August, 2024

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Catastrophizing Debt

The Big Picture

I’m deep in my book writing work discussing federal debt when I see a tweet that simply epitomizes the entire genre. Full disclosure: My priors on federal debt are that I don’t know where the line of too much should be drawn, but I do know that none of the terrible things we were warned about over the past 50 years due to excess debt have come to pass.

Debt 138
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Is Solana the Next PayPal?

The Motley Fool

Since being launched in March 2020, Solana (CRYPTO: SOL) has generated a monster return for investors, rising more than 16,000%. That performance is certainly impressive, even though the cryptocurrency is trading 44% below its all-time high today. However, the gains can draw attention away from the fact that this blockchain network is working on an innovative new feature that looks promising.

Returns 246
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Trending Sources

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Millennials Are Becoming Boomers

A Wealth of Common Sense

After the Great Financial Crisis, everyone was trying to figure out how it would impact the coming wave of millennials entering adulthood. Millennials were getting blamed for killing everything — napkins, diamond rings, chain restaurants, motorcycles, bar soap and more. Sure, whatever. The one that never made sense to me was all the pundits predicting millennials would never buy a home or move out of big cities.

Finance 143
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stabble Raises $2.5M in Funding

FinSMEs

stabble, a Dubai, UAE-based provider of a Solana-based protocol established to minimize financial loss by reducing operational costs, raised $2.5M in a combined pre-seed, seed, and private funding round. The round was led by Masterblox with participation from Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, and ZEMU VC. The company intends to use the funds for product development, marketing, security […] The post stabble Raises $2.5M in Funding appeared first on FinS

Funds 141
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Private Credit: From Mid-Market to Real Economy Financier

Blackstone

A powerful shift is underway in credit markets as private lenders partner with banks to finance real economy assets. This long-term secular trend has helped private credit markets expand rapidly, but we believe that we’re still in its early innings. In our view, there’s a $25 trillion-plus opportunity ahead that can continue to drive tremendous growth and opportunity for our clients.

Financing 121
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Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close

AltAssets

Tech-focused investment house Insight Partners has reportedly raised more than $10bn towards its latest flagship fund, putting it well on the way to its $12.5bn target. The post Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close first appeared on AltAssets Private Equity News. The post Insight Partners said to pass $10bn for latest flagship raise, eyeing early 2025 final close appeared first on AltAssets Private Equity News.

Funds 112

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6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income

The Motley Fool

Dividend stocks have long been popular among investors for the steady streams of passive income they provide. But not all dividend-paying companies are created equal when it comes to long-term investment potential. The savvy investor knows to look beyond the temptation of a high current yield and focus on the characteristics that signal that a company will be able to provide sustainable returns over time.

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This is Normal

A Wealth of Common Sense

Boy that escalated quickly. Markets sold off in a hurry this week. The S&P 500 is down almost 6% from the recent highs. The Nasdaq 100 is in an 11% drawdown. After an extremely calm year, the past week or so has finally seen some volatility in the stock market. Here’s the thing — it’s what happened before this that was not normal: This really cool chart came out a couple of weeks ago (via Sherwood).

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Slingshot AI Raises Approx. $30M in Seed Funding

FinSMEs

Slingshot AI, a New York- and London, UK-based AI mental health startup, reportedly raised approximately $30m in seed funding. The round was led by Andreessen Horowitz (a16z). Other backers in the company included Felicis Ventures, BoxGroup, Gokul Rajaram, Jerry Murdock, Bryan Baum, Sumeet Gajri, Arjun Sethi, Mike Stoppelman, Liu Jiang, Cory Levy, and David Cahn. […] The post Slingshot AI Raises Approx. $30M in Seed Funding appeared first on FinSMEs.

Startups 122
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NFL owners and execs to discuss PE investments

Private Equity Wire

NFL owners and executives are scheduled to convene in Minneapolis on 27 August to deliberate and potentially vote on a proposal to allow private equity firms to purchase stakes in NFL teams, according to a report by Bloomberg. The NFL recently held discussions with several private equity firms, aiming to finalise a framework for presenting to team owners.

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How Focused Marketing and Top-Tier Advice Doubled Erin Scannell’s AUM to $4B in Just 4 Years

Steve Sanduski

Guest: Erin Scannell , Chief Executive Officer of Heritage Wealth Advisors. In a Nutshell: When I talked to Erin Scannell in 2020, he was directing 50 team members, 18 advisors, and about $2 billion in AUM. Four years later, Heritage has doubled to $4 billion in AUM, and Erin is in charge of over 80 team members, including 20 advisors and a robust support team.

Prospects 105
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Ask Wealthfront: Should I Invest My Down Payment?

Wealthfront

Welcome to our Ask Wealthfront series, where we tackle your questions about personal finance and investing. Want to see your question answered here? Reach out to us on social media and we’ll try to address it in a future column. I’m saving for a house. Should I invest my down payment or keep it in […] The post Ask Wealthfront: Should I Invest My Down Payment?

Investing 105
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Warren Buffett Sold Apple Stock, but These Billionaires Are Buying It by the Boatload

The Motley Fool

Warren Buffett is considered by many as one of the greatest investors of all time. The longevity of his success is remarkable, starting as a public investor in the 1950s after establishing his own investment partnership. As Chairman and CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , Buffett is in charge of managing the bulk of the conglomerate's equity portfolio.

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15 Ways to Lose Money in the Markets

A Wealth of Common Sense

There’s plenty of investment advice out there based on what one must do to be successful. You don’t see many people who take the opposite approach and talk about what you shouldn’t do. There are many ways to succeed as an investor but only a few avenues to failure. Here are some surefire ways to make poor investment decisions: 1. Pretend you’re smarter than the market.

Investors 133
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Contextual AI Raises $80M in Series A Funding

FinSMEs

Contextual AI, a San Francisco, CA-based startup that builds customized language models for businesses to enhance their AI applications, raised $80m Series A funding round. The round was led by Greycroft with participation from Bezos Expeditions, NVentures, HSBC Ventures, and Snowflake Ventures as well as existing investors Bain Capital Ventures, Lightspeed Ventures, Lip-Bu Tan, Conviction, and Recall Capital.

Startups 122
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NEA raises almost half a billion dollars in return to secondaries market

AltAssets

Venture capital major New Enterprise Associates (NEA) has raised more than $468m for its first secondaries-focused fund since spinning out its specialist arm eight years ago. The post NEA raises almost half a billion dollars in return to secondaries market appeared first on AltAssets Private Equity News.

Returns 107
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Rentvine Raises $74M of Growth Capital from Mainsail Partners

Mainsail

Growth capital to support continued innovation of Rentvine’s property management software platform Estero, FL – August 26, 2024 – Rentvine , a property management software platform serving the long-term residential property rental market, announced it has raised $74 million in growth capital from Mainsail Partners. The investment will help enable the company to further enhance the property manager experience through ongoing product innovation and excellent customer service.

Capital 98
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Reflections on a media mentor

Top 1000 Funds

Veteran Australian journalist, publisher and entrepreneur Greg Bright died today aged 70. Among his huge contributions, he was a founder of Conexus Financial, publisher of Top1000funds.com. Amanda White reflects on two decades of collaboration with the respected journalist who gave so much to the industry.

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1 of Ford's Biggest Problems Is About to Get Tougher. Is It Time to Worry?

The Motley Fool

Over a decade ago, one intriguing catalyst for Ford Motor Company (NYSE: F) investors was its potential growth in China. It was deemed a rapidly growing market that was intended to become a second pillar of financial results, standing next to North America. My, how things change. Fast-forward to today, and Ford, as well as crosstown rival General Motors (NYSE: GM) , have a big problem in China.

Banks 246
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Financial Voices I Ignore

A Wealth of Common Sense

The firehose of information we’re afforded these days is a double-edged sword. There is an abundance of news, analysis, charts and opinions but it can all be overwhelming if you don’t have an effective filter in place. When it comes to finance I have some filters to help understand which types of sources and people to safely ignore. These are the types of financial voices and data I immediately ignore: Pricing.

Finance 125
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DL Software Closes $2M Pre-Seed Funding Round

FinSMEs

DL Software, a NYC-based company providing software products, raised $2M in Pre-Seed funding. The round was led by dao5, Naval, and Evolve Ventures. Other participants included Kevin Zhou, Meltem Demirors, Balaji, and co-founders from Anduril, Rippling, Flexport, Intercom, Lambda, Replit, Ankr, and Akash. The company intends to use the funds to expand operations and its development efforts. […] The post DL Software Closes $2M Pre-Seed Funding Round appeared first on FinSMEs.

Funds 118
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Farewell Mint: Top Budgeting Apps to Try Now

Dear Mr. Market

Dear Mr. Market: Budgeting apps play a vital role in helping us keep track of our spending, save for future goals, and maintain control over our financial health. With the retirement of Mint, many are left wondering which tool to turn to next to stay on top of their financial game. The sun has set on Mint, and for many of us, it feels like a beloved companion has gone away.

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‘Cash is king’: Why Glencore kept faith with coal

Financial Times: Moral Money

Chief Gary Nagle is accused of using shift in investor attitudes on ESG as smokescreen for dropping plans to ditch coal business

Investors 110
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SoftBank discussed AI chips tie-up with Intel to rival Nvidia

Financial Times M&A

Son hopes to put Japanese group at centre of artificial intelligence boom but talks with US chipmaker failed to progress

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You Have 4 Months to Prepare for These 3 Social Security Changes

The Motley Fool

Social Security has been around for decades. But that doesn't mean everything about it stays the same from year to year. Beginning January 1, Social Security is expected to undergo some big changes -- ones you should start preparing for sooner rather than later. Here's what to expect in about four months -- and how to gear up. Image source: Getty Images.

Taxes 246
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The Opportunity Cost of Market Timing in T-Bills

A Wealth of Common Sense

Mr. Roth IRA himself, Bill Sweet, joined me again to discuss questions about credit unions vs. banks, how the wash sale rule works, student loan forgiveness vs. tax filing status, tax implications from the sale of a rental property and index funds vs. financial advisors. Further Reading: The Siren Song of Market Timing 1I’m using 10 year Treasuries as my bond proxy here.

Taxes 117
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Power to Hydrogen Raises Over $18M in Series A Funding

FinSMEs

Power to Hydrogen Inc., a Columbus, OH-based company which specializes in advanced electrolysis technologies, raised over $18M in Series A funding. The round was led by Rev1 Ventures and Worthington Enterprises, with participation from global investors, including Finindus, JERA, Asahi Kasei, American Electric Power, EDP Ventures, E.ON, ESB, FH Capital, INP Capital, and others.

Funds 118
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Edge of Rate Cuts: How We Got Here

The Big Picture

How far behind the curve is the FOMC? I’m in the last month of book leave but I felt compelled to pop out at what feels like a seminal moment in the economic/market cycle to discuss how we got here and what the impending rate cuts might mean going forward. Quick caveat: The world is always more complex and nuanced than we see in the media or academia; there are millions of little unknown details and our penchant for narrative fallacy leads to clean and compelling storylines that often lack

Legal 127
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Amazon and Bezos fund’s influence over carbon credit market raises alarm

Financial Times: Moral Money

Experts warn of ties between Big Tech and philanthropic bodies with groups that set corporate climate standards

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NFL to allow private equity investment for first time

Financial Times M&A

Ares, Sixth Street, Blackstone, Carlyle and CVC among firms approved to bid for a slice of lucrative American football market

Bidding 109
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2 No-Brainer Fintech Stocks to Buy With $200 Right Now

The Motley Fool

Want to instantly add huge upside potential to your portfolio? Check out fintech stocks. These companies are like banks but with the rapid growth rates of tech start-ups. Right now, two fintech stocks, in particular, look very attractive. Follow Buffett into this quality company trading at a discount It pays to look at Warren Buffett's portfolio. For more than a decade, he's held onto one of the most successful fintech stocks in recent memory: Visa (NYSE: V).

Banks 246
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Flash Crashes Are Getting Faster

A Wealth of Common Sense

I’m a neat freak, so occasionally, I clean out my office and re-organize. While doing so earlier this week I came across an old Life magazine a reader sent me a number of years ago. It’s from June 1962 and the stock market was the cover story: The pictures are fantastic. So was the lede of the story: The signs, like rumblings of an Alpine ice pack at the time of thaw, had been heard.

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Flyr Raises $295M in Funding

FinSMEs

Flyr, a San Francisco, CA-based technology company for the travel industry, raised $295M in funding. The $225m Series D round was led by WestCap and included investments from Avianca, BlackRock, Streamlined Ventures, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). In addition, Flyr received an additional $70m in credit led by […] The post Flyr Raises $295M in Funding appeared first on FinSMEs.

Funds 119
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See You in September…

The Big Picture

Once again, popping out of book duty for a quick few notes to share. The combination of the market action in July and yesterday’s presser made me look at several datapoints that I find fascinating. I want to share these five ideas that I believe are of much greater significance than many investors realize: 1. Small caps caught up with the Nasdaq 100 in July 2024 : Have a look at the chart up top.

Returns 120