Latest news with #JamesTobin
Irish Independent
16-05-2025
- Entertainment
- Irish Independent
Episode of leading Australian TV travel show being filmed in Sligo
Set to air this summer on the Seven Network, a major TV network in Australia, the special Ireland episode will showcase Sligo's outdoor experiences, breathtaking landscapes and warm hospitality to an audience of around 1 million viewers across Australia. Called The Great Outdoors the show's production in Sligo is supported by Tourism Ireland and Fáilte Ireland. The TV crew – including Australian TV presenter James Tobin – has been filming at numerous locations such as Sligo Oyster Experience, Coney Island, Strandhill, Gleniff Horseshoe, VOYA Seaweed Baths and Atlantic Sheepdogs. Sofia Hansson, Tourism Ireland's Manager for Australia and New Zealand, said: 'Tourism Ireland was delighted to invite Australian TV presenter James Tobin and The Great Outdoors crew to come and film on our beautiful island. It's a wonderful opportunity to highlight our fantastic outdoor activities and spectacular scenery to around 1 million Australians, inspiring them to come and experience the destination for themselves.'
Yahoo
15-05-2025
- Business
- Yahoo
Yale University's Strategic Exit from Allurion Technologies Inc: A 13F Filing Insight
Yale University (Trades, Portfolio) recently submitted its 13F filing for the first quarter of 2025, offering a glimpse into its strategic investment decisions during this period. The Yale Investment Office is dedicated to achieving high inflation-adjusted returns to support the university's current and future needs. Their approach involves establishing a risk-adjusted asset allocation and forming long-term partnerships with managers who provide deep analytical insights and enhance the operations of both public and private businesses. Yale's portfolio is crafted using a blend of academic theory and market judgment, with a theoretical framework based on mean-variance analysis, a method developed by Nobel laureates James Tobin and Harry Markowitz at Yales Cowles Foundation. The Investments Office, under the guidance of Yale's Investment Committee, manages the university's Endowment, which comprises thousands of funds with various purposes and restrictions. Approximately three-quarters of the Endowment is true endowment, while the remaining quarter is quasi-endowment, invested and treated as endowment by the Yale Corporation. Yale University (Trades, Portfolio) completely exited one holding in the first quarter of 2025, as detailed below: Allurion Technologies Inc (NYSE:ALUR): Yale University (Trades, Portfolio) sold all 490 shares, resulting in a -0.65% impact on the portfolio. As of the first quarter of 2025, Yale University (Trades, Portfolio)'s portfolio included two stocks. The top holdings were 98.1% in iShares Core S&P Total U.S. Stock Market ETF (ITOT) and 1.9% in Ring Energy Inc (REI). The holdings are primarily concentrated in one of the 11 industries: Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-03-2025
- Business
- Yahoo
Don't do anything about your 401(k) until Tuesday
If you're wondering what to do about your retirement portfolio amid all this craziness and turmoil, try waiting until this coming Tuesday. That's when we're due to get the latest news on what the world's top fund managers have been doing with our money during the last month of turmoil. My stepmother inherited 100% of my father's estate. She's leaving everything to her two kids. Is that fair? 'In their last days, our parents changed their will': They left me $250,000, but gave my sister $1 million. What should I do? Apple now faces a problem far bigger than tariffs or weak iPhone sales My husband has dementia and will need care. Will Medicaid go after my money if I use it to pay off our mortgage? 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal? If they've completely bailed on stocks — buy! But if they haven't, you might want to think twice. Or even three times. It hasn't even been a month since fund managers told BofA Securities that they were eagerly buying U.S. stocks with both hands, even though they also said the market was wildly overvalued. As this column pointed out at the time, this was obviously insane. Since then, the Dow Jones Industrial Average DJIA has fallen nearly 4,000 points. The S&P 500 SPX has fallen 8%, even including the latest bounce, while the Nasdaq Composite COMP and the Russell 2000 small-cap index RUT have fallen just over 10%. The so-called Magnificent Seven MAGS group of tech stocks — Apple AAPL, Amazon AMZN, Alphabet GOOG, Meta META, Nvidia NVDA, Microsoft MSFT and Tesla TSLA — has fallen nearly 15%. Someone who responded to the survey by betting against the fund managers and purchasing the Direxion Daily S&P 500 Bear 3X Shares exchange-traded fund SPXS would have made 30% in a few weeks. Booyah! The fund managers' survey is a powerful magnetic south, or contrarian indicator. When these fund managers are overinvested in stocks, it is generally a bearish signal — and vice versa. The fund managers' survey is the basis for this column's regular 'Pariah Capital' feature, where we highlight the assets that the big-money investors don't want and don't own. These often prove to be terrific investments. If the next survey shows that fund managers have turned cautious, this offers at least some room for the market to find a floor, even if temporarily. Once the big money has already sold its stocks, it has less room to bail further. None of this, though, necessarily addresses the longer-term issue. The S&P 500 index of U.S. stocks currently sells for 20 times the forecast per-share earnings of the next 12 months. Or, to put it another way, for every $100 you invest in the index, you can expect $5 in after-tax earnings over the next 12 months, a 5% yield. By various other measures, such as those followed by Nobel Prize-winning economist Robert Shiller, the late Nobel laureate James Tobin or legendary stock-market investor Warren Buffett, U.S. stock prices are very expensive compared with history. Doubtless this is explained by the current completely calm and normal situation. International markets, such as those tracked by the Europe, Australasia and Far East index, are cheaper. Currently the EAFE index sells for an average of 14 times forecast earnings, equal to a 7% earnings yield. Meanwhile the situation looks more interesting among bonds. President Donald Trump and Treasury Secretary Scott Bessent have both made dismissive comments recently about the importance of the turmoil on the stock market. But they aren't taking a similar view of the bond market. And they couldn't, even if they wanted to. MAGA conservatives are all acutely aware of what happened to Liz Truss, the U.K.'s MAGA-adjacent prime minister, during her turbulent seven-week administration in 2022. Truss's government speedily collapsed after it lost control of the bond market, sending prices plummeting and long-term rates skyrocketing. Even though Truss quickly resigned, her political party was eviscerated in the elections two years later. When it comes to the bond market, we are all James Carville now. Trump and Bessent need 10-year U.S. Treasury bond yields BX: TMUBMUSD10Y to come down. That long-term figure is the key interest rate for the entire economy, driving the borrowing rate for corporations and homeowners as well as the federal government. A fall in long-term interest rates will bring down the rates on fixed-rate 30-year mortgages, which may unlock the frozen housing market. It may stimulate domestic economic production and activity. It will mean the U.S. government can service its long-term debts more easily. Oh, and when U.S. rates come down, that should weaken the dollar, which helps boost economic production and exports and hurts imports. Cutting imports is a key component of Trump's avowed economic agenda and helps explain his moves to impose tariffs. It cannot be a positive sign for the administration, therefore, that bond yields have stopped falling in recent days and started rising again. The rate on the 10-year is up to 4.32%, compared with 4.15% earlier this month. Bonds are like seesaws: If the yield falls, the price rises. So if the administration needs that rate at 4% or below to make Treasury bonds a buy, not a sell. Meanwhile — wait until Tuesday. 'This woman destroyed my heart and soul': After my wife died, her mother turned on me — and presented me with a secret will As stocks stumble, investors should take a lesson from the Cuban Missile Crisis, says this bull 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell — or buy? Are we now in a stock-market correction, pullback or bear market? Here are 6 charts to watch. 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). Sign in to access your portfolio
