The Big Picture

APRIL 16, 2023

New York Times ) • The False Promise of Opportunity Zones : Tax breaks for investors don’t help poor communities. Just a $20 Tip : The Brutal Math of Uber Eats and DoorDash Delivery drivers were hailed as pandemic heroes. The sale netted the GOP megadonor two vacant lots and the house where Thomas’ mother was living.

Math 273

Math Government Taxes Sales 273

The Big Picture

JANUARY 24, 2023

We had Ziff Davis magazines that we sold to Mr. Son and started Masayoshi Son’s career. 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. KLINSKY: Yeah.

Investing 260

Investing Investments Numbers Banking 260

The Big Picture

JUNE 20, 2023

She has worked at “Money Magazine”, “Forbes”, “Worth”, all over the place. You started as an assistant editor at Vogue Magazine in the late ’70s. RITHOLTZ: They just wanted to have a little, “Hey, let’s speak to women in our magazine.” Let’s talk about tax loopholes. MORGENSON: At Vogue.

Insurance 144

Insurance Healthcare Retail Medicine 144

The Big Picture

JULY 31, 2023

HOFFMAN: It was called “Wednesday Journal” and they ran a bunch of weekly newspapers and a monthly parenting magazine called “Chicago Parent” That was my, truly my first job was running, I was their web editor. 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.

Retail 130

Retail Government Economy Economics 130

The Big Picture

NOVEMBER 21, 2023

The first big article, I think it was Fortune Magazine, Bethany McLean took a year for the stock to collapse a full year. So here’s the math, Barry. If you start with a thousand and you only have an addition of $750 a year, okay, families can contribute to that, your 00:44:48 [Speaker Changed] Corporate tax free.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

MAY 16, 2023

If you were interested in venture capital and you were on the East Coast, the only way you could learn anything was like fast money or I’m sorry, a fast company or wired magazine. He used to write at Smart Money Magazine. So this is the math that I applied. So think about this, do the math. RITHOLTZ: Right.

Media 284

Media Investing Investments Valuation 284

Brown Advisory

AUGUST 1, 2018

Berkshire’s book value growth is after tax, while the S&P Index return is pretax. That doesn’t deliver much real return, especially if you pay taxes. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand.

Assets 52

Assets Investments Investing Insurance 52

Brown Advisory

AUGUST 1, 2018

Berkshire’s book value growth is after tax, while the S&P Index return is pretax. That doesn’t deliver much real return, especially if you pay taxes. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand.

Assets 52

Assets Investments Investing Insurance 52

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 they said as a result of them earning zero, the $230 million of taxes that was paid in the previous year is paid in error and we’d like that money back. It is $2 billion on the ship.

Government 318

Government Banking Numbers Investing 318