To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we’ll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it’s a business that is reinvesting profits at increasing rates of
Collective investment trusts, popular for defined contribution retirement plans, have been gaining ground on mutual funds in the target-date market for years. Now they have overtaken them as measured by total TDF assets, according to Morningstar data posted Thursday. As of the end of June, CITs accounted for $1.9 trillion of the $3.8 trillion of
Abu Dhabi is making its foray into the auction industry. ADQ, an Abu Dhabi-based sovereign wealth fund, has struck a deal to buy a minority stake worth $1 billion in Sotheby’s, Bloomberg reported on Friday. Under the “definitive agreement,” French telecom tycoon Patrick Drahi, who bought the auction house in 2019 for $2.7 billion, will
Tim Walz on JD Vance: ready to debate Democratice Vice Presidential nominee Tim Walz campaigned with Kamala Harris on Tuesday — and said he’s looking forward to debating JD Vance. Fox – 2 Detroit WASHINGTON — Tim Walz’s personal finances are something of an anomaly in presidential politics: He has no investments. No bonds. No
LEGISLATIVE UPDATE Representative Chris Freeland Earlier this summer, I started sharing a series of updates about how the budget we passed during this year’s session invests in our state. Columns have focused on the record funding we provided for education (even after adjusting for inflation it is higher than ever in state history), as well
The Nature Conservancy, an Arlington, Virginia-based nonprofit environmental organization, is seeking a head of strategic investments for the organization’s office of investments, according to a job posting. TNC’s office of investments manages more than $4 billion in assets for the conservancy, which has $9 billion in total assets across its units, including an impact
FinkAvenue There’s not many undervalued technology investments, though we think one is Amazon (AMZN), which we discussed recently. Microsoft Corporation (NASDAQ:MSFT) is another, despite its lofty valuation. The company continues to grow and drive increased shareholder returns, making it a valuable investment, backed by an impressive portfolio of assets. Microsoft Financial Summary Microsoft had a
Before putting any money into an investment asset, it’s important to ensure that it makes sense for your portfolio. Getty Images Whether you’re a risk-taker or are happy with a more moderate investment approach, choosing the right asset mix is vital. But it’s surprisingly easy for emotions to take over, even for seasoned investors —
Oxbridge Re Holdings Limited, a Cayman Islands-based reinsurance company, reported a net loss of $821,000 for the second quarter of 2024, significantly larger than the net loss of $85,000 in Q2 2023, driven primarily by a negative change in the fair value of equity securities and other investments during the quarter. Despite the loss, the
Meta stock investors will have to accept Meta Platforms’ penchant for AI spending Source: rafapress / Shutterstock.com A company has to spend a lot of money now in order to grow and succeed later on. This seems to be the philosophy of Meta Platforms (NASDAQ:META) and its chief executive, Mark Zuckerberg. You’ll need to be on