Musings on Markets

JULY 1, 2022

In the graph below, I trace out total venture capital raised, by year, between 1995 and 2021, in the US: Source: NVCA Yearbooks The dot-com boom in the 1990s created a surge in venture capital raised and invested, with venture capital raised peaking at more than $100 billion in 2000, before collapsing as the that bubble burst.

Marketability 99

Marketability Risk Premium Start-ups Equity 99

Musings on Markets

JANUARY 17, 2024

In contrast, at the start of 2024, the lifting of fear has led to higher prices, a more upbeat forecast of earnings and an expected return of 8.48% and an equity risk premium of 4.60%. The post-2008 time period also was a period of historically low interest rates, and expected returns bottomed out in 2021, before rising again in 2022.

Risk Premium 80

Risk Premium Start-ups Equity Treasury 80

Reynolds Holding

AUGUST 21, 2024

17] Publicly traded Russian companies have long traded at much lower price-to-earnings ratios than their American and European counterparts, reflecting investor fears of misconduct and government interference. [18] originating foreign direct investment in Russia in 2021 was roughly $12 billion, about the same as U.S. an hour).

Price to Earnings 53

Price to Earnings Equity Marketability Banking 53