Sat.Apr 14, 2018 - Fri.Apr 20, 2018

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This Tells You Nothing

The Irrelevant Investor

The average market strategist has a 2,943 year-end price target for the S&P 500. This is at the upper range of the typical 8 to 10% return that we expect strategists to expect every year. With an annual standard deviation of 20, an 8% average return means that stocks will return between -8% and +28% 68% of the time if they follow a normal distribution.

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Balancing Act | For Good Measure: How We Value Global Leaders

Brown Advisory

Balancing Act | For Good Measure: How We Value Global Leaders achen Wed, 04/18/2018 - 11:03 Valuation is a critical component of active investment management, yet many investors restrict themselves to a very narrow view of valuation by focusing on simple metrics like the price/earnings (P/E) ratio. In this article, Global Leaders portfolio managers Mick Dillon and Bertie Thomson discuss the dangers of oversimplifying valuation.

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Animal Spirits: Some Things We Learned

The Irrelevant Investor

Stories Discussed Asia is disrupting Silicon Valley This guy has a $76,000 pension. Per month. Germans save a lot of money. Ben says the 200-day is bullet proof. What if the future is better than we think? Everybody expects lower returns. Borrowers are pushed deeper into debt. But the next recession doesn't have to mirror the last one. How to save more money Listen here: Tweets mentioned [link] [link] [link] Charts mentioned Recommendations: The Book of Basketball The Disappeared Dark on N

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Evolving ETFs

The Irrelevant Investor

A few weeks ago Tadas Viskanta asked a bunch of bloggers the following question: What ETF, if it were launched tomorrow, would you invest in with little (or no) hesitation? Said another way what asset class or strategy is not currently (effectively) available in an ETF wrapper? My answer: Nothing. I’m content. Little did I know that just a few weeks before he asked this, iShares came out with an interesting new set of "evolved" sector ETFs.

Economy 52
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Balancing Act | For Good Measure: How We Value Global Leaders

Brown Advisory

Balancing Act | For Good Measure: How We Value Global Leaders. achen. Wed, 04/18/2018 - 11:03. Valuation is a critical component of active investment management, yet many investors restrict themselves to a very narrow view of valuation by focusing on simple metrics like the price/earnings (P/E) ratio. In this article, Global Leaders portfolio managers Mick Dillon and Bertie Thomson discuss the dangers of oversimplifying valuation.

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The What-Ifs

The Irrelevant Investor

Poker is a what-if game. What if I re-raised instead of just called. What if I got the Queen on the river. What if I just folded pre-flop. There are 2,598,960 possible hands, so if you ever played, you've agonized over the what-ifs. Life delivers an endless array of what-ifs, because we only experience one version of what could have been. A lucky break here, a chance meeting there.

Numbers 52
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The Other 95%

Brown Advisory

The Other 95% achen Mon, 04/16/2018 - 13:23 The traditional goal for a nonprofit’s investment portfolio was to earn a 5% return or so that could be used to fund the nonprofit’s programs. Today, we help nonprofits make an impact with the other 95% of their portfolio. Until recently, the role of a nonprofit’s investment portfolio was straightforward: Meet a designated annual spending rate or growth rate while preserving the underlying investment capital.

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The Other 95%

Brown Advisory

The Other 95%. achen. Mon, 04/16/2018 - 13:23. The traditional goal for a nonprofit’s investment portfolio was to earn a 5% return or so that could be used to fund the nonprofit’s programs. Today, we help nonprofits make an impact with the other 95% of their portfolio. Until recently, the role of a nonprofit’s investment portfolio was straightforward: Meet a designated annual spending rate or growth rate while preserving the underlying investment capital.

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These Are the Goods

The Irrelevant Investor

Articles Experience is a hard teacher because it gives the test first, and only then provides the lesson. By Carmen Sanchez and David Dunning Seeking out problems for which no solution currently exists By Amanda Cantrell It’s an uncertain business By Ben Smith Being human is being able to enjoy life By Khe Hy You couldn’t pay me six-figures to take back the experiences I had during my four years of college.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.