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 Maths has a long half-life and a DCF correctly done accounts for inflation. GAAP in 2002 7.

Investments 52

Investments Investing Accounting Valuation 52

The Big Picture

JUNE 6, 2023

That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. It’s much deeper than math. There’s something qualitatively different about buyers and non-buyers. Do it my way. SETHI: Yes, I think I became more comfortable.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

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. You mentioned superstars before.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

JULY 19, 2022

And when I was studying in university economics, I did not really get the passion. And so, I write about it both — I do know, the simple maths about it how you can double shop ratios for uncorrelated strategies and then remind that it’s really difficult to find for uncorrelated strategies in long-only world. ILMANEN: Yes.

Investments 130

Investments Investing Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

Building multiple passive income streams has an additional benefit in the short term: it can make you more resilient and better able to weather economic shocks, such as what was experienced with the past housing crisis and global pandemic. Look for freelancers with a strong work ethic who provide quality results. This is your nest egg.

Accounting 105

Accounting Investments Investing Media 105

The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. I’d been ranked i i back in the seventies, if you can do the math.

Economy 147

Economy Clients Banking Economics 147

The Big Picture

NOVEMBER 15, 2022

So as much as I’m personally still a pretty strong skeptic of active management, I mean, I understand the math, and the odds are not in your favor. I read all those academic papers, I understand where the math comes from. It’s how math works. There’s no economic incentive for anybody to change any of that.

Management 278

Management Assets Portfolio Investments 278