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. Specifically, economics has a half-life of 9.4 rates were going up in 2018 we did debate raising our WACC hurdle when the Federal Reserve (FED) funds rate was at 2.5%

Investing 52

Investing Investments Accounting Valuation 52

Brown Advisory

MAY 3, 2018

It's All Relative ajackson Thu, 05/03/2018 - 15:32 We are hearing a lot of questions from our clients about how rising interest rates may affect their municipal bond holdings. MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. The Bloomberg Barclays U.S.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

MAY 3, 2018

Thu, 05/03/2018 - 15:32. Simple math dictates that when yields rise, fixed-rate bond prices fall. All charts, economic and market forecasts presented herein are for illustrative purposes only. It's All Relative. MUNICIPALS AND RISING RATES. However, there are a few important caveats to that statement.

Taxes 52

Taxes Portfolio Valuation Clients 52

The Big Picture

AUGUST 20, 2024

If you recall, back in 2018, vol Mageddon, he was on the right side of that trade, made hundreds of millions of dollars for his firm in identifying a structural problem that was about to blow up. But before I leave the teal macro, I gotta ask you about the famous Vage trade in 2018. Tell us a little bit about that trade.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. Balyasny lost a lot of capital in 2018.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

MARCH 27, 2023

So you retire in 2018. since the ‘80s regarding economic mobility, that there used to be a huge ability to move up, or at least be in a better situation than your parents were. Tell us about how you saw this lack of diversity and the lack of economic mobility. But it was not a liquidity issue. ’08 RITHOLTZ: Really interesting.

Assets 285

Assets Investing Investments Management 285

Mish Talk

NOVEMBER 27, 2022

2022 Math The 2021 year end debt was $29.621 trillion. Nearly 50,000 economic illiterates like that Tweet. Since Trump's 2018 Tweet, public debt rose by over $10 trillion. That was in 2000. Those numbers are through 2021. US Debt Clock to the Second. The DebtClock graph updates every second. When does this matter? I don't know.

Budgeting 200

Budgeting Math Economics Accounting 200

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Retail 130

Retail Government Economy Economics 130

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. I know you like to discuss there are different phases of the, of the, both the market and the economic cycle. This, right?

Numbers 147

Numbers Management Banking Marketing 147

Brown Advisory

AUGUST 1, 2018

2018 Berkshire Hathaway Annual Shareholder Meeting ajackson Wed, 08/01/2018 - 09:30 The Berkshire Hathaway annual meeting is an opportunity for shareholders and analysts to pose questions to Warren Buffett and Charlie Munger. are going to be the superpowers of the world economically and otherwise for a long time to come.

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

2018 Berkshire Hathaway Annual Shareholder Meeting. Wed, 08/01/2018 - 09:30. Berkshire’s investment portfolio holds about $186 billion in equities and $118 billion in cash equivalents and bonds as of March 31, 2018. are going to be the superpowers of the world economically and otherwise for a long time to come.

Assets 52

Assets Investing Investments Insurance 52

The Better Letter

JANUARY 11, 2024

That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. These experts made a living “analyzing” and pontificating on political and economic developments. And lots of surprises.

Economy 97

Economy Economics Math Banking 97

Aleph

FEBRUARY 18, 2023

Now she’s leading a push to legalize gambling in Texas [link] Legal gambling leaves society as a whole worse off Feb 16, 2023 As the country emerges from a pandemic that left children zoning out over Zoom, parents are turning to the turbocharged “Russian math” method to give their kids an academic edge.

Banking 59

Banking Healthcare Government Budgeting 59

The Better Letter

JANUARY 2, 2025

Morgan Stanley’s Chief Economic Strategist blew her call , too. The most bullish call in Sam Ro’s compilation was 5,500, up nearly 20 percent, by Capital Economics. The consensus on Wall Street was that interest rates had peaked for the economic cycle. That’s not bad, still well short of actual returns.

Management 103

Management Marketing Marketing Economics 103

The Big Picture

AUGUST 23, 2022

in Economics from Chicago and MBA from Stanford. So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. Even if you read both of Browder’s books, you will find something to be amazed at. With no further ado, my conversation with Bill Browder.

Government 321

Government Banking Numbers Investing 321

The Big Picture

OCTOBER 3, 2023

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. Your chief economic advisor to the president.

Taxes 280

Taxes Banking Clients Management 280

Mish Talk

NOVEMBER 10, 2022

It's a moving target, negating any percentage math. Nothing is decided yet, but the math is very challenging for the Republicans in both states. Trump Flopped in 2018, 2020, 2021 and 2022 How much more of this can Republicans take? Doug Ducey won by 14 points in 2018. I'm here to tell you what I think.

Math 166

Math Numbers Media Economics 166