On October 22nd, 2020, the Amador Valley Investment Club hosted Fiona Ma in a virtual guest speaking session. Fiona Ma is the 34th and current State Treasurer of California. She has had a renowned career in public service, having been involved with many initiatives and committees in California’s government. She is the former Chair of […]
Hedge funds are financial partnerships that use pooled funds and employ different strategies to earn the highest possible returns for their investors. They are run by a fund manager, also known as the general partner, whose job is to maximize returns and eliminate risk as much as possible. Hedge funds are considered to be more […]
One of the most famous ratios used by value investors is the EV/EBITDA ratio, or the Enterprise Value to Earnings Before Interest, Tax, Depreciation, and Amortization ratio. Value investors use it to evaluate a company. The EV/EBITDA ratio is used with or instead of the P/E ratio. Let’s break down this ratio into two parts: […]
The new morality does not consist in saving but in expanding consumption. Simon Patten Today, India is one of the biggest markets for businesses. Its large population is seen as an asset by Multinational Corporations. India has become a hub for Information and Communication Technology with Banglore seen as the Silicon Valley of India. There […]
In a capitalist society, money is power to businesses. Institutions that generate revenue — for-profits and non-profits, corporations and single-employee businesses, farms and automobile factories alike — eventually need to achieve solvency to be sustainable long-term. The economy cycles between periodic highs and periodic lows, and as much as businesses may want to prolong periods […]
After the introduction of subprime mortgage-backed securities, investors were throwing their money into the U.S. housing market and housing prices began to rise. The newly relaxed lending regulations and low interest rates drove housing prices higher, making the MBS and CDO seem like even better investments. They figured that even if the borrower defaulted on […]
The main trading session of most stock markets is during normal business hours, from 9:30 AM to 4:00 PM, in the daytime. However, trading is not restricted to this time period. Investors can buy and sell stocks after the markets close during the after-hours trading session. There are key differences between trading in the daytime […]
Many people associate financial options with options traders who make mammoth returns on their investment. In reality, options are a useful type of financial security, which is a tradable financial asset such as a stock, that provides traders with flexibility, efficient bets, and most notably, high returns on investment if used correctly. So, what really […]
From 2007-2009, the United States witnessed its biggest economic crash since the Great Depression. The Great Recession left 8.8 million people without jobs, shooting unemployment up to 10% and leaving about 10 million Americans without homes. The stock market crashed with the DOW dropping around 7,000 points or 54% in a span of 18 months. […]