High Valuations and High Compensation in the Russell 2000
The top 10 Russell 2000 companies had a combined market capitalization of $66.1 billion, produce pre-stock compensation after tax profit of $815.8 million of which they paid out $357.5 mil in stock compensation (44%). The median stock compensation of the top 10 was 32.0% and trade at a price-to-earnings multiple of 144x. This is a […]
First Wilshire’s Bill Caton speaks with The Wall Street Transcript
Bill Caton, CFA, Research Analyst and Senior Trader at First Wilshire spoke with The Wall Street Transcript’s Ed Silverstein regarding his disciplined, value-oriented approach to uncovering small cap gems. Read more of the interview at The Wall Street Transcript
Unemployment Rate at Rare Level
Excerpt from our newsletter: A headline worth pointing out from the 2nd quarter was the official unemployment rate hitting 3.8%, the lowest level in 18 years. It is interesting to note that the last time unemployment hit 3.8% was in April 2000 and lasted only one month. One would have to go all the way […]
First Wilshire Profiled in CityWire USA’s ‘Boutique of the Week’ Section
First Wilshire was profiled in CityWire USA’s ‘boutique of the week’ section featuring an interview with CEO and Portfolio Manager Scott Hood. Scott discussed how First Wilshire’s founding principles have informed current ‘academic’ investment processes, including the firm’s proprietary one-pager and database, started in 1993 to keep a record of every company analyzed. He also noted […]
First Wilshire Welcomes Nicole Green
Nicole Green has joined First Wilshire as our new Vice President of Administration. Prior to joining First Wilshire, Nicole was a Principal at a large publicly traded investment management company where she was Head of the Investment Operations and Trade Operations teams. Prior to that Nicole worked at the law firms Morrison and Foerster LLP […]
First Wilshire Celebrates 40 Years
First Wilshire is not prone to celebrating success and milestones, and in fact we are rather superstitious about it, but we’re proud to note that 2017 marks First Wilshire’s 40 year anniversary serving our clients. We’ve been “Detecting Value Since 1977,” and surviving this many years is an accomplishment in itself, but doing so with […]