Brown Advisory

JANUARY 17, 2024

One of our colleagues, Ken Stuzin, likens portfolio construction to Darwinian Investing – it is about survival of the fittest. In a concentrated portfolio, it is the losers that kill you. Statistically, these are known as Type 1 errors of commission (or inclusion) having fallen for a false positive signal.

Investing 52

Investing Investments Portfolio Compliance 52

The Big Picture

JANUARY 24, 2023

So you sell a lot of houses and you get commission on what you sell. RITHOLTZ: So it’s different math then I need 100x winner versus 99? I don’t have — coming from a family business, we say we don’t have portfolio theory. It’s much more equivalent to being a house broker than owning the house.

Investing 257

Investing Investments Numbers Banking 257

Sara Grillo

MAY 8, 2023

Financial advisor, and let’s just even suppose I’m a fee-only advisor just for the purpose of simplicity, I do not sell insurance, I don’t get compensated for insurance, I can accept commissions if someone needs term life, I refer them to the insurance agent down the street. Excuse exactly.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

JUNE 27, 2023

Not only did he serve on the Brady Commission looking at the ’87 crash, but his history of investing and trading and public service, both at the Fed and the Chicago Board of Trade and Treasury Department, really unparalleled, as well as just a pretty amazing track record as an investor and trader. And they do throw tantrums.

Math 141

Math Risk Management Management Marketing 141