April, 2024

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A Short History of Stocks

The Big Picture

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

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The No. 1 Way for Average Americans to Become Millionaires

The Motley Fool

Image source: The Motley Fool/Upsplash Being a millionaire has been synonymous with being rich for decades. It doesn't quite mean what it used to, thanks to inflation. But it's still an ambitious financial goal, and one that may seem out of reach if you don't earn a higher salary. But a net worth of $1 million is more realistic than many people realize.

Taxes 246
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Trending Sources

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The News is Making You Miserable

A Wealth of Common Sense

There was a recent poll about my home state of Michigan where they asked people for their thoughts on the state of the nation’s economy today. Just 35% of people described the economy as excellent (6%) or good (29%) while 65% described it as either not so good (28%) or poor (37%). But when asked how they would describe their own personal financial situation these days, a majority of people (61%) described their circ.

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Jigsaw Raises $15M in Series A Funding

FinSMEs

Jigsaw, a London, UK-based entity management platform focused on corporate infrastructure management, raised $15M in Series A funding. The round was led by Exor Ventures with angels from KKR, Morgan Stanley and Linklaters. The company intends to us the funds to expand operations, its development efforts, and continue to grow its global presence. Founded by […] The post Jigsaw Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 117
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CalPERS moots tying climate KPIs to incentive pay

Top 1000 Funds

CalPERS may tie the incentive pay of its staff to meeting climate KPIs in the near future. The fund's executive pay consultants also discussed other ways the fund should tweak incentive pay like adding an asset class investment performance weighting to the annual incentive formula.

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MISTAKE MONDAY for April 29: Can YOU spot what’s wrong?

Investment Writing

Can you spot what’s wrong in the image below? Please post your answer as a comment. This example has more than one mistake. I post these challenges to raise awareness of the importance of proofreading. The post MISTAKE MONDAY for April 29: Can YOU spot what’s wrong? appeared first on Susan Weiner Investment Writing.

Investing 105

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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Surges 1,068%, According to Cathie Wood

The Motley Fool

One of the most outspoken investors on Wall Street is Ark Invest CEO Cathie Wood. Wood is known to take large positions in emerging technology businesses that she and her team believe have massive upside potential. However, like any other money manager, Wood faces her share of backlash and skepticism. I'll concede that some of Wood's high-conviction opportunities look far-fetched to me.

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30 Years of Financial Market Returns

A Wealth of Common Sense

A colleague recently asked me to run the 30 year annual returns for U.S. stocks, bonds and cash. He just wanted the returns. I couldn’t help but slice and dice the numbers and overanalyze the data because that’s what we do here. Let’s dig in. First the annual return numbers for the S&P 500, 10 year treasuries and 3 month T-bills over the 30 years ending in 2023: Some thoughts about these numbers: St.

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Trace Raises $2M in Pre-Seed Funding

FinSMEs

Trace, a Columbus, OH-based provider of a platform that empowers creators to build location-based AR spaces, raised $2M in Pre-Seed funding. The round was led by Rev1 Ventures and Impellent Ventures. Other investors included Everywhere Ventures, Ohio Innovation Fund, Portland Seed Fund, Allied Venture Partners, Service Provider Capital, Astir Ventures, Move VC, and Phoenix Venture […] The post Trace Raises $2M in Pre-Seed Funding appeared first on FinSMEs.

Funds 118
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Giants APG and GPIF collaborate on infra

Top 1000 Funds

Two of the biggest pension funds in the world, the Dutch APG and Japan’s GPIF, have joined forces to invest in large scale infrastructure deals. The move comes as APG Asia head Thijs Aaten says he envisages more than half of the fund’s real assets will be in Asia.

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CVC, Bain Capital funds get New Jersey pension backing amid $875m of new commitments

AltAssets

Pension fund managment major the New Jersey Division of Investment as picked out CVC Capital and Bain Capital vehicles among its latest suite of fund commitments. The post CVC, Bain Capital funds get New Jersey pension backing amid $875m of new commitments first appeared on AltAssets Private Equity News.

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1958 BMW 507 Series II Roadster

The Big Picture

In the northeast, Spring has fully sprung. Temps are expected to kiss 80 today, and after a mild winter, we have been enjoying abundant sunshine. The daffodils and tulips are up, the magnolias are blooming, and the pear and cherry trees are explosions of colors! All of that blue sky beckons us to hop in a roadster to enjoy the open road. My first high HP car was a BMW convertible, but the open-top car that set the standard was the 507.

Bidding 108
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Tesla, Meta, Microsoft, and Alphabet All Just Shared Magnificent News for Nvidia Investors

The Motley Fool

If you didn't think the demand for artificial intelligence (AI) could get any stronger, think again. Four of the biggest tech companies in the world all reported very strong demand for AI applications, and that's great news for Nvidia (NASDAQ: NVDA). The chipmaker designs the leading GPUs for training the large language models powering new generative AI applications.

Investors 246
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Generational Luck in the Housing Market

A Wealth of Common Sense

Millennials around my age group graduated into the teeth of the Great Financial Crisis. The labor market stunk and not just for a short while. The unemployment rate in America averaged nearly 7% from 2006 through the end of 2015: It was hard for young people to find work. And if you did find a job it probably wasn’t something you actually wanted to do.

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Edia Closes $9.4M Funding Round

FinSMEs

Edia Learning, a US based provider of an AI platform that helps students succeed at math, closed $9.4M funding round. The round was led by Felicis. The company intends to use the funds to expand operations and its development efforts. Founded by Joe Philleo and Iain Proctor, Edia provides an AI platform that allows students […] The post Edia Closes $9.4M Funding Round appeared first on FinSMEs.

Funds 117
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Navigating Finances Together: A Guide for Newlyweds and Engaged Couples

Walkner Condon Financial Advisors

Whether you are engaged or have recently married, developing a plan to combine finances with your partner can significantly reduce finance-related stress down the road by promoting transparency and simplicity in your relationship. According to a 2021 survey conducted by Ramsey Solutions , 41 percent of married couples said that they fight about finances.

Financing 103
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Riverside considering sale of private credit operation

Private Equity Wire

The Riverside Company, a US private equity firm focused on making control and non-control investments in growing businesses valued at up to $400m, is considering strategy options for direct lending arm Riverside Credit Solutions, including a sale of the business, according to a report by Bloomberg. The report cites unnamed people with knowledge of the matter as confirming that the firm is negotiating with potential buyers of the unit, which provides flexible cash flow-based financing solutions t

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Flows to European ESG exchange traded funds halve in first quarter

Financial Times: Moral Money

Allocations represented only 16% of total new money garnered by ETFs, down from 65% during ‘highs’ of 2022

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Meet the Newest Dividend Stock in the Nasdaq 100. It Could Be a $4 Trillion Company by 2030, With Help From Artificial Intelligence.

The Motley Fool

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) had more than $110 billion in cash and cash equivalents on its balance sheet at the end of 2023. The company is investing heavily in artificial intelligence, and capital expenditures are projected to climb 27% this year from a record $32 billion last year, according to Bloomberg. However, several Wall Street analysts saw that cash pile as evidence that Alphabet was preparing to pay a dividend.

Companies 246
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10 Years From Now

A Wealth of Common Sense

It feels like we’re in a weird place from the perspective of the economy and financial assets. Housing prices seem too high. Consumer prices seem too high. Stock prices seem too high. Government debt seems too high. I understand why people are worried. These things are cyclical and the lines can’t go up and to the right forever. Bear markets, financial crises, recessions, etc. are features we cannot do away wi.

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ThreatLocker Raises $115M in Series D Funding

FinSMEs

ThreatLocker, an Orlando, FL-based global cybersecurity company that offers a Zero Trust endpoint security solution, raised $115M in Series D funding. The round was led by existing investor General Atlantic, with participation from other major investors StepStone Group and the D. E. Shaw group. The company intends to use the funds to focus on driving […] The post ThreatLocker Raises $115M in Series D Funding appeared first on FinSMEs.

Funds 117
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Thoma Bravo agrees to buy UK-listed Darktrace in $5bn deal

Financial Times M&A

Offer comes less than two years after private equity group previously held talks about buying cyber security company

Companies 110
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Goldman Sachs moves senior banker to Paris in post-Brexit revamp

Financial Times - Banking

Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent

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BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash

Financial Times: Moral Money

Asset manager’s CEO has become a popular target for criticism over its ESG investing stance

Assets 111
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3 Ways to Save Big on Medicare in Retirement

The Motley Fool

Fidelity estimates that the average 65-year-old person retiring in 2023 is looking at spending $157,500 on healthcare costs throughout retirement as a Medicare enrollee. Of course, that number may or may not apply to you, depending on the state of your health and where you live. But either way, you should expect healthcare to be a major line item in your retirement budget.

Taxes 246
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Is Auto Insurance Becoming a Crisis?

A Wealth of Common Sense

I was perusing the BLS data following the inflation release last week and one number sticks out like Victor Wembanyana standing next to a group of kindergartners. Auto insurance was up 22% over the previous 12 months versus an overall inflation rate of 3.5%. Look at the change in auto insurance rates these past few years: It’s like a meme stock.

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Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC Exchanges

FinSMEs

Cryptocurrency markets have surged in popularity, attracting investors globally. In the United States, especially in New York, financial regulation is very important. Understanding the regulations is crucial. Also, for people who value privacy, finding trustworthy exchanges is crucial. They must be no-KYC (know your customer). This article covers the regulatory environment in the USA and […] The post Cryptocurrency Regulations and Safety Measures in the USA and New York: Exploring No-KYC E

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The Swedish kingmakers behind European private equity giant EQT

Financial Times M&A

How the Wallenberg family helped turn EQT Partners into a colossus of the buyout industry

Buyout 109
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Alienating Tesla Buyers by the Cybertruck-load

The Big Picture

@TBPInvictus here: Back in December 2022 , I hypothesized that Elon Musk’s antics and his newfound desire to own the Libs were going to destroy Tesla’s appeal to many of his most important buyers. The latest data confirms those sentiments were on point. I looked at 2020 voting data and TSLA registrations in counties throughout the state of New York, and theorized as follows: Watching Musk’s ongoing antics , it has become very clear to me that his actions are not only destroying Twit

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Esther Duflo: ‘This is what we owe’

Financial Times: Moral Money

Nobel-winning economist speaks about her climate-focused tax proposal

Taxes 111
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Why Warner Bros. Discovery Stock Tumbled Today

The Motley Fool

Shares of Warner Bros. Discovery (NASDAQ: WBD) were heading lower today on reports that its TNT cable network was expected to lose the rights to air the NBA in the latest auction. Separately, the stock also seemed to be declining in response to Paramount Global 's slide after its rival reported disappointing earnings and took a step closer to a merger, seemingly putting a nail in the coffin of a once-rumored merger with Warner Bros.

Debt 246
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A Necessary Evil in the Stock Market

A Wealth of Common Sense

In the early-1980s, Robert Shiller set out to answer the question: Do stock prices move too much to be justified by subsequent changes in dividends? The idea was to figure out how well the stock market tracks the present value of future cash flows in the short-term. Shiller concluded that, no, stock prices do not neatly track fundamentals. He updated that data in his book Irrational Exuberance: The cash flows move very l.

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Finyard: The Top Trends Shaping The FinTech industry

FinSMEs

By Dmitrij Pruglo, Finyard Group CEO The global FinTech market continues to expand at a staggering pace. Valued at $294 billion in 2023, it’s projected to reach $1.15 trillion by 2032, growing at a compound annual growth rate (CAGR) of 16.5%. This explosive growth reflects the seismic shifts transforming financial services as cutting-edge technologies and […] The post Finyard: The Top Trends Shaping The FinTech industry appeared first on FinSMEs.

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Senators urge White House to investigate Nippon Steel ties to China

Financial Times M&A

Japanese company’s bid for US Steel further complicated by industrial state politicians

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