Musings on Markets

NOVEMBER 9, 2021

If you are interested, you can see my valuations from 2014 , 2016 and 2017. In sum, the company's market cap has risen from $2.8 In sum, the company's market cap has risen from $2.8 Tesla: The Back Story I first valued Tesla in 2013 , as a "luxury automobile company" and I have valued almost every year since.

Start-ups 101

Start-ups Dividends Marketability Market Capitalization 101

Musings on Markets

SEPTEMBER 9, 2024

While management decisions have clearly contributed to the problems, it is also true that the pharmacy business, which forms Walgreen's core, has deteriorated over the last two years, and that can be seen by comparing its market performance to CVS, its highest profile competitor.

Start-ups 132

Start-ups Marketability Market Capitalization Equity 132

Reynolds Holding

FEBRUARY 21, 2023

companies from 2004 to 2016, we identify 1,623 activist directors appointed to boards through proxy fights or settlements. In a recent paper, we examined the characteristics of activist directors, the circumstances surrounding their appointments, and their impact on the board.

Dividends 56

Dividends Marketability EBITDA Market Capitalization 56

Musings on Markets

APRIL 20, 2021

In a predictable consequence, US multinationals chose to leave their foreign income outside the US, creating the phenomenon of trapped cash, i.e., income held in foreign locales to avoid taxes, but also trapped because that income could not be used to pay dividends, buy back stock or invest in projects in the United States.

Start-ups 52

Start-ups Debt Financing Finance Equity 52

Musings on Markets

FEBRUARY 4, 2023

Given the historical roots of the biggest Indian family groups, the Adani Group has been a recent entrant, not making the top ten list (in terms of either operating metrics like revenues or market-based numbers like market capitalization or enterprise value) as recently as ten years ago, and barely making the top ten list five or six years ago.

Start-ups 100

Start-ups Market Capitalization Marketability Equity 100