Marc Rubinstein wrote an article titled The Business of Benchmarking, which includes the history of the meter, the shipping container, Nielsen TV ratings, FICO scores, stock indices (DJIA, S&P500, FTSE, Russell, MSCI, etc.), and bond ratings. Continue reading “The Business of Benchmarking”
Is 80% of stock value based on earnings >10 years into the future?
I am reading the B2B Institute’s B2B Trends, which is excellent so far. But on p.14, while I agree with their point about long-term brand building, I question a supporting statement:
« Good CFOs understand that businesses are valued not on current cash flows but on future cash flows. By some estimates, 80% of the value of your stock is based on sales 10+ years in the future. »
So I posted the question of Twitter and got some insightful responses.
Continue reading “Is 80% of stock value based on earnings >10 years into the future?”
growth vs. profit
A Twitter thread about the need for marketing and finance to work together led to an interesting comment from business school professor Bruce Clark about profitability. Continue reading “growth vs. profit”
Marketers have to talk to Finance
By Samuel Brealey wrote an article titled Marketers, it’s time to grow up and talk to Finance. Continue reading “Marketers have to talk to Finance”
Humans Don’t Hyperscale
Dr. Augustine Fou wrote a blog post titled Humans Don’t Hyperscale. Sorry, Silicon Valley. Continue reading “Humans Don’t Hyperscale”
Complexity, Turing, Covid and the Financial Analyst
CFA Society Atlantic Canada hosted a webinar titled Complexity, Turing, Covid and the Financial Analyst presented by Rick Nason, associate professor of finance at Dalhousie University. See the end of this post for links to Prof. Nason’s books. Continue reading “Complexity, Turing, Covid and the Financial Analyst”
Enterprise Value: Is EV/EBITDA a better ratio than P/E?
An interesting Twitter thread on financial ratios. Continue reading “Enterprise Value: Is EV/EBITDA a better ratio than P/E?”
Is the global financial system fragile, resilient, or antifragile?
Peter Neuwirth wrote a blog post titled Fragility, Antifragility, and Financial Forest Fires in two parts (part 1, Part 2). Peter Neuwirth is the author of What’s Your Future Worth? which describes the basic principles behind the actuarial perspective. Continue reading “Is the global financial system fragile, resilient, or antifragile?”
Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight
Richard Rubin wrote a Wall Street Journal article titled Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight. Continue reading “Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight”
Fair Isaac is tweaking the FICO score formula
Tara Siegel Bernard wrote an article for the New York Times titled Your Credit Score May Soon Change. Here’s Why.
« The Fair Isaac Corporation, the company that creates the widely used three-digit FICO score, is tweaking its formula. » Continue reading “Fair Isaac is tweaking the FICO score formula”
Articles of Interest 