Not exact matches
Assuming that the total amount
of bad debt in the banking system exceeds total bank capital — something which is almost certainly
true — the conversion
of debt which can not be serviced into an
equity position that is unlikely to generate much more (and in an economic downturn, which is when we are most concerned about the debt burden, we can assume that the decline in
value of these
equity positions will be highly correlated) leaves the net indebtedness
of the banking system unchanged, and so the contingent liabilities
of the government are unchanged even as reported debt in the system declines.
Relative to investing, we
value investors look to identify
equities selling for prices well below our estimate
of their intrinsic
value because history has taught us that the prices
of these securities will converge toward their
true worth.
Higher profitability coupled with lower market expectations is the cornerstone
of value investing, and Royce Special
Equity Fund allocates capital to stocks that fit the
true «
value» description.
He saw this as a pedagogy that aligned with his
values of equity for all students and
true student constructivism.
But for authors who choose to adopt the mindset that they are putting the time, effort, and sweat
equity into their work that makes it worthy
of being called an artisan product, the stigma will fall away and the
true value of artisanal publishing will be appreciated by the larger community.
The
true measure
of the
value of a firm's
equity is considered to be the present
value of all free cash flows.
The International
Value Equity strategy uses fundamental research to identify a portfolio
of 50 - 80 stocks believed to be undervalued by the market (and thus have a lower price than their
true worth) with portfolio construction driven by a quantitative risk - scoring framework.
Given the sharp appreciation in
value, casual observers might expect a flood
of new investors to pile into stocks and
equity mutual funds... not
true.
While the same thing is clearly
true for
equities, I find most
of the models miss the point that bond funds can, and likely will, go down in
value in the coming years.
In August
of 2017 I started reporting all
of my
equity assets using both their actual
value as well as the Money Commando
True Wealth Index (MCTWI).
Reason # 2: Youâ $ ™ re going to build
equity anyway is
true only in the event that you're taking out a loan that amortizes over the life
of the loan, and if the
value of your home rises over time.
The 4 % rule is really a guideline rather than a hard and fast rule — If your
equities perform better than expected then you can spend a bit more than the 4 % rule amount however the opposite is also
true, if you encounter a bear market and the
value of your portfolio drops then you should be prepared to cut back on the withdrawals.
Starting this month I will be reporting all
of my
equity assets using both their current
value as well as the Money Commando
True Wealth Index (MCTWI).
True about diversification — I go big (relative % to my total account
value) into different positions, but not so big that a wipe out
of one
equity would kill me.
Unless we are dealing with
true mortgage scams, the kindest answer lies somewhere between the «highest and best»
value that an appraiser will give the
equity lender who naturally wants to
value the home as high as possible (since the home
equity loan
value is most often based on 75 %
of the homeowners
equity); and the «most likely,» and typically lower, appraisal that a REALTOR or standard fair - market appraisal will bring when actually selling the home.