Wiley Corporate Finance Updates

Posted April 9th, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Turns out, the biggest short in the banking industry anywhere in the world isn’t in Switzerland or Silicon Valley, but rather, in the relatively tame financial centre of Canada. In recent weeks, short sellers have upped their bearish bets against Toronto-Dominion Bank, and now have roughly US$3.7 billion on the line vis-à-vis Canada’s second-largest lender, according to an analysis by S3 Partners. That’s the most among financial institutions globally and puts TD ahead of the likes of France’s BNP Paribas SA and Bank of America Corp.

Source: BNNBloomberg.ca – video report

Date: Apr 04, 2023

Link: https://www.bnnbloomberg.ca/toronto-dominion-becomes-biggest-bank-short-with-us-3-7-billion-on-the-line-1.1904455

Questions for discussion:

Summarize the analysis presented in the report?
Why is there particular concern about TD?
Would you be a buyer of TD or other banks today?

Posted April 9th, 2023 by Brahm Canzer & filed under Economic Analysis, Industry Analysis, Management Issues.

Description: When Dereck Paul was training as a doctor at the University of California San Francisco, he couldn’t believe how outdated the hospital’s records-keeping was. The computer systems looked like they’d time-traveled from the 1990s, and many of the medical records were still kept on paper.

Source: NPR.org

Date: Apr 05, 2023

Link: https://www.npr.org/sections/health-shots/2023/04/05/1167993888/chatgpt-medicine-artificial-intelligence-healthcare

Questions for discussion:

Summarize the challenges facing doctors and the opportunities to help provided by AI.
How will these contributions to help manage operations, costs, and patient relations, in your opinion?

Posted April 9th, 2023 by Brahm Canzer & filed under Growth & Valuation, Industry Analysis, Management Issues.

Description: These findings and others come from a new study by Joel Waldfogel, an economist at the University of Minnesota’s Carlson School of Management. Waldfogel crunches the numbers on the book market’s female revolution. And, in a recent interview, the economist helps us think through potential reasons why women trail men in many creative industries, but have had spectacular success in achieving — in fact, surpassing — parity with men in the US publishing business.

Source: NPR.org

Date: Apr 04, 2023

Link: https://www.npr.org/sections/money/2023/04/04/1164109676/women-now-dominate-the-book-business-why-there-and-not-other-creative-industries

Questions for discussion:

Summarize the research findings into the industry, as described in this report?
What does this mean for industry growth and development, in your opinion?

Posted April 2nd, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Not too long ago, Virgin Orbit was in rarified air among U.S. rocket builders, and executives were in New York celebrating its public stock debut. The scene was true to the marketing pizazz that has helped Sir Richard Branson build his Virgin empire of companies, showcasing with a rocket model in the middle of Times Square.

Source: CNBC.com

Date: Mar 31, 2023

Link: https://www.cnbc.com/2023/03/31/virgin-orbit-what-went-wrong.html

Questions for discussion:

Why did the company fail, according to the report?
Was there a financial strategy that could have worked?
What does this failure signal to investors, in your opinion?

Posted April 2nd, 2023 by Brahm Canzer & filed under Financial analysis, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: A new paper co-authored by Wharton’s Nikolai Roussanov uses machine learning to construct investment portfolios that ensure predictability of returns in a world of changing risks.

Source: knowledge.wharton.upenn.edu

Date: Mar 28, 2023

Link: https://knowledge.wharton.upenn.edu/article/win-the-race-for-higher-risk-adjusted-stock-returns/

Questions for discussion:

Summarize the argument presented in this report.
Why is it so controversial?
How should investors use this information, in your opinion?

Posted April 2nd, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Industry Analysis, Management Issues, Personal Finance.

Description: “What we’re seeing now nationwide is something that is known as ‘tipflation’ … at every opportunity we’re being presented with a tablet that’s asking us how much we’d like to tip,” said etiquette expert Thomas Farley, also known as “Mister Manners.”

Source: CNBC.com – video report

Date: Apr 01, 2023

Link: https://www.cnbc.com/2023/04/01/how-tipping-in-the-united-states-got-out-of-control.html

Questions for discussion:

Summarize the history of tipping inflation, as described in the article.
How does tipping policy affect pricing and profitability for businesses?
Do you think the current consumer thinking about tipping will continue for a long time to come?

Posted April 2nd, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Market Analysis, Personal Finance.

Description: The Canadian government will allow Rogers Communications Inc. to acquire rival Shaw Communications Inc., ending a two-year odyssey to seal one of the biggest corporate takeovers in the country’s history.

Source: BNNBloomberg.ca – video report

Date: Mar 31, 2023

Link: https://www.bnnbloomberg.ca/rogers-shaw-deal-approved-by-canada-s-industry-minister-1.1903059

Questions for discussion:

Summarize the key points presented in the report about the deal.
Do you think this is a good deal for shareholders and customers?
Would you be a buyer of Rogers today?

Posted April 2nd, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Startups are buying properties and wooing first-time real estate investors to buy shares. The model could have real repercussions for renters.

Source: Wired.com

Date: Mar 30, 2023

Link: https://www.wired.com/story/arrived-fractional-investment-real-estate/?_hsmi=252508126&_hsenc=p2ANqtz-_6BxRUZp1vSN_Bh9FIR75GdG5FKWsByHxbC_DJZDAZmwMgmVCH8bsPs5FGOfillRcF-m8PKY-jKUpm8wARM0PD-Glm5NW2HTIr6kMQs_1UcPfQ4tE

Questions for discussion:

Summarize the pros and cons of this sort of business model, as described in the article.
What is the impact on rentals, according to the report?
Do you think the business model could be used in other areas of the economy?

Posted April 2nd, 2023 by Brahm Canzer & filed under Company Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: It’s five months since Elon Musk overpaid for a relatively small microblogging platform called Twitter. The platform had punched above its weight in pure user numbers thanks to an unrivaled ability to both distribute real-time information and make expertise available. Combine these elements with your own critical faculty — to weed out the usual spam and bs — and it could feel like the only place online that really mattered.

Source: TechCrunch.com

Date: Mar 28, 2023

Link: https://techcrunch.com/2023/03/28/twitter-is-dying/

Questions for discussion:

Summarize the analysis of the decline of Twitter, as presented by Natasha Lomas.
Do you agree with her assessment?
What would you suggest to Elon Musk and the board of directors?
Do you think an alternative to Twitter will emerge?

Posted March 26th, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Nobody seems to have any clue at this point about the degree of the damage already done in the current banking crisis or whether there are more shoes to drop. The knock-on effects from Silicon Valley Bank to First Republic Bank are now obvious, but the investor fear, whether rational or not, is spreading.

Source: Financialpost.com

Date: Mar 21, 2023

Link: https://financialpost.com/investing/banking-crisis-will-be-no-picnic

Questions for discussion: