Brown Advisory

JANUARY 17, 2024

We have both of these potential investments on our Ready-to-Buy list, and both had gotten to within 10% of prices where we thought they represented very good value in the past few years (Nvidia in Oct 2022, Novo Nordisk in Dec 2020). However, we did not invest due to our minimum double-digit 5-year IRR hurdle rate. Good process, bad outcome.

Investing 52

Investing Investments Portfolio Compliance 52

The Big Picture

AUGUST 20, 2024

So any compliance people listening, I’m just spitballing here. The second thing that it ultimately does is it creates conditions under which there’s a transition from cash rich portfolios that are ultimately option like in their characteristics. I’m gonna hold it in my portfolio. That’s Barry saying it.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. And so if you compare that to today, if you remember Oaktree raised $15 billion fund in 2020, on its own. If you think of the biggest bankruptcy in 2020 was Hertz. The survival rate of an emerging manager is low.

Assets 285

Assets Investing Investments Management 285

The Big Picture

OCTOBER 5, 2024

And then when I got to Capital Group, obviously I was under compliance, they were like, you really can’t be talking about stocks online. So 00:06:01 [Speaker Changed] It’s funny, I had the exact same experience with compliance at a brokerage firm in the early two thousands when I launched the big picture. You can do media.

Economy 162

Economy Education Insurance Economics 162

Sara Grillo

SEPTEMBER 26, 2022

I do believe it should be different regulated differently from portfolio management, which is the typical definition of the registered investment advisor, but that it shouldn’t be the CFP Board that is controlling the regulatory environment for financial planners. For advise on such matters, contact a legal or compliance advisor.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

Sara Grillo

FEBRUARY 13, 2023

at the end of 2020, while standard ETFs that invest in U.S. Senator Dan Sullivan of Alaska proposed that portfolio managers or portfolio management companies are not allowed, should not be allowed to vote proxies of index funds. Nothing within this content constitutes legal investment or compliance advice.

Investing 72

Investing Investments Clients Portfolio 72

The Big Picture

MARCH 21, 2023

I was a fixed income portfolio manager and trader, which is a ton of fun. PIMCO out on the West Coast, read the first thing I wrote in the Journal of Portfolio Management. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. Program didn’t feel right.

Valuation 173

Valuation Investing Investments Numbers 173

The Big Picture

NOVEMBER 25, 2024

You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. And are you saying the recession in 2020 is similar to recession in the 1950s? 00:39:28 [Speaker Changed] So this was research I wrote in 2020 after coming out of the 2020 crisis.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JANUARY 14, 2025

Maybe we should do this out from under the compliance regulations of a broker dealer? You were a portfolio manager, researcher head of trading, and apparently tech geek putting machines together. And I would say a more recent example might be covid March of 2020 when there, so I talked about a, a couple different common risks.

Management 147

Management Investing Investments Assets 147

The Big Picture

MAY 21, 2024

What, what was your experience during the first quarter of 2020 during the pandemic s and p down 34%. Because these regulated banks had to hire all these legal and compliance and expert folks to make sure we weren’t doing anything bad, right? And now we’re just assuming that’s gonna repeat over and over again.

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

JUNE 3, 2024

At TCW Barry Ritholtz : You were at the Trust company of the West, you’re a senior vice president, you’re a portfolio manager, you’re a quantitative analyst. Except during March of 2020, nothing was liquid. You definitely could have in the mar Remember the long bond in 2020 got to one. Signs him, right?]

Math 147

Math Marketing Marketing Engineering 147