The Big Picture

AUGUST 20, 2024

We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments. The problem is that model, the wisdom of crowds actually requires everybody to have what’s called equal endowment or the same number of votes. And people who are making just total wild guesses, right?

Assets 173

Assets Management Portfolio Taxes 173

Brown Advisory

NOVEMBER 1, 2019

These conditions present a variety of challenges for investors; more germane to our discussion in this letter, they also present a number of planning opportunities that may require near-term action. Market conditions may be volatile, but our planning efforts are, as always, focused on stability and consistency.

Planning 52

Planning Taxes Clients Estate Planning 52

Brown Advisory

APRIL 1, 2016

Fri, 04/01/2016 - 15:39. There are many ways to illustrate volatility, but one of the simplest is to add up the number of days in which a market moves up or down by more than a certain amount over a defined period of time. The core portfolio can “stay the course” and follow its long-term strategic plan. Multiple Risks.

Investing 52

Investing Investments Portfolio Assets 52

Brown Advisory

JULY 23, 2019

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, court investors with quarterly earnings calls and management meetings, or even have budgets and strategic plans at the parent company. Buffett places a very high value on this float but won’t give a number. He quoted Thomas Watson Sr.,

Insurance 52

Insurance Investments Investing Management 52

Brown Advisory

JULY 23, 2019

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, court investors with quarterly earnings calls and management meetings, or even have budgets and strategic plans at the parent company. Buffett places a very high value on this float but won’t give a number. General Investment Questions.

Insurance 52

Insurance Investments Investing Management 52

The Big Picture

FEBRUARY 7, 2023

He’s really well known on the street and puts out a number of fascinating books, arguably a sort of parallel career to Michael Lewis. So that’s important, number one. RITHOLTZ: He had Bernie Madoff numbers, didn’t he? He is one of the co-founders of Puck. RITHOLTZ: Absolutely. COHAN: Okay. He was fine.

Engineering 259

Engineering Banking Numbers Management 259

Brown Advisory

AUGUST 1, 2018

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, or have budgets and strategic plans at the parent company, though some of the subsidiaries do. Berkshire doesn’t do strategic plans.) That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending.

Assets 52

Assets Investments Investing Insurance 52