Jacob Wolinsky
Stories (93/0)
TESLA STOCK PREDICTIONS BAKE IN EXTRAORDINARY EXPECTATIONS
When Tesla stock hit $1,400 a share this week, analysts began to rapidly update their predictions. The shares fell back below $1,400 on Wednesday, but they’re holding on to $1,300, which many analysts find astonishing.
By Jacob Wolinsky3 years ago in Trader
GRUPO TELEVISA SAB: GROWTH AND VALUE ALL IN ONE
Grupo Televisa SAB ADR (NYSE:TV) is a stock that many U.S. investors may be oblivious to, even though the company is a significant stakeholder in the North American Univision television network. Nonetheless, investors seeking international exposure at a bargain price are advised to keep an eye on this one.
By Jacob Wolinsky3 years ago in Trader
WHAT ARE TAIL RISK FUNDS? AN INTRODUCTION TO A NICHE
Tail risk funds represent a small niche of the hedge fund industry, and there are a few different types. They essentially serve as insurance for your portfolio. They lose money most of the time, but when there is a tail risk event, they rise quite a bit when the rest of the market crashes down hard and fast.
By Jacob Wolinsky3 years ago in Trader
GREENSILL, SOFTBANK AND COOKING THE BOOKS
This month’s blog is a little different — it’s co-written with my friend Marc Rubinstein. Marc is a highly talented analyst, ex Lansdowne Partners anmd writes a terrific blog on banks and financials which you should definitely subscribe to. Marc also is the tutor on our Banks Sector Course. In this blog, where he did all the hard work and write some more elegant prose than is customary in tehse pages, we take a look at Greensill, on paper one of the most valuable fintechs in Europe. What a story! It’s got it all: a Softbank angle, a BaFin angle (remember Wirecard last week?), a human interest angle (farmer turns billionaire) an element of financial engineering, and of course an accounting red flag issue.
By Jacob Wolinsky3 years ago in Trader
SPECULATIVE EARNINGS AND RECENT STOCK PRICE MOVEMENTS
In a clever and useful analysis, Ronen Israel, Kristoffer Laursen, and Scott Richardson of AQR use the residual income approach to break down how the value of a company’s stock depends on three components: its book value, the value of its predictable earnings, and the value of its speculative earnings. The first component, the book value, can be read off the balance sheet. The second component, the value of predictable earnings, is based on the assumption that the company meets analyst forecasts for the current year and the following year. In all future years beyond year two, the earnings are assumed to be equal to year two earnings. The final component, the speculative value, equals everything else. The speculative value is calculated by starting with the stock price and subtracting the book value and the value of predictable earnings. The speculative value incorporates all the growth in earnings that the market expects beyond the first two years. To summarize,
By Jacob Wolinsky3 years ago in Trader
ASSET MANAGERS GOT SBA PPP LOANS, BUT DID THEY NEED THEM?
The Small Business Association’s (SBA)’s Payroll Protection Program (PPP) handed out loans to small businesses, but it isn’t just small businesses getting the loans. Criticism of the program continues as officials released details on hundreds of thousands of businesses that received PPP loans from the SBA, many of which will be forgivable.
By Jacob Wolinsky3 years ago in Trader
TOP SHORTS IN THE LAST EIGHT YEARS THAT PAID OFF BIG TIME
It’s incredibly difficult to make big money shorting stocks. You need a strong conviction in your bets. You need to have a firm belief that something is cooking in the company that most people overlook or choose to ignore. Those shorting stocks during the COVID-19 pandemic have made more than $50 billion in profits.
By Jacob Wolinsky3 years ago in Trader
TOP SHORTS IN THE LAST EIGHT YEARS THAT PAID OFF BIG TIME
It’s incredibly difficult to make big money shorting stocks. You need a strong conviction in your bets. You need to have a firm belief that something is cooking in the company that most people overlook or choose to ignore. Those shorting stocks during the COVID-19 pandemic have made more than $50 billion in profits.
By Jacob Wolinsky3 years ago in Trader
Tesla Skyrockets On Delivery News
Tesla stock skyrocketed yet again after the company's Q2 deliveries smashed consensus estimates. Tesla said it delivered 90,650 vehicles during the second quarter, representing a 28.9% beat over the consensus Q2 deliveries number of 70,328.
By Jacob Wolinsky3 years ago in Trader
