Stonks
What is the most valuable equity in the world by market cap?
What is Apple
This DJ-turned-CEO dropped beats before taking the top seat at Goldman Sachs.
Who is David Solomon?
The annual interest rate paid on a bond’s face value, usually expressed as a percentage.
What is coupon?
In 2023, this financial institution collapse failed in a matter of days, sparking the biggest US bank failure since 2008?
Silicon Valley Bank
A bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields.
This financial metric, calculated by dividing net income by the weighted average number of shares outstanding, indicates a company’s profitability on a per-share basis.
What is earnings per share?
This economist, known for coining the term “bond vigilantes,” once served as Chief Investment Strategist at Prudential.
Who is Ed Yardeni?
The ______ is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. It’s a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR
This crypto platform’s 2022 collapse, tied to alleged fraud by Sam Bankman-Fried, sent shockwaves through the digital asset world.
What is FTX?
The arbitrage mechanism that ensures the ETF’s market price equals NAV is ________
What is creation/redemption?
If a company has EPS of $2 and a P/E ratio of 10x what is the share price?
What is $20
He managed the Magellan Fund at Fidelity with a legendary run, favoring “invest in what you know.”
Who is Peter Lynch?
The U.K. equivalent of bonds are called _____
What are gilts?
This currency speculator “broke the Bank of England” in 1992 by shorting the British pound on Black Wednesday.
Who is George Soros?
A 1985 agreement among the G-5 (U.S., France, Germany, Japan, and the U.K.) to devalue the U.S. dollar in relation to other major currencies.
What is Plaza Accord?
What is the formula for enterprise value?
What is equity value + debt - cash + preferred stock + minority interest
This memo-writing cofounder of Oaktree Capital is known for his deep dives on market cycles and risk.
Who is Howard Marks?
The additional yield investors require for holding longer-term bonds compared to shorter-term bonds is the __________
What is the term premium?
This infamous stock market bubble in 1720 saw the ___ company fail when it tried to replicate the success of the Dutch East India Company.
What is the South Sea?
During the Eurozone debt crisis, this was the only country to receive multiple bailouts.
What is Greece?
What is the CAPM formula?
What is the risk-free rate + Beta * (Expected market return - Risk-free rate)
Once dubbed the “Junk Bond King,” this financier’s 1980s high-yield empire came crashing down amid scandal.
Who is Michael Milken?
Name 2 types of credit spreads.
What is Z-spread, swap spread, OAS, I-spread, G-spread, Nominal Spread, Asset-Swap Spread, CDS spread, discount margin?
A period of extreme speculation and inflated prices for flower bulbs in 17th-century Holland, particularly during the Dutch Golden Age.
What is Tulip Mania?
Name 2 countries that have utilized negative interest rates.
What is Sweden, Denmark, Japan, Switzerland?