Musings on Markets

JANUARY 11, 2024

In the years that I have taught these two classes, I find myself using my corporate finance framework constantly, when valuing companies, and bringing my understanding of valuation into play, when examining how companies should make investing, financing and dividend decisions.

Corporate Finance 145

Corporate Finance Finance Start-ups Dividends 145

Reynolds Holding

JUNE 16, 2024

equity market. Institutions may exhibit differential growth in ownership due to the difference in return on the assets under management relative to the market return. The investors that do not are left holding a larger portion of the firm, whose market value has declined due to the buyback.

Dividends 45

Dividends Covariance Equity Finance 45

Valutico

FEBRUARY 13, 2025

Whether you’re a seasoned investor or new to the market, understanding beta can empower you to make informed decisions. Beta, in finance, is a measure of a stock or portfolio’s sensitivity to market movements. The slope of the regression line is the beta value, representing the asset’s risk relative to the market.

Beta 52

Beta Covariance Risk-free Rate Specific Risk 52

Musings on Markets

DECEMBER 21, 2022

Pre-game Prep If there is a lesson be learnt from the last few years of market mayhem, it is that far too many investors, professional as well as retail, seem to have lost their moorings (or never had them in the first place), when it comes to the basics of accounting, finance and statistics. firms in emerging markets or private businesses.

Corporate Finance 99

Corporate Finance Finance Start-ups Marketability 99