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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
I reduced PRWCX and increased PRWAX at the beginning of 2021 with a thought that an impending rise in interest rates (end of some 40 yr declining interest rates) may dent PRWCX’s stellar risk adjusted performance when both equities and fixed income …
TRP will do whatever it takes to keep Giroux on PRWCX. In fact, TRP could raise ER on PRWCX and pay Giroux more. But none of that may stop when he chooses to leave. People like him who have very good clarity of thought also know when to change di…
Thanks, @yogibearbull. Very good table with 90% stats. When I clicked on the Twitter link, it took me to a tweet about today's stat but not to a table you included in your post. That is an interesting table, which shows May was volatile and inde…
China has been notorious about not allowing PCAOB access to Chinese audit work and has not followed through with past agreements re such access. There is no guarantee it is going to stick this time. I hope all the PCAOB staff visiting China are on…
Thanks, @old_joe. Re converting office space into residential property, here is one video from CNBC -
Other YouTube videos and articles on this topic turned up on google search.
I am still struggling to find out which financial assets can do…
If the trends mentioned here are the beginning of a long-term trend (i.e., symptoms of remote work, de-globalization, just in case inventory systems, etc.) could labor become more premium (i.e., wages as a source of inflation) than what we witnessed…
Since it seems Level 1 ADRs do not have to file any company financial information with the SEC, is it possible for some of the existing Chinese ADRs to avoid delisting by trading as level 1 ADRs? Sort of grand fathering!
NightShares debuted NSPY and NIWM about two months ago (last week of June) and they have since trailed SPY and IWM by, 12 and 15% (not annualized), respectively.
Any thoughts from forum members in trying to explain this big underperformance would b…
I always feel like I never know enough about the Energy sector. Would the above projections for US exports hold good if Russian gas starts flowing freely as if Russia is a friendly nation to every other nation in the world?
BRK is really a post-Buffett (91) play - can really go either way.
It was also in the news recently that the potential CEO Greg Abel (60) is very light in BRK stock. He had a choice to convert his large stake in the Energy unit into BRK stock (tax…
Rajiv Jain is the (?) founder, Chairman, & CIO of GQG Partners and probably one of the largest shareholder of that firm. Their website still shows him as working there. I expect him to retire their.
@Crash,
With his zero long, he definitely stands out among all the 13-Fs filed this month. Not sure what to make of it. Seems like he is not yet ready to short anything and does not see much upside to even buy calls. You can see a lot of the 13-…
I am not making the connection between an activist long position (Engine 1) and a non-activist long position (Michael Burry). When viewed in connection with his shorting, his $4M investment seems even smaller. Seems like an entertainment position …
1. yes is my guess based on 5yr-5yr break evens. I just add 75 bps to the current 10 yr rates for the QT and get to the 3.5% we saw, which is a reasonable approximation.
2. do not know
Is this a sign that Schwab is throwing caution (or towel, depending on your choice) to the wind?
https://www.schwab.com/resource-center/insights/content/end-rate-hikes?cmp=em-QYD
I am not trying to pass a judgement on the state of affairs but trying to learn the lay of the land so I am not walking with my eyes closed. I am fine with the content providers showing ads on the page I visit but I prefer not to have my informatio…
I went to the Economist website and clicked on Manage in the "Information We and Our Partners Collect About You" window. The toggle switches for Advertising, Analytics, Marketing, and Functional were in the left position and they were greyed out. Th…
@yogibearbull and anybody else in the know,
I started coming across Ed Yardeni commentary only recently and wanted to check with the MFO community if Ed Yardeni is considered as having a bullish or a bearish bent or is it difficult to label him th…
"...commodities getting the big face slap at this time..."
YUP. With the Markets mostly, up, my ET is DOWN today. Big giant doggy poopies. It's a MIDSTREAM outfit, not directly into E&P. They DID just sign an agreement with the Chinese, supposed…
What I struggle with is none of the websites tell me what the selection via the toggle switch means. For example, does a greyed out toggle switch means I am consenting or not consenting to be marketed or use my information for marketing. The def…
Good info @Junkster & @Ybb.
From which event in time is the average 12 month S&P return of 18% calculated? What is the date from which we are supposed to observe this gain? I had to ask because S&P 500 is already up 18% from its June …
Good info @Junkster & @Ybb.
From which event in time is the average 12 month S&P return of 18% calculated? What is the date from which we are supposed to observe this gain? I had to ask because S&P 500 is already up 18% from its June …
