by Nicolas Rabener | Dec 20, 2021 | Uncategorized
How Much Does a VC Need to Make? Musing about venture capital return assumptions December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYVenture capital funds are highly sensitive to exit multiples given the skewed ratio of winners vs losersThe...
by Nicolas Rabener | Dec 13, 2021 | Uncategorized
ETFs for Rising Interest Rates One enemy, but an arsenal of weapons December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY A wide range of strategies are marketed as beneficiaries of rising interest rates Portfolios are comprised of equities,...
by Nicolas Rabener | Dec 6, 2021 | Uncategorized
Stock Market Returns and Volatility Is volatility a friend or foe? December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYAverage stock market returns are similar regardless if volatility was high or lowHowever, given skewed returns, it was not...
by Nicolas Rabener | Nov 29, 2021 | Uncategorized
Building a Long-Term Equity Portfolio Market timing via factor investing November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYWith a long-term time horizon, investors should consider alternatives to the market-cap weighted equity indicesA...
by Nicolas Rabener | Nov 22, 2021 | Uncategorized
Musing About S&P 500 Valuations Seeking greener pastures November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The valuation of the S&P 500 depends on portfolio construction Analyst EPS projections are likely overly optimistic PEG ratios of...
by Nicolas Rabener | Nov 15, 2021 | Uncategorized
Inflation-Themed ETFs: As Complicated as Inflation Good proxies for inflation? November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Given the importance of inflation as a topic, there are surprisingly few inflation-themed ETFs The few available...
