Musings on Markets

JANUARY 5, 2024

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year. Beta & Risk 1. Equity Risk Premiums 2. Financing Flows 5. Debt Details 1.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Equilest

JANUARY 7, 2025

Similar to a house of cards in finance, one bad move can bring everything crashing down. By identifying earnings manipulation and guaranteeing more accurate firm values, this clever little technology is here to save the day. A high M-Score could indicate higher risk, warranting a higher discount rate and thus a lower valuation.

Business Valuation 40

Business Valuation Risk Premium Finance Start-ups 40

Musings on Markets

JANUARY 6, 2023

Check rules of thumb : Investing and corporate finance are full of rules of thumb, many of long standing. For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive. High-Low Price Risk Measure 5. Cost of Debt 2.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Musings on Markets

JANUARY 10, 2025

In corporate finance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth. Beta & Risk 1. Equity Risk Premiums 2.

Risk Premium 115

Risk Premium Dividends Start-ups Corporate Finance 115