Brown Advisory

AUGUST 1, 2018

That compounding is the power of putting your money into the productive assets of businesses within the American system. In contrast, Buffett cited gold as the asset people often turn to when they are worried about the future, but gold is an unproductive asset, it just sits there doing nothing. stocks, the productive asset!

Assets 52

Assets Investments Investing Insurance 52

Brown Advisory

AUGUST 1, 2018

That compounding is the power of putting your money into the productive assets of businesses within the American system. In contrast, Buffett cited gold as the asset people often turn to when they are worried about the future, but gold is an unproductive asset, it just sits there doing nothing. stocks, the productive asset!

Assets 52

Assets Investments Investing Insurance 52

Brown Advisory

JANUARY 17, 2024

We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. 12 At Intuit’s Investor Day in September last year, management highlighted the maths within their QuickBooks SME accounting software franchise, whereby any improvement in the success rates (i.e. Dollars.

Investing 52

Investing Investments Portfolio Accounting 52

The Big Picture

AUGUST 20, 2024

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. We have to pay attention to this, and we have to understand why this is potentially a risky asset. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

MAY 13, 2025

This is a fascinating conversation if you’re at all interested in what it’s like to be part of a fast growing organization that is racking up trillions of dollars in assets, what it’s like to create new initiatives. My colleague Eric Unis wrote a column called the Vanguard Effect way back in 2016.

Clients 130

Clients Investments Investing Management 130

The Big Picture

MARCH 27, 2023

She is an author and former hedge fund trader, specializing in distressed assets. MIELLE: Well, I mean, it was a fairly new asset class. I think, you know, it’s not until probably Farallon came into existence, that it became a real asset class in itself, that stressed and distressed was a category that was thought as investable.

Assets 285

Assets Investments Investing Management 285

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing. ADMATI: OK.

Banking 204

Banking Government Insurance Taxes 204

The Big Picture

NOVEMBER 22, 2022

And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. RITHOLTZ: So generally speaking, alternative assets, that’s a tough gig to get into regardless of where you go to school. I also saw that they had some really unique assets.

Recruitment 147

Recruitment Engineering Banking Investments 147

The Big Picture

JANUARY 21, 2025

But the numbers you can’t argue with, I mean, we all know that the brutal math of investing before costs investors collectively will earn the market return after costs. And suddenly you could buy index funds that cover all of the major asset classes. They will earn that market return less, whatever they’re paying.

Investments 147

Investments Investing Management Retirement 147

The Big Picture

JUNE 18, 2024

So we think of Fidelity as like this big giant stodgy asset manager. And we wanted to, I really wanted them to move beyond the blog at, at, when I got to Barstool in 2016, it was, it was predominantly a blog operation. 00:40:26 [Speaker Changed] They, they know, they know math, they know math. It was run by women.

Media 147

Media Food Advertising Investments 147

The Big Picture

MAY 30, 2023

BRYANT: So money, unlike math, money is highly emotional. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there. I believe I love math because it doesn’t have an opinion, that’s a Melody Hobson quote. BRYANT: Pioneer, and he was an asset owner. RITHOLTZ: Right.

Banking 147

Banking Economics Business Planning Economy 147

The Big Picture

JANUARY 24, 2023

KKR was the biggest with $400 million of assets and eight people. And Forstmann Little was the second biggest with $200 million of assets, and four professionals and they hired me in as the fifth professional. RITHOLTZ: So it’s different math then I need 100x winner versus 99? Do you do distressed asset, real estate?

Investments 263

Investments Investing Numbers Banking 263

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. Asset management group had made an argument and then the investment bank says, he works here, and then the emerging market people say, what about us, and it was going on and on.

Government 321

Government Banking Numbers Investments 321

The Big Picture

OCTOBER 10, 2023

Because he was all sure he was a totally isolated math. So, so he’s brilliant at math. He goes to m i t to study, study physics and math. So brilliant enough so that sure, he goes to math camp in the summer and find, kind of finds his tribe. But in math camp, he’s not the best. And the Undoing project.

Math 162

Math Numbers Marketing Marketing 162

The Big Picture

MAY 2, 2023

RITHOLTZ: So wait, you’re, I’m trying to do the math, if you were 24 in ‘08, so you got this watch in 2000, 99? Cars are so much more expensive to maintain as a collectible asset, it’s remarkable. That came out in 2016. He gave me his Omega Speedmaster, which is a really nice watch. Storage is nothing.

Retail 173

Retail Insurance Advertising Numbers 173

The Big Picture

MAY 16, 2023

Why wouldn’t you, you can buy a fintech assets for 90, 90 cents off the dollar. So the VCs were like, we got to go after the assets under management. So this is the math that I applied. So think about this, do the math. LINDZON: But that math, if you really put it in a calculator … RITHOLTZ: Becomes a problem.

Media 290

Media Investments Investing Valuation 290

The Big Picture

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. You’ve got a big asset management business that you care about. And to hedge your position, you know, how do you hedge, you know, a a long dated future versus a short dated future?

Taxes 280

Taxes Banking Clients Management 280

The Better Letter

JANUARY 11, 2024

That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. Like it or not, the unimaginable outcomes are the ones that make the biggest spread between expected asset returns and the actual result.”

Economy 96

Economy Economics Math Banking 96

The Better Letter

JANUARY 2, 2025

UBS Asset Management said if its base case soft landing was achieved, “global equities will comfortably ascend to new all-time highs in 2024.” When Sam Bankman-Fried was at Jane Street Capital (before he became famous for FTX and convicted of fraud), he built a system to get the 2016 U.S. There were a few bulls.

Management 102

Management Marketing Marketing Economics 102