2006 Ethics Math 
Brown Advisory
JUNE 16, 2022
We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. Maths has a long half-life and a DCF correctly done accounts for inflation.
The Big Picture
APRIL 8, 2024
I’d been ranked i i back in the seventies, if you can do the math. But if you go back to 2006 point half percent sounds high. Prince of a person, a great intellect, a very serious investor, a good macro guy, but a real stock person and, and he was very helpful to me in culture ethics. Just a, a great role model.
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