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...Thus only a fraction of overall AUM is deployed in strategies that have a direct impact on the VIX® index (e.g. 1-month over/underwriting strategies on the S&P 500 index)....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...The forward P/E of the Mag 7 is 31. The rest of the S&P 500, excluding the Mag 7 and four stocks with negative expected earnings, has a forward P/E of 19....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...The Mag 7 re-invests 60% of their cash flow from operations through growth capex and R&D. This reinvestment rate is more than double the 26% of the Tech Bubble 5 and about 3x that of the S&P 493....
...Its matriarch, nonagenarian Countess Cristiana Brandolini d’Adda, isn’t technically Venetian – she was born Cristiana Agnelli in Turin, a sister of “L’Avvocato” Gianni, long-time scion of the founding family...
...Many readers will know Munger’s famous line that you’d be wise to swap the term “ebitda” with “bullshit”....
...On the sporting front, the Milan-San Remo race will kick off what’s set to be a thrilling cycling season and bring some of the world’s best riders to town, while our eyes will certainly be on Formula 1’s...
...March 28 to June 30; further information and tickets here ‘Impressionisti: l’alba della modernità’ (Impressionists: The Dawn of Modernity), Museo della Fanteria In honour of the 150th anniversary of the...
...Until March 3; further information and tickets here ‘Loading: L’art urbain à l’ère numérique’ (Loading: Urban Art in the Digital Age), Grand Palais Immersif An exhibition exploring the evolution of urban...
...around 3.8% of the total value of all S&P 500 shares traded (or the equivalent of just over 100,000 E-mini S&P 500 futures — as an old futures and options trader, these numbers made me gulp!)....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...Ogulu made his musical debut in 2010 with a string of single releases, eventually releasing his debut album, L.I.F.E – Leaving an Impact For Eternity in 2013....
...Drink the finest wines known to humanity, bore each other to death with Richard E Grant quotes....
...No matter: those were the days I’d get in the car and drive. Up to the glacial lakes of Covadonga, glittering like sapphires among the limestone crags of the Picos....
...The problem with the P/E and other metrics is they don’t bring in growth and the rest of the components of value....
...Rather than a serum, this 10 per cent L-ascorbic acid formula is a morning wash-off paste mask, designed to revive greyish, greenish undertones....
...In the 1950s, he used charcoal for economy, and because “I felt I’d been exposed, that in public I’d put on a costume of thick paint and earthy colours, I was imitating myself”....
...Workmen wear battered leather aprons and display their finished brogues and boots on mahogany shelves. 72-74 High Road, London N2; kokos.co.uk CB-D L’Épée de cuir, ParisEver picked up your luggage from...
...It’s an interesting approach because not only does it isolate the sanitised portfolio’s excess returns (in theory), the E S and G bits can be measured individually....
...This year’s big crowd-pleaser, in the airy Palais de l’Archevêché, is a retrospective of the great American colourist Saul Leiter....
...So I think I’m a great S&P 500 tracker fund guy....
...The S&L crisis was triggered by a real estate crash that toppled the already troubled savings and loans association....
...I’d consider newer low-cost rivals to traditional tracker funds....
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