Saturday, November 16, 2019
THIS IS AN ARCHIVE OF THE MEETING HELD ON THE ABOVE DATE
STOCK MARKET UPDATE — DAVID SAITO-CHUNG
[ For Personal Use Only ]
TOPIC 1
Navigating Uncertain Markets
The future is unknowable, and there are risks inherent to that. Our success in managing those risks will determine our success in investing. With markets hovering near all-time highs and interest rates in a state of flux, it has never been more important to understand how to approach volatile and uncertain markets. Back by popular demand, Peter Lazaroff provides his latest insights into the state of the economy as well as strategies to improve your chance of success.
You will learn…
Peter Lazaroff is the author of Making Money Simple and Co-Chief Investment Officer at Plancorp, a national wealth management firm with more than $4 billion in assets under management. Lazaroff is a regular contributor to The Wall Street Journal and Forbes, while also appearing across a wide range of national television and print media. For the second year in a row, Peter was named to Investopedia’s Top Most Influential Financial Advisors. Lazaroff is both a CFA Charterholder and Certified Financial Planner (CFP).
TOPIC 2
Value Trap: Theory of Universal Valuation
The presentation covers the pitfalls of valuation multiples (e.g. p/e, p/s ratio), traditional quantitative analysis (e.g. value factor, size factor), and the great contradiction between factor investing and the efficient markets hypothesis. The presentation shows how enterprise valuation rests at the intersection of behavioral economics, quantitative theory, equity valuation, and therefore finance, itself. Mr. Nelson will talk about how enterprise valuation can be used to identify bubbles, and how it’s valuable for dividend-growth and income investing.
— SPECIAL NOTICE —
Attendees will receive a free paperback copy of Brian’s new book, Value Trap: Theory of Universal Valuation! Limited to the first 100 attendees.
You will learn…
Brian Nelson is the president of equity research and exchange-traded fund (ETF) analysis at Valuentum Securities. Before founding Valuentum in early 2011, Nelson worked as a director at Morningstar, where he was responsible for training and methodology development within the firm’s equity and credit research department. Nelson developed Morningstar’s discounted cash flow model used to derive the fair value estimates for the company’s entire equity coverage universe. He holds a bachelor’s degree in finance with a minor in mathematics and graduated magna cum laude from Benedictine University. Nelson earned an MBA from the University of Chicago Booth School of Business and is a holder of the right to use the Chartered Financial Analyst (CFA) designation.