Brown Advisory

MAY 3, 2018

MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. The tax-exempt status of municipal bond income has helped to mitigate price erosion when rates rise, as each dollar of interest earned from a municipal bond is worth more to many buyers than a dollar of taxable income. Municipal Index.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

MAY 3, 2018

Simple math dictates that when yields rise, fixed-rate bond prices fall. The tax-exempt status of municipal bond income has helped to mitigate price erosion when rates rise, as each dollar of interest earned from a municipal bond is worth more to many buyers than a dollar of taxable income. investment-grade tax-exempt bond market.

Taxes 52

Taxes Portfolio Valuation Clients 52

The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons. There was a good equity rebound.

Assets 148

Assets Management Investing Investments 148

The Big Picture

OCTOBER 21, 2024

I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. You know, I, it always, I I see different numbers all the time, so it’s always kinda like, who’s math if you will? He had been a tax lawyer.

Numbers 148

Numbers Banking Investing Investments 148

The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. You don’t have to pay any tax and just let the rest ride. It’s just math stick to it over long periods of time. You give out 5%.

Investing 130

Investing Investments Clients Numbers 130

The Big Picture

AUGUST 15, 2023

So for a taxable investor, hedge funds generally aren’t tax efficient. And when you look at the assets that are invested, the three trillion in hedge funds, I would guess that north of 90% of that are in institutions that don’t pay taxes. It’s part of their own tax planning. Both people are kicking money in.

Management 130

Management Investing Investments Government 130

The Big Picture

AUGUST 29, 2023

Also being cognizant of the tax implications of trading activity. They like tax-free income, but they also don’t like principal losses. And until they decide to communicate a different message, that’s what the market is going to continue to follow. It kind of made me think of a question.

Portfolio 130

Portfolio Investments Investing Numbers 130

Sara Grillo

MAY 8, 2023

They go crazy and paint it with BS statements like: Tax-free guaranteed income Can’t lose money asset Upside potential with downside protection Privatized banking Be your own bank Remember that there is a floor to the crediting rate, but that doesn’t mean you can’t lose money. Here’s why that stinks.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

JUNE 6, 2023

SETHI: When I show people for example that if you take a mortgage, you might as well just add on 50 percent to that mortgage to account for taxes, interest, maintenance, opportunity costs they are shocked they can’t believe it. It’s much deeper than math. RITHOLTZ: Right. Remember, she was about to divorce him.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

The Big Picture

JULY 29, 2024

We wanna be sure that our communications tools leverage large language models so they can be highly personalized. You mentioned the most important use case, which is tax management, also tax transition if you’re moving from one provider to another and you wanna manage your tax in the transition.

Clients 148

Clients Portfolio Financial Advisor Investments 148

The Big Picture

JANUARY 24, 2023

There was XO Communication and McLeod. I mean, if we really stretched 10 times net income, I think if we find the hot buyer, we can get the 10 times, you know, with no adjustments, no trickery after tax net income, that would be a great price for most businesses. RITHOLTZ: So it’s different math then I need 100x winner versus 99?

Investing 264

Investing Investments Numbers Banking 264

The Irrelevant Investor

JANUARY 31, 2021

People are debating ideas surrounding payment for order flow, different tax rates for different holding periods, carried interest, and disclosures, to name a few. Well, if they do 29% of GameStop trading, then according to some back of the envelope math by Eric Balchunas , they made $100 million on one stock last week. How do I mean?

Retail 52

Retail Math Investing Investments 52

The Big Picture

MARCH 12, 2024

That includes all of its changes in its property taxes, it’s, it’s depreciable life for the improvements of the assets. So that we’re still on their network, we’re still, so that technology for us to go at it stronger, we would like for those devices to communicate back to us directly. They cover everything.

Banking 148

Banking Marketing Marketing Investing 148

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. Alternatives and alternative strategies tend to be less tax efficient, more opaque.

Portfolio 148

Portfolio Management Marketing Marketing 148

The Big Picture

JULY 31, 2023

Burger King Tim Hortons, I remember very clearly because it was in the middle of those waves of kind of tax dodgy, those inversion deals. I mean, you’re talking about, I don’t, I could do the math, it’s like a 10,000% return in like three weeks. RITHOLTZ: The communication was bad also. RITHOLTZ: Right.

Retail 130

Retail Government Economy Economics 130

The Big Picture

JULY 15, 2024

I started out math and, and physics, and in high school I was a rock star in math and physics. Now, I participated in some of that as a research analyst by looking at companies like Total Access Communications that tie wireless company, PL dt, Philippine, long Distance Telecom. But those guys are great, right? Cents a dollar.

Portfolio 148

Portfolio Banking Management Portfolio Management 148

The Big Picture

MAY 16, 2023

They kept the reputation intact by communicating with their investors. So this is the math that I applied. So think about this, do the math. How do I go about protecting this giant pool of capital and how do I not get killed tax wise? LINDZON: They have their own tax problems. RITHOLTZ: Right. Do you sell it?

Media 291

Media Investing Investments Valuation 291

The Big Picture

SEPTEMBER 26, 2022

And so the idea of this product was you plug the game cartridge, they had a communications capability, a modem built in, and you could download video games, almost like having an in-home arcade, like a Netflix for video. The math never seems to work out. Hayes, the communications modem company was in Atlanta, Georgia.

Startup 174

Startup Investing Investments Numbers 174

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. There should be no surprise here.

Banking 59

Banking Healthcare Government Budgeting 59

The Big Picture

OCTOBER 3, 2023

We dive deep into all sorts of things about running businesses, managing risk, and then when we began talking about his public sector service, we went deep into the Tax Cuts and Job Act of 2017. 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.

Taxes 281

Taxes Banking Clients Management 281

The Big Picture

APRIL 1, 2025

Oh yeah, no, it was, it was like they, they didn’t want to, and I, of course was going through communications as officials and they never respond properly, but his name was Ron Walters. He, like, he stopped doing math and science when he was like seven years old. I need your papers to get your taxes filed. Oh, really?

Government 130

Government Engineering Media Investments 130

The Big Picture

AUGUST 23, 2022

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. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive. And asked them, how much does one of these things cost, and they said, $20 million new.

Government 322

Government Banking Numbers Investing 322

Abnormal Returns

JANUARY 26, 2025

ft.com) On the brutal math of a venture capital-backed company. nytimes.com) Health Scientific communication is in chaos. wsj.com) Fun with numbers: tax burdens and GDP growth. (theblock.co) The many ways Trump can profit from his presidency, not just crypto. riabiz.com) PE-backed company bankruptcies are ticking higher.

Math 147

Math Startup Economy Communication 147