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Showing posts with the label Investment management

What's the Word from Buffett in 2013?

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Buffett's Letter:  Corporate Finance 101 How often have we heard investors and equity analysts say they wish they had the Buffett magic touch? That's Warren Buffett, arguably considered the best, most successful and perhaps most patient investor of all time?  How often have we heard people wonder what special analytical skills Buffett possesses? What is that something (beyond patience and wisdom from experience) he has that myriad others don't have? The story of Buffett's investment expertise has been told often. Buffett the investment expert operates via the investment vehicle Berkshire Hathaway, Inc.  He has been the investing world's best-known value investor and relies, as he did decades ago, on old-fashioned, traditional investment analysis, the same tools, principles and techniques he picked up when he first encountered the conventions of Graham-Dodd analysis in school. Buffett studied Graham-Dodd principles (thoroughly explained in the 1940 book Security Anal...

Consortium MBA: Going the Entrepreneur Route

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Consortium Alumnus Boomer Sometimes experienced professionals among minority groups choose the route of being an entrepreneur--taking a risk and having the courage to go out on their own. They do so, once they figure out the timing and are confident about resources, opportunity, and often family support and understanding. There is a long history of blacks, Latinos and women, who gained experience at established institutions and decided to start their own firms in banking, brokerage, or investment management. Muriel Siebert, widely known as a pioneer in the industry, started her own retail brokerage decades ago after a long stint as New York state's supervisor of banking.  Her firm evolved partly into Siebert Branford Shank, now an established women- and minority-owned firm and prominent in municipal finance.  MR Beal, Loop Capital, Guzman, W.R. Lazard, Blaylock, Advent, Williams Capital and Utendahl are other examples of minority firms that launched af...

The Madness of Money in March

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Consortium grad Rob Wilson There's March Madness, and then there's Rob Wilson's March Money Madness .  Once again Consortium graduate Wilson will stage his contest that runs parallel to the college-basketball national tournament. This year, the prizes are bigger. In its third year, his contest helps promotes awareness in investing and stock selections. Just like the NCAA tournament, there are brackets and rounds of competition. Participants will not project basketball winners; they must predict investment performance by choosing the stocks of companies they expect will generate the highest return during the month of March.  From week to week, just as March Madness brackets are about choosing a winner between two teams in a 64-team tournament, Money Madness also embraces "bracketology." Participants decide which of two stocks will out-perform the other. As with NCAA brackets, participants try to project the winner of several pairs of stocks in several industries....