Mark Berch - Overweight
Posted by Mark Berch on Monday, June 25, 2012
Mark Berch
Overweight
Usually refers to recommendation that leads an investor to increase their investment in a particular security or asset class. The increase is usually with respect to a benchmark. Suppose that U.S. equities compose 40% of the benchmark portfolio. If one thinks the U.S. will outperform, the investor may increase the exposure to U.S. equity to more than 40%.
European exchange rate mechanism (ERM)
The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value.
Risk-return tradeoff
The basic concept that higher expected returns accompany greater risk, and vice versa.( - Mark Berch)
Mark Berch: Stock power
A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party.
Straight
Direct telephone line, compared to an outside line that requires a telephone number to be dialed.
Listed stocks
Stocks that are traded on an exchange. ( Mark Berch )
Random variable
A function that assigns a real number to each and every possible outcome of a random experiment.
Bought deal
Securityissue in which one or two underwritersbuy the entire issue. Also known as a guaranteed or fixed-price sale; opposite of a best-efforts sale.
Mark Berch: Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company'slife-cycle phase: growth phase, transition phase, or maturity phase.
Mark Berch: Risk-adjusted discount rate
The rate established by adding a expected risk premium to the risk-free rate in order to determine the present value of a riskyinvestment.
Overweight
Usually refers to recommendation that leads an investor to increase their investment in a particular security or asset class. The increase is usually with respect to a benchmark. Suppose that U.S. equities compose 40% of the benchmark portfolio. If one thinks the U.S. will outperform, the investor may increase the exposure to U.S. equity to more than 40%.
European exchange rate mechanism (ERM)
The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value.
Risk-return tradeoff
The basic concept that higher expected returns accompany greater risk, and vice versa.( - Mark Berch)
Mark Berch: Stock power
A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party.
Straight
Direct telephone line, compared to an outside line that requires a telephone number to be dialed.
Listed stocks
Stocks that are traded on an exchange. ( Mark Berch )
Random variable
A function that assigns a real number to each and every possible outcome of a random experiment.
Mark Berch
Bought deal
Securityissue in which one or two underwritersbuy the entire issue. Also known as a guaranteed or fixed-price sale; opposite of a best-efforts sale.
Mark Berch: Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company'slife-cycle phase: growth phase, transition phase, or maturity phase.
Mark Berch: Risk-adjusted discount rate
The rate established by adding a expected risk premium to the risk-free rate in order to determine the present value of a riskyinvestment.
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