Remove 2006 Remove Math Remove Planning
article thumbnail

Transcript: Julian Salisbury, GS

The Big Picture

What was the original career plan? SALISBURY: Honestly, I didn’t really have a long-term plan. SALISBURY: Yes, I’d love to tell you there was some great master plan. And then in a fit of madness, I guess, at the end of 2006, the credit markets were pretty uninteresting. You begin in audit practice at KPMG.

Assets 299
article thumbnail

Trying To Find The Optimal Number Of Stocks To Own

Random Roger's Retirement Planning

In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else. I've got quite a few names that have been in the portfolio since 2004-2006 when I first started this phase of my career. If a portfolio starts with 40 holdings each with an equal 2.5%

Numbers 75
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Mike Green, Simplify Asset Management

The Big Picture

What was the initial career plan? Mike Green : Well, the, the initial career plan, actually, so I grew up on a farm in Northern California. My initial career plan was that I was gonna go into science. We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments.

Assets 173
article thumbnail

Transcript: Heather Brilliant, Diamond Hill

The Big Picture

It sounds like the career plan was always finance. Was that the plan? Heather Brilliant : It was not the plan. So it generally is something that we plan as we see it coming and really try to collaborate with our clients so that we can appreciate where it may create a challenge for no reason. How far out do you plan it?

Investing 147
article thumbnail

Pain is Part of the Process

The Better Letter

3 Another study , covering the period 1983-2006 utilizing the Russell 3000 Index, achieved similar and consistent results. This is the best thing I read this week (it combines magic, music, mystery, and math); this is the best thing I saw. That means the remaining 96 percent of stocks merely matched the return of one-month U.S.

article thumbnail

Global Leaders Investment Letter: June 2022

Brown Advisory

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. There are many moving parts, not the least is expected vs unexpected inflation.

article thumbnail

Two Years Without Health Insurance (and What I’m Doing Now)

Mr. Money Mustache

So I decided to take some action, by doing the math for myself using a spreadsheet. For situations where a health share membership falls short, the subsidized and regulated insurance available through employer-based plans or the state exchanges via the Affordable Care Act, are probably a better bet.