Understand your retirement income and estate planning options with this Roadmap to Retirement presentation by Greg Stevens, CFP, Senior Wealth Advisor, and Tom Vautin, Senior Financial Planner, of Cabot Wealth Management.
The document discusses emerging ICT regions based on an analysis by the Tau Institute that measures the relative socioeconomic and technology environments of 102 countries. It introduces groupings like BRIC and MINT and describes the Tau Institute's approach of analyzing individual countries and regions based on factors like bandwidth, internet access, income, and corruption. Examples are provided of country analyses for various regions including Eastern Europe, the Middle East, Africa, Asia, and Latin America.
Canada, USA & Mexico: Working Together for a Promising Future
A 25 deck on how strong the north american region is positioned in the world as it competes into the future
The document discusses project portfolio management (PPM) as a holistic approach to strategically manage initiatives through balancing risk and value, aligning projects to strategy, and using a defined multi-stage life cycle from scoping to realization. PPM aims to select the optimal mix of projects based on cost, return, risk, and other factors to maximize portfolio value while balancing resources across the project portfolio.
Sl12 opportunities in challenging marketscabotmoney
The document summarizes the 23rd Annual Investment Conference & Luncheon, which featured presentations on opportunities in challenging markets, productivity and efficiency, big data and mobile revolution, and genomics and personalized medicine. Tim Moore discussed measuring and benefits of productivity/efficiency. Dennis Wassung discussed investment opportunities arising from big data and the mobile revolution. Craig Goryl discussed genomics, including DNA sequencing, trends in commercialization and privacy/ethics, and investment opportunities in sequencing equipment, diagnostics, and research.
Top 4 global trends in life science and healthcare and why is this important ...STELIOS PIGADIOTIS
Top Global Trend Areas of Scientific advancements in Life Science and Healthcare
How Middle Eastern Healthcare Ecosystem can Benefit for these Advancement
Netwealth portfolio construction series: 2018 investment outlook - Technology...netwealthInvest
Hear the outlook for growth industries such as technology and heathcare, and what upstream and downstream retail investment opportunities exist with Gino Rossi, Back-up Portfolio Manager for Arnhem.
“Next-Generation Sequencing (NGS) Global Market – Forecast To 2022”Vinay Shiva Prasad
Next Generation Sequencing (NGS) has revolutionized the way the human genomes are being sequenced now a days. The time and cost to sequence has tremendously reduced . In the last five years, the sequencing cost has rapidly reduced and this is supposed to have a huge impact on the NGS market in the coming years.
The document discusses emerging ICT regions based on an analysis by the Tau Institute that measures the relative socioeconomic and technology environments of 102 countries. It introduces groupings like BRIC and MINT and describes the Tau Institute's approach of analyzing individual countries and regions based on factors like bandwidth, internet access, income, and corruption. Examples are provided of country analyses for various regions including Eastern Europe, the Middle East, Africa, Asia, and Latin America.
Canada, USA & Mexico: Working Together for a Promising Future
A 25 deck on how strong the north american region is positioned in the world as it competes into the future
The document discusses project portfolio management (PPM) as a holistic approach to strategically manage initiatives through balancing risk and value, aligning projects to strategy, and using a defined multi-stage life cycle from scoping to realization. PPM aims to select the optimal mix of projects based on cost, return, risk, and other factors to maximize portfolio value while balancing resources across the project portfolio.
Sl12 opportunities in challenging marketscabotmoney
The document summarizes the 23rd Annual Investment Conference & Luncheon, which featured presentations on opportunities in challenging markets, productivity and efficiency, big data and mobile revolution, and genomics and personalized medicine. Tim Moore discussed measuring and benefits of productivity/efficiency. Dennis Wassung discussed investment opportunities arising from big data and the mobile revolution. Craig Goryl discussed genomics, including DNA sequencing, trends in commercialization and privacy/ethics, and investment opportunities in sequencing equipment, diagnostics, and research.
Top 4 global trends in life science and healthcare and why is this important ...STELIOS PIGADIOTIS
Top Global Trend Areas of Scientific advancements in Life Science and Healthcare
How Middle Eastern Healthcare Ecosystem can Benefit for these Advancement
Netwealth portfolio construction series: 2018 investment outlook - Technology...netwealthInvest
Hear the outlook for growth industries such as technology and heathcare, and what upstream and downstream retail investment opportunities exist with Gino Rossi, Back-up Portfolio Manager for Arnhem.
“Next-Generation Sequencing (NGS) Global Market – Forecast To 2022”Vinay Shiva Prasad
Next Generation Sequencing (NGS) has revolutionized the way the human genomes are being sequenced now a days. The time and cost to sequence has tremendously reduced . In the last five years, the sequencing cost has rapidly reduced and this is supposed to have a huge impact on the NGS market in the coming years.
DNA microarrays are used to analyze gene expression levels or genotype multiple regions of DNA simultaneously. They apply the approach to drug research, clinical diagnosis, agriculture, and other sectors. However, the high costs and limited awareness of arrays hamper market growth. The report provides an in-depth analysis of the global array market, including market segmentation by type, end user, region, and key companies in the industry.
The global bio-MEMS market is expected to grow significantly between 2016 and 2024 due to increasing demand for artificial organs and diagnostics. Bio-MEMS use microfabrication techniques to create miniature medical devices, fueling a market worth $3.8 billion by 2024. North America currently dominates the market due to strong healthcare systems and adoption of advanced treatments. Key players include Becton Dickinson, Abbott Laboratories, and Boston Scientific.
Mariana Mazzucato: The (Green) Entrepreneurial StateSTEPS Centre
Mariana Mazzucato, Reginald M. Phillips Professor in the Economics of Innovation in the Science and Technology Policy Research centre (SPRU), at the University of Sussex, gave this public lecture as part of the STEPS Centre Summer School on 12 May 2014. FInd out more: http://steps-centre.org/2014/blog/summerschool2014/
Global Perspectives on Pharmaceutical Anti-CounterfeitingMark Davison
A presentation given at a recent conference in the USA. It looks at the global issues involved in pharmaceutical anti-counterfeiting, pointing out the problems involved in scaling up what is proposed in USA and Europe into a global drug tracking system.
Viral Vector and Plasmid DNA Manufacturing Market Insights, 2019 to 2025Signitech
The global viral vector and plasmid DNA manufacturing market size was valued at USD 270.2 million in 2017.It is anticipated to witness a CAGR of about 16.0% during the forecast period.
This document discusses how mathematics and technology can be used to financially empower the emerging middle class in developing markets. It notes that there is a large and growing middle class market of over 1.8 billion people with limited access to traditional credit. New technologies like mobile phones, social media, analytics and cloud computing can be leveraged to help address this need through alternative data and social verification. The company Lenddo is highlighted as working in this area through products that use machine learning and big data to assess creditworthiness based on social network data and provide lending scores to expand access to credit for this underserved market segment.
This document discusses strategies to help micro and small enterprises (MSEs) affected by HIV/AIDS remain active participants in productive markets. It first provides background on the importance of MSEs in developing economies and how the HIV/AIDS epidemic impacts MSEs. It then identifies four main constraints HIV/AIDS places on MSEs' ability to participate in value chains: limited resources, high transaction costs, increased risks, and lack of market orientation. The document proposes six approaches to address these constraints, including financial services, legal assistance, workplace policies, labor-saving technologies, inter-firm cooperation, and vertical linkages. It argues these strategies can help mitigate the economic impact of the epidemic and prevent MSEs from falling out of markets.
Telemedicine Market by Product Type, Distribution Channel, End User 2023-2028IMARC Group
The global telemedicine market size reached US$ 59.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 218.0 Billion by 2028, exhibiting a growth rate (CAGR) of 21.9% during 2023-2028.
More Info:- https://www.imarcgroup.com/telemedicine-market
Live Cell Imaging Market PPT: Overview, Dynamics, Trends, Segmentation, Appli...IMARC Group
The global live cell imaging market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
More Info:- https://www.imarcgroup.com/live-cell-imaging-market
Telemedicine Market size was valued at USD 24.9 billion in 2016 and is anticipated to reach USD 113.1 billion by 2025, with a CAGR of 18.3%. Global telemedicine demand is expected to show a steady growth on account of increasing focus on emergency healthcare services
Genome Editing Market Analysis By Technology (CRISPR, TALEN, ZFN), By Delivery Method (Ex-vivo, In-vivo), By Application (Animal/Plant Cell Editing), By Service (In-house, Outsourced), By End-use And Segment Forecasts, 2018 - 2025
Minimally Invasive Surgery Market overview 2013 - 2019Richard Smith
The global minimally invasive surgery (MIS) market from three perspectives, namely, types of devices used in performing these surgeries, various types of surgeries performed and the major geographic markets. The global market for MIS has been segmented into three main categories of devices that include surgical devices, monitoring and visualization devices, and endoscopy devices. Surgical devices are further classified as ablation devices, electrosurgical devices, and medical robotic systems. Similarly, the monitoring and visualization devices market has also been segmented into MRI equipment, CT scanners, X-ray devices, ultrasound equipment and other (PET and SPECT scanners, and combination devices such as PET/CT, PET/MRI, SPECT/CT, and SPECT/MRI).
Telemedicine Market Growth, Demand and Challenges of the Key Industry Players...IMARC Group
The global telemedicine market size reached US$ 74.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 465.3 Billion by 2032, exhibiting a growth rate (CAGR) of 22.9% during 2024-2032.
More Info:- https://www.imarcgroup.com/telemedicine-market
This document discusses initiatives in Ontario to strengthen its medical technology sector and transition from being a "backwater" to a leader. It outlines several gaps including in procurement, the healthcare system, markets, and policies that have hindered innovation. Recent improvements are noted in ecosystem collaboration through initiatives like the Centre for Imaging Technology Commercialization, Ontario Brain Institute, and EXCITE program for evidence development to support disruptive technologies. The document advocates for continued focus on commercialization and controlled diffusion of innovative technologies to bend the healthcare cost curve.
Presentation given to health-care management class discussing how military research impacts medical innovations eventually benefiting the civilian population
The document discusses the growth of telemedicine and its potential to revolutionize healthcare delivery. Telemedicine uses technology to allow medical professionals to diagnose and consult with patients remotely, increasing access to care. Several examples are provided of telemedicine applications like teledermatology that have reduced costs and wait times while improving health outcomes.
Stem Cell Manufacturing Market PPT: Overview, Dynamics, Trends, Segmentation,...IMARC Group
The global stem cell manufacturing market size reached US$ 13.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
More Info:- https://www.imarcgroup.com/stem-cell-manufacturing-market
The document discusses the current state and expected growth trends of the in vitro diagnostics (IVD) market. It notes that the global IVD market was estimated at $54.2 billion in 2013 and is expected to grow 4% annually to $64.3 billion by 2018. Technological advances in areas like genomics, bioinformatics, and miniaturization have transformed diagnostic laboratory technology in recent years. Personalized medicine, infectious disease testing, and other applications are driving growth in the IVD market. However, economic instability, rising healthcare costs, and reimbursement changes pose challenges for the industry.
Jason Witty, SVP & CISO at US Bank - Next eneration information security meet...Global Business Events
Jason Witty is the SVP and Chief Information Security Officer of U.S. Bancorp. The document discusses the expanding internet over the past 15 years and compares it to a highway system that has grown enormously. It then discusses digital currency and financial markets. Key trends in technology like mobile, social media, and cloud computing are examined. Cybersecurity threats from different groups like hackers, nation-states, and organized crime are outlined. The document advocates for an intelligence-driven cybersecurity strategy and comprehensive approach. It also discusses managing risks associated with cloud computing.
President and chief investment officer, Robert Lutts, of Cabot Wealth Management presents a luncheon keynote where he discusses a bull market, four signs of trouble ahead, and Cabot's top three investment themes.
DNA microarrays are used to analyze gene expression levels or genotype multiple regions of DNA simultaneously. They apply the approach to drug research, clinical diagnosis, agriculture, and other sectors. However, the high costs and limited awareness of arrays hamper market growth. The report provides an in-depth analysis of the global array market, including market segmentation by type, end user, region, and key companies in the industry.
The global bio-MEMS market is expected to grow significantly between 2016 and 2024 due to increasing demand for artificial organs and diagnostics. Bio-MEMS use microfabrication techniques to create miniature medical devices, fueling a market worth $3.8 billion by 2024. North America currently dominates the market due to strong healthcare systems and adoption of advanced treatments. Key players include Becton Dickinson, Abbott Laboratories, and Boston Scientific.
Mariana Mazzucato: The (Green) Entrepreneurial StateSTEPS Centre
Mariana Mazzucato, Reginald M. Phillips Professor in the Economics of Innovation in the Science and Technology Policy Research centre (SPRU), at the University of Sussex, gave this public lecture as part of the STEPS Centre Summer School on 12 May 2014. FInd out more: http://steps-centre.org/2014/blog/summerschool2014/
Global Perspectives on Pharmaceutical Anti-CounterfeitingMark Davison
A presentation given at a recent conference in the USA. It looks at the global issues involved in pharmaceutical anti-counterfeiting, pointing out the problems involved in scaling up what is proposed in USA and Europe into a global drug tracking system.
Viral Vector and Plasmid DNA Manufacturing Market Insights, 2019 to 2025Signitech
The global viral vector and plasmid DNA manufacturing market size was valued at USD 270.2 million in 2017.It is anticipated to witness a CAGR of about 16.0% during the forecast period.
This document discusses how mathematics and technology can be used to financially empower the emerging middle class in developing markets. It notes that there is a large and growing middle class market of over 1.8 billion people with limited access to traditional credit. New technologies like mobile phones, social media, analytics and cloud computing can be leveraged to help address this need through alternative data and social verification. The company Lenddo is highlighted as working in this area through products that use machine learning and big data to assess creditworthiness based on social network data and provide lending scores to expand access to credit for this underserved market segment.
This document discusses strategies to help micro and small enterprises (MSEs) affected by HIV/AIDS remain active participants in productive markets. It first provides background on the importance of MSEs in developing economies and how the HIV/AIDS epidemic impacts MSEs. It then identifies four main constraints HIV/AIDS places on MSEs' ability to participate in value chains: limited resources, high transaction costs, increased risks, and lack of market orientation. The document proposes six approaches to address these constraints, including financial services, legal assistance, workplace policies, labor-saving technologies, inter-firm cooperation, and vertical linkages. It argues these strategies can help mitigate the economic impact of the epidemic and prevent MSEs from falling out of markets.
Telemedicine Market by Product Type, Distribution Channel, End User 2023-2028IMARC Group
The global telemedicine market size reached US$ 59.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 218.0 Billion by 2028, exhibiting a growth rate (CAGR) of 21.9% during 2023-2028.
More Info:- https://www.imarcgroup.com/telemedicine-market
Live Cell Imaging Market PPT: Overview, Dynamics, Trends, Segmentation, Appli...IMARC Group
The global live cell imaging market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
More Info:- https://www.imarcgroup.com/live-cell-imaging-market
Telemedicine Market size was valued at USD 24.9 billion in 2016 and is anticipated to reach USD 113.1 billion by 2025, with a CAGR of 18.3%. Global telemedicine demand is expected to show a steady growth on account of increasing focus on emergency healthcare services
Genome Editing Market Analysis By Technology (CRISPR, TALEN, ZFN), By Delivery Method (Ex-vivo, In-vivo), By Application (Animal/Plant Cell Editing), By Service (In-house, Outsourced), By End-use And Segment Forecasts, 2018 - 2025
Minimally Invasive Surgery Market overview 2013 - 2019Richard Smith
The global minimally invasive surgery (MIS) market from three perspectives, namely, types of devices used in performing these surgeries, various types of surgeries performed and the major geographic markets. The global market for MIS has been segmented into three main categories of devices that include surgical devices, monitoring and visualization devices, and endoscopy devices. Surgical devices are further classified as ablation devices, electrosurgical devices, and medical robotic systems. Similarly, the monitoring and visualization devices market has also been segmented into MRI equipment, CT scanners, X-ray devices, ultrasound equipment and other (PET and SPECT scanners, and combination devices such as PET/CT, PET/MRI, SPECT/CT, and SPECT/MRI).
Telemedicine Market Growth, Demand and Challenges of the Key Industry Players...IMARC Group
The global telemedicine market size reached US$ 74.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 465.3 Billion by 2032, exhibiting a growth rate (CAGR) of 22.9% during 2024-2032.
More Info:- https://www.imarcgroup.com/telemedicine-market
This document discusses initiatives in Ontario to strengthen its medical technology sector and transition from being a "backwater" to a leader. It outlines several gaps including in procurement, the healthcare system, markets, and policies that have hindered innovation. Recent improvements are noted in ecosystem collaboration through initiatives like the Centre for Imaging Technology Commercialization, Ontario Brain Institute, and EXCITE program for evidence development to support disruptive technologies. The document advocates for continued focus on commercialization and controlled diffusion of innovative technologies to bend the healthcare cost curve.
Presentation given to health-care management class discussing how military research impacts medical innovations eventually benefiting the civilian population
The document discusses the growth of telemedicine and its potential to revolutionize healthcare delivery. Telemedicine uses technology to allow medical professionals to diagnose and consult with patients remotely, increasing access to care. Several examples are provided of telemedicine applications like teledermatology that have reduced costs and wait times while improving health outcomes.
Stem Cell Manufacturing Market PPT: Overview, Dynamics, Trends, Segmentation,...IMARC Group
The global stem cell manufacturing market size reached US$ 13.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
More Info:- https://www.imarcgroup.com/stem-cell-manufacturing-market
The document discusses the current state and expected growth trends of the in vitro diagnostics (IVD) market. It notes that the global IVD market was estimated at $54.2 billion in 2013 and is expected to grow 4% annually to $64.3 billion by 2018. Technological advances in areas like genomics, bioinformatics, and miniaturization have transformed diagnostic laboratory technology in recent years. Personalized medicine, infectious disease testing, and other applications are driving growth in the IVD market. However, economic instability, rising healthcare costs, and reimbursement changes pose challenges for the industry.
Jason Witty, SVP & CISO at US Bank - Next eneration information security meet...Global Business Events
Jason Witty is the SVP and Chief Information Security Officer of U.S. Bancorp. The document discusses the expanding internet over the past 15 years and compares it to a highway system that has grown enormously. It then discusses digital currency and financial markets. Key trends in technology like mobile, social media, and cloud computing are examined. Cybersecurity threats from different groups like hackers, nation-states, and organized crime are outlined. The document advocates for an intelligence-driven cybersecurity strategy and comprehensive approach. It also discusses managing risks associated with cloud computing.
Similar to Cabot Wealth Management's Roadmap to Retirement (20)
President and chief investment officer, Robert Lutts, of Cabot Wealth Management presents a luncheon keynote where he discusses a bull market, four signs of trouble ahead, and Cabot's top three investment themes.
This document provides a summary of the 25th annual investment conference hosted by Cabot's. The conference will feature presentations on curing cancer through genomics and biotechnology, opportunities in cloud computing, and emerging frontier markets. Dennis Wassung will discuss how genomics and advances in DNA sequencing are revolutionizing healthcare and enabling personalized medicine. Craig Goryl will cover investment opportunities in developing frontier markets in countries like Nigeria and Kuwait that offer attractive growth potential.
Cabot Money Management's fixed-income portfolio manager, William Larkin, discusses navigating the complexities of the low-yielding bond market.
Disclosure: These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.
Keynote presentation given by president and chief investment officer, Rob Lutts, of Cabot Money Management at annual conference and luncheon. Rob discusses a changing world and how investors must adapt to this environment.
Disclosure: These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.
This presentation was given at our annual investment conference and highlights global opportunities in the emerging markets. Presenters discuss investment opportunities in China and India, emerging markets financial services and China's healthcare. Presented by Cabot's portfolio management team: Rob Lutts, Les Satlow and Dennis Wassung, Jr. respectively.
These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.
This is an overview of Cabot Money Management's Year-in-Review presentation given by portfolio manager, Les Satlow, at our Annual Investment Conference and Luncheon on Friday, September 24, 2010. (Salem, MA)
These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Economic Risk Factor Update: June 2024 [SlideShare]
Cabot Wealth Management's Roadmap to Retirement
1. WELCOME TO CABOT’S
25TH ANNUAL INVESTMENT & WEALTH MANAGEMENT CONFERENCE
Your interests and goals always come first.
2. Curing Cancer,
In The Clouds
& The Final Frontier
PRESENTED BY:
DENNIS WASSUNG, CFA®, PORTFOLIO MANAGER
CRAIG GORYL, CFA®, PORTFOLIO MANAGER
3. Curing Cancer
Genomics & Biotechnology
Dennis Wassung, CFA®
Portfolio Manager
Cabot Wealth Management, Inc.
216 Essex Street
Salem, Massachusetts 01970
800-888-6468
eCabot.com
4. Genomics
What is it?
Genomics – The study of organisms’ hereditary information. An
organism’s genome is its complete set of DNA.
DNA – The chemical compound containing instructions for developing
and directing all the body’s activities. An identical copy is in each cell.
DNA Sequencing – The process of determining the exact order of the
chemical bases that make up DNA, about 6.2 billion in total for a human.
The map of a person’s DNA can tell us a lot about them, from their
eye color to their likelihood of developing cancer. Scientists
understand parts of the map, but most of it is still a mystery.
5. Genomics
Why is this important?
Predictive Medicine – Based on my DNA, what are my chances of
developing a particular disease?
Testing & Diagnostics – What disease is this? Is it an aggressive form in
need of treatment, or is it better to wait?
Therapeutics – What causes this disease, and what drugs will cure it?
At the heart of genomics is the promise of personalized medicine. Because
of differences in DNA, treatments do not work the same for everyone.
Someday our current practice - prescribing the same drug for everyone who
has a given disease - will seem archaic. This is truly a revolution in
healthcare.
13. Investment Opportunities
Gene Sequencing – Equipment & Technology
solutions to rapidly and cost-effectively sequence
DNA
Biotechnology – New Drug Development &
Commercialization, Genetically-targeted drugs
Testing & Diagnostics – Testing for & diagnosing
specific genetically defined diseases and condition.
Bioinformatics & Data Analytics – Analyzing the
massive amounts of data created and gleaning critical
information from gene sequencing
20. Investment Opportunities
Cloud Software (aka “Software-as-a-Service” or SaaS) –
Enterprise Software “lease” business model gaining wide
adoption – CRM, Marketing, HCM, ERP – Lots of attention
from the Big Guys (Acquisitions)
Cloud Infrastructure – Internet and data center infrastructure
needed to enable the “Cloud” in all of its forms
Industry Cloud Software Applications – Companies are
developing and gaining traction with industry-specific cloud
platforms – life sciences, financial services, eCommerce, etc.
Cybersecurity technology – Software and hardware solutions
to protect consumers and companies, whose personal or
business data reside in the cloud
21. Frontier Markets-
Next to
Emerge
CRAIG GORYL, CFA
PORTFOLIO MANAGER
CABOT WEALTH MANAGEMENT
22. What are Frontier Markets?
Frontier Markets are less developed than Emerging Markets. We
view the investment universe in classes.
In order of market maturity (with examples):
1. United States*
2. Developed Markets (Germany, Canada, Japan)
3. Emerging Markets (Brazil, China, Russia, Mexico)
4. Frontier Markets (Kuwait, Nigeria, Argentina, Pakistan)
In terms of development, Frontier Markets are like Emerging
Markets 20 years ago. But they are catching up at a faster rate.
*US is a Developed Market- a special case as our home country and the most advanced
24. What are Frontier Markets?
Frontier markets hold 35% of the world’s population, produce 16%
of its economic output, and represent 4% of global market value
Source: Everest Capital
25. Why Frontier Markets?
1) ATTRACTIVE DEMOGRAPHICS
Growing working age population,
the prime time for fertility and
economic productivity
30
20
10
0
% of Pop. Over 65 today
Kuwait Nigeria US Japan
20
10
0
-10
% Growth of Working Age Pop,
2015-2020
Kuwait Nigeria US Japan
Low “elderly dependency ratio,”
the resource transfer from
young to old
26. Why Frontier Markets?
2) “LEAPFROGGING”
Skipping generations of
technologies saves time,
money and resources.
Examples: photography,
M-Pesa
Access to modern
political and economic
theory through an
increasingly global
education system
% of Mobile Phone Users Regularly Making or
Receiving Payments on their Phone
68%
50%
29%
24%
13%
11%
Source: Franklin Templeton
27. Why Frontier Markets?
3) RESOURCE RICH
Frontier markets contain about
40% of the world’s natural
resource reserves and nearly
26% of gas reserves
They have an opportunity to
avoid the “resource curse,”
where corruption and inequality
follow abundant natural
resources (Russia, Mexico,
South Africa)
Source: Everest Capital
28. Why Frontier Markets?
4) GROWING FAST 5)REASONABLY PRICED 6) GOOD QUALITY
Growth: Valuation: Quality:
Est. Sales
Est. EPS
Return
Growth
Growth
Price/
Est. Price/
Price/
Dividend
on
Rate '13-15
Rate '13-16
Earnings
Earnings
Book
Yield
Equity
Operating
Profit
Margin
Debt/
Equity
Debt/
Assets
United States 5% 12% 18.1 16.8 2.7 1.9% 15.0 14.0 104.8 23.9
Developed Int'l 2% 15% 17.6 15.1 1.6 3.3% 10.6 9.6 180.6 24.5
Emerging Mkts 4% 8% 13.4 12.2 1.5 2.7% 10.9 10.9 109.3 22.4
Frontier 28% 25% 12.0 11.2 1.8 3.7% 15.4 18.7 88.3 16.7
Green represents the most attractive metric. Red is least attractive.
Data: Bloomberg 9/19/14
29. Risky? Less Than You Think
LOW DEPENDENCE ON
FOREIGN CAPITAL
Frontier economies are self-sustaining.
Infrastructure
investment is fed by citizen
savings, not hot foreign money.
LOW CORRELATION TO
OTHER MARKETS
These markets and economies
respond to military coups,
typhoons, oil discoveries etc.,
not broad global macro events.
Each country has idiosyncratic
drivers.
Single country volatility is high,
but low correlations mean lower
collective volatility- see the
chart.
Source: Wall Street Journal
30. Other Risks?
BALANCE
The main benchmark (MSCI
Frontier Markets Index) is not
well balanced.
Kuwait and Nigeria comprise
almost half the index. Banks
and other financial companies
dominate.
Solution: Frontier markets
should be part of a diversified
portfolio
LIQUIDITY
Market access, company size,
and share availability are
barriers.
Most Frontier companies trade
less than $3mil in value per day,
raising the cost of entry and
exit.
Solution: US-traded funds like
FM & TFMAX are liquid but don’t
solve the underlying issue
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Editor's Notes
Apologies for getting statistical.
Assuming not everyone can see these numbers, I color coded the boxes on a scale - green is the best score, Red is the worst, yellow and orange are in between.
Frontier markets are the fastest growing and cheapest of the four asset classes I outlined at the beginning.
Quality measures: The first two are measures of profitability- Frontier companies are the most profitable. The last two columns measure debt, the frontiers have the lowest debt ratios.
16% of global economic activity but only 4% of market value. Frontiers have funded themselves, isolating them from global cycles.
Unlike Brazil and India, they don’t sweat the next Janet Yellen press conference.
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Note this is not a chart of performance- the vertical axis is VOLATILITY. Despite the presence of Qatar, Ukraine, Bangladesh, Pakistan, the index of Frontier markets has been consistently LESS volatile than emerging markets. Lately even less volatile than developed markets!