Tag: Believes

Gotham’s Greenblatt Believes in Relative Value

(Bloomberg Opinion) — Why has value underperformed growth for so long in the stock market? Joel Greenblatt of Gotham Asset Management LLC, who is this week’s guest on Masters in Business, explains why traditional measures of value such as price-to-book value, price-to-earnings and debt-to-equity ratios are failing to identify companies with strong potential future cash flows and good growth prospects. He recommends investors instead look to “relative value” as a way to identify companies that have better prospects than suggested by traditional value metrics. 

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Greenblatt has shared this idea in his books, most notably “You Can Be A Stock Market Genius.” His mutual fund — Gotham Enhanced S&P 500 Index Fund — uses the relative value approach. It has a 4-star ranking from Morningstar and has outperformed 90% of its peers since inception. Greenblatt has been an adjunct professor at Columbia Business School since 1996, where he

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Forest Green chairman Dale Vince believes B teams in EFL is a ‘hideous’ idea

A proposal for Premier League clubs to play B teams in the English Football League is a “hideous” idea, according to one chairman.

Manchester City chief executive Ferran Soriano said football in the top flight was not a sustainable business even before the coronavirus crisis and suggested the introduction of second-string sides would rectify that.

However, Dale Vince, chairman at Sky Bet League Two Forest Green, believes the idea would destroy over a century of heritage and a better solution to the unsustainability argument would be for the Premier League to filter down more cash.

Manchester City chief executive Ferran Soriano suggested B teams could play in the EFL (Martin Rickett/PA)

“I think it is a hideous idea. It might be great for some clubs in the Premier League but it is not great for the EFL,” he told the PA news agency.

“We don’t just want to become

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Komphela believes money has influenced Mamelodi Sundowns’ transfer business

Golden Arrows coach Steve Komphela says Mamelodi Sundowns’ financial muscle has given Pitso Mosimane an edge over other Premier Soccer League (PSL) coaches in the transfer market as he started his business earlier than most clubs.

Downs’ seriousness in building a strong squad for next season was shown in March when George Maluleka signed a pre-contract with them after turning down a new deal at Kaizer Chiefs.

Soon after Maluleka was announced as a Sundowns player in July, the Brazilians went on to sign Lesedi Kapinga from Black Leopards and ex-Ajax Cape Town midfielder Grant Margeman.

Just as the season ended, the former Bidvest Wits duo of goalkeeper Ricardo Goss and midfielder Haashim Domingo, as well as the ex-Highlands Park pair of Mothobi Mvala and Peter Shalulile, arrived at Chloorkop.

“It’s not easy in the transfers. It’s helluva difficult,” said Komphela as per Sun Sport.

“I think Mamelodi Sundowns have

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Lionsgate Vice Chairman Believes the Pandemic Permanently Changed the Theatrical Business

Lionsgate Vice Chairman Michael Burns thinks there is no going back to the pre-pandemic business model for theaters. “I think the theatrical business is changed forever. And it probably took a pandemic to actually start to move that along,” Burns said during a Goldman Sachs conference on Wednesday, arguing that the industry will see more windowing deals similar to the agreement between Universal and AMC, which allows the studio to take films out of the theaters and put them on streaming after only 17 days. “The idea that we have three weekends theatrically and then some sort of rev share arrangement… that’s certainly interesting,” he said, noting that Lionsgate would be interested in a similar type of arrangement. Burns pointed to the studio’s upcoming movie “Antebellum” as an example of a future, multi-platform model for theatrical releases. Also Read: Bob Bakish Explains Why ViacomCBS Chose Paramount+ Name for Rebranded Streaming

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