Over the next year or so I think you may see the better mining companies such as the mid-tier South African platinum producers, and the London - listed silver producers evolve from
being asset plays to actually being valued on cash flow and earnings.
What the author did not understand was that my stocks
were all asset plays, valued on the basis of things like real estate holdings and other hard assets.
It popped to $ 70 plus last month before settling back after Chairman Einhorn's comments (and not exactly stellar first quarter results — but
this is an asset play).
Is this an asset play now at this lower price?
Not exact matches
Fidelity
is one of the biggest names on Wall Street publicly exploring how digital
assets can
play a role in their wealth management business.
This can amount to a lot of money in the U.K., which has a reputation of
being a more sympathetic place to
play out high - stakes divorces, because judges generally order a 50 - 50 split of
assets, giving equal weight to the work of a wealth creator and a partner.
The final act of the deregulation drama
is set to
play out between now and 2017, the deadline Ottawa has set for the Canadian Wheat Board (or its
assets) to
be privatized.
«Now we
're putting together some content deals that we like that will not only
play across the Oath
assets but
play across mobile and
play across Fios as well,» McAdam said.
The life - savers
are pension funds, whose demand for long - term fixed income
assets could reach record levels this year - and, counterintuitively, it
's the surge in world equity markets that will
play a large part in fuelling this appetite.
Human labor
is your largest cost and your largest
asset, so give employees everything necessary to
be successful and let them
play the game as you hired them to.
Preserving capitalin volatile times
is an art in itself, but one analyst says the safe haven
play is now creating bubbles in safe haven
assets, indicating losses could
be just around the corner.
Earlier this year, Delaware became the first state to give account holders the power to bequeath digital
assets, and it
's likely other states will put similar laws in
play.
Rotation towards
assets, sectors, markets that benefit from higher inflation and steeper yield curve may take longer to
play out but destination
is clear.
The Justice Department has
been particularly interested in the role that American banks and law firms have
played in hiding the
assets of the superwealthy.
The global financial crisis, like the Great Crash of 1929, also reflected widespread regulatory shortcomings and other weaknesses in a number of countries.1 But it
is likely that monetary policy
played at least a contributing role in encouraging the buildup of leverage and
asset prices in a fragile financial system.
Even though these
are long - term
assets, it seems that there
are now more momentum investors and macro traders than ever trying to
play this space.
There
were two stories this past week about Fidelity Investments that seem to
be very much related and could signal how things may
play out in the
asset management industry going forward.
Global economic crises such as the one we
're seeing
play out in Greece
are a reminder of the value that
assets not controlled by governments have.
PeerStreet's goal
is to level the
playing field and allow people to access real estate debt as an
asset class.
To
be sure, global policy liquidity has
played the lead role in pushing
asset prices to new highs, with strong correlations across both risk - free and risky
assets.
This
is a
play on the common term for a more logical investment practice called mark - to - market, which
is used to create a realistic appraisal of a company's financial
assets.
If you looks at bonds, currency, equities and commodities, if you
are involved in a whole bunch of different
asset buckets and open - minded you tend to only
play when you should.»
The key
is «listening,» which in the world of content marketing, really means reading (of course you may also
be «
playing» and «viewing» media
assets that showcase multimedia).
But I think if we
were going to try to simplify this so that it makes a little bit of sense for people I think one of the main reasons that we can talk about why this might
be happening comes down to central banks around the globe
are playing a major role in the buying and selling of financial
assets and an extreme degree.
This
is relevant because both instruments
are high quality
assets that
play an important role as collateral in the funding markets.
Of course, buying expensive risk
assets on the view that they
're going to become more expensive
is a dangerous game to
play, but since government funding crises hammer risk
assets while printing money inflates them, such funding crises should present decent value opportunities to buy into beaten up
assets before the inflation ride.
As I
am not a Deep Value guy, I
am not looking for
asset plays far below book value.
The
play here
is to start buying distressed poor American
assets and forming farms, ranches or even islands dedicating to housing them and fattening them on low cost / calorie inputs like McDonald's (NYSE: MCD) dollar menu and corn syrup IVs.
GE, in a move to become a pure
play industrial company,
is exiting the financial services business by selling the bulk of the
assets contained in its GE Capital unit and returning most of the proceeds from that disposition to shareholders in the form of a $ 50 billion share buyback.
In recent months, this «use for cash» story has
been playing out strongly in the ETF space, as retail and institutional investors pour
assets into ultra-short-dated bond funds.
These risks
are playing out against a backdrop of
asset prices propped up by years of plentiful liquidity.
Rising rates have
been a key driver in the recent repricing of risk
assets and bouts of volatility, but there
are other factors at
play.
Here
are their current top positions and please keep in mind that they own multiple securities /
asset classes in each name: - Chrysler - Delphi Corp - CIT Group - Dana Holding Corp - PHH Corp As you can see, there
's a bunch of automotive names listed above and we highlighted back in August 2009 how Loeb favored select auto
plays and obviously they've performed well over time.
Additionally, investment income, which has
been strong of late due to rising
asset valuations, also
plays a meaningful role in the top - line figure.
Since the start of this decade the rate of growth of what
was perceived to
be low risk
assets at many banks,
was significantly higher than the rate of growth of capital, a trend that
played a great part in the collapse of many financial institutions.
Meanwhile, Congress
is refusing to let foreign governments invest in much besides overpriced junk here, so central banks
are treating the dollar like a hot potato, trying to buy foreign
assets that can
play a role in their own future economic development.
Hilary Clinton famously quoted the Woody Allen maxim that 80 % of success
is just showing up to explain her commitment to face - to - face diplomacy, especially in Asia.But the US has the kind of
assets in
play that give real substance to the presence of US officials.
It
was the promise of Blockchain that drew her in; creating a more open world, leveling the
playing field, giving people more control and freedom over their information,
assets, and livelihoods, and the opportunity to take part in something that has the potential to change the world.
Why ConocoPhillips
is selling off land in the world's hottest oil
play and buying Canadian gas
assets
We
are watching all of this
play out real - time as fixed - income fund flows
are broadly shunning sectors with embedded credit and / or duration risks, in favor of freshly attractive, and lower risk, high - carry
assets.
The downside
is that the
play money account
is likely to
be a mish - mash of unrelated investments, and it doesn't give you the opportunity to make an investment based on the idea that one part of an
asset class
is going to outperform another part of the same
asset class.
China
played a major role in the years - long bull market for bitcoin, and the emergence of South Korea offered reassurance that the high - tech Asia region
was embracing the alternative
asset class.
It
is this approach that now
plays an important role in justifying the extraordinary concentration of endowment
assets and cultural prestige in just a few schools at the top of our university system.
It will
be interesting to see whether farmers will
be driven purely by price or other factors will come into
play, such as preferring to
be part of an Australian - owned operator such as Bega Cheese, which has
been widely tipped in the media as an interested party for a full takeover or some key
assets.
While
asset management isn't necessarily exciting, it does
play a huge role in the success of your food processing operation.
That ability to not
play for weeks but come in and
play a specific, important role
is an
asset.
But maybe a guy who can
play in two or three different positions would
be a better
asset for us.
Giroud's main
asset is that mythical hold up
play with his back to the post.
The
assets they received
were so minimal that it would have
been better forgoing them to buy time to see how the situation
played out, even if it meant there
was a chance they'd lost Noel for nothing.
If he wants to ever become an
asset he has to
play wide and show he
is any kind of option to Campbell», the resurgent Ox, Sanchez or maybe Mahrez.