[Post 642] Why This Sign Is in Front of Banks | WSJ

Summary The Federal Deposit Insurance Corporation was created from the Banking Act of 1933 to prevent the bank runs seen during the Great Depression. With Silicon Valley and Signature Banks, the FDIC is doing what it was designed to do—cover insured...

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Mar 24, 2023
Are Modern ILPs Worth Your Time?

Traditional ILPs were used to be popular in an era where consumers flocked to hybrid policies that provided both insurance protection and investment returns. However, the cost also meant that customers saw their premiums increasingly get eroded by in...

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Mar 24, 2023
Thoughts on Kingsoft’s Current Valuation

Kingsoft just released their 4th quarter. Revenue up 20% yoy, Op profit up 37% yoy. Proposed final dividend of HK$0.13 compared to HK$0.12 last year. Price to fcf should be similar to last year, ard 17-18x assuming capex is similar to last year(not d...

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Mar 24, 2023