Description: Members of the deal team at Canopy Rivers Inc. (RIV.V) look at about seven investment opportunities a day, getting to know cannabis entrepreneurs eager for financial backing in a sector where the stigma of illegal drugs lingers. Source: Yahoo.Finance.com Date: Sep 05, 2019 Link: https://ca.finance.yahoo.com/news/canada-is-pretty-much-played-out-what-canopy-rivers-learned-from-thousands-of-pot-pitches-141549137.html Questions for discussion: Summarize the investment thinking at Canopy… Read more »
Posts Categorized: Governments & Regulators
The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs
Description: For an investor whose story was featured in a best-selling book and an Oscar-winning movie, Michael Burry has kept a surprisingly low profile in recent years. Source: Bloomberg.com – video report Date: Sep 04, 2019 Link: https://www.bloomberg.com/news/articles/2019-09-04/michael-burry-explains-why-index-funds-are-like-subprime-cdos Questions for discussion: Summarize the analysis presented? Do you agree with the risk perception? What should investors… Read more »
Biggest Bond Rout in Years Whiplashes Bulls Who Had Been Right
Description: (Bloomberg) — After August’s historic drop, it was starting to seem like Treasury yields could only fall. And then came Thursday, when an enormous surge reminded even well-entrenched bulls that the world’s biggest bond market isn’t a one-way street. Source: Bloomberg – Yahoo.Finance.com – video report Date: Sep 05, 2019 Link: https://finance.yahoo.com/news/bond-bulls-big-reminder-treasuries-145330270.html Questions for… Read more »
Mohamed El-Erian on the bond markets: ‘If you stick with the old rules, you will lose’
Description: Economist Mohamed El-Erian told CNBC Friday that investors need to think differently about the global bond market, saying that the asset class should be treated in an “opportunistic” manner rather than as a core part of a portfolio. Source: CNBC.com – video report Date: Sep 04, 2019 Link: https://www.cnbc.com/2019/09/06/mohamed-el-erian-on-bonds-if-you-stick-with-old-rules-you-will-lose.html Questions for discussion: What is… Read more »
The Almighty Dollar Needs a Rival
Description: America’s currency has become the lingua franca of commerce. That’s “putting the global economy under increasing strain.” Source: Bloomberg.com Date: Aug 29, 2019 Link: https://www.bloomberg.com/news/articles/2019-08-29/the-almighty-dollar-needs-a-rival?srnd=businessweek-v2 Questions for discussion: What are the issues related to the role played by the U.S. dollar in global business and investment? Do you think there would be a serious… Read more »
Jeremy Siegel blames the Fed for the 20% stock market drop late last year
Description: Jeremy Siegel, the longtime stock market bull and influential Wharton School professor, called for more diversity of thought among the members of the Federal Reserve’s policymaking committee, saying the central bank’s groupthink causes it to make mistakes. Source: CNBC.com – video report Date: May 01, 2019 Link: https://www.cnbc.com/2019/05/01/jeremy-siegel-blames-fed-groupthink-for-20percent-market-drop-late-last-year.html Questions for discussion: What is the basis… Read more »
U.S. Factory Gauge Falls to Two-Year Low
Description: A gauge of U.S. factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended into the second quarter as companies continue to confront uncertainty about trade. Source: Bloomberg.com Date: May 01, 2019 Link: https://www.bloomberg.com/news/articles/2019-05-01/u-s-factory-gauge-falls-to-two-year-low-as-orders-output-cool?srnd=markets-vp Questions for discussion: What does the report suggest about the economy and future interest… Read more »
US crude plunges 2.9%, settling at $63.30, after Trump says he told OPEC to tame fuel costs
Description: Oil prices tumbled as much as 4% on Friday, extending early losses after President Donald Trump said he told OPEC to take action to temper fuel costs. Source: CNBC.com – video report Date: Apr 26, 2019 Link: https://www.cnbc.com/2019/04/26/oil-market-opec-output-rises-us-sanctions-on-iranian-oil-in-focus.html Questions for discussion: Why did oil prices pull back, according to the report? Explain oil prices and their effect… Read more »
Qualcomm stock surges on Apple legal settlement
Description: Apple and Qualcomm have settled their royalty dispute, the companies announced in a press release. The settlement includes a payment from Apple to Qualcomm as well as a chipset supply agreement, suggesting that Apple will buy Qualcomm chips for future iPhones. The companies did not say how much the payment will be. Source: CNBC.com – video report Date:… Read more »
Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry Fink
Description: BlackRock Inc. BLK, +3.25% Chief Exeuctive Larry Fink says that with stocks knocking on the door of records, a surge to the upside appears more likely than a market collapse. That is because so many investors still have lots of cash to put to work, the head of the world’s largest asset manager told CNBC in a Tuesday interview…. Read more »
Fundamentals of Corporate Finance
- Introduction to Corporate Finance, Fourth Canadian Edition
Laurence Booth (University of Toronto), W. Sean Cleary (Queen's University ) - Investments: Analysis and Management, Third Canadian Edition
W. Sean Cleary (Queen's University), Charles P. Jones (North Carolina State Univ.)