Sat.May 13, 2023 - Fri.May 19, 2023

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PE-backed 360training acquires two medical training and workplace safety providers

PE Hub

360training is an online regulated training provider. The post PE-backed 360training acquires two medical training and workplace safety providers appeared first on PE Hub.

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What’s the Best Long-Term Investment?

A Wealth of Common Sense

Each year Gallup performs a survey that asks a group of Americans what the best long-term investment is among the following options: Stocks Bonds Cash Gold Real estate These are the latest results: Real estate has been at the top of the charts for over a decade at this point but it saw a big drop from 2022 to 2023. Following the 2022 bear market stocks fell to third place behind gold.

Investing 145
Insiders

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120,000

The Reformed Broker

Just wanted to take a moment to recognize the incredible work my media and research teams have been doing to propel The Compound channel past 120,000 subscribers this month. And that 120k is just a fragment of the audience because almost everything we do on video is also on the audio podcast channels too. For those who are new to what we’re doing at the Compound YouTube channel each week, below is the schedule of w.

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“No matter how you cut it, you’ve got to own Cisco” (2000)

The Big Picture

One of the core philosophical beliefs I hold dear is that the future is inherently unknown and unknowable. This tends to be true for the vast majority of people almost all of the time. The world is full of endless, random, often-invisible factors that greatly impact outcomes. Our own psychology works against our understanding this: Our hindsight bias allows us to see these unknowable results with perfect after-the-fact clarity; that fools us into believing our prior expectations turned out to be

Prospects 133
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Six solar investments for the North American private equity market

PE Hub

Wood Mackenzie forecasts the US community solar market to grow 118% over the next five years. The post Six solar investments for the North American private equity market appeared first on PE Hub.

Investing 167
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Paper Bears

A Wealth of Common Sense

The economic recovery following the Covid-induced recession in early-2020 has climbed the proverbial wall of worry. We’ve experienced the strongest labor market in a generation but the vibes have been off for a while now. Last summer the University of Michigan index of consumer sentiment hit its lowest level on record: That’s lower than it was during the 2008 financial crisis, lower than it was in the early-1.

Financing 142

More Trending

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Inflation Expectations Are Useless

The Big Picture

Jerome Powell and the Federal Reserve spend a lot of time worrying about Inflation Expectations. They shouldn’t. Sentiment surveys in general are mostly useless (except at the extremes). They aren’t merely lagging, backward-looking indicators, but instead, tell you what the public experienced 3- 6 months ago. Beyond short-term extrapolation, they have little to no ability to provide insight into intermediate-term (6-12 months) inflation.

Financing 131
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Audax Private Equity-backed BlueCat Networks buys Men&Mice

PE Hub

BlueCat, based in Toronto, is a provider of mission-critical network and cloud infrastructure software. The post Audax Private Equity-backed BlueCat Networks buys Men&Mice appeared first on PE Hub.

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Roughly Right or Precisely Wrong

A Wealth of Common Sense

I have a love-hate relationship with historical market data. On the one hand, since we can’t predict the future, calculating probabilities from the past in the context of the present situation is our only hope when it comes to setting expectations for financial markets. On the other hand, an overemphasis on historical data can lead to overconfidence if makes you believe that backtests can be treated as gospel.

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Business schools target executives’ green gaps

Financial Times: Moral Money

Sustainability barely featured in many senior leaders’ degrees but new courses are helping them catch up

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10 Bad Takes On This Market

The Big Picture

Let’s see if I can find something to counter and/or undercut each of these 10 items listed in this morning’s tweet above: 1. Only 5 stocks driving markets?! Then why are Equal-weighted indices doing so well? Equal-weighted Nasdaq100 up 17% since the June lows for the market because “it’s only 5 stocks”? How bad at math do you need to be to think that it’s only 5 stocks driving this market?

Debt 115
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KKR, L Catterton invests in Restaurant365; Sentinel Capital exits ECM for $1.1bn; 6 solar deals in PE

PE Hub

Private equity bets on solar energy. The post KKR, L Catterton invests in Restaurant365; Sentinel Capital exits ECM for $1.1bn; 6 solar deals in PE appeared first on PE Hub.

Capital 142
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Time to Prepare Your Portfolio For a U.S. Government Default?

A Wealth of Common Sense

A reader asks: I have recently shifted a substantial portion of the cash portion of my savings into 3-4 month T-bills to take advantage of higher yields and state tax advantages. As of today, they are all set to mature in June and July. I know a US debt default is highly unlikely, but the risk-averse part of me is still a little nervous about what would happen if Congress actually lets the unthinkable happen.

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Norway’s $1.4tn oil fund to step up ESG proposals to US companies

Financial Times: Moral Money

World’s biggest sovereign investor to expand use of shareholder motions after successful trial

Companies 109
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • He wrote a book on a rare subject. Then a ChatGPT replica appeared on Amazon. From recipes to product reviews to how-to books, artificial intelligence text generators are quietly authoring more and more of the internet. ( Washington Post ) • The Crypto Winter Cost People More Than Their Money : Some acolytes lost faith, others blamed devils—and some went even harder.

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Boyne Capital and Breakwater North launch clean energy firm IES

PE Hub

IES is comprised of Sonic Systems, International Wind, and Amperion. The post Boyne Capital and Breakwater North launch clean energy firm IES appeared first on PE Hub.

Capital 138
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Animal Spirits: The Only Game in Town

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Global X ETFs: See here for more information on Global X ETFs suite of thematic strategies On today’s show, we discuss: Real estates lead as best investment shrinks, gold rises Investors are nervous – and that could support stocks There is nothing typical for stocks when the Fed stops raising rates Robinhood to launch 24-hour trading on weekdays in stocks and ETFs.

Investors 108
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UBS details lower than expected $35bn gain from Credit Suisse rescue

Financial Times M&A

Swiss bank expects asset writedowns and litigation provisions to total $17bn

Banks 106
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10 Tuesday AM Reads

The Big Picture

My Two-for-Tuesday morning train WFH reads: • Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City : On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from crypto. ( Wall Street Journal ) but see Crypto’s Most Influential Companies Often Follow Their Own Rules — Even After FTX’s Collapse : A review of practices at 60 of the sector’s most influential companies found many lack basic guardrails. ( Bloomberg ) • The audacious plan to

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KKR and L Catterton leads $135m round for Restaurant365

PE Hub

Other investors include ICONIQ Growth and Bessemer Venture Partners. The post KKR and L Catterton leads $135m round for Restaurant365 appeared first on PE Hub.

Investors 135
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Talk Your Book: Fidelity Digital Assets Mailbag

A Wealth of Common Sense

Today’s Talk Your Book is presented by Fidelity Digital Assets: On today’s show, we are joined again by Jack Neureuter, Research Analyst at Fidelity Digital Assets to discuss listener mailbag questions on crypto and Bitcoin. On today’s show, we discuss: What is the best way to buy Bitcoin? What to do with a high concentration of crypto in your portfolio Crypto v AI applications What drives the price of Bitcoin.

Assets 108
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Italy’s Mediobanca buys UK-based tech advisory firm

Financial Times M&A

Deal to buy Arma Partners is latest move by Milanese lender to expand overseas

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Can biodiversity funds help investors protect wildlife?

Financial Times: Moral Money

The idea sounds good but the reality is complicated and unclear

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Power Sustainable Lios-backed GoodLeaf Farms nabs C$78m in funding

PE Hub

GoodLeaf is a Guelph, Ontario-based producer of vertically grown, local, sustainable, pesticide-free leafy greens and microgreens. The post Power Sustainable Lios-backed GoodLeaf Farms nabs C$78m in funding appeared first on PE Hub.

Funds 135
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A Classic Playlist from the Year 1983

Integrity Financial Planning

The year 1983 saw the release of some of the most iconic and timeless songs in music history. From pop to rock to new wave, this year had something for everyone. If you are headed into retirement and thinking about setting up a playlist of songs from when you were younger to celebrate, this list is for you. Let’s take a look at some of the best songs of 1983. “Every Breath You Take” by The Police This hauntingly beautiful song, written by Sting, topped the charts in 1983 and re

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Icahn regrets losing $9bn on short bets

Financial Times M&A

Plus, Credit Suisse bondholders get access to AT1 wipeout decree and Geely boosts stake in Aston Martin

Stakes 98
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Rising tide for $1bn water start-up

Financial Times: Moral Money

Also in today’s newsletter, investors look to the next health crisis on the horizon

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Crestview-backed OneMagnify scoops up Splash Analytics

PE Hub

OneMagnify is a provider of marketing and data-driven solutions. The post Crestview-backed OneMagnify scoops up Splash Analytics appeared first on PE Hub.

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Guiding clients to a yes

Million Dollar Round Table (MDRT)

By Alan C. Kifer, CFP, LUTCF It’s often challenging for prospects and clients to understand the value we as financial advisors can offer them. Clients get overwhelmed and confused by charts, numbers and myriad financial choices. Part of our job, though, is to make it relatable for them. This is one of my favorite ideas for simply explaining to clients how I can help them.

Taxes 90
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Geely doubles stake in Aston Martin to 17%

Financial Times M&A

Chinese group invests £234mn and becomes third-largest shareholder in carmaker

Stakes 98
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Investors must focus on margins in era of high rates, says Warburg Pincus boss

Financial Times: Moral Money

Veteran private equity executive Chip Kaye suggests looking for companies that can adapt to new financial conditions

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Wind Point-backed Handgards buys foodservice tableware products EMI Yoshi

PE Hub

Handgards is a North American manufacturer and supplier of disposable food safety and hygiene-oriented products for the foodservice industry. The post Wind Point-backed Handgards buys foodservice tableware products EMI Yoshi appeared first on PE Hub.

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An entry-level strategy for prospecting in community organizations

Million Dollar Round Table (MDRT)

By Bryce Sanders Many insurance agents and financial advisors have misconceptions about how involvement in the community leads to business. They assume you join an organization, word gets around and people approach you to do business. They assume the business effortlessly finds you. It doesn’t. You need to put in some effort and raise your visibility.

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M&A crackdown a ‘disaster’ for pharma sector, Pfizer executive warns

Financial Times M&A

Development chief raises worry over innovation after FTC sues to block Amgen-Horizon deal

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