Hints and tips:
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...No one cares about rates anymore. Robert ArmstrongSuddenly no one cares about rates....
...Interested by the documentary-style images, he set out to photograph people as they learnt to swim in the waters of San Francisco’s Jewish Community Center, Richmond Plunge and the Recreation Center for...
...The more productive, useful one is the one of wanting to learn, wanting to fully understand the broader situation, other people’s views, and come to the best possible hypothesis or decision....
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...The Norwegian government is going to reveal its own views later this month, and then it’s up to parliament....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...The true distinguishing factor between Frieze Los Angeles and Frieze in any other city is the house....
...An opaque thicket of offshore holding companies and family trusts have long obscured the true nature of the Barclay finances....
...Indeed, of the six monster tech companies, Apple is the only one with positive shareholder return since tech peaked in late 2021, and the only one that has not lagged the S&P 500....
...Most derivatives are settled on a net basis: on the settlement date, the “winner” of the trade receives a payment from the “loser” reflecting the P&L....
...His view was that games and puzzles had become “a source of self-definition and a valuable ritual”....
...He paid for 1,000 partially blind people to have sight-restoring surgery, and filmed their reactions. He gave one patient $10,000, another a Tesla....
...R Retirement You can do it when you’re 25 and ranked world number one (Ash Barty). You can decline to do it when you’re 40 and no longer world number one (Roger Federer)....
...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 . . ....
...It is a view echoed by others in the field. “It is only a matter of time before one of these pathogens escapes somewhere,” says Alina Chan, a molecular biologist at MIT’s Broad Institute....
...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...
...But dig deep and you’ll find that these were not the top four per cent of a broad index like the S&P 500, but instead the 25,300 companies that have appeared in the Center for Research in Security Prices...
...Neil, the former Coinbase employee, points out that there are huge incentives to avoid expressing any dissenting views....
...Suitably, given Friedman’s connection with the University of Chicago, the Stigler Center at its Booth School of Business has just published an ebook, Milton Friedman 50 Years Later, containing diverse views...
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...However, we view this as the earliest possible time point for data and one that may not be reached....
...EV/EBITDA of 270x FY21 BBG consensus); after all, IFRS 15 means that the new Solutions contracts are only reflected in the P&L with a lag....
...“These sectors are clearly the least vulnerable from an earnings point of view in the current environment,” says partner Iain Tait....
...Again, technically true....
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