Brown Advisory

JUNE 16, 2022

The great freeze on free money has arrived with a jolt as inflation cleaves through the global economy. We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. Recurring, non-discretionary revenues become paramount.

Investing 52

Investing Investments Valuation Accounting 52

Good Financial Cents

APRIL 19, 2023

Thanks to the likes of Airbnb and others, these sharing economy services have shown us it’s not so scary! Rental car agencies (Enterprise, Avis, Budget, etc.) The math when paying down debt is simple – if your loan is currently at 7% and you refinance at 3%, that’s equivalent to a 4% return on your money! Think about it.

Accounting 105

Accounting Investing Investments Media 105

Brown Advisory

AUGUST 1, 2018

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, or have budgets and strategic plans at the parent company, though some of the subsidiaries do. Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man.

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, or have budgets and strategic plans at the parent company, though some of the subsidiaries do. Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man.

Assets 52

Assets Investing Investments Insurance 52