Learn From Our Webinars
Watch all of our past webinars below.
Why the Tech Carnage Can Continue
In this webinar, CEO David Trainer joins David Hendler of Viola Risk Advisors to cover equity values in the Big Tech sector and financial sector capital structures.Topics covered include:
- The fundamental valuation disconnects in many Big Tech and related stocks and the S&P 500
- The market decline will not be limited to the Tech sector
- Negative spillover impacts to Big Bank equities, debt, other securities, and counterparty credit exposures
ROIC: The Truth Behind the Numbers
In this webinar, Investment Analyst Sam McBride explains the importance of calculating ROIC correctly and how we use technology to accurately calculate ROIC. Topics covered include:
- Why ROIC is the best measure of profitability
- Why most calculations of ROIC fall short
- How to calculate ROIC and other key metrics such as economic earnings and free cash flow
How a Reverse Discounted Cash Flow (DCF) Model Works
In this webinar, Investment Analyst Sam McBride explains how we use our DCF model to quantify the cash flow expectations baked into stock prices. Topics covered include:
- Differences between traditional and reverse DCF model
- The pitfalls of using DCF models to predict the future.
- How to quantify expectations implied by stock prices
How our Stock Rating System Works & What Our DCF Says About Netflix
In this webinar, CEO David Trainer explains how our stock rating system accurately measures business performance and a stock’s valuation. Topics covered include:
- Calculating a firm's true profits
- How to determine if a stock is over/undervalued
- How our DCF quantifies the expectations baked into a stock price
How to Stay out of the Danger Zone
In this webinar, CEO David Trainer explains what puts stocks in the Danger Zone and how investors can avoid dangerous stocks, ETFs, and mutual funds. Topics covered include:
- How accounting earnings mislead investors
- Better metrics to calculate profitability and stock valuation
- Stocks currently in the Danger Zone
Pitfalls of Price-to-Book Ratios, ROE, and EV/EBITDA
In this webinar, CEO David Trainer explains how these popular metrics make low-quality, overvalued stocks look attractive and which metrics are better. Topics covered include:
- The shortcomings of price-to-book
- How return on equity lack key information
- A better metric to identify over or undervalued stocks
Issues with EV/EBITDA & How Debt to Equity Can Mislead Investors
In this webinar, CEO David Trainer explains how these popular metrics mislead investors and which metrics are better. Topics covered include:
- The flaws with EBITDA
- Why Debt to Equity is only a shortcut
- A better metric to identify truly over or undervalued stocks
Pitfalls of Relying on P/E Ratios & Problems with ROE
In this webinar, CEO David Trainer explains how popular valuation metrics have significant flaws that lead investors to the wrong stocks. Topics covered include:
- The problems with P/E ratios
- How ROE misleads investors
- Better metrics to determine a stock's valuation relative to its cash flows
Pitfalls of Relying on P/E Ratios
In this webinar, CEO David Trainer explains how the P/E ratio leads investors to buy the wrong stocks and what metric investors should use instead. Topics covered include:
- The flaws with P/E ratios
- How P/E ratios create value traps
- A better metric to identify truly over or undervalued stocks
Value Investing - Finding Stocks on Sale
In this webinar, CEO David Trainer explains how investors can make money and lower risk by knowing the difference between accounting and economic earnings. Topics covered include:
- The loopholes in accounting earnings
- The diligence required to calculate economic earnings
- Why economic earnings represent the true profitability of publicly traded companies
Misleading Accounting Earnings Add Risk to Stocks
In this webinar, CEO David Trainer will discuss the disconnect between economic and accounting earnings. Topics covered include:
- How to analyze the difference between economic and accounting earnings
- Why a distinction between the two matters
- How misleading earnings impact investors
Modern Research Tools for Modern Markets
In this webinar, CEO David Trainer will discuss how new technology can be used to enhance your investment decision making process. Topics covered include:
- Why research automation technology is necessary
- How to fulfill the Fiduciary Duty of Care
- Why technology will change investing for everyone
Machine Learning for Smarter Investing
In this webinar, CEO David Trainer will discuss how machine learning can be leveraged to improve your investing process. Topics covered include:
- How cutting-edge technology can protect your portfolio
- How to grow assets, keep them longer and avoid regulator scrutiny
- How to fulfill the Fiduciary Duty of Care
Best In Class Return On Invested Capital (ROIC)
In this webinar, CEO David Trainer will discuss how our research is superior to competitors. Topics covered include:
- Why calculating ROIC accurately is so important
- How you can get an edge in your investment decision making process
"New Age" Analysis – Equity and Fixed Income Research Synergies
In this webinar, CEO David Trainer is joined by Viola Risk Advisors' CEO David Hendler. Together, they outline:
- Why equity analysis matters for fixed income investors
- How to integrate economics earnings analysis into the fixed income work-flow
- How to integrate economic earnings analysis into fixed income research
The Fiduciary Duty of Care: Turn Challenge Into Competitive Advantage
In this webinar, CEO David Trainer will discuss how to turn the new fiduciary rule to your competitive advantage. Topics covered include:
- Building trust with clients
- How to ensure recommendations satisfy fiduciary duty of care
- How the latest in technology makes fulfilling the duty of care easier than ever
Solving The Biggest Problem w/ the DOL Fiduciary Rule
In this webinar, CEO David Trainer will outline New Constructs’ unique DOL Fiduciary Rule solutions. He talks about
- What it means to be a fiduciary
- What defines fiduciary research
- How New Constructs helps perform due diligence
5 Ways Corporate Governance Affects Investors and Stock Valuations
In this webinar, CEO David Trainer will discuss corporate governance issues to be aware of. He talks about
- Keys to corporate governance
- "The 5 C's" of corporate governance
- Examples of poor corporate governance
ROIC: The Paradigm For Aligning Corporate Performance With Valuation
In this webinar, CEO David Trainer will discuss ROIC’s role in the capital markets and how to get the most out of the metric. He talks about
- Core principles behind ROIC
- Why more investors don't use ROIC
- How to calculate ROIC
Building The Best Model Portfolio: Linking Executive Compensation to ROIC
In this webinar, CEO David Trainer, will discuss our new Model Portfolio. He talks about
- The importance of return on invested capital
- Why linking executive compensation to ROIC is beneficial
- How New Constructs’ tools can be used to create the best Model Portfolio
Click here to download a PDF copy of the presentation
FinTech: Disruptive Tech To Parse SEC Filings & Build Valuation Models
In this webinar, CEO David Trainer, will discuss our propriety research system. He talks about
- How we can help protect investors, directors, and auditors.
- The key strengths of New Constructs research platform
- How these strengths impact our clients.
Using ROIC To Value American Express (AXP)
In this webinar, CEO David Trainer will discuss how American Express can greatly increase its value simply by focusing on ROIC. He talks about
- How undervalued AXP is relative to cash flows
- How to ensure the market rewards a higher ROIC
- How to quantify the size of the prize if management improves ROIC
Open Letter To Larry Ellison: How To Boost Oracle's Value By $65 Billion
In this webinar, CEO David Trainer will discuss how Oracle can greatly increase its value simply by focusing on ROIC. He talks about
- How undervalued ORCL is relative to cash flows
- How to ensure the market rewards a higher ROIC
- How to quantify the size of the prize if management improves ROIC
How To Protect Your Portfolio As Well As Your Colleague's
In this webinar, CEO David Trainer will go over how investors can keep their portfolio's safe through turbulent markets. He talks about
- Strategies that worked in the last market crash
- The most important metrics to analyze quality companies
- How New Constructs helps find gems and avoid pitfalls
Finding Safe Investments In A Dangerous Market
In this webinar, CEO David Trainer will go over how investors can identify safe investments in the current dangerous market environment. He talks about
- The current state of the market
- How New Constructs provides insight into safe investments
- How a portfolio could be strengthened in today’s market
The Dangers of Non-GAAP Earnings
In this webinar, CEO David Trainer will go over why investors need to look past non-GAAP earnings. He talks about
- What companies include/exclude to derive non-GAAP metrics
- Why non-GAAP earnings create a problem with analysis
- What metrics investors should focus on when companies tout non-GAAP
How To Avoid Dividend Traps
In this webinar, CEO David Trainer will go over why investors must be wary of high dividend yielding stocks. He talks about
- How dividends are not always correlated to cash flows
- How unprofitable companies can continue paying dividends
- The findings of our recent report " 4 Dividend Traps to Avoid"
How To Get The Truth About Valuation
In this webinar, CEO David Trainer will go over the keys to making money in the stock market. He talks about
- The challenges of investing
- How to find "hidden" gems in today's market
- Recent examples such as General Motors (GM)
Finding Safe Harbors In Market Storms
In this webinar, CEO David Trainer will go over the keys to riding out turbulent markets. He talks about
- Knowing the motives behind the research you use
- Some current issues within the market today
- How to identify safe stocks with a good risk/reward
How to Protect Your Wealth During the Current Market Meltdown
In this webinar, CEO David Trainer will go over the keys to long-term portfolio protection and growth. He talks about
- What makes a quality stock
- How New Constructs identifies quality stocks
- What stocks to avoid during down markets
Technology to Protect You From the Footnotes
In this webinar, CEO David Trainer will discuss some of the technology behind New Constructs. He talks about:
- The current state of equity research
- How New Constructs ensures data accuracy
- How New Constructs analyzes thousands of company reports
- You can download the slide deck used during this webinar here.
How to Invest in the Best ETFs and Mutual Funds
In this webinar, CEO David Trainer will go into detail about how New Constructs rates ETFs and mutual funds. He talks about:
- The flaws of traditional fund research
- How New Constructs rates over 7000 ETFs and mutual funds
- The easiest way to find ETFs and mutual funds with the least risk
Identifying Dangerous Stocks with New Constructs
In this webinar, CEO David Trainer will explain how to find dangerous stocks using New Constructs' tools and screeners. He talks about:
- Recent Danger Zone stocks Twitter and Groupon
- How to screen for particularly dangerous stocks
- Information that allows investors to identify faulty business models
Two Ways Stock Options Detract From Shareholder Value
In this webinar, CEO David Trainer will explain exactly how options affect shareholder value. He will reveal the effects on the income statement and on valuation that you rarely see any analysts discuss. He talks about:
- How to calculate employee stock option expense
- Why employee stock options are a liability
- When employee stock options are a red flag warning
A Forensic Analysis of Acquisitions
In this webinar, CEO David Trainer will show the right way to analyze the Time Warner Cable and Charter Communications deal and determine whether or not an acquisition creates value. He talks about:
- How to determine if an acquisition is accretive
- The High Low P/E fallacy
- How synergies greatly impact a potential acquisition
- Click here to download the model used in this webinar
The Difference Between Growth and Value Investing
In this webinar, CEO David Trainer explains the difference between "growth" and "value" investing, and what you should be thinking about when you create your portfolio. He talks about:
- What "growth" and "value" investing are
- Why there should be no difference between the styles
- How to use our system to identify "growth" and "value" stocks
What Makes New Constructs' Research Different
In this webinar, CEO David Trainer compares stock reports by Morningstar, Zacks, and Capital IQ to our stock reports to show why we offer more in a single report than all of these other providers combined. He explains:
- Why other stock reports are structured the way they are
- The unique advantage our analysts can give you
- How to use New Constructs stock reports
How New Constructs Finds the Best Stocks for You
In this webinar, CEO David Trainer talks about the criteria for stocks on our Most Attractive Stocks list. He explains:
- Free Cash Flow Yield
- Our stock screener
- Our Most Attractive stocks' performance
Note: This webinar is missing the first 10 minutes due to recording difficulties. We apologize for the inconvenience.
How to Use New Constructs Stock Ratings: Part 2
In this webinar, CEO David Trainer talks about the "Valuation" portion of our stock ratings. He explains:
- Free Cash Flow Yield
- Price to Economic Book Value
- Growth Appreciation Period
- How we apply value investing to our stock ratings
How to Use New Constructs Stock Ratings: Part 1
In this webinar, analyst André Rouillard talks about the "Quality of Earnings" portion of our stock ratings. He explains:
- Economic Earnings
- Return on Invested Capital
- How our earnings measures are more accurate than companies' reported numbers
How to Use New Constructs Tools to Pick Good Stocks
In this webinar, analyst André Rouillard talks about we use our system to find good stocks, and how you can too. He covers how to use:
- Our screener
- Our portfolio tool
- Our stock reports
- Our company models
- Our marked-up SEC filings tool
How High Frequency Trading Can Rip You Off
In this webinar, CEO David Trainer uses trading software to:
- Demonstrate how high-frequency traders are cheating the market
- Skimming off the top of your trades
How to Correctly Analyze Corporate Acquisitions
In this webinar, CEO David Trainer will walk you through how to:
- Determine whether or not a corporate acquisition is in your best interest
- Determine whether or not a corporate acquisition is in the company's best interest
How to Use Our DCF Model Tool To Analyze Netflix
In this webinar, CEO David Trainer shows you:
- The capability and flexibility of our valuation models by looking at the growth expectations embedded in Netflix’s (NFLX) current stock price.