The Big Picture

NOVEMBER 21, 2023

And I said, Paul, I don’t know anything about managing a public portfolio, but the deal we made with each other. So we repositioned our portfolio at the end of 22, recognizing that there had been too many dollars that went into safety trades. So here’s the math, Barry. 00:44:49 [Speaker Changed] Correct?

Investing 246

Investing Investments Startup Accounting 246

FMG

DECEMBER 22, 2022

After having my first child, I teamed up with two colleagues in 2019, and we grew together for a few years. The math speaks for itself- over half our population is female, yet only around 20% of financial advisors are women. I’m also more interested in the balance in your life than the balance of your portfolio.

Financial Advisor 52

Financial Advisor Compliance Clients Communication 52

The Big Picture

AUGUST 15, 2023

That’s a really easy portfolio to create. It allows you to understand, generally speaking, what is a reasonable beta for that whole portfolio. By the time I got there in ’92, they had a great venture portfolio and almost nobody else even understood what venture capital was. That allows you to do two things.

Management 130

Management Investing Investments Government 130

Brown Advisory

AUGUST 1, 2018

Though insurance produced an unusual underwriting loss in 2017, it provided $114 billion in investable float, which partially funds Berkshire’s $314 billion investment portfolio. Berkshire’s investment portfolio holds about $186 billion in equities and $118 billion in cash equivalents and bonds as of March 31, 2018.

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

Though insurance produced an unusual underwriting loss in 2017, it provided $114 billion in investable float, which partially funds Berkshire’s $314 billion investment portfolio. Berkshire’s investment portfolio holds about $186 billion in equities and $118 billion in cash equivalents and bonds as of March 31, 2018.

Assets 52

Assets Investing Investments Insurance 52

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. Initially I joined to help them manage their equity portfolio. It was the exact same trade. I buy everything.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

NOVEMBER 15, 2022

The academic side of how to build a portfolio, we can argue about the details, right? As an advisor, you could get somebody’s model portfolio, or you could hire some, you know, three CFAs and do it yourself. Some advisor that’s out there can say, “I have generally 1% alpha for the last three years in my model portfolio.”

Management 278

Management Assets Portfolio Investing 278

The Big Picture

AUGUST 29, 2023

So I came down, met with our head of the portfolio review department, which oversees our external managers, met with our head of brokerage, and then met with the head of bind indexing, who was Ken Volpert at the time. And she was like, “You should come down and talk to some people at Vanguard.”

Portfolio 130

Portfolio Investing Investments Numbers 130

Random Roger's Retirement Planning

OCTOBER 29, 2023

I was curious to read who issued 100-year debt when rates were crazy low and the only one mentioned was University of Virgina which sold 100-year paper in 2019 at 3.23%. Here I am talking not just portfolio management but overall lifestyle, habits and choices and yes this does filter into my day job managing investment portfolios.

Insurance 96

Insurance Clients Math Portfolio 96

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing. ADMATI: Yes.

Banking 204

Banking Government Insurance Taxes 204

Carson Wealth

FEBRUARY 5, 2024

For perspective, the average in 2019 was 163,000. That’s well above the 2005-2019 pace of 1.5%, and it is currently higher than what it was in the late 1990s. By my math, there have been 57 Super Bowls and 22 different winners. The lowest scoring game was only 16 points in 2019 when the Pats beat the Rams.

Marketing 97

Marketing Marketing Economy Manufacturing 97

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. They get trained at great places.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

JUNE 18, 2024

00:40:26 [Speaker Changed] They, they know, they know math, they know math. And three, you know, I think they, you know, they’ll go into 20, 24, 20 25, 20 26, obviously with ESPN way smarter than they went in with us in 2019. Nobody cares about your portfolio. At least they’re sure the better ones do.

Media 147

Media Food Advertising Investing 147

Brown Advisory

AUGUST 1, 2019

The Long Game: Roth Conversions & Legacy Planning ajackson Thu, 08/01/2019 - 14:51 Legacy planning is all about transferring wealth to descendants as efficiently as possible. Moving to a different state, with potentially very different tax treatment for retirement assets, may change the math governing how the decision plays out over time.

Planning 52

Planning Distribution Taxes Accounting 52

Brown Advisory

AUGUST 1, 2019

Thu, 08/01/2019 - 14:51. Moving to a different state, with potentially very different tax treatment for retirement assets, may change the math governing how the decision plays out over time. The information provided n the case study illustrates a hypothetical portfolio that is not necessarily representative of any current portfolios.

Planning 52

Planning Distribution Taxes Accounting 52

The Big Picture

JANUARY 24, 2023

RITHOLTZ: So talk about building New Mountains in 2019. RITHOLTZ: So it’s different math then I need 100x winner versus 99? I don’t have — coming from a family business, we say we don’t have portfolio theory. KLINSKY: Yeah. We’ve had some good IPO successes. KLINSKY: Yeah. RITHOLTZ: Right.

Investing 263

Investing Investments Numbers Banking 263

The Big Picture

MARCH 21, 2023

You’re accidentally waiting into yet another quant controversy, whether you need both these characteristics in every stock, or whether you can have some stocks that are great on one and simply average on the other and the portfolio comes out. I was a fixed income portfolio manager and trader, which is a ton of fun.

Valuation 173

Valuation Investing Investments Numbers 173