21 Matching Annotations
  1. Apr 2019
    1. The creation of a successful status game is so mysterious that it often smacks of alchemy. For that reason, entrepreneurs who succeed in this space are thought of us a sort of shaman, perhaps because most investors are middle-aged white men who are already so high status they haven't the first idea why people would seek virtual status
  2. Jan 2019
  3. Jul 2018
    1. Die Finanzierung der Gesellschaft soll maßgeblich aus Steuereinnahmen und Mauterträgen erfolgen. Die Aufnahme von Krediten durch die Autobahngesellschaft hingegen soll im Gegensatz zu anderen staatlichen Unternehmen grundsätzlich überhaupt nicht möglich sein. Dagegen können sich für spezielle Projekte auch weiterhin private Investoren an einzelnen Streckenabschnitten oder Großbauprojekten finanziell beteiligen, was bisher auch schon vereinzelt in der Vergangenheit geschehen ist. Diese private Finanzierung im Rahmen von sogenannten öffentlich-privaten Partnerschaften (kurz ÖPP) ist damit die einzige Möglichkeit für eine sogenannte Fremdfinanzierung der Autobahngesellschaft. Hierbei soll allerdings sicherheitshalber eine Begrenzung auf Straßenlängen von maximal 100 Kilometer Länge erfolgen, um eine schleichende Unterwanderung des Alleineigentums des Bundes am gesamten Autobahnnetz zu verhindern.
  4. Jun 2018
    1. GPIF has selected FTSE Blossom Japan index, a new index compiled by FTSE Russell for the Japanese pension fund, as well as MSCI Japan ESG Select Leaders index and MSCI Japan Empowering Women index.
    1. The outperformance of ESG strategies is beyond doubt. In emerging markets, the trend is particularly pronounced: the MSCI Emerging Markets Leaders index, which includes 417 companies that score highly on ESG, has been outstripping the dominant MSCI Emerging Markets benchmark since the 2008-09 financial crisis, with the outperformance gap reaching a record in June this year.
    2. The BYD investment story is a small part of a much bigger trend. Investors are finding that if they are good to the planet and to people, they also end up, on average, benefiting themselves. There is mounting evidence that funds which observe environmental, social and governance (ESG) standards in their strategies tend to outperform those that don’t by a significant margin.
    1. Ethical investing and ESG, although they are related, are different concepts. Ethical funds avoid harmful sectors; ESG, a more holistic investment approach, integrates ESG principles into portfolio decisions.
  5. May 2018
    1. Qũy ETF SSIAMVNX50 do 4 thành viên sáng lập, gồm Công ty Chứng khoán Sài Gòn (SSI), Công ty chứng khoán Bảo Việt (BVSC), Công ty chứng khoán Ngân hàng Ngoại thương Việt Nam (VCBS) và Công ty chứng khoán VNDirect (VNDS). Theo bà Lê Lệ Hằng, Tổng giám đốc SSIAM, cho đến thời điểm này, nguồn vốn của quỹ ETF SSIAMVNX50  đều từ trong nước và chủ trương của Qũy cũng hướng đến dòng vốn nội địa.
    1. Trong 2 tháng đầu năm, quỹ V.N.M đã huy động được 53.37 triệu USD, quỹ ETF nội thậm chí còn "khủng" hơn khi huy động thành công gần 100 triệu USD (2.266 tỷ đồng). Dòng tiền từ các quỹ đã làm điểm tựa cho thị trường trong thời gian này. Kết thúc tháng 2/2018 chỉ số VN index tăng 13,6% lên 1121,54 điểm.
    1. hạn mức sau khi nâng lên 75 triệu đồng, theo số liệu từ Bảo hiểm Tiền gửi Việt Nam, đã đảm bảo bảo vệ được nhiều người gửi tiền nhỏ, thiếu thông tin về hoạt động ngân hàng (chiếm hơn 80% người gửi tiền)
    1. SIPC is an insurance that provides brokerage customers up to $500,000 coverage for cash and securities held by the firm (although coverage of cash is limited to $250,000).
  6. Sep 2017
    1. They don't get that individual components can compound at a lower rate, on average, than the overall portfolio or that several bankruptcies of different holdings along the way can still result in positive returns.
    2. Specifically, Vanguard has $198,712,172,000 in that particular fund as of the end of 2014, of which $89,234,130,000 consisted of unrealized gains.  If Vanguard were to experience a significant run on the fund for whatever reason - and these things have, do, and will happen - management could be forced to liquidate those positions or, at the very best, pay them out "in kind".  This is something Vanguard investors have never had to consider because as indexing has become the latest fashion, it has been able to pay redemption requests with fresh deposits a lot of times, net assets growing in the long-run.  Should that stop, it could get ugly.
    3. Final Thoughts About Investing in Index FundsWhere does that leave us?  My conclusions are fairly straightforward and, at the risk of repeating myself in sections, I'll share them with you:If your portfolio is modest, and you don't have a clue what you are doing, index funds are probably your best bet.  They are good enough for what you need and will likely save you from a lot of mistakes.  If your money is held captive in a 401(k) plan at work and you have to make allocation decisions, low-cost index funds are almost always going to be among the best choices you have at your disposal.  Seriously consider investing in them over the alternatives or, at the very least, making them a core part of your portfolio.If you are affluent or high net worth, enough to get economies of scale with your money, take advantage of certain planning and tax strategies, and have a lot of money outside of tax shelters, you are bonkers if you invest in the pooled, public index fund.  Instead, if you want to use an indexing approach, build a privately held index fund for yourself or pay someone like Goldman Sachs a meaningless handful of additional basis points to administer it for you.  There are few things nuttier than someone with millions of dollars sitting on taxable index funds when the dramatically superior alternative of a private index account is available.  In other words, take index funds for what they are: a potentially wonderful tool that can save you a lot of money and help you get a good foundation underneath you.  Once you are wealthy enough to have some real money behind you, consider bypassing the pooled structure entirely and owning the underlying components.  Beyond that, index funds are neither friend nor foe, virtuous nor evil.  They are a tool.  Nothing more, nothing less.  Use them when it suits you and is to your advantage, avoid them when they don't and aren't. Don't get emotionally attached to them or somehow be seduced by the lie that there is something magical about their structure that makes them superior to all else in the universe.If you do invest through index funds, I'd gently suggest you consider dollar cost averaging into a handful of core index funds, including an all-cap domestic and a developed market international, reinvest your dividends, ignore market fluctuations, and stay the course.  Let time do the heavy lifting for you and, if you have a long enough run and good enough luck, retirement should be more comfortable than it otherwise would have been.  There are a lot worse things you can do.
    4. All that matters is 1.) which stocks you own, 2.) how those stocks are selected, 3.) the weightings assigned to those stocks, 4.) the costs relative to the services or benefits received, and 5.) the potential tax exposure.  Maybe you can get it through an index fund, maybe you can't.  Directly owned passive portfolios are going to be a better choice for a lot of successful people.
    1. Making money from ETFs is essentially the same as making money by investing in mutual funds because they operate almost identically.
    2. How you make money from an ETF will depend on the underlying investments of that ETF over time.That is, if you own a stock ETF that focuses on high-dividend stocks, you are hoping to make money from a combination of capital gains (an increase in the price of the stocks your ETF owns) and dividends paid out by those same stocks. Likewise, if you own a bond fund ETF, you hope to make money from interest income. If you own a real estate ETF, you hope to make money from the underlying rents, capital gains on property sales, and service income generated by the apartments, hotels, office buildings, or other real estate owned by the REITs in which the ETF has made an investment.
  7. Jun 2016
    1. Australian dollar—viewed as a proxy for China's growth—spiked as much as up 1 percent against the greenback.

      China uses Aussie raw materials.

      Chinese demand for the Aussie Dollar is reflected in growth in the dollar. ↑ AUD = ↑ CHINA

  8. May 2016
    1. Stockholder's equity is the capital received from investors. So, treasury stock cannot be included as a company cannot invest in itself.

      So upon a share repurchase, both cash and equity is decreased by the same amount

  9. Dec 2015