From a waterfall perspective, if preferred returns are paid out first, it may take longer for the waterfall to cascade down in its entirety. Depending on the catch-up terms chosen, the end results can vary in terms of the proportionate split of tota... Read more
He concluded that if he could buy a stock at a discount to its intrinsic value, he would limit his losses substantially. Although there was no guarantee that the stock’s price would increase, the discount provided the margin of safety he neede... Read more
Small-cap stocks are generally defined as having market caps between $300 million and $2 billion. Sometimes companies with market caps below $300 million are in this group, although most categorize those as micro-cap stocks. They are generally growt... Read more
Behavioral science is the field that was born out of these efforts; it seeks to explain our actions, whereas modern finance seeks to explain the actions of the idealized “economic man” . Personal financial planning generally involves ana... Read more
The decomposition of return on equity into its various factors presents various ratios useful to companies in fundamental analysis. Return on equity is equal to net income divided by total shareholder equity . Return on equity is an indication of ho... Read more
“Group” means a unit of usage rights for the Subscription Services. Groups may be set for individual Clients, specific campaigns, etc. GitLab will maintain a commercially reasonable system of data backup process and technology to ensure... Read more
Successful IPOs will typically be supported by big investment banks that can promote a new issue well. The IPO roadshow is a company’s chance to market and drum up interest for shares. It is also a way to gauge demand for shares, helping the u... Read more
The amount investors can invest is limited by their income and net worth. Thus, if investors' annual income or net worth is less than $107,000, they can invest either $2,200 or 5% of the lesser of their income or net worth, per year. The percentage... Read more
Overdraft or courtesy pay program protection pays items presented to a customer's account when sufficient funds are not present to cover the amount of the withdrawal. Overdraft protection can cover ATM withdrawals, purchases made with a debit card,... Read more
The Connecticut Office of Legislative Research, relying on data from the National Consumer Law Center, concluded that at least 10 states can be generally classified as nonrecourse for residential mortgages. Thomas J Catalano is a CFP and Registered... Read more