Joel Shulman on Varney & Co. (FOX Business News) 4.17.19 Discussing Various Stocks and China Market.
Babson College Professor Dr. Joel Shulman discusses Qualcomm, IBM, AMZN, the growth in China and the Martha Stewart brand. He notes that China has been the leader in Global markets and mentioned how his firm was fortunate to have been an early adopter of Amazon stock.
Joel Shulman Appears on Fox Business News Varney & Co. (4.8.19) Discussing Pinterest and Q1 Earnings
Babson College Professor Dr. Joel Shulman discusses first-quarter earnings announcements and the upcoming IPO of Pinterest. He notes that the IPO market is red hot now and that the company is coming to market at a multiple of 15x revenues. Pinterest has nearly doubled revenues in the past year (from $450m to $750m) though is still losing money. Losses dropped from $150m to $60m and margins are improving.
Joel Shulman Appears on Fox Business News Varney & Co. (4.3.19) Discussing Market Updates
Babson College Professor Dr. Joel Shulman discusses market updates on the China deal, as well as announcements regarding GameStop, Blue Apron, and Tesla. He notes that GameStop and Blue Apron have strongly deteriorating margins, while Tesla is dropping SGA cost percentages. He also provides a brief commentary on a proposed change regarding capital gains.
Joel Shulman on Fox Business Varney & Co. (3.28.19) Discussing the Inverted Yield Curve in the Market.
Professor Dr. Joel Shulman discusses the market as it currently stands with an inverted yield curve, litigation effects on Bayer as well as the valuation and IPO of Lyft. He contrasts the potential $20B market cap of Lyft with the $56B market cap of GM and notes that the first company has $2B revenue/$.9B in losses whereas GM has $133B in revenue with $8B in profits. He reminds viewers that Facebook IPO came out in $40s and then dropped to low $20s for much of the first year. He suggests that this Entrepreneurial company might be a better value in 6 to 12 months.
Joel Shulman on Fox Business News Varney & Co. (3.14.19) Discussing Performance of Several Companies
Dr. Joel Shulman discusses issues related to Boeing, Facebook, and J&J. He notes that Boeing shareholders still have plenty of downside risk given the significance of the 737 Max planes to the company (80% of $400 B future orders), increasing profitability (margins have improved 40% in past few years) and likely litigation and lost sales. He conceded that Facebook, while vulnerable to criticism, has handled it well and is now returning approximately 40% since Christmas 2018. He adds that it has been a key contributor to the Entrepreneur ETF (ENTR) generating about double the Dow on YTD performance (20% vs 10%).
Joel Shulman on CNBC Worldwide Exchange (3.8.19) Discussing 10 year anniversary of 08-09 Recession.
Babson College Professor Dr. Joel Shulman discusses the 10-year anniversary of the bottom of the 2008-2009 recession and offers commentary regarding market direction and composition since that time. He also provides a comparison between stocks in the Dow vs an Index of Entrepreneurial stocks.
Joel Shulman on Fox Business News Varney & Co. (3.7.19) Discussing China Deal and Facebook.
Dr. Joel Shulman discusses the significance of the China deal, with an expectation that the announcement could move the markets 5-10% within a two week period. He also discusses news announcements regarding Facebook (still entrepreneurial) and other US large cap stocks.
Joel Shulman on Fox Business News Varney & Co. (2.28) Regarding Negative News on China & the Market
Babson College Professor Dr. Joel Shulman discusses recent market movements, GDP growth, and notes a word of caution regarding the recent market run-up and potential exposure to negative news on China.
Joel Shulman on Yahoo Finance (2.22.19) Discussing the China Trade Deal and GDP Growth.
Dr. Joel Shulman discusses the China Trade deal, GDP growth and ramifications of earnings growth among companies globally. He mentions how valuations in US markets are approaching 2018's high levels though believes if the China Trade deal is positive we could see another 5% to 10% rise in equity prices (more significant decline if the news is negative).
Joel Shulman on Fox Business News Varney & Co. (2.22.19) Discussing Coca Cola and 2019 Outlook.
Dr. Joel Shulman discusses the brand value of Coca Cola and how it’s dropped over the past 20 years. He also points out how revenues dropped by a third ($48B to $32B) in the past 5 years and jobs have declined from 150,900 to 61,800 during the same time period. He describes how most jobs in the US are created by large and small cap entrepreneurial companies and are generally lost by bureaucratic companies (like Coca Cola and Kraft) who focus on acquiring companies and firing workers.
Joel Shulman on Fox Business News Varney & Co. (2.14.19) Discussing Different Sector Growth in Markets
Babson College Professor Dr. Joel Shulman discusses a variety of topics including Netflix and growth of their streaming in international markets. He also addresses the video game markets and the high cost of development for producers as well as the switching cost among users. He provides examples using his Babson College students as evidence.
Joel Shulman on CNBC Worldwide Exchange (2.8.19) Discussing US Small Cap Performance.
Babson College Professor Dr. Joel Shulman discusses the strong performance of ENTR (Entrepreneur US Large Cap ETF) YTD and US Small Cap companies. He notes they are still off 15% from 2018 highs. As an aside, Dr. Shulman mentions that later that day he will be at Closing Bell at New York Stock Exchange for the new Non US Small Cap Entrepreneur ETF (ticker: ERSX).
Joel Shulman on Fox Business News Varney & Co. (2.7.19) Discussing Performance Since the Holidays.
Babson College Professor Dr. Joel Shulman discusses the strong performance of US markets since Christmas and notes US Entrepreneurs have increased 25% since Christmas. He mentions how Non-US markets still have room to grow in 2019.
Dr. Joel Shulman Appears on Fox Business News Varney & Co. (2.1.2019) Discussing January Performance
Babson College Professor Dr. Joel Shulman discusses Amazon, Dow stocks, job growth, and Larry Kudlow's comments. Dr. Shulman notes that this is the 4th best January for US large cap stocks since 1931. He also reiterated how US large cap and US small caps (Entrepreneurial companies in particular) have performed extremely well YTD.
Joel Shulman Appears on Fox Business Varney & Co. (1.17.19) Discussing the Current State of Market.
Babson College professor Dr. Joel Shulman discusses a variety of topics including Brexit, Netflix, Apple, and Morgan Stanley. He notes how M&A activity in 2019 is already above last year’s record levels. He also notes how Netflix has been the top performer in the S&P 500 lately, with returns above 50% since Christmas and over 30% YTD.
Dr. Joel Shulman Appears on Varney & Co. (1.2.19) Discussing Market Opportunities in 2019
Dr. Joel Shulman discusses opportunities in 2019 and believes that Small Caps, Non-US Small Caps in particular, provide good value due to opportunistic valuations. He announces the 12/28/18 launch of EntrepreneurShares Non-US Small Cap ETF (NYSE Ticker: ERSX) as conviction of his beliefs. He believes that volatility will continue in the early part of the year, but that investors should start to accumulate positions during the first Quarter 2019. He suggests that a catalyst to Market movement, in addition to news on a potential US-China deal, includes earnings announcements that exceed pessimistic expectations.
Joel Shulman Appears on CNBC (12.28.18) Discussing New Non-US Small Cap ETF (ERSX)
Dr. Shulman discusses a new Non-US Small Cap Entrepreneur ETF (NYSE ticker: ERSX) that is being launched today. He notes that Non-US Small Cap categories have declined more than 22% YTD and have forward P/E ratios that are 10. This is a substantial decline from a few years ago and he believes the timing, as well as valuations, are now attractive for investors.
Joel Shulman Appears on Fox Business News (12.24.18) to Discuss Year End Performance.
Dr. Shulman notes that Markets are very close to being the worst December ever (-12.35% MTD vs -14.53% in 1931). He discusses year end performance and Entrepreneurial Technology companies, in particular. He argues that Markets have overreacted to negative news and suggests that investors have an opportunity to now acquire companies at attractive valuations.
Joel Shulman Appears on Yahoo Finance (12.17) Discussing the Month of December and Future Outlook.
Dr. Shulman noted that December 2018 currently stands as the worst December since the Great Depression (1931). He doesn’t believe the pessimism is justified given underlying strong corporate fundamentals but does express concerns over deteriorating political risks in the US. He reminds viewers that the Markets traditionally appreciate 1.49% between Christmas and New Year's. He also provides a note of optimism hinging on China trade details.
Joel Shulman Appears on Varney and Co. (12.17) Discussing Current Markets and Future Outlook.
Joel Shulman discusses the markets and how December 2018, if it ended at noon today, would be the worst December in the markets since 1931. He doesn’t believe this pessimism is justified given underlying corporate fundamentals but does express concerns over deteriorating political risks in the US. He reminded viewers that the Markets traditionally appreciate 1.49% between Christmas and New Years. He also provides a note of optimism that hinges on China trade details.
Joel Shulman on Varney & Co. (12.11) Discussing Market Volatility and Year-End Equity Investments.
Joel Shulman notes that the flat to negative performance of 2019, despite strong conditions, makes equity investments in US large cap, US Small Cap and international markets attractive. He also mentions how the last time in the past 50 years the Markets experienced such a strong negative December was 2002. Subsequent to that period, the Markets experienced a very strong rally.
Joel Shulman on FOX Business News (12.3) Discussing US-China Trade Deal Announcement.
Dr. Shulman addresses the US-China trade deal announcement and its effect on Capital Markets. He believes that if China actually operates on a new business model and eliminates forced technology transfers and majority joint venture control, the US will have earned a major win. He notes a word of caution that the Federal Reserve still has a meeting on December 19 (Markets have priced in no rate hike) and the skepticism that China may not follow through on its Trade negotiation pledge.
Dr. Joel Shulman on Varney and Co. (11.26) Regarding Regarding Holiday Sales and Impact on Markets.
Dr. Shulman discusses the strong retail sales from Holiday shopping and increases in online advertising. He focuses on potential winners from the record sales (AMZN, GOOG, FB, and FDX) and potential for a year-end rally. He concludes that within the next few days we should see whether or not we have clear direction.
Dr. Joel Shulman on Varney & Co. (11.21) Discussing the Potential for a Year-End Stock Market Rally.
Dr. Shulman discusses the impact that lower oil prices, rising corporate profits, M&A activity, and retail sales will have on Capital Markets for the remainder of 2018. He notes that with the recent Market decline, some stocks are now attractively priced as acquisition targets. A number of stocks have appreciated considerably based on rumors alone. He concludes that within a short period of time we will have a better sense of Holiday purchases and the potential for a year-end stock market rally.
Dr. Joel Shulman on Varney & Co. (11.13) Discussing GE's Slide and Year-End Expectations.
Dr. Shulman discusses Apple’s powerful influence on the overall market and provides a historical perspective of 126-year-old GE. He describes how GE stock has plummeted 86% over past 18 years and 52% YTD. He cites evidence of when GE was a powerful Finance company and issued $3 Billion in inexpensive commercial paper every day. Those days are over. He ends on a positive note citing optimism for Holiday Sales and a year-end rally for markets.
Dr. Joel Shulman on Varney and Co. (11.9) Discussing Corporate Profit Increase.
Dr. Joel Shulman discusses the strong rise in corporate profits from 3rd Quarter 2017 to 3rd Quarter 2018. He notes that overall, US Large Cap Entrepreneurial companies have grown profits 47% in the past year while US Small Cap profits have appreciated approximately 100%. He mentions that during this earnings season stock prices have experienced considerable volatility in both positive and negative directions.
Joel Shulman on CNBC (11.5) discussing Winning the Loser's Game + his views for remainder of 2018.
In his discussion, Dr. Shulman mentions the Markets and his views for the remainder of 2018. Though he recognizes the effect that China Trade Tariffs have had on corporate profits (412 of 1176 public companies reporting 3rd quarter profits and citing China issues have declined 12.5% upon announcement) he remains bullish on the remainder of the year. He addresses the notion of “Winning the Loser’s Game” with regard to “stock pickers”. In this situation, he describes the mathematical likelihood of beating a Market Basket, by simply removing the bottom performers or accentuating the top in a widely-held basket or index. He states that, net of fees, it is often difficult to outperform pure indices, but acknowledges that some Managers claim unique risk Factors that help. He concludes with a discussion regarding corporate profits, particularly for US Small Cap and Large Cap Growth companies and how they have improved considerably from last year. He predicts that the US will experience strong holiday sales and that the stock market will end the year on a positive note.
Dr. Joel Shulman on Varney & Co. (10.31) Regarding the Recent Market Collapse and Future Opportunity.
Professor Joel Shulman discusses the recent market collapse and the opportunity for a year-end recovery. In his discussion, he notes that there are 499 ETFs that hold approximately $1.82 trillion (up from $1.4 trillion last year) in US Large Cap stocks. He describes the strong return movements for high profile stocks (e.g. Amazon, Facebook, Netflix, Google, etc.) being associated with ebbs and flows of institutional investors (who reduced their equity exposure of $10.5 Billion in the third week of October). He believes the Markets have overreacted in October (its the third worst October in the past 50 years after October 1987 and October 2008) and remains confident that despite diminished potential based on China Tariffs, the overall growth in Corporate revenues, profits, research & development, and jobs will continue to support a strong end to 2018 in US equities.
Joel Shulman on Varney & Co. (10.16) About the Recent Market Drops and Provides Insights on Netflix.
Dr. Shulman discusses the recent Market drops and provides his insights regarding Netflix and other Information Technology companies. He describes the strong growth of Netflix over the past few years and mentions how the extraordinary growth in revenues, profits, Research & Development, and International profits cannot be sustained at the same rate going forward (e.g. international streaming profits doubled three consecutive quarters). He notes that key Wall Street analysts have dropped their price targets, though most still remain more than 20% above current levels. He remains optimistic that Market price levels will end the year higher.
Joel Shulman on Varney & Co. FOX News (10.12.18 Pre Market) Regarding Recent Market Declines.
Dr. Joel Shulman appears on FOX Business News Varney & Co. before the Market opened and addresses Market declines from last week. He offers his commentary about future directions of the Markets (remains bullish) and includes as support current interest rates, inflation, unemployment, China Tariffs, and corporate profits...
Dr. Joel Shulman on Varney & Co. (10/2/2018) Discussing USMCA changes and more.
EntrepreneurShares Managing Director Dr. Shulman discusses USMCA changes and payroll increases to US workers. He also defends US Colleges from criticism.
Dr. Joel Shulman on CNBC to discuss year-end market movements and emerging market developments.
Dr. Joel Shulman appears on CNBC World Wide Exchange on September 24th 2018 to discuss year-end market movements and emerging market developments.
Dr. Joel Shulman on TD Ameritrade Discussing the EntrepreneurShares Methodology and ETF
Dr. Joel Shulman appears on TD Ameritrade discussing the EntrepreneurShares Entrepreneur 30 ETF (ENTR) and the overall EntrepreneurShares methodology.
Dr. Joel Shulman on Bloomberg Discussing the EntrepreneurShares Methodology and ETF
Dr. Joel Shulman appears on Bloomberg discussing the EntrepreneurShares Entrepreneur 30 ETF (ENTR) and the overall EntrepreneurShares methodology.
Dr. Joel Shulman on FOX Business News (9.4) Discussing the Continued Growth in the U.S. Economy.
Dr. Joel Shulman, CIO and Managing Director of EntrepreneurShares and Professor of Entrepreneurship at Babson College, discusses the continued growth in the U.S. economy and the next company likely to hit a trillion dollar valuation.
Dr. Joel Shulman on Varney & Co. (8.29) Discussing Continued Market Growth and Recent Tesla Drama.
Dr. Joel Shulman, CIO and Managing Director of EntrepreneurShares and Professor of Entrepreneurship at Babson College, discussing the recent Tesla stock fluctuations and the continued market growth in GDP.
Dr. Joel Shulman on Varney & Co. (8.27) Regarding Market Appreciation and Entrepreneurial Development
Professor Dr. Joel Shulman provides a historical perspective of stock market growth and examines several popular indexes over various time periods.
Dr. Joel Shulman on CNBC Regarding the Growth in Small Cap Stocks
Professor Dr. Joel Shulman appears on CNBC on August 23, 2018, and speaks regarding the performance of small-cap stocks and funds during this year.
Dr. Joel Shulman Appears on FOX Business Varney & Co. Regarding Removing Quarterly Reporting.
Professor Joel Shulman and Managing Director & CIO of EntrepreneurShares appears on FOX Business News Varney & Co. and discusses President Trump's suggestion to move to a 6-month reporting schedule as opposed to quarterly reporting. He also speaks about Elon Musk, his recent comments on social media, and Tesla's performance.
Dr. Joel Shulman on Varney & Co. Discussing Latest Job Report and Continued Corporate Growth
Dr. Joel Shulman on Varney & Co. on August 3, 2018, addressing the latest job report and discusses the impact of M&A activity on these numbers. He also comments on concerns regarding growing power among Mega Cap companies and how bureaucracy tends to diminish their reign over time. Dr. Shulman ends with a note of optimism on the likelihood of new entrepreneurial growth emerging over time.
Dr. Joel Shulman on Varney & Co. (FOX News) With His Take on Growth in Quarter 2
EntrepreneurShares CEO and CIO Joel Shulman speaks regarding the Dow and its potential continued growth throughout the year, and economists predict 4% 2Q growth rate, which is out on Friday.
Dr. Joel Shulman on FOX Business News Varney & Co.: Money Pouring into US Markets
Dr. Joel Shulman, Managing Director of EntrepreneurShares and Babson College professor, on the outlook for the U.S. markets.
Joel Shulman on FOX Business. Investors Focus on Small-Cap Stocks to Reduce Impact of Trade Concerns
EntrepreneurShares CEO Joel Shulman on the outlook for stocks and the mounting trade war concerns.
Joel Shulman on Fox Business Varney & Co. Discussing the Continued Growth in the Stock Market
Dr. Joel Shulman appears on Fox Business Varney and Co on June 5th, 2018 to discuss the continued growth in the stock market.
Dr. Joel Shulman On FOX Business Varney & Co. Regarding the Stock Market after Trump's Tax Reform
EntrepreneurShares CEO and Babson College professor Joel Shulman on the state of the U.S. markets during FOX Business Varney and Co.
Joel Shulman on FOX News Regarding the Recent Tax Reform Wins.
Joel Shulman appears on FOX News' Mornings with Maria show to discuss the recent increases in earnings reports due to President Trump's tax reform.
Joel Shulman on Fox News Regarding Trump Undercutting Positive Economic News for Stocks
EntrepreneurShares Managing Director Joel Shulman on the impact of Trump administration on stocks.
Joel Shulman on Street Signs Asia CNBC Regarding the Effects of U.S. Tax and Trade Policies.
Joel Shulman on Street Signs Asia CNBC Regarding the Effects of U.S. Tax and Trade Policies on U.S. Markets.
Joel Shulman Appears on CNBC's Street Signs Asia Regarding the Future of the Market.
Joel Shulman speaks on CNBC's Street Signs Asia regarding the future of the market after the Fed's comments post January 2018.
Joel Shulman on FOX Business: How Should Investors Handle Market Volatility
FOX Business interviews Babson College Professor and EntrepreneurShares' Managing Director Joel Shulman during the recent volatility in the stock market. See how investors should handle market volatility.
EntrepreneurShares Rings The NYSE Closing Bell
The NYSE welcomes executives and guests of EntrepreneurShares LLC celebrating the launch of the Entrepreneur 30 Fund honoring the occasion, Joel Shulman, Managing Director, rings The NYSE Closing Bell.
Joel Shulman on New England Cable Network: Recent Market Frenzy
EntrepreneurShares' Managing Partner Joel Shulman Speaks About the Recent Market Frenzy!
Joel Shulman on Fox Business: How the New Tax Bill Will Help Stimulate Growth for Global Entrepreneurs
Babson College Professor and Managing Director of EntrepreneurShares, Joel Shulman, on FOX Business News on how the New Tax Bill Will Help Stimulate Growth for Global Entrepreneurs
Joel Shulman on CNBC Speaking on the New Tax Reform's Affect on Publicly Traded Entrepreneurial Companies
Joel Shulman on CNBC Speaking on the New Tax Reform and its Affect on Entrepreneurial Publicly Traded Companies
Joel Shulman on Cheddar: Why EntrepreneurShares Invests in Publicly Traded Entrepreneurs!
Joel Shulman Speaks on Cheddar about EntrepreneurShares' New ETF (ENTR) and What His Firm Considers an "Entrepreneurial" Company.
Joel Shulman at Fox Business: Investing in Entrepreneurs
Babson College Professor Joel Shulman on what to look for when investing in entrepreneurial companies.
Joel Shulman on CNBC Speaking on What it Means to be a Publicly Traded Entrepreneurial Company.
Joel Shulman at Get Tasted: Bootstrapping
Joel Shulman is a Professor of Entrepreneurship at Babson College, the world's leading program in this field and is Managing Director at EntrepreneurShares (publicly traded mutual fund that invests in global entrepreneurs). He has a Ph.D. in Finance and holds the Chartered Financial Analyst (CFA) designation. He called in to Get Tasted to chat with Tom and Tony about teaching entrepreneurship, and the next generation of entrepreneurs.
"Entrepreneur ETF (ENTR), a product of Professor Joel Shulman’s investment management firm, EntrepreneurShares, has been ranked #1 in total return for the top 10 Large Cap Core funds ranked by year-to-date performance as of Jan. 31, 2018 (#1 out of 881 Mutual Funds and ETFs) by the Wall Street Journal. [...]"Read More →
Investors may potentially enhance returns through an entrepreneur-focused exchange traded fund strategy that identifies companies with a pioneering spirit.Read More →
Shares of big technology firms may appear overvalued, but the companies still have much room to grow, says Joel Shulman, founder of EntrepreneurShares.Read More →
"New entrant EntrepreneurShares debuted its first ETF, a new strategy that looks for companies based on entrepreneurial standards [...]"Read More →
"An associate professor of entrepreneurship at Babson College, launched the EntrepreneurShares Global Fund, a mutual fund based on the theory that shares in companies with certain entrepreneurial features consistently outperform the market [...]"Read More →
"The Wall Street Journal (WSJ) recently ranked Babson Professor Joel Shulman’s EntrepreneurShares Large Cap Growth Fund No. 5 among 698 similar funds on a YTD basis [...]"Read More →