Remove Engineering Remove Fiduciary Duty Remove Numbers
article thumbnail

Investing in Pigs and Kidneys: Building a $100 Billion Empire and Revolutionizing Organ Transplants

Investing Caffeine

The severity of the organ shortage problem is clear-cut if you examine the numbers. United Therapeutics has pioneered genetically engineered pig organs ( xenotransplantation ) by modifying 10 key genes to prevent immune system rejection. One wordpigs.

article thumbnail

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Ilana Weinstein

The Big Picture

And number two, it may interest you to know, here are four or five different funds in the same situation. These are big numbers. We love, but at the end of the day, They have a fiduciary duty to their LPs to hire the best person. And I realized I have his home number. RITHOLTZ: Wow. WEINSTEIN: We love diversity.

article thumbnail

The Other 95%

Brown Advisory

The “other 95%” of the portfolio existed solely as a financial engine. This specificity helps guide the nonprofit’s board and investment committee members as they carry out their fiduciary duty. The concept of ethical screening in portfolios is not new—religious institutions have screened their portfolios for years.

article thumbnail

The Other 95%

Brown Advisory

The “other 95%” of the portfolio existed solely as a financial engine. This specificity helps guide the nonprofit’s board and investment committee members as they carry out their fiduciary duty. The concept of ethical screening in portfolios is not new—religious institutions have screened their portfolios for years.

article thumbnail

Transcript: Gretchen Morgenson

The Big Picture

That’s a shocking number. I think there’s a number we have in the book, maybe $70 million or something in fees to take care of. It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. They knew the numbers.

Insurance 147