The Big Picture

JUNE 6, 2023

That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. You know, a rich life, most people expect a money book to start with a chapter on budgets. We’re going to get a budget. Everybody hates the word budget.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

Brown Advisory

JUNE 16, 2022

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. Maths has a long half-life and a DCF correctly done accounts for inflation. Recurring, non-discretionary revenues become paramount. Higher inflation leads to false growth.

Investing 52

Investing Investments Valuation Accounting 52

Good Financial Cents

APRIL 19, 2023

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! Look for freelancers with a strong work ethic who provide quality results. Think about it.

Accounting 105

Accounting Investing Investments Media 105

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? But there were a lot of other purveyors of watches that really were not super, super ethical folks. I’m giving you a budget. He gave me his Omega Speedmaster, which is a really nice watch.

Retail 158

Retail Insurance Advertising Numbers 158

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