredible 233 per...
...For example, the Rize ETF may have a broader remit than L&G Cyber Security, even if they share some holdings....
...If the economic trajectory does indeed look more like an “L” than a “V” or “U”, portfolios will need to combine recovery stocks with cash and lower-risk bonds as well....
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...“These divisions [will be] the highest operational level, which means they are fully accountable for their P&L and their operational balance sheet,” he added....
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