Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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The Challenge of Shorting Equities

The Big Picture

There is a thought-provoking discussion on short selling over at Russell Clark ; check it out (including audio) to get an overview of his perspective. I don’t really disagree with any of it but I do (did) see the world of short-selling from a different seat. Allow me to share a few thoughts about shorting as a trading strategy; I include specifics at the end.

Banks 131
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This Southwest Gift Card Deal From Costco Could Save You $70 on Your Next Flight

The Motley Fool

Image source: Getty Images Flights are a travel expense that can quickly make any vacation costly. Even if you budget accordingly and buy your tickets well in advance, you may have to spend more than you'd prefer. But Costco has a deal that could help some travelers save money on flights. The warehouse club sells discounted gift cards to its members.

Debt 264
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Apollo Acquires The Restaurant Group, Owner of Wagamama, for More Than £700m

Private Equity Insights

Wagamama owner The Restaurant Group has agreed to a takeover by private equity giant Apollo in a deal worth more than £700m. The Restaurant Group (TRG) said it backed the “certain value” offered by the deal amid consumer spending woes and wider economic uncertainty. Apollo will pay 65p a share for TRG, which marks a 34% premium on the firm’s share price as of market close on Wednesday.

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Sagard Private Equity Canada invests in growth of Norbec

PE Hub

Norbec is a Boucherville, Quebec-based manufacturer of insulated metal panels and walk-in coolers and freezers. The post Sagard Private Equity Canada invests in growth of Norbec appeared first on PE Hub.

Investing 240
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The Enshittification of Amazon Continues…

The Big Picture

In August of 2022, I explained how Amazon became ordinary. Today I want to discuss how they have become bad. Since I first discussed the companies that lost my affection during the pandemic nearly two years ago, Amazon continues to stand out as delivering an ever-worsening set of experiences. I wanted to wait until after the (faux retail holiday) Prime Day(s) ended before sharing a few tales of further (to use Cory Doctorow’s phrase) “ Enshittification.” There are many problem

Returns 132
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Down 68%, Is It Time to Buy Pinterest Stock?

The Motley Fool

Shares of Pinterest (NYSE: PINS) have fallen 68% from the previous peak, but the image-based social media app is reporting much better growth than a year ago. Accelerating revenue growth and prospects for an improving advertising market have pushed the stock up 17% this year, but Pinterest is not out of the woods yet. Its strategy to launch shoppable ads on its platform puts it in more direct competition with Meta Platforms ' Instagram, but Pinterest has one advantage that could drive more growt

Prospects 246

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Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital

PE Hub

TradePending is a sales enablement and consumer experience software platform for car dealerships. The post Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital appeared first on PE Hub.

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MiB: Michael Lewis on SBF & FTX

The Big Picture

  This week, we speak with Michael Lewis, whose latest book is “ Going Infinite: The Rise and Fall of a New Tycoon , ” on FTX founder Sam Bankman-Fried. He takes readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system. We discuss his writing process, and what made this book so different than his prior ones: A focus on personalities instead of some broad social upheaval.

Education 132
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2 Spectacular ETFs That Can Future Proof Your Portfolio in an AI-Driven World

The Motley Fool

Artificial intelligence (AI) could have a greater impact on society and the economy than the internet or the smartphone. It's still early days, but the technology has already showcased its ability to answer almost any question posed by users, and it can also generate text, photos, videos, and computer code on demand. Those capabilities could drive a productivity boom for businesses that could be worth a whopping $200 trillion to the global economy by 2030, according to Cathie Wood's Ark Investme

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How Blockchain Can Change the iGaming Industry?

FinSMEs

The gaming industry has always been at the forefront of adopting cutting-edge technologies. From the early days of pixelated screens to the era of virtual reality, the landscape of gaming has evolved significantly. One of the most promising technological advancements on the horizon is blockchain. Revolutionizing Transactions with Distributed Ledger Blockchain, at its core, is […] The post How Blockchain Can Change the iGaming Industry?

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Ronin Equity seeks add-ons after merging six companies to craft Lotus

PE Hub

Ronin formed Lotus Beverage Alliance in April when the PE firm merged six craft beverage equipment providers. The post Ronin Equity seeks add-ons after merging six companies to craft Lotus appeared first on PE Hub.

Companies 224
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National Association of Realtors Is Imploding

The Big Picture

My buddy Jonathan Miller does not hesitate to call out the weasels who represent those who work in his industry: NAR Proves That Trade Groups Aren’t Infallible With an appalling culture of secrecy maintained by wildly overpaid executives (I believe their CEO is paid close to $3 million per year), NAR seems to be imploding right now. These three prominent real estate firms are backing away from the management cesspool that has severely damaged the National Association of Realtors (NAR) brand.

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4 Little-Known Perks of IRAs

The Motley Fool

Image source: Getty Images Many workers rely on their employers to provide them with a savings plan for retirement. But not every company sponsors a 401(k) plan. So if you don't have access to one, you may be thinking of opening an individual retirement account (IRA) instead. As of 2020, only about 18% of Americans had an IRA, reports the U.S. Census.

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gaiia Raises $13M in Seed Funding

FinSMEs

gaiia, a Quebec City, Canada-based company which specializes in connectivity operating systems (OS), raised $13M in Seed funding. The round saw participation from YCombinator, Kima Ventures, and oxio alumni. The company intends to use the funds to accelerate their development roadmap and integration library. Led by CEO Marc-Andre Campagna, gaiia provides a SaaS solution for […] The post gaiia Raises $13M in Seed Funding appeared first on FinSMEs.

Funds 113
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Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking

PE Hub

Citation Capital is backing snacking firm Cibo Vita. The post Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking appeared first on PE Hub.

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Can private equity meet public responsibilities?

Financial Times: Moral Money

The sums of capital the sector wields could be critical to financing a sustainable economy, but greater transparency and accountability are needed to ensure this happens

Financing 112
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3 Red Flags for ChargePoint's Future

The Motley Fool

ChargePoint (NYSE: CHPT) became the world's first publicly traded electric vehicle (EV) charging network company after it merged with a special purpose acquisition company (SPAC) on March 1, 2021. ChargePoint closed at $30.11 on its first day but now trades at about $3. Like many other SPAC-backed EV companies, it lost its luster as its growth cooled off, it racked up ugly losses, and its bubbly valuations popped due to rising interest rates.

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Class Companion Raises $4M in Seed Funding

FinSMEs

Class Companion, a San Francisco, CA-based AI platform that empowers teachers to give instant, personalized feedback to students, publicly launched with $4m in seed funding. The round was led by Index Ventures, with participation from the OpenAI Startup Fund, and notable angels including renowned operator and advisor Gokul Rajaram, Managing Director of Otherwise Fund Terrence Rohan, and AI luminary Andrej […] The post Class Companion Raises $4M in Seed Funding appeared first on FinSMEs.

Startups 113
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ShoreView Industries to take tools manufacturer P&F private

PE Hub

According to terms of the deal, shareholders will receive $13 per share. The post ShoreView Industries to take tools manufacturer P&F private appeared first on PE Hub.

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The Worst Bond Bear Market in History

A Wealth of Common Sense

In 1950 long-term U.S. government bonds yielded a little more than 2%. By the end of that decade they would hit 4.5%. Yields jumped to 6.9% by the end of the 1960s and 10.1% by the end of the inflationary 1970s. Then they skyrocketed in the early-1980s, going from just over 10% at the end of 1979 to nearly 15% by the fall of 1981. In a little over 30 years, bond yields went from 2% to 15%.

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This One Thing Can Hugely Impact Your Retirement. Here's How to Prepare

The Motley Fool

Image source: Getty Images When it comes to retirement planning, there are many different factors people try to plan for, including how much to save, how long retirement will last, and what things you want to do in retirement. But one thing that some people overlook, which can significantly impact their retirement, is their health. Here's why your healthcare -- and all the expenses that come along with it -- should be a factor in your overall retirement planning strategy.

Taxes 246
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Glydways Raises $56M in Series B Funding

FinSMEs

Glydways, a South San Francisco, CA-based company develping an on-demand Personal Rapid Transit (PRT) system, raised $56M in Series B funding. The round, which brought the total amount to over $70M, including the conversion of notes valued at more than $28M, and was by New Science Ventures with participation from The ACS Group, Gates Frontier and Khosla […] The post Glydways Raises $56M in Series B Funding appeared first on FinSMEs.

Funds 112
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Talent: the next gold rush in sports investing

PE Hub

Thanks to the athletes and Gen Z fans, new forms of connectivity are growing the value base of sports – it’s the cusp of a new era. The post Talent: the next gold rush in sports investing appeared first on PE Hub.

Investing 216
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Climate change the ‘most common’ reason for portfolio exclusion

Financial Times: Moral Money

Research shows continuing effect on investment decisions, despite a pushback against ‘woke’ capitalism

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3 Perks of Buying Tires at Costco

The Motley Fool

Image source: Getty Images No, it's not just you. Tire prices have gone up. The average price of tires has risen 21.4% over the last two years, according to Michael Grabell from ProPublica. That would make a tire that cost $100 about $120 in today's dollars, while a tire that cost $250 would now be $300. To make matters worse, you can't always plan for tire expenses.

Financing 246
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SpecCheck Raises $3.7M in Seed Funding

FinSMEs

SpecCheck, a San Francisco, CA-based startup that provides optical billing and customer management tools, raised $3.7m in seed funding. The round was led by Initialized Capital with participation from Y Combinator. The company intends to use the funds to expand operations and its business reach. Led by CEO Joe DeMaria, and CTO Arnold Villatoro, SpecCheck has […] The post SpecCheck Raises $3.7M in Seed Funding appeared first on FinSMEs.

Funds 111
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TriWest Capital Partners sells Zytech Building Systems to Rona

PE Hub

ZyTech is a Balzac, Alberta-based designer, manufacturer and distributor of building materials for the construction industry. The post TriWest Capital Partners sells Zytech Building Systems to Rona appeared first on PE Hub.

Capital 216
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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • No Virginia, There Really Is No Such Thing as “the Fed” “The Fed” is actually “the Federal Reserve System,” which consists of twelve private regional reserve banks and a federal government agency called the Board of Governors of the Federal Reserve System.

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Where Will Nio Stock Be in 5 Years?

The Motley Fool

With its shares down 10% year to date, Nio (NYSE: NIO) has had a tough go of it lately. Like many electric vehicle (EV) makers , it faces a challenging combination of rising rates, competition, and cash burn that puts its viability in question. Will the automaker be able to overcome these challenges in the next five years or continue underperforming the market?

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Data Masters Raises €200K; €950K in Total

FinSMEs

Data Masters Srl, a Bari, Italy-based startup that develops and markets online training programs and educational materials in the fields of data science, artificial intelligence and machine learning, raised €200k in funding. Primo Ventures SGR Spa is participating through its Primo Digital, Primo Digital Parallel Italia and Primo Digital Parallel Sud Italia funds.

Startups 109
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TA and OceanSound to invest in Kinective

PE Hub

This transaction will enable Kinective to bolster product innovation and increase investment in sales and support resources. The post TA and OceanSound to invest in Kinective appeared first on PE Hub.

Investing 215
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Saundra Davis On Money, Meaning, Self-Discovery, and Financial Coaching

Steve Sanduski

Guest: Saundra Davis, the Founder and Executive Director of Sage Financial Solutions , an organization that develops comprehensive financial capability programs for low- and moderate-income communities throughout the United States. Saundra is a U.S. Navy veteran, financial coach, educator, and consultant who is nationally recognized as an expert in the financial coaching field and for her work with community-based organizations that focus on asset-building for the working poor.

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Amazon's Prime Day Isn't About Sales Anymore

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. You can only go so many years raising prices just before a Prime event before consumers catch on. Amazon's October Prime sales event wrapped up Tuesday, and this year saw a shift in consumer behavior.

Investors 246
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Bon Vivant Raises $15.8M in Seed Funding

FinSMEs

Bon Vivant, a Lyon, France-based company that uses precision fermentation to produce real dairy products, raised $15.8m in seed funding. The round was co-led by Sofinnova Partners and Sparkfood, with participation from Captech Santé, Alliance for Impact, High Flyers Capital, Kima Ventures, Founders Future, and Picus Capital. The company intends to use the funds to continue to expand operations and […] The post Bon Vivant Raises $15.8M in Seed Funding appeared first on FinSMEs.

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