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    Sunday, November 3, 2019

    Remember to always smell check investments Investment Club

    Remember to always smell check investments Investment Club


    Remember to always smell check investments

    Posted: 02 Nov 2019 03:17 PM PDT

    Despite his company crashing from a proposed valuation of $47 billion to a valuation of $8 billion in a few months, Adam Neumann walked away from WeWork with $1.7bn, comprising of:

    • $1 billion for his shares
    • $185 million for a four-year position as a consultant
    • $500 million loan to repay a credit line from JP Morgan.

    This was hyped as a 'tech' stock.

    The financials are horrific.

    Remember that even Masayoshi Son (the dude who invested $20mm in Alibaba in 1999) can throw $10bn into effectively a ponzi...

    https://www.youtube.com/watch?v=OpQ-VbvGwe4

    submitted by /u/financeoptimum
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    questions on vol, var, es, dts, duration

    Posted: 02 Nov 2019 04:13 PM PDT

    Can you help me figure out what the meaning of all these numbers for an actively mgt fixed income mutual fund:

    For the month: tracking error (bps/yr): 23
    curve contribution: 17
    non-curve contribution: 6

    Portfolio Vol (bps/yr): 340
    Portfolio VaR (bps/month): 240
    Portfolio ES (bps/month): 315 (where ES is expected shortfall)

    DTS: 2.9
    OAD: 6.1
    OAC: -0.31

    submitted by /u/stylindielin
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