Brown Advisory

NOVEMBER 29, 2016

Rising economic and political risks— including weak global growth and increasing nativism and protectionism in several countries such as the U.S., For example, we found opportunity in small-cap stocks during their 2016 rally because of their relatively low valuations and limited vulnerability to flagging global economic growth.

Nonprofit 52

Nonprofit Asset Allocation Portfolio Budgeting 52

The Big Picture

DECEMBER 14, 2022

MCCARTHY: I’d back up actually a little bit further in thinking about how did I get there, because I don’t think it was very obvious actually that I would come out of Yale with an ethics, politics and economics degree — RITHOLTZ: Perfect really, right? MCCARTHY: — and end up in M&A on Wall Street. RITHOLTZ: Right.

Assets 154

Assets Investing Investments Portfolio 154

The Big Picture

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What are the, you know, I’d literally have it in my handheld.

Sales 130

Sales Numbers Taxes Marketing 130

The Big Picture

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. BARATTA: I think it was 2005, when we started to look at in China and in India, in particular, and also Japan. So we share themes and we share these economic signals.

Assets 154

Assets Investing Investments Valuation 154

The Big Picture

MARCH 12, 2024

It was a wild ride because by the time you got, well, so in 2005, we went on a road show trying to tell people what we had learned, and there wasn’t a lot of reception. And in the 2000 at the 2005 conference, it’s kind of wild. Maybe the market hadn’t priced something properly. Sean Dobson : It was a wild ride.

Banking 143

Banking Investing Investments Marketing 143

The Big Picture

JULY 19, 2022

And when I was studying in university economics, I did not really get the passion. ILMANEN: It’s always good to think of starting yields and valuation sort of two sides of the same coin. Those types of excess savings were sort of the culprit for the conundrum in 2005 or whatever it was. Explain that. RITHOLTZ: Right.

Investing 130

Investing Investments Valuation Portfolio 130

Brown Advisory

MAY 16, 2016

In the 51 years since Buffett took control, Berkshire Hathaway has grown from a small, economically challenged textile company to one of the largest U.S. Low rates also raise valuations for business acquisitions. Ruane passed away in 2005. Berkshire Hathaway. Berkshire is the fifth most valuable company in the U.S. in the bush.

Insurance 52

Insurance Investing Investments Banking 52

The Big Picture

NOVEMBER 21, 2023

We, we made in 2005, I believe. That 00:15:42 [Speaker Changed] Was first AI investment, 2005. It was about $170 million valuation. 00:59:32 [Speaker Changed] So, so in late 21, 20 22, valuations had gotten a touch frothy in, in both the public and the private markets. Fair Cast was an investment, a series B investment.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

SEPTEMBER 26, 2022

But thankfully, the next decade, things really accelerated in terms of the growth of the company and growth in the valuation, things like that. Initially, it was started in 2005 and it was called Revolution, but it was just my capital. We’ve been at it for coming on a decade, had only a couple 100,000 customers. RITHOLTZ: Right.

Startup 164

Startup Investing Investments Numbers 164

The Big Picture

OCTOBER 31, 2022

When I look back at 2005, ’06, ’07, yeah, those growth stocks that collapsed from way too high, probably were too low. RITHOLTZ: Did you see the Liberty Street Economics research paper? SCHWARTZ: But even broad developed markets, they’re half the valuation of the U.S. But in the postwar period, we’ve had the cycles.

Numbers 143

Numbers Investing Investments Marketing 143