From “Ripped Off” to a “Better Deal” – How Investors Fared Since the Market-Timing Scandal
Investing Insights
Morningstar, Ivanna Hampton, Sarah Hansen
4.2 • 539 Ratings
🗓️ 1 September 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Please stay tuned for important disclosure information at the conclusion of this episode. |
| 0:06.0 | Here's what to head on this week's Investing Insights, a close-up at five pricey stocks that you may want to sell right away. |
| 0:13.4 | Plus, Birkenstock made a fashionable cameo in the Barbie movie. |
| 0:17.7 | Coming up, the move it's reportedly planning in hopes of winning over investors. |
| 0:22.4 | And a trading scandal rattled the mutual fund industry 20 years ago. Morningstar Research Services, |
| 0:29.6 | Director of Manager Research, Russ Kittle, will explain how the aftermath strengthen investor protection. |
| 0:35.6 | This is Investing Insights. |
| 0:36.8 | This is Investing Insights. |
| 0:47.2 | Welcome to Investing Insights. I'm your host, Ivan and Hampton. Let's get started with a look at the Morning Star headlines. Burkenstock is preparing for its initial public offering, |
| 0:52.6 | but will investors try it on for size? The company is |
| 0:56.1 | known for its hip and comfy footwear. Private equity firm El Caterin owns it. Moed Hennessey, Louis |
| 1:02.4 | Vitton, backs it. El Caterin bought the 250-year-old company a couple years ago from members of the |
| 1:09.4 | founding family. |
| 1:15.2 | Data from Morningstar's venture capital unit pitchbook shows the deal was worth almost $5 billion. |
| 1:17.0 | The new owners are looking to cash out. |
| 1:19.7 | Goldman Sachs and J.P. Morgan reportedly value the company at more than $8 billion for |
| 1:25.2 | the IPO. |
| 1:26.4 | Morningstar Research Services, senior equity analyst |
| 1:29.1 | Yelena Sokalova says that despite strong growth for the brand and its prime placement |
| 1:34.8 | in the new Barbie film, that valuation may be a bit ambitious. Birkenstock reported earnings |
| 1:41.0 | of about $414 million in 2023 more than double its take in 2020. |
| 1:47.1 | Some of that success was due to a robust sales campaign in the U.S. and Asia, and that included |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Morningstar, Ivanna Hampton, Sarah Hansen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Morningstar, Ivanna Hampton, Sarah Hansen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

