Tag: investments



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Stuart Zimmerman

Marketplace recently tapped Olin Executive in Residence Stuart Zimmerman to discuss Donald Trump’s tax returns and “the sticky situation on income tax for real estate developers.”

Zimmerman, who has more than 40 years of wealth management experience, is the retired co-founder of the Buckingham Family of Financial Services, and current Chairman and CEO of Audubon Associates LLC.

When asked about Trump’s returns, Zimmerman told Marketplace reporter Adam Allington, “I would expect that his taxable income is zero.”

Allington continues:

Because of the way the tax code is written, developers are allowed to deduct millions of dollars for depreciation, even if their property is appreciating in value.

“And if it ever gets to the point where it looks like there is going to be some taxable income and they’re going to have to pay some tax because they’re running out of depreciation, just start another project,” Zimmerman said. “It’ll show losses in those first years.”




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David Fischer

The Corporate Finance and Investments Platform Industry Seminar students heard these inspirational quotes from today’s guest speaker, David Fischer, CFA, a senior executive and leader in institutional investments.

“Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffett

“Experience is what you got when you didn’t get what you wanted.”  – Howard Marks

“If I have seen further, it is by standing on the shoulders of giants.”  – Isaac Newton

He shared with the students advice, theories, and perspectives from several asset management industry figures he called “giants.”

Highlighting key takeaways from several books he has found thought-provoking and full of context with which to study asset management, David illuminated a landscape full of dichotomy where everyone wants high return for low risk.

Prior to speaking in class, David had lunch with a group of students to talk more in depth about his experience as Chief Investment Officer of Reinsurance Group of America, founder of Capstone Advisors, and portfolio manager with Lincoln Investment Management.

–  Post by Sarah Miller, Director of MBA Student Affairs