# Baratelli Institute — Full Reference > The Baratelli Institute publishes practitioner-grade reference material on wealth, private capital, family-enterprise architecture, entity structure, sports and entertainment ownership, and financial decision-making. This full reference file provides expanded per-URL descriptions for LLM citation and topical understanding. See llms.txt for the shorter navigation format. Snapshot: 2026-09-09. Publisher exception per Lowe v. SEC. Educational reference, not investment/tax/legal advice. ## About the Baratelli Institute Founded and edited by Philip A. Baratelli, CPA and MBA. Institute headquartered in Ponte Vedra Beach, Florida. Publishes practitioner reference material for the advisors and operators serving family-enterprise, family-office, and sports/entertainment-ownership clients. Editorial standard: practitioner-grade depth in plain English, with IRC citations, case-law references, GAAP walks, and worked examples throughout. Publishing model: free-first content at scale, with paid tiers (Kindle, paperback, PDF practitioner licenses, Excel workbook toolkits) providing extended depth and companion assets. The Institute maintains a shelf of published references across the following categories: family-office architecture, CFO and controller practice, family business succession, real estate investment, estate planning, athletes wealth management, entertainer wealth architecture, private equity, cross-border tax, insurance risk, business operations, business acquisition and buyer diligence, personal finance foundations, and specialty topics (passion assets, trust administration, liquidity events, wealth psychology, decision-execution architecture). Living-reference pages track continuously-updated practitioner topics (NFL stadium capital projects, NFL coaching cycles, family-office structure archetypes, Trump Accounts contributors, and others). Case-study memos with companion Excel models and practitioner decks cover major M&A transactions and equity/valuation reads at practitioner depth. ## Guides (primary practitioner references) ### Moved URL: https://baratelliinstitute.com/guide-ai.html Last updated: 2026-07-11 ### Auto Repair in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-auto-repair-plain-english.html Last updated: 2026-08-07 Auto Repair in Plain English — the accessible plain-language guide. The car conversation for owners — how repair shops price, what the estimate really says, and how to know when to say yes. $49 · PDF + Excel worksheet package. ### Athletes' Wealth Playbook URL: https://baratelliinstitute.com/guide-awp.html Last updated: 2026-07-19 A reference for the 3-15 year career window when income is enormous and the wrong decisions can't be undone. Five editions in one license: Pro, College/NIL, High-School, Coach-Parent, Veteran/Second-Contract. Plus the booster-to-library bridge for the wealthy donors who fund the program. ### Bankruptcy & Debt Relief in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-bankruptcy-debt-plain-english.html Last updated: 2026-08-07 Bankruptcy & Debt Relief in Plain English — the accessible plain-language guide. What bankruptcy really is, Chapter 7 vs. 13, what you keep, and the hopeful life after — a calm, honest guide for anyone drowning in debt. $49 · PDF + Excel worksheet package. ### Business Buyer's Guide URL: https://baratelliinstitute.com/guide-bbg.html Last updated: 2026-07-19 A reference for the search-fund operator, ETA principal, family-business successor, and individual buyer acquiring a $2-30M EBITDA closely-held business. SBA-7(a), seller financing, QofE, working capital peg, post-close 100-day plan. ### Business Operator's Blueprint: TOC, Lean, DBS, Deming Integrated URL: https://baratelliinstitute.com/guide-bop.html Last updated: 2026-07-30 When to use Theory of Constraints, Lean/TPS, Deming, or Danaher's DBS. Integration framework for the owner-operator and fractional COO of a $2-30M business. ### The US GAAP ↔ IFRS Bridge URL: https://baratelliinstitute.com/guide-bridge.html Last updated: 2026-06-23 The practitioner's manual for moving between US GAAP and IFRS — 25 difference topics with worked examples and journal entries, two reconciliations, 15 industry cases, group-reporting workflow, and a free companion Excel workbook. $99. ### Cross-Border Wealth Playbook — The Reference for a Life Across Borders URL: https://baratelliinstitute.com/guide-cbwp.html Last updated: 2026-07-19 A 40-chapter practitioner reference for the internationally mobile individual, the cross-border family, and the advisor who serves them. Residence, double taxation, the US-situs trap, the move itself, succession, citizenship as an asset, and the global family office. 204pp PDF + 10-model workbook + 5 free decision tools. Sold on its own; the companion International Tax & Cross-Border Wealth guide completes the cross-border practice. ### The CFO & Controller's Reference Guide URL: https://baratelliinstitute.com/guide-cfo.html Last updated: 2026-07-19 A reference for sitting CFOs, controllers, fractional CFOs, and the PE operating partners who evaluate them. 38 chapters + companion Excel workbook + 50+ AI tool prompts. ### The Creator's Money Playbook (Free) URL: https://baratelliinstitute.com/guide-cmp.html Last updated: 2026-07-19 A free 43-page playbook for creators turning lumpy platform income into durable wealth. Nine chapters in three parts, a composite running case ($0 to $400k), a one-page Starter Checklist, a plain-English glossary, and a full library of AI prompts. By Philip A. Baratelli, CPA, MBA. ### Contracts & Business Law in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-contracts-plain-english.html Last updated: 2026-07-19 Contracts & Business Law in Plain English — the accessible plain-language guide. Contracts, business formation, employment & IP basics, leases, and disputes — the transactional law a small business actually faces. $49 · PDF + Excel worksheet package. ### The Creators' Wealth Playbook (Coming Soon) URL: https://baratelliinstitute.com/guide-cwp.html Last updated: 2026-06-23 The forthcoming paid Creators' Wealth Playbook from the Baratelli Institute — for creators past $500k of annual platform income. Multi-entity structure, loan-out and PPLI, equity in brand deals, multi-state and international income, selling a channel or brand. Join the waitlist. ### Decide. Act. Now. URL: https://baratelliinstitute.com/guide-dan.html Last updated: 2026-07-19 Decide. Act. Now. (DAN) — the action-companion volume from the Baratelli Institute. Built around the friction-removal patterns of the people who actually take action vs. the people who just read about it. Twelve historical decisions (Leonidas, Cortez, Bezos, Iacocca, Honda, Cabrini, others) walked as decision-and-act case studies. Closes the gap between 'I get it' and 'I did it.' ### Estate Planning Decoded URL: https://baratelliinstitute.com/guide-epd.html Last updated: 2026-07-19 A reference for the practitioner translating the estate attorney into actionable client decisions. The IRC §6166, §303, §2032A toolkit. Dynasty trusts, GRATs, IDGTs, SLATs, ILITs, charitable remainder trusts. OBBBA-permanent exemption planning. Updated for the post-2025 environment. ### Planificación Patrimonial en Lenguaje Claro · Serie en Lenguaje Claro URL: https://baratelliinstitute.com/guide-estate-planning-plain-english-es.html Last updated: 2026-07-19 Planificación Patrimonial en Lenguaje Claro — the accessible plain-language guide. Testamentos, fideicomisos, poderes notariales, beneficiarios y la administración de un patrimonio — el plan que todos necesitan, en lenguaje claro. $49 · PDF + Excel worksheet package. ### Estate Planning in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-estate-planning-plain-english.html Last updated: 2026-07-19 Estate Planning in Plain English — the accessible plain-language guide. Wills, trusts, powers of attorney, beneficiaries, and settling an estate — the plan everyone needs, in plain English. $49 · PDF + Excel worksheet package. ### Family Law in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-family-law-plain-english.html Last updated: 2026-08-07 Family Law in Plain English — the accessible plain-language guide. Divorce, custody, support, property, prenups, and mediation — a calm, clear guide for a hard transition. $49 · PDF + Excel worksheet package. ### Financiar una Casa en Lenguaje Claro · Serie en Lenguaje Claro URL: https://baratelliinstitute.com/guide-financing-home-plain-english-es.html Last updated: 2026-08-07 Financiar una Casa en Lenguaje Claro — the accessible plain-language guide. La hipoteca decodificada para prestatarios — tipos de préstamos, las 4 C, puntos y PMI, leer la Estimación de Préstamo, y las leyes que lo protegen. $49 · PDF + Excel worksheet package. ### Financing a Home in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-financing-home-plain-english.html Last updated: 2026-08-07 Financing a Home in Plain English — the accessible plain-language guide. The mortgage decoded for borrowers — loan types, the 4 Cs, points and PMI, reading the Loan Estimate, and the laws that protect you. $49 · PDF + Excel worksheet package. ### Financiar una Casa en Lenguaje Claro URL: https://baratelliinstitute.com/guide-finhome-es.html Last updated: 2026-06-24 La guía en lenguaje claro sobre la hipoteca, descifrada para prestatarios — edición en español. Las 4 C, los tipos de préstamo, los puntos y el PMI, cómo leer la Estimación del Préstamo y la Divulgación de Cierre, y las leyes que lo protegen. Con una hoja de trabajo para rellenar en cada capítulo. ### La Oficina Familiar en Lenguaje Claro URL: https://baratelliinstitute.com/guide-fo-es.html Last updated: 2026-07-09 La guía accesible y en lenguaje claro sobre la oficina familiar — edición en español. Qué es realmente, si de verdad la necesita, los cuatro modelos, lo que de verdad cuesta, y cómo construirla, dotarla de personal y gobernarla. Con una hoja de trabajo para rellenar en cada capítulo. ### Family Office in Plain English · The accessible plain-language guide URL: https://baratelliinstitute.com/guide-fo-plain-english.html Last updated: 2026-07-19 Family Office in Plain English — the accessible plain-language guide. What a family office really is, whether you need one, the four models, what it truly costs, and how to build, staff, and run it. Written for the family, with sidebars for the advisor. A fill-in worksheet in every chapter. $49 · PDF + Excel worksheet package. ### State Estate & Inheritance Tax by State (2026) + Residency-Establishment Checklist URL: https://baratelliinstitute.com/state-estate-tax-by-state Last updated: 2026-08-08 A free practitioner reference on state estate and inheritance taxes across all 50 states + DC in 2026. Exemption thresholds, top marginal rates, cliff vs. graduated structures for the 13 states with an estate tax and the 5 states with an inheritance tax. Companion residency-establishment checklist walks the multi-factor domicile mechanics — physical presence, government registrations, tax filings, financial architecture, professional and family ties, business and professional ties, documentation and paper trail — that determine whether a domicile change is defensible if the origin state challenges. Written for the CPA, estate attorney, family-office CFO, and wealth advisor working with high-net-worth clients evaluating a move from a high-tax to a no-estate-tax state. ### The Family Office Reference Guide URL: https://baratelliinstitute.com/guide-fo.html Last updated: 2026-07-30 A reference for SFO/MFO principals, family-office CIOs and COOs, and the RIAs, CPAs, and law firms serving them. 37 chapters + 23 matter-workflow playbooks + companion Excel workbook. ### First Principles of Master Investing URL: https://baratelliinstitute.com/guide-fp.html Last updated: 2026-07-19 First Principles of Master Investing — a 194-page synthesis volume distilling Buffett, Munger, the Outsiders CEOs (Singleton, Murphy, Graham, Malone), Philip Fisher, and a global cast (Li Lu, BYD's Wang Chuanfu, 3G's Jorge Paulo Lemann, Japanese sogo shosha). Every chapter pairs a principle with a named case study and a show-the-math intrinsic-value walk. Built to travel across decades and continents. ### Moved URL: https://baratelliinstitute.com/guide-gent.html Last updated: 2026-07-11 ### Immigration in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-immigration-plain-english.html Last updated: 2026-08-07 Immigration in Plain English — the accessible plain-language guide. How the system works, the paths and statuses, the green-card and citizenship journey, and how to avoid notario fraud — calm and clear. $49 · PDF + Excel worksheet package. ### Seguros en Lenguaje Claro · Serie en Lenguaje Claro URL: https://baratelliinstitute.com/guide-insurance-plain-english-es.html Last updated: 2026-07-19 Seguros en Lenguaje Claro — the accessible plain-language guide. Hogar, auto, sombrilla, vida y discapacidad — además de cómo cubrir las joyas, el arte y el auto de colección que una póliza estándar deja expuestos. $49 · PDF + Excel worksheet package. ### Insurance in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-insurance-plain-english.html Last updated: 2026-07-19 Insurance in Plain English — the accessible plain-language guide. Home, auto, umbrella, life, and disability — plus how to cover the jewelry, art, and collector car a standard policy quietly leaves exposed. $49 · PDF + Excel worksheet package. ### International Tax & Cross-Border Wealth — The Practitioner Reference for US Persons with Foreign Assets, Non-US Persons with US Assets, and Families Across Borders URL: https://baratelliinstitute.com/guide-intltax.html Last updated: 2026-07-19 A practitioner reference integrating FBAR/FATCA filings, PFICs, CFCs/Subpart F/GILTI, FIRPTA, expatriation, and Streamlined Compliance Procedures — one volume for outbound, inbound, and cross-jurisdictional family work. 205pp PDF + 22-tab workbook + 5 free decision tools. Sold on its own; pairs with the Cross-Border Wealth Playbook for the full cross-border practice. A complete, practitioner-voiced reference. ### Invertir y Jubilarse en Lenguaje Claro · Serie en Lenguaje Claro URL: https://baratelliinstitute.com/guide-investing-plain-english-es.html Last updated: 2026-07-19 Invertir y Jubilarse en Lenguaje Claro — the accessible plain-language guide. Cuentas, comisiones, las personas que lo protegen, y cómo convertir sus ahorros en un cheque de jubilación. Sin jerga, sin recomendaciones bursátiles. $49 · PDF + Excel worksheet package. ### Investing & Retirement in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-investing-plain-english.html Last updated: 2026-07-19 Investing & Retirement in Plain English — the accessible plain-language guide. Accounts, fees, the people who protect you, and turning savings into a retirement paycheck — be the confident client. No jargon, no stock tips. $49 · PDF + Excel worksheet package. ### Insurance & Risk Architecture — The Risk Architect's Reference URL: https://baratelliinstitute.com/guide-ira.html Last updated: 2026-07-19 One reference for one seat in two settings: the Family-Office Risk Architect and the Corporate CFO. 39 chapters, two parallel running cases (Stillwater Family Office and Patterson Industries), companion Excel workbook, and the free-tool layer. ### Liquidity Event Playbook URL: https://baratelliinstitute.com/guide-lep.html Last updated: 2026-07-19 A reference for the founder, CFO, and advisors closing the deal that finally happens. 226 pages, 28-tab Excel workbook, 8 free web tools. Working capital peg, escrow, R&W insurance, §280G excise tax, QSBS §1202, rollover equity, post-close earnout, Q-of-E, buyer-pool taxonomy. A complete, practitioner-voiced reference. ### Money Reality — College Edition URL: https://baratelliinstitute.com/guide-mrcollege.html Last updated: 2026-07-19 Money Reality — College Edition (Volume II of IV). Practical personal finance for the real world — written for the college student living it: first apartment, first real paycheck, first 1099, the Roth-as-lottery, the rejection cascade, the no-parental-health-insurance pathway. Direct voice, real math. ### Money Reality — First Job Edition URL: https://baratelliinstitute.com/guide-mrfirstjob.html Last updated: 2026-07-19 Money Reality — First Job Edition (Volume III of IV). The merged volume covering the year after secondary school for both college grads and post-HS readers who went straight to work. First apartment, first 1099, first health insurance, first credit card, first paycheck, first compounding. Built for international use on day one. ### Money Reality: The High School Edition URL: https://baratelliinstitute.com/guide-mrhs.html Last updated: 2026-07-19 Money Reality — High School Edition. 147 pages. Financial literacy that travels with the student — compound interest as the most powerful force in finance, the Hidden Balance Sheet of activity-derived intangibles, Roth-as-lottery, sales-as-skill, the rejection cascade. Built for the high-school student, bought by parents and teachers. International edition available. ### Money Reality: The High School Edition (International) URL: https://baratelliinstitute.com/guide-mrhsi.html Last updated: 2026-07-19 Money Reality — High School (International). 173 pages. The US edition's architecture rebuilt to travel — every currency, every country. Tax-advantaged savings as the universal mechanism (replacing US-specific Roth content), currency-agnostic compounding tables, the same Hidden Balance Sheet framework and Einstein bookend. Built for international use on day one. ### The Practitioner's Guide to Private Equity URL: https://baratelliinstitute.com/guide-pe.html Last updated: 2026-07-19 A reference for founding GPs, senior partners, operating partners, and the LPs who underwrite them. 38 chapters + 9 deal-type sample models + populated IC memo, model, and deck for Project Bellwether. ### Bienes Raíces en Lenguaje Claro URL: https://baratelliinstitute.com/guide-re-es.html Last updated: 2026-06-23 La guía en lenguaje claro sobre las decisiones inmobiliarias que una persona normal enfrenta de verdad — edición en español. Comprar una vivienda, cuidarla bien, vender quedándose con lo máximo y su primer inmueble de alquiler. Con una hoja de trabajo para rellenar en cada capítulo. ### Bienes Raíces en Lenguaje Claro · Serie en Lenguaje Claro URL: https://baratelliinstitute.com/guide-real-estate-plain-english-es.html Last updated: 2026-07-19 Bienes Raíces en Lenguaje Claro — the accessible plain-language guide. Comprar una casa, ser dueño de ella bien, vender por lo más que puede conservar, y su primera propiedad de alquiler — las decisiones inmobiliarias que enfrenta. $49 · PDF + Excel worksheet package. ### Real Estate in Plain English · Plain English Series URL: https://baratelliinstitute.com/guide-real-estate-plain-english.html Last updated: 2026-07-19 Real Estate in Plain English — the accessible plain-language guide. Buying a home, owning it well, selling for the most you keep, and your first rental — the real-estate decisions a normal person actually faces. $49 · PDF + Excel worksheet package. ### Real Estate Decoded URL: https://baratelliinstitute.com/guide-red.html Last updated: 2026-07-19 An institutional practitioner reference for real-estate capital across cycles. 2026 OBBBA Edition - 414 pages, 46 chapters all at full depth, 28-tab Excel workbook, 17 free web tools. For institutional analysts, cottage operators graduating to scale, family-office allocators, CPAs and attorneys serving real-estate clients, and CRE brokers. ### Retirement Income Decoded URL: https://baratelliinstitute.com/guide-rid.html Last updated: 2026-07-19 The practitioner's manual for turning a lifetime of savings into a durable, tax-aware paycheck. 100 pages, 24 chapters across 7 parts — withdrawal order, Roth-conversion timing, Social Security, Medicare & IRMAA, sequence-of-returns risk, the survivor's tax cliff, and four worked household cases. Includes a 10-tab companion Excel workbook and four free web tools. 2026 Edition. ### Treasure Assets URL: https://baratelliinstitute.com/guide-ta.html Last updated: 2026-07-19 A reference for the practitioner whose client owns the cars, boats, watches, art, wine, or vintage collectibles. Acquisition, basis tracking, agreed-value insurance, storage, provenance documentation, lifetime gift vs bequest vs sale, the FBAR/8938 question for offshore-stored treasures. ### Trust Administration URL: https://baratelliinstitute.com/guide-trust.html Last updated: 2026-07-19 A 252-page operating manual for the trustee, trust-administrator, and the wealth advisor advising both - 44 chapters, 28-tab Excel workbook, 7 free web tools. Built around new-trustee accessibility: opening reframe 'You've just been named trustee. Read this first,' with a 30/90/365-day playbook on day one. Transfer-tax inclusion architecture (§§2033/2036/2038/2041/2042/2702), fiduciary income tax in operating depth (DNI, §645, 65-day, NIIT), SECURE 2.0 trust-as-IRA-beneficiary, the advanced structures (GRAT, IDGT, SLAT, ILIT, CRT, CLT, Dynasty, SNT, DAPT, QDOT), 50-state modernization scorecard, trustee fee landscape, distribution decisions, decanting, trustee removal, and the difficult conversations with beneficiaries. A complete, practitioner-voiced reference. ### The VA Disability Playbook · The Benefits Navigator (an imprint of The Baratelli Institute) URL: https://baratelliinstitute.com/guide-va-disability.html Last updated: 2026-07-19 The VA Disability Playbook — 137 pages, 32 chapters, 9 parts, 5 composite veteran cases, companion workbook, free 5-page primer, and 6 free interactive tools. The plain-English reference for veterans seeking the service-connected disability compensation they've earned — from the first question to the final appeal. From The Benefits Navigator, an imprint of The Baratelli Institute. Veterans Crisis Line: 988 then Press 1. ### Psicología del Patrimonio URL: https://baratelliinstitute.com/guide-wp-es.html Last updated: 2026-06-23 La guía del profesional sobre la psicología del patrimonio — edición en español. La referencia para quien sostiene la conversación de fondo: el fundador que no se retira, la próxima generación a la que no le han dicho lo que viene, el cónyuge que lleva la casa pero desconoce la estructura del fideicomiso. De mangas de camisa a mangas de camisa en tres generaciones. ### Wealth Psychology URL: https://baratelliinstitute.com/guide-wp.html Last updated: 2026-07-19 A reference for the practitioner having the underneath conversations with the family. The conversations underneath every estate plan, every liquidity event, every business succession, every family-office governance decision. The ## Case Studies (equity, valuation, and M&A reads) ### Angel Studios (ANGX) — The Community-Funded Studio · A Baratelli Institute Case Study URL: https://baratelliinstitute.com/case-study-angx Last updated: 2026-08-07 Baratelli Institute case study on Angel Studios, Inc. (NYSE: ANGX). Valuation-first read on a post-SPAC values-based media company: 2.22M Angel Guild members funding the slate, $230M NOL likely §382-limited, 303 BTC treasury, negative stockholders' equity, dual-class super-voting founder stack, related-party P&A financing. Complete memo, three-statement model, deck. Not investment advice. ### Chicago Bears — The Stadium Saga · Arlington, the Lakefront, Indiana, and the State-Tax Arbitrage URL: https://baratelliinstitute.com/case-study-bears Last updated: 2026-08-06 A worked practitioner case on the Chicago Bears stadium decision as a 30-year state-tax and family-office problem: the $197.2M Arlington Park purchase, the $4.6B Chicago lakefront proposal, the Kaegi property-tax fight, the Indiana courtship under Governor Braun, and the Halas-McCaskey estate. Sourced to Cook County Assessor filings, Illinois legislative records, IEDC materials, Sportico, Bloomberg, ESPN, and Front Office Sports. ### Belron / Safelite — The Record-Scale 2024 Dividend Recapitalization URL: https://baratelliinstitute.com/case-study-belron Last updated: 2026-08-01 A Baratelli Practitioner Case Memo on the September 2024 Belron / Safelite dividend recapitalization — the largest sponsor-controlled dividend recap on record. €8.1B raised, €4.4B extraordinary dividend to D'Ieteren + CD&R + H&F + GIC + BlackRock, leverage step-up from 2.5-3.0x to 5.5-5.8x, balance-sheet and income-statement walks line by line, sponsor tax basis buildup, E&P worked example with Rev. Rul. 74-164 tier ordering, FY2025 operating validation (~4.1x pro-forma leverage), and the 2031-2032 refi wall. Not investment advice. ### Milwaukee Bucks — The PE-Founder NBA Franchise and the Fiserv Forum Cross-Vertical URL: https://baratelliinstitute.com/case-study-bucks Last updated: 2026-08-01 The Baratelli Institute's second NBA case: the Bucks as the archetypal PE-founder-into-sports-ownership pattern. Wes Edens (Fortress) and Marc Lasry (Avenue Capital) bought the franchise from Sen. Herb Kohl in April 2014 at a then-NBA-record ~$550M, ten years later carrying Sportico's ~$4B mark. Lasry sold his stake to the Haslam Family (Pilot / Cleveland Browns) at a reported ~$3.5B enterprise value in April 2023. The 2018 opening of Fiserv Forum on a 25-year, ~$150M naming-rights deal with Fiserv is the case's differentiator — one transaction, two ledgers, cross-referenced to the Institute's Fiserv case. ### Cleveland-Cliffs — why trough EV/EBITDA is the wrong question · Case Study 04 URL: https://baratelliinstitute.com/case-study-clf Last updated: 2026-08-05 Case Study 04: A practitioner valuation of Cleveland-Cliffs Inc. (NYSE: CLF). A practitioner read of CLF at $11.23 through the HALO Trade lens: replacement value of ~$25-35B for the integrated BF/BOF + iron ore + DRI f Additional coverage of Lourenco ### Los Angeles Clippers — Ballmer, the Intuit Dome, and the NBA's Private-Financing Template URL: https://baratelliinstitute.com/case-study-clippers Last updated: 2026-09-02 The Baratelli Institute's first non-NFL sports case and the anchor of the NBA vertical. Steve Ballmer's 2014 $2B Clippers purchase from the Sterling Family Trust (the NBA transaction record of its era); the 2024 opening of the Intuit Dome as a 100% owner-financed, ~$2B purpose-built arena in Inglewood; the Microsoft-stock-based family office; the Ballmer Group philanthropic co-vehicle; and the direct comparison to Kroenke's SoFi Stadium and Jones' AT&T-anchored empire. Now also covers the NBA's September 2, 2026 salary-cap circumvention penalties in the Kawhi Leonard matter — a one-year suspension of Ballmer from all league and team activities, a $30 million club fine, five forfeited first-round picks (2029 through 2033), and a five-year compliance program — and the ownership-versus-control distinction they turn on: Ballmer's economic ownership was untouched, unlike the 2014 Sterling case in which the league moved to force a sale. ### Comcast — the NBCUniversal spin and the $37 billion sum-of-the-parts case URL: https://baratelliinstitute.com/case-study-cmcsa Last updated: 2026-08-01 An educational SOTP case study on Comcast's June 29, 2026 announcement to spin off NBCUniversal as a tax-free §355 distribution. Base-case intrinsic value $46.47 per share against $36 trading — a 29% premium and $37 billion of equity unlock. Two strategic-buyer paths developed: a PE consortium for Universal Theme Parks (2.48x MoM / 20% IRR) and Berkshire-or-Apple as the credible whole-company acquirers. ### Comstock Resources — Jerry Jones' Haynesville Bet · The natural-gas leg of the Jones family office URL: https://baratelliinstitute.com/case-study-comstock Last updated: 2026-08-01 A practitioner case on Comstock Resources (NYSE: CRK), the Frisco, Texas Haynesville Shale natural-gas producer that Jerry Jones took majority control of in 2018 and now anchors as the natural-gas leg of his family-office portfolio. The 2018 ~$620M convertible preferred investment, the 2019 $2.2B Covey Park acquisition, the 2021-2024 Haynesville pure-play consolidation, the 2024 Pinnacle midstream sale, and the LNG-export demand thesis that drives the multi-decade Haynesville call. The public-company M&A and family-office capital-allocation intersection. ### Cowboys: How Jerry Jones Turned $140M Into a $13B Empire (1989→) URL: https://baratelliinstitute.com/case-study-cowboys Last updated: 2026-08-01 A practitioner case on the Dallas Cowboys as the most-compounded family-office trophy asset in US sports history: Jerry Jones' February 1989 $140M purchase from Bum Bright compounding to a ~$12-13B Sportico franchise valuation, the AT&T Stadium build, the Legends Hospitality platform, Blue Star Innovation Partners, The Star in Frisco, and the Jones family estate transition. The top-of-distribution local-revenue benchmark against the Packers' audited anchor. ### Copart + Berkshire — the hypothetical acquisition and the duopoly-scarcity case URL: https://baratelliinstitute.com/case-study-cprt Last updated: 2026-08-01 A hypothetical practitioner case study on a Berkshire Hathaway acquisition of Copart, Inc. (NASDAQ: CPRT). Base-case owner-earnings intrinsic value ~$30 billion capitalized at 20×, ~$38 billion sum-of-the-parts against ~$27.8 billion market cap. Duopoly-scarcity framing (Moody's / S&P, Coca-Cola / Pepsi analogs). BNSF and Precision Castparts are the acquirer precedents. Not a rumor. Not investment advice. ### Delta Air Lines — six years after calling airlines "a mistake," Berkshire bought back in · Berkshire Read Case 4 URL: https://baratelliinstitute.com/case-study-dal Last updated: 2026-08-01 Berkshire Read Case 4: a practitioner read of Berkshire Hathaway's new Delta Air Lines (NYSE: DAL) stake. Six years after Buffett dumped the airlines and called it "a mistake," Berkshire bought back in — a ~$2.65B, 6.1% passive position in a transformed, free-cash-flow-generating industry. ### Danaher Corporation — The Operating-System Compounder · A Baratelli Institute Overview URL: https://baratelliinstitute.com/case-study-danaher Last updated: 2026-07-28 The Baratelli Institute Danaher Overview. An informational primer — not a valuation call — on Danaher Corporation. Walks the three-segment structure (Biotech / Life Sciences / Diagnostics), the Rales origin and philosophy, the Danaher Business System (DBS) with printable practitioner checklists (VVC, PIT, Kaizen, Gemba, 5 Whys, X-matrix, GM readiness), the DBS versus Six Sigma versus Toyota Production System comparison, the Larry Culp arc from Danaher (2001-2014) to GE (2018-present), the three Danaher spinoffs (Fortive, Envista, Veralto), the Rales family-office estate architecture, and Danaher's place in the four-archetype compounder taxonomy alongside Berkshire, Constellation, and LVMH. Free memo, model (29 tabs — 21 case-anchored tabs plus a new full three-statement financial model built to Wall Street industry standard), DBS toolkit (8 tabs), deck, and combined print edition. Not investment advice. ### Dell — how a sub-$5B equity check became ~$202B · The Michael Dell Buyout URL: https://baratelliinstitute.com/case-study-dell Last updated: 2026-08-03 A worked LBO teaching case on Michael Dell's 2013 take-private of Dell. A ~$4.6B personal equity check compounded to roughly $202B over 13 years (~44x, ~34% IRR) through the EMC/VMware deal, the 2018 re-listing, and the 2023 Broadcom transaction. Cross-checked to Bloomberg's ~$212B. Built from public SEC filings and market data. ### Dream Finders Homes / Beazer Homes — The $2.2B Cyclical Rollup URL: https://baratelliinstitute.com/case-study-dfh Last updated: 2026-08-07 A Baratelli Practitioner Case Memo on the August 7, 2026 Dream Finders Homes (NYSE: DFH) acquisition of Beazer Homes (NYSE: BZH). $33.50/share cash, $915M equity, $2.2B enterprise value including assumed debt. Six-month pursuit, four rejected offers, 78% premium from disclosed baseline. Combined company becomes the 6th-largest US homebuilder with ~520 active communities across 26 markets. Founder-led acquirer Patrick Zalupski — the same founder who agreed to buy the Tampa Bay Rays — buying a competitor at the cyclical low. Full memo, three-statement model, and practitioner deck landing later this week. Not investment advice. ### Apollo's £5.7B Take-Private Bid for easyJet · Baratelli Practitioner Case Memo URL: https://baratelliinstitute.com/case-study-easyjet Last updated: 2026-08-06 A Baratelli Practitioner Case Memo on Apollo Global Management's 10 July 2026 Rule 2.4 take-private bid for easyJet plc — £7.15 per share, £5.7B equity value, 81% premium to pre-bid close. Bidder profiles, purchase-price and premium analysis, latest FY25 audited + H1 FY26 interim + Q3 FY26 trading update walked, illustrative sources and uses, sponsor return sensitivities, EU regulatory path including the airline ownership rule, stub equity alternative, comparable European airline take-privates, downside case, and the Baratelli view. Not investment advice. ### Fiserv — payments-infrastructure scale at compressed multiples · Case Study 05 URL: https://baratelliinstitute.com/case-study-fiserv Last updated: 2026-08-06 Case Study 05: A practitioner valuation of Fiserv Inc. (NASDAQ: FI). A practitioner read of FI at $57.13 after the 68% drawdown: $4.4B FY2025 free cash flow at 93% conversion, $5.6B / 32.2M shares of FY2025 bu Coverage of Fiserv First Data merger, Clover POS ### Alphabet — Berkshire's first tech Read after Apple · Berkshire Read Case 3 URL: https://baratelliinstitute.com/case-study-googl Last updated: 2026-08-01 Berkshire Read Case 3: a practitioner read of Berkshire Hathaway's Alphabet (NASDAQ: GOOGL) stake. First disclosed in the Q3 2025 13F and roughly tripled in Greg Abel's debut quarter to ~58M shares; ~$25.4B committed pro forma, a top-five holding, a wide-moat cash machine at a rational ~29x. ### Herbalife — a free-cash-flow franchise at a regulatory-discount multiple · Case Study 06 URL: https://baratelliinstitute.com/case-study-hlf Last updated: 2026-08-05 Case Study 06: A practitioner valuation of Herbalife Ltd. (NYSE: HLF). A practitioner read of HLF at $13.15 (updated 7/10/26 close, Q2 2026 print due 8/5/26): ~$668M trailing adjusted EBITDA, April 2026 refinancing delivering ~$45M annual cash interest savings, deleveraging from 3.5x to 1.5x net, and a working valuation range of $14-$28 vs. the live $13.15. ### Jaguars EverBank Stadium: $1.4B Renovate-Not-Relocate Deal URL: https://baratelliinstitute.com/case-study-jaguars-stadium Last updated: 2026-08-01 A practitioner case on the Jacksonville Jaguars' ~$1.4B EverBank Stadium renovation: Shad Khan's decision to renovate instead of new-build or relocate, the Duval County / City of Jacksonville / Florida public-private split, Khan's Shipyards ancillary real estate, Florida's 0% state income tax advantage, and the small-market NFL playbook. The first application of the Institute's NFL stadium anatomy framework. ### Coca-Cola — the 37-year position Berkshire will never sell · Berkshire Read Case 6 URL: https://baratelliinstitute.com/case-study-ko Last updated: 2026-08-01 Berkshire Read Case 6: a practitioner read of Berkshire Hathaway's Coca-Cola (NYSE: KO) stake. Held since 1988, 400M shares, ~9.3% of the company, ~$816M annual dividends, a yield-on-cost north of 60%, fairly priced at ~26x — and the ~$14B IRS transfer-pricing tail risk hiding in the footnotes. ### Lyft — the FCF machine the market is treating as an SBC story · Case Study 03 URL: https://baratelliinstitute.com/case-study-lyft Last updated: 2026-08-06 Case Study 03: A practitioner valuation of Lyft Inc. (NASDAQ: LYFT). A practitioner read of Lyft at $13.90: ~21% FCF yield, buybacks reducing FY2025 share count ~18M, and a contrarian view that the AV bull nar ### LVMH — the family-controlled global champion, the real-estate hidden asset, and the Arnault succession URL: https://baratelliinstitute.com/case-study-mc Last updated: 2026-08-01 A practitioner case study on LVMH Moet Hennessy Louis Vuitton. Real estate at market vs. book, the Bulgari + Belmond + Cheval Blanc hospitality portfolio, DFS airport concessions, Financiere Agache holding architecture, the five Arnault children succession seating, the November 2019 Tiffany announcement through the December 2024 fire at 727 Fifth Avenue, and the Nicolas Puech shares scandal at Hermes. Not investment advice. ### Green Bay Packers — The only audited NFL team · What FY2024 reveals about the league URL: https://baratelliinstitute.com/case-study-packers Last updated: 2026-08-03 A practitioner case on the Green Bay Packers, Inc. as the only publicly-owned, financially-transparent NFL franchise: FY2024 revenue $654M, national revenue ~$402M, local revenue ~$252M, operating profit $83.7M, corporate reserve ~$536M, ~361,000 shareholders. The Packers' audited books are the single window into NFL league economics and the calibrating reference for every other team's implied numbers. ### Paramount / Warner Bros. Discovery — The $110B Megamerger · A Baratelli Institute Case Study URL: https://baratelliinstitute.com/case-study-paramount-wbd Last updated: 2026-08-03 Baratelli Institute case study on Paramount Skydance's proposed $110B acquisition of Warner Bros. Discovery. Complete portfolios of both companies, combined entity view, dedicated sports rights section (NFL AFC + SEC + UFC vs. NBA departure), 12-state antitrust lawsuit walkthrough, sum-of-the-parts (SOTP) valuation, Middle East financing, Zaslav exit package. Free memo, model, deck. Not investment advice. ### Penske Automotive — Why Berkshire Is The Natural Buyer, If The Family Ever Sells URL: https://baratelliinstitute.com/case-study-penske Last updated: 2026-08-01 A Baratelli Practitioner Case Memo on Penske Automotive Group (NYSE: PAG). Berkshire Hathaway owns ~19% of PAG, Roger Penske is 89, and the memo maps four succession outcomes across three entities (PAG + Penske Corporation + PTS). Berkshire is the natural counterparty in one plausible outcome. Not a forecast — an architecture map. Includes a full Section 8 estate framework covering seven planning mechanisms with IRC citations (§6166, §303, IDGT, GRAT, CLT, life-insurance liquidity, Pennsylvania-domicile considerations) and cross-links to the Institute's Family Business Succession, Estate Planning Decoded, and Family Office Reference guides. Not investment advice. ### Rams: SoFi Stadium, Hollywood Park & the Kroenke Empire URL: https://baratelliinstitute.com/case-study-rams Last updated: 2026-08-01 A practitioner case on the Los Angeles Rams as the direct comparable to the Cowboys: Stan Kroenke's 2010 $750M majority acquisition compounding to a ~$8B Sportico franchise, the 2016 relocation from St. Louis, SoFi Stadium as the $5.5B 100% privately-financed largest sports facility in history, the Hollywood Park 298-acre mixed-use development, the Kroenke Sports & Entertainment portfolio (Rams, Nuggets, Avalanche, Rapids, Mammoth, Arsenal FC, plus the Los Angeles Angels under an agreement reached September 1, 2026 that has not closed), and California's 13.3% top marginal state tax as the structural counter-bet to Jerry Jones' zero-tax Texas. ### Seattle Seahawks — $194M to ~$5B+ · The Paul Allen franchise arc and the 2025-26 sale URL: https://baratelliinstitute.com/case-study-seahawks Last updated: 2026-08-04 A worked practitioner case on the Seattle Seahawks as a private business: Ken Behring's 1988 purchase, Paul Allen's 1997 rescue at ~$194M, the Vulcan-era stewardship, the 2013 Super Bowl win, franchise-value compounding to ~$5B+, and Jody Allen's 2025-26 sale process. Sourced to Sportico, Forbes, Bloomberg, ESPN, and NFL filings. ### Can SpaceX Defend $1.75 Trillion? · Case Study 01 URL: https://baratelliinstitute.com/case-study-spacex Last updated: 2026-08-01 Case Study 01: A practitioner reading of the SpaceX S-1, published 24 hours after filing. Free downloads of the full case study, Library Crosswalk, and Media One-Pager. Base case $1.55T. NOL shield worth $4-5B PV. Coverage of Starlink, Starship, Falcon 9 ### Samsung — The Lee Family Architecture, the KRW 12 trillion inheritance tax event, and the chaebol keystone URL: https://baratelliinstitute.com/case-study-ssn Last updated: 2026-08-01 A practitioner case study on Samsung Electronics and the Lee family. The KRW 12 trillion inheritance tax settlement completed May 2026, the chaebol cross-shareholding architecture centered on Samsung Life Insurance, the Lee Kun-hee art collection donation, and the reference structure for multi-generational family control in a 60% marginal-rate jurisdiction. Not investment advice. ### The University of Texas Longhorns Football Program as an Enterprise — Institute Case CS-CF-01 URL: https://baratelliinstitute.com/case-study-texas.html Last updated: 2026-07-31 Institute Case CS-CF-01. The University of Texas at Austin football program treated as a stand-alone entertainment enterprise: post-SEC transition, Longhorn Foundation donor architecture, DKR-Texas Memorial Stadium capex, coach compensation, NIL and revenue-share economics, implied enterprise value. ### Taylor Morrison — Berkshire's $8.5B all-cash acquisition, the practitioner read · Berkshire Read Case 1 URL: https://baratelliinstitute.com/case-study-tmhc Last updated: 2026-08-01 Berkshire Read Case 1: a practitioner read of Berkshire Hathaway's $8.5B all-cash acquisition of Taylor Morrison Home Corporation (NYSE: TMHC). $72.50/share, 1.08x book, 6.6x trailing Adj. EBITDA, owner-CEO stays — the Berkshire-discipline deal in unfamiliar clothing. ### Universal Music Group (UMG) — Institute Case Study URL: https://baratelliinstitute.com/case-study-umg.html Last updated: 2026-08-07 Universal Music Group (UMG) — Institute case study on the world's largest music catalog. Valuation walk, 9-quarter FCF, ownership structure (Tencent, Bolloré, Pershing Square), streaming ARPU pressure, catalog annuity mechanics, mid-cycle reset thesis. Source-cited practitioner treatment from The Baratelli Institute. ### New York Yankees — The MLB partial-observability anchor · Steinbrenner, YGE, YES Network, Legends URL: https://baratelliinstitute.com/case-study-yankees Last updated: 2026-08-01 A practitioner case on the New York Yankees as the closest MLB analog to the audited Packers anchor: George Steinbrenner's 1973 $8.7M purchase compounded to Sportico's ~$7.9B 2024 mark, Yankee Global Enterprises as one of the longest-tenured US sports family offices, the YES Network partial-observability window (2014 Fox valuation ~$4B, 2019 consortium buyback ~$3.5B, implied ~$220M EBITDA), the ~$2.3B 2009 Yankee Stadium build, the never-sold naming rights, Legends Hospitality as the Steinbrenner/Jones co-venture, and the 2010 estate-tax-lapse timing that transferred a ~$1B+ estate at $0 federal estate tax. The MLB vertical opens here. ## Acquisition Records (living references for major compounders) ### 3G Capital Acquisitions, 1971-2026 (AB InBev, Kraft-Heinz) URL: https://baratelliinstitute.com/3g-capital-acquisitions Last updated: 2026-08-03 Every 3G Capital deal since 1971 — Anheuser-Busch, SABMiller, Burger King, Tim Hortons, Heinz, Kraft-Heinz, ZBB. Sortable, free. ### AB InBev Acquisitions: 3G's 37-Year Roll-Up, $103B SABMiller URL: https://baratelliinstitute.com/abinbev-acquisitions Last updated: 2026-08-03 What AB InBev owns — Anheuser-Busch (2008, $52B), SABMiller (2016, $103B), Grupo Modelo, plus AmBev's Coca-Cola FEMSA and Latin America bottling stakes. Every deal since Brahma in 1989 under the 3G Capital operating template. 71 rows, sortable, free. ### AB InBev Brands Ledger: 90 Beers (Budweiser, Corona) URL: https://baratelliinstitute.com/abinbev-brands-ledger.html Last updated: 2026-07-11 Every material AB InBev beer brand — Budweiser, Corona, Stella, Beck's, Michelob Ultra, Brahma, Skol, Castle. 500+ globally. Sortable, free. ### The Baratelli Institute Acquisition Records · Every Deal, Every Compounder · Living Reference Collection URL: https://baratelliinstitute.com/acquisitions Last updated: 2026-08-01 Every acquisition Berkshire, LVMH, Danaher, Blackstone, Microsoft, Alphabet, Apollo, PIF, Temasek, and 14 other compounders have made — 23 living references. Free, sortable, updated. Directory of every acquisition ledger the Institute maintains ### Aditya Birla Acquisitions: Every Deal, 1857–2026 (Novelis, UltraTech) URL: https://baratelliinstitute.com/aditya-birla-acquisitions Last updated: 2026-08-01 Every Aditya Birla Group deal since 1857 — UltraTech / India Cements ($1.4B, 2024), Novelis ($6B, 2007), Hindalco, Grasim, plus $50B+ in cross-border acquisitions. Free. Includes Kumar Mangalam Birla deals, Novelis, Hindalco, UltraTech Cement, ABG Shipyard ### Alibaba Acquisitions: Ant Group, Lazada, Meituan (1999–2026) URL: https://baratelliinstitute.com/alibaba-acquisitions Last updated: 2026-08-03 Every Alibaba Group deal since 1999 — Ant Group, Alipay, Cainiao, Lazada, Ele.me, Youku, UCWeb, Meituan, Trendyol, Qwen. Free, sortable, filterable. ### Google & Alphabet Acquisitions: Every Deal Since 1998 (125+ Rows, Sortable) URL: https://baratelliinstitute.com/alphabet-acquisitions Last updated: 2026-08-03 Every Google / Alphabet acquisition since 1998 - YouTube ($1.65B), DoubleClick, Android, Motorola, Nest, DeepMind, Fitbit, Mandiant, Wiz ($32B, 2025). 125+ deals, sortable, source-cited, free. ### Amazon Acquisitions: All 104 Deals, Whole Foods to MGM to Ring URL: https://baratelliinstitute.com/amazon-acquisitions Last updated: 2026-08-03 Every material Amazon acquisition — Zappos ($1.2B, 2009), Whole Foods ($13.7B, 2017), MGM ($8.5B, 2022), Ring, Twitch, PillPack, One Medical ($3.9B, 2023). 104 rows, sortable, source-cited, free. ### Apollo Acquisitions: Every Deal, 1990–2026 (Athene, Yahoo, Arconic) URL: https://baratelliinstitute.com/apollo-acquisitions Last updated: 2026-08-01 Every Apollo deal — Athene ($11B), Yahoo, Venetian, Diamond Resorts, plus 2024-25 credit and infrastructure moves. 70+ rows including Athene portfolio. Free. Coverage of Leon Black, Marc Rowan, Josh Harris deals, Athene, Yahoo, Verizon Media, Rackspace ### Apple Acquisitions List: Every Material Deal, 1996-2026 URL: https://baratelliinstitute.com/apple-acquisitions Last updated: 2026-08-03 Every material Apple acquisition since 1996 - NeXT Computer, Beats, Shazam, PA Semi, Siri, Turi, Intel modem, Intrinsity, Anobit, Dark Sky. Sortable, free. ### Berkshire Acquisitions: Every Deal, 1965–2026 (Buffett + Munger) URL: https://baratelliinstitute.com/berkshire-acquisitions Last updated: 2026-08-03 Every Berkshire Hathaway acquisition since 1965 — See's, GEICO, BNSF, Precision Castparts, Alleghany, Apple stake, Coke, Amex. 77 deals. Sortable, free. ### Berkshire Portfolio Ledger: 65 Positions, 1965-2026 URL: https://baratelliinstitute.com/berkshire-portfolio-ledger.html Last updated: 2026-07-19 Every Berkshire Hathaway equity position since 1965 — Coca-Cola, Apple, Bank of America, American Express, Japanese sogo shosha. Sortable, free. ### Bidvest Acquisitions: Every Deal, 1988–2026 (Steiner, Rennies, 3663) URL: https://baratelliinstitute.com/bidvest-acquisitions Last updated: 2026-08-01 Every Bidvest Group deal since 1988 — Steiner, Rennies, Prestige, Deli XL, 3663 First Choice, Bid Corp demerger. South Africa to UK expansion. Free, sortable. Coverage of Brian Joffe, Mpumi Madisa, PHS Group, Adcock Ingram stake, Noonan, Bidfood, Bidcorp ### BlackRock Acquisitions: Every Deal, 1994-2026 (BGI, GIP, Preqin, HPS) URL: https://baratelliinstitute.com/blackrock-acquisitions Last updated: 2026-08-03 Every BlackRock acquisition since 1994 - BGI/iShares, GIP, Preqin, HPS, Aperio, eFront, MLIM, SSRM. Sortable, free. ### Blackstone: 100+ Deals Across PE, Credit, Real Estate, Infra URL: https://baratelliinstitute.com/blackstone-acquisitions Last updated: 2026-08-03 Every Blackstone deal across real estate, private equity, credit, and infrastructure since 1985 — Hilton, Equity Office Properties, SunGard, QTS, Ancestry, AIR Communities. 100+ rows. Sortable, source-cited, free. ### Bollore Group Acquisitions & Divestitures, 1822-2026 (Vivendi, Havas, UMG, MSC, CMA CGM) URL: https://baratelliinstitute.com/bollore-acquisitions Last updated: 2026-08-01 Every Bolloré Group deal — the €5.7B Africa Logistics sale to MSC (2022), Havas, Vivendi and Canal+ stakes, plus the energy and media portfolio. Vincent Bolloré's playbook. Free. Includes Vincent Bollore deals, Vivendi, Havas, Canal+, Universal Music, Editis ### CK Hutchison Holdings: Every Li Ka-shing Deal Since 1950 (Ports, Telecom, Retail) URL: https://baratelliinstitute.com/ck-hutchison-acquisitions Last updated: 2026-08-03 The complete Li Ka-shing holdings — Hutchison Whampoa, Husky Oil, Orange, A.S. Watson (13,000+ retail stores), 3 Group telecom, Cheung Kong property, plus the 2025 Panama Canal ports sale to BlackRock. 72 rows, sortable, source-cited, free. ### Constellation Software Acquisitions: Every Deal, 1995–2026 (Leonard) URL: https://baratelliinstitute.com/constellation-acquisitions Last updated: 2026-08-03 Every Constellation Software deal since Mark Leonard's 1995 founding — Volaris, Harris, Jonas, Perseus, Vela, TSS, Topicus, Lumine spins. 73 deals + 130 subs. Sortable, free. ### Constellation Software Portfolio Ledger: 130+ Subs URL: https://baratelliinstitute.com/constellation-portfolio-ledger.html Last updated: 2026-07-19 Every Constellation Software portfolio co — Volaris, Harris, Jonas, Perseus, Vela, TSS operating groups; Topicus, Lumine spins. Sortable, free. ### Danaher Acquisitions & Subsidiaries: All 87 Deals, 1984–2026 URL: https://baratelliinstitute.com/danaher-acquisitions Last updated: 2026-08-03 Every Danaher acquisition and subsidiary since the 1984 DMG deal — 87 transactions: Beckman Coulter, Cepheid, Cytiva, Pall, Leica, Aldevron. Free, sortable. ### Danaher Subsidiaries Ledger: 55 Companies (Cepheid, Cytiva) URL: https://baratelliinstitute.com/danaher-subsidiaries-ledger.html Last updated: 2026-07-19 Every Danaher operating subsidiary — Cepheid, Cytiva, Beckman Coulter, Leica, Pall, Aldevron, Abcam, Radiometer, Fluke. Sortable, free. ### Dangote Acquisitions: Every Deal, 1977–2026 (Cement, Refinery) URL: https://baratelliinstitute.com/dangote-acquisitions Last updated: 2026-08-01 Every Dangote Group deal since 1977 — the $19B Lagos refinery (2024, Africa's largest), Dangote Cement (Africa's largest producer), sugar, salt, fertilizer across Nigeria. Free. Coverage of Aliko Dangote, Dangote Cement, Dangote Sugar, Dangote Refinery Lekki ### Diageo Acquisitions: Every Deal, 1759–2026 (Guinness, Casamigos) URL: https://baratelliinstitute.com/diageo-acquisitions Last updated: 2026-08-03 Every Diageo deal since Arthur Guinness in 1759 — GrandMet-Guinness merger, Casamigos (Clooney), Aviation Gin (Reynolds), Moet Hennessy JV, United Spirits India. 70 deals. Sortable, free. ### Exor / Agnelli Holdings: Ferrari, Stellantis, Juventus (1899–) URL: https://baratelliinstitute.com/exor-acquisitions Last updated: 2026-08-03 The complete Agnelli family holdings — Ferrari, Stellantis (formerly FCA), Juventus, PartnerRe, Louboutin, The Economist Group, Philips stake, Institut Merieux. Every Exor deal since Fiat's 1899 founding. 72 rows, sortable, source-cited, free. ### FEMSA Acquisitions: Every Deal, 1890–2026 (OXXO, Coca-Cola FEMSA) URL: https://baratelliinstitute.com/femsa-acquisitions Last updated: 2026-08-03 Every FEMSA deal since 1890 — OXXO, Coca-Cola FEMSA, Heineken stock swap, Socofar pharmacy, Panamco, Envoy, Spin. 63 deals. Sortable, free. ### GE Acquisitions: Every Deal, 1892–2026 (RCA, NBC, Alstom, Vernova) URL: https://baratelliinstitute.com/ge-acquisitions Last updated: 2026-08-01 Every GE acquisition and divestiture — the 2024 three-way split (Aerospace, Vernova, HealthCare), Alstom Power ($10.6B, 2015), Baker Hughes merger, NBCU sale to Comcast. Free. Deep dive on Jack Welch, Jeff Immelt, Larry Culp, Alstom, Baker Hughes, GE Capital ### Grupo Salinas Acquisitions & Divestitures, 1906-2026 (Elektra, TV Azteca, Banco Azteca, Iusacell, Total Play) URL: https://baratelliinstitute.com/grupo-salinas-acquisitions Last updated: 2026-08-01 Every Grupo Salinas deal — TV Azteca ($645M, 1993), Elektra (Latin America's largest consumer credit chain), Banco Azteca, Italika, Iusacell. Ricardo Salinas Pliego's portfolio. Free. Includes Ricardo Salinas Pliego deals, TV Azteca, Banco Azteca, Elektra ### Heineken Acquisitions: Every Deal, 1864–2026 (Amstel, FEMSA, S&N) URL: https://baratelliinstitute.com/heineken-acquisitions Last updated: 2026-08-01 Every Heineken deal since 1873 — Distell ($4.6B, 2023 South Africa), Punch Pubs, Asia Pacific Breweries, Amstel, Sol, Cruzcampo, Lagunitas. 300+ brands. Free. Coverage of Heineken M&A, Charlene de Carvalho-Heineken, Femsa Cerveza $7.7B, Kirin Brazil, Punch ### JAB Holding Acquisitions: Every Deal, 2012–2026 (Keurig, Panera) URL: https://baratelliinstitute.com/jab-acquisitions Last updated: 2026-08-01 Every JAB Holding deal — Keurig Dr Pepper ($90B market cap), Panera Bread ($7.5B, 2017 IPO plans 2024), Krispy Kreme, Pret A Manger, Peet's, Caribou, Reimann family empire. Free. Reference on Reimann family JAB Holding deals, Peets Coffee, Keurig Dr Pepper ### Kingdom Holding Acquisitions: Alwaleed Deals, 1979–2026 (Citi, Twitter) URL: https://baratelliinstitute.com/kingdom-holding-acquisitions Last updated: 2026-08-01 Every Kingdom Holding deal — Prince Alwaleed's Citigroup ($550M, 1991), Twitter / X ($300M), Uber, Snap, Newscorp, Four Seasons, Fairmont hotels. Sortable, free. Coverage of Prince Alwaleed bin Talal, Kingdom Holding Company, Twitter Musk, Citigroup, Four ### Kraft Heinz Acquisitions: Every Deal, 1869–2026 (3G, Berkshire, Unilever) URL: https://baratelliinstitute.com/kraftheinz-acquisitions Last updated: 2026-08-03 Every Kraft Heinz deal since 1869 — 2015 merger (3G+Berkshire), 2017 Unilever bid, Planters divest, 2019 $15.4B writedown. 72 deals. Sortable, free. ### LVMH Acquisitions: All 70 Maisons, Boussac to Moët Hennessy URL: https://baratelliinstitute.com/lvmh-acquisitions Last updated: 2026-08-03 Every LVMH acquisition since Arnault's 1984 Boussac takeover — 70 maisons: Moët Hennessy, Dior, Louis Vuitton, Tiffany, Bulgari, Loro Piana. Free, sortable. ### LVMH Maisons Ledger: 92 Houses (Louis Vuitton, Dior) URL: https://baratelliinstitute.com/lvmh-maisons-ledger.html Last updated: 2026-07-19 Every LVMH maison house by house — Louis Vuitton, Dior, Tiffany, Bulgari, Sephora, Belmond, Cheval Blanc, Loro Piana. Sortable, free. ### Meta / Facebook Acquisitions: All 91 Deals, WhatsApp to Scale AI URL: https://baratelliinstitute.com/meta-acquisitions Last updated: 2026-08-03 Every Meta acquisition since Facebook launched — Instagram ($1B, 2012), WhatsApp ($19B, 2014), Oculus, CTRL-labs, Kustomer, Beat Games, plus the Scale AI $14.3B move (2025). 91 rows. Sortable, source-cited, free. ### Microsoft Acquisitions: Every Company Microsoft Owns (1987–2026, 127 Rows) URL: https://baratelliinstitute.com/microsoft-acquisitions Last updated: 2026-08-03 Every Microsoft acquisition — Activision Blizzard ($68.7B, 2023), Nuance ($19.7B, 2022), LinkedIn ($26.2B, 2016), GitHub ($7.5B), ZeniMax ($7.5B), Nokia, Skype, Mojang. 127 rows. Filterable, source-cited, free. ### Mubadala: SpaceX, GlobalFoundries, Ferrari, Every Deal 2002– URL: https://baratelliinstitute.com/mubadala-acquisitions Last updated: 2026-08-01 Every Mubadala Investment Company deal — SpaceX, GlobalFoundries, Cepsa, Ferrari, EMI, plus the 2025 Fortress Investment stake. 100+ deals since 2002. Free. Reference on Abu Dhabi Mubadala Investment Company, Khaldoon Al Mubarak, GlobalFoundries, Cepsa, EMI ### Naspers / Prosus: The $32M Tencent Bet + Every Deal Since URL: https://baratelliinstitute.com/naspers-acquisitions Last updated: 2026-08-03 Every Naspers / Prosus deal since 1915 — the legendary 2001 Tencent $32M bet (now $200B+), M-Net, MultiChoice, DStv, MIH, the 2019 Prosus separation, iFood, Swiggy, plus current portfolio. Sortable, source-cited, free. ### Naver Acquisitions, 1999-2026 (Line, Wattpad, Poshmark) URL: https://baratelliinstitute.com/naver-acquisitions Last updated: 2026-08-03 Every material Naver Corp deal since 1999 — Line, LY Corporation, Wattpad, Poshmark, Webtoon, Snow, Naver Cloud. Sortable, free. ### Nestle Acquisitions, 1866-2026 (Purina, Gerber, Wyeth) URL: https://baratelliinstitute.com/nestle-acquisitions Last updated: 2026-08-01 Every Nestlé deal since 1866 — Purina Petcare ($10.3B, 2001), Starbucks license ($7.15B, 2018), Gerber ($5.5B, 2007), Blue Bottle, plus 2024 Grupo CRM chocolates. Free. Coverage of Nestle SA M&A, Mark Schneider deals, Starbucks CPG rights $7.15B, Atrium ### Nestle Brands Ledger: 105 Brands (Nescafe, Nespresso) URL: https://baratelliinstitute.com/nestle-brands-ledger.html Last updated: 2026-07-19 Every material Nestle brand — Nescafe, Nespresso, KitKat, Purina, Perrier, Gerber, Wyeth, Blue Bottle. 105 brands. Sortable, free. ### PIF Acquisitions: Saudi Vision 2030 Deals, 2015-2026 URL: https://baratelliinstitute.com/pif-acquisitions Last updated: 2026-08-01 Every Saudi Public Investment Fund (PIF) deal — Lucid Motors ($1B, 2018), Uber ($3.5B, 2016), SoftBank Vision Fund LP ($45B), Newcastle FC, LIV Golf. Sortable, free. Reference on Public Investment Fund Saudi Arabia, Yasir Al-Rumayyan, LIV Golf PGA merger ### Ping An Acquisitions, 1988-2026 (Autohome, Lufax, HSBC) URL: https://baratelliinstitute.com/pingan-acquisitions Last updated: 2026-08-03 Every material Ping An deal — Shenzhen Development Bank, Autohome, HSBC stake, Lufax, Good Doctor, OneConnect. Sortable, free. ### Prosus Acquisitions, 1915-2026 (Tencent, iFood, PayU) URL: https://baratelliinstitute.com/prosus-acquisitions Last updated: 2026-08-01 Every Prosus deal — Delivery Hero stake (largest shareholder), the 2023 iFood exit ($1.5B), Swiggy, Byju's, PayU, Stack Overflow ($1.8B). Naspers' listed spinoff. Free. Includes Prosus NV M&A, Bob van Dijk, Ervin Tu, iFood, Stack Overflow, PayU, Just Eat ### Reliance Acquisitions, 1966-2026 (Ambani, Jio, Retail) URL: https://baratelliinstitute.com/reliance-acquisitions Last updated: 2026-08-01 Every material Reliance Industries deal since 1966 — the 2025 Disney India merger (Star/JioCinema, $8.5B), Jio, Reliance Retail, Future Group. 100+ rows, free. Deep dive on Mukesh Ambani deals, Reliance Retail, Jio Platforms Facebook Google KKR investors ### Samsung Acquisitions, 1938-2026 (Harman $8B, Chaebol) URL: https://baratelliinstitute.com/samsung-acquisitions Last updated: 2026-08-03 Every material Samsung Group deal since 1938 — Electronics, Biologics, Harman $8B, LoopPay, SmartThings, Novaled. Sortable, free. ### Sasol Limited Acquisitions, Divestitures & Capex Record, 1950-2026 (Secunda CTL, Lake Charles LCCP, Oryx GTL, Condea, LyondellBasell JV) URL: https://baratelliinstitute.com/sasol-acquisitions Last updated: 2026-08-01 Every Sasol deal since 1950 — Lake Charles Chemicals ($12.8B, 2019 Louisiana), Sasol Coal, synthetic fuels, plus South Africa's energy and petrochemicals portfolio. Free. Coverage of Sasol Limited deals, Lake Charles Chemicals Project, GTL projects Qatar ### Carlos Slim Acquisitions, 1981-2026 (Telmex, Am. Movil) URL: https://baratelliinstitute.com/slim-acquisitions Last updated: 2026-08-01 Every Carlos Slim / Grupo Carso deal — the Telmex privatization ($1.76B, 1990), América Móvil, Grupo Sanborns, Grupo Financiero Inbursa, NYT stake. Free. Includes Carlos Slim Helu deals, Grupo Carso, America Movil, Telmex, KPN, PCS Precision Castparts, and ### SoftBank Acquisitions & Vision Fund: Every Deal, 1981–2026 URL: https://baratelliinstitute.com/softbank-acquisitions Last updated: 2026-08-01 Every SoftBank deal — Arm Holdings IPO (2023, $70B+ EV), Sprint / T-Mobile merger ($40B, 2020), Vision Fund, WeWork ($10B), 100+ deals via Masayoshi Son. Free. Reference on Masayoshi Son deals, Vision Fund, ARM Holdings, Sprint T-Mobile, WeWork, Uber ### Tata Group Acquisitions, 1868-2026 (Corus $12.9B, JLR) URL: https://baratelliinstitute.com/tata-acquisitions Last updated: 2026-08-03 Every material Tata Group deal since 1868 — Tetley, Corus $12.9B, Jaguar Land Rover, Bhushan Steel, Air India. Sortable, free. ### Temasek Holdings Investments: Complete List, 1974 to Today (Singapore Airlines, DBS, BioNTech) URL: https://baratelliinstitute.com/temasek-acquisitions Last updated: 2026-08-01 Every Temasek deal — Singapore Airlines, DBS, Keppel, Bharti Airtel India stake, Alibaba, Ant Group, ByteDance, Stripe. Singapore's sovereign investor. Free. Deep dive on Temasek Holdings deals, Ho Ching, Dilhan Pillay, Singapore sovereign investor, DBS ### Tencent Acquisitions, 1998-2026 (Riot, Supercell, Epic) URL: https://baratelliinstitute.com/tencent-acquisitions Last updated: 2026-08-03 Every material Tencent Holdings deal since 1998 — Riot Games, Supercell, Epic Games, WeChat, JD, Meituan, 800+ portfolio. Sortable, free. ### Volkswagen Acquisitions, 1937-2026 (Audi, Porsche, Bentley) URL: https://baratelliinstitute.com/volkswagen-acquisitions Last updated: 2026-08-01 Every Volkswagen Group deal — the 2024 Rivian JV ($5B) and Xpeng stake ($700M), Porsche IPO (2022), Audi, Bentley, Lamborghini, Ducati, Skoda, Scania, MAN. Free. Coverage of Volkswagen Group deals, Ferdinand Piech era, Porsche SE, Audi, Bentley, Bugatti ### What Wesfarmers Owns: Every Business Since 1914 (Bunnings, Kmart, Officeworks) URL: https://baratelliinstitute.com/wesfarmers-acquisitions Last updated: 2026-08-07 Wesfarmers owns Bunnings, Kmart, Officeworks, Priceline, WesCEF chemicals, API pharmacy, plus Coles demerger. Every WES.AX deal since 1914, sortable, source-cited. Free. Includes Wesfarmers Ltd deals, Rob Scott, Bunnings, Kmart, Officeworks, Coles demerger ## Sports Division — NFL ### The 32 NFL Franchises — Every Team as an Entertainment Company URL: https://baratelliinstitute.com/case-studies-nfl.html Last updated: 2026-07-19 Every NFL team as a private-company case: ownership, stadium finance, media contracts, valuations, roster economics, estate structures. All 32 franchises, sourced to Sportico, Forbes, StadiumDB, and league filings. CPA-run finance reference. ### NFL Ownership Continuity: The Central Thesis, in 500 Words URL: https://baratelliinstitute.com/nfl-central-thesis.html Last updated: 2026-08-07 The central thesis: pre-existing family-office infrastructure is the single most important variable in multi-generational NFL franchise-family control. 32 cases, 7 multi-gen families. ### NFL Franchise Value CAGR: All 32 Teams, Ranked URL: https://baratelliinstitute.com/nfl-franchise-value-cagr.html Last updated: 2026-08-07 All 32 NFL franchises ranked by compound annual growth in value from acquisition to 2024. Steelers 25.1%, Cardinals 21.2%, Raiders 20.1%. Full table + caveats. ### NFL Institutional Private Equity Rule 2024: What Changed URL: https://baratelliinstitute.com/nfl-institutional-pe-rule-2024.html Last updated: 2026-08-07 The August 2024 NFL rule change permitting institutional private equity into franchises. Per-franchise cap, aggregate cap, approved firms, governance, custody. Full detail. ### Who Owns the Dallas Cowboys? Jerry Jones Family, At a Glance URL: https://baratelliinstitute.com/nfl-owner-dallas-cowboys-fact-box.html Last updated: 2026-08-07 Who owns the Dallas Cowboys - the Jones family enterprise, at a glance. Acquisition, stadium, succession, Comstock Resources, Legends Hospitality, total net worth. Free fact box. ### How NFL Owners Made Their Money: 32 Families, 9 Categories URL: https://baratelliinstitute.com/nfl-owners-wealth-taxonomy.html Last updated: 2026-08-07 The wealth-source taxonomy behind every NFL owner family. Nine categories from oil and gas to hedge funds to franchise-anchor multi-generational. All 32 families mapped. ### NFL Salary Cap 2026 — $301.2M, 48% Revenue Share Explained URL: https://baratelliinstitute.com/nfl-salary-cap-explained.html Last updated: 2026-08-07 The 2026 NFL salary cap is $301.2 million per team — the first time it has ever cleared $300M. Growth of 65% in four years driven by the 48% player-share formula under the CBA. Baratelli Institute practitioner reference for the cap math, revenue engine, and cap-management levers. ### NFL Stadium Deals Explained — Dome Trend, Public Subsidy, ETFE Cost URL: https://baratelliinstitute.com/nfl-stadium-anatomy.html Last updated: 2026-07-19 Seven new NFL stadiums under construction, most domed or ETFE-covered. Only 1/3 of the league will be open-air by 2030. Base build $2-3B, ETFE adds $200-500M, public subsidy averages 60% (40% post-2009). The Baratelli Institute framework applied to every recent NFL stadium deal — Bears/Arlington, Bills/Highmark, Rams/SoFi, Jaguars/EverBank, Titans/Nissan, Browns/Brook Park. ### NFL Stadium Capex Tracker: 13 Projects, $30B+ Wave URL: https://baratelliinstitute.com/nfl-stadium-capex-tracker.html Last updated: 2026-08-06 13 active NFL stadium projects, ~$30B+ combined capex, $15B+ public financing. Deal structure, timeline, owner, financing mechanism. Updated live. Covers Bears Chicago, Bills Highmark, Browns Cleveland, Commanders Washington, Jaguars Jacksonville, Bengals ### NFL Stadium Finance Primer: G-4, STAR Bonds, PSL, PSDA URL: https://baratelliinstitute.com/nfl-stadium-finance-primer.html Last updated: 2026-08-07 Practitioner primer on how NFL stadiums are financed. G-4 loans, Kansas STAR bonds, hotel-tax bonds, PSLs, PSDA, and NFL Constitution 3.5(A) owner approval. ### Arizona Cardinals — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-arizona-cardinals.html Last updated: 2026-08-01 The Institute reference on the Arizona Cardinals — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosur... ### Atlanta Falcons — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-atlanta-falcons.html Last updated: 2026-08-01 The Institute reference on the Atlanta Falcons — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures... ### Baltimore Ravens — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-baltimore-ravens.html Last updated: 2026-08-01 The Institute reference on the Baltimore Ravens — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosure... ### Buffalo Bills — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-buffalo-bills.html Last updated: 2026-08-01 The Institute reference on the Buffalo Bills — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Carolina Panthers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-carolina-panthers.html Last updated: 2026-08-01 The Institute reference on the Carolina Panthers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosur... ### Chicago Bears — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-chicago-bears.html Last updated: 2026-08-06 The Institute reference on the Chicago Bears — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Cincinnati Bengals — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-cincinnati-bengals.html Last updated: 2026-08-01 The Institute reference on the Cincinnati Bengals — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosu... ### Cleveland Browns — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-cleveland-browns.html Last updated: 2026-08-01 The Institute reference on the Cleveland Browns — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosure... ### Dallas Cowboys — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-dallas-cowboys.html Last updated: 2026-08-01 The Institute reference on the Dallas Cowboys — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Denver Broncos — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-denver-broncos.html Last updated: 2026-08-01 The Institute reference on the Denver Broncos — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Detroit Lions: Ford Field Capacity, Sheila Ford Hamp Ownership, $6.2B Valuation URL: https://baratelliinstitute.com/nfl-team-detroit-lions.html Last updated: 2026-08-01 Ford Field capacity is 65,000. Sheila Ford Hamp owns the team since 2020, William Clay Ford Jr. before her, family ownership since 1963. Forbes valuation ~$6.2 billion. Full Institute reference on franchise economics, stadium finance, and revenue mix. ### Green Bay Packers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-green-bay-packers.html Last updated: 2026-08-01 The Institute reference on the Green Bay Packers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosur... ### Houston Texans — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-houston-texans.html Last updated: 2026-08-01 The Institute reference on the Houston Texans — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Indianapolis Colts — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-indianapolis-colts.html Last updated: 2026-08-01 The Institute reference on the Indianapolis Colts — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosu... ### Jacksonville Jaguars — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-jacksonville-jaguars.html Last updated: 2026-08-01 The Institute reference on the Jacksonville Jaguars — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclo... ### Kansas City Chiefs — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-kansas-city-chiefs.html Last updated: 2026-08-01 The Institute reference on the Kansas City Chiefs — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosu... ### Las Vegas Raiders — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-las-vegas-raiders.html Last updated: 2026-08-01 The Institute reference on the Las Vegas Raiders — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosur... ### Los Angeles Chargers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-los-angeles-chargers.html Last updated: 2026-08-01 The Institute reference on the Los Angeles Chargers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclo... ### Los Angeles Rams — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-los-angeles-rams.html Last updated: 2026-08-01 The Institute reference on the Los Angeles Rams — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosure... ### Miami Dolphins — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-miami-dolphins.html Last updated: 2026-08-01 The Institute reference on the Miami Dolphins — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Minnesota Vikings — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-minnesota-vikings.html Last updated: 2026-08-01 The Institute reference on the Minnesota Vikings — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosur... ### New England Patriots — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-new-england-patriots.html Last updated: 2026-08-01 The Institute reference on the New England Patriots — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclo... ### New Orleans Saints — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-new-orleans-saints.html Last updated: 2026-08-01 The Institute reference on the New Orleans Saints — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosu... ### New York Giants — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-new-york-giants.html Last updated: 2026-08-01 The Institute reference on the New York Giants — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures... ### New York Jets — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-new-york-jets.html Last updated: 2026-08-01 The Institute reference on the New York Jets — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosures;... ### Philadelphia Eagles: Lincoln Financial Field Capacity 69,796, Jeffrey Lurie Ownership, $7.6B Valuation URL: https://baratelliinstitute.com/nfl-team-philadelphia-eagles.html Last updated: 2026-08-01 Lincoln Financial Field capacity is 69,796. Jeffrey Lurie has owned the Eagles since 1994 (bought for $185M). Forbes valuation ~$7.6 billion. Full Institute reference on franchise economics, stadium finance, and revenue mix. ### Pittsburgh Steelers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-pittsburgh-steelers.html Last updated: 2026-08-01 The Institute reference on the Pittsburgh Steelers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclos... ### San Francisco 49ers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-san-francisco-49ers.html Last updated: 2026-08-01 The Institute reference on the San Francisco 49ers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclos... ### Seattle Seahawks — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-seattle-seahawks.html Last updated: 2026-08-01 The Institute reference on the Seattle Seahawks — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosure... ### Tampa Bay Buccaneers — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-tampa-bay-buccaneers.html Last updated: 2026-08-01 The Institute reference on the Tampa Bay Buccaneers — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclo... ### Tennessee Titans — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-tennessee-titans.html Last updated: 2026-08-01 The Institute reference on the Tennessee Titans — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed disclosure... ### NFL Team Valuations 2025: What Every Franchise Is Worth URL: https://baratelliinstitute.com/nfl-team-valuations Last updated: 2026-08-07 All 32 NFL team valuations for 2025, ranked. Cowboys $13B, Rams $10.5B, Giants $10.1B — average franchise $7.1B, up 25% from 2024. Full Forbes-sourced table with revenue and operating income by team. Living Institute reference across all 32 franchises. ### Washington Commanders — franchise economics, ownership, stadium, valuation URL: https://baratelliinstitute.com/nfl-team-washington-commanders.html Last updated: 2026-08-01 The Institute reference on the Washington Commanders — ownership history, stadium finance, media/revenue economics, current valuation, roster cap analysis. Treated like the entertainment company it is. Sourced to Forbes, Sportico, and team-filed discl... ## Sports Division — MLB, NBA, NHL, and cross-sports ### The Business of Sports — The Baratelli Institute Reference Library URL: https://baratelliinstitute.com/business-of-sports.html Last updated: 2026-08-05 The Business of Sports — the Baratelli Institute's practitioner-grade reference for pro franchises, college football, NIL, athletes' wealth, coaches' comp, media rights, and stadium finance. CPA + MBA-run finance library. Every league, every program, treated like the entertainment business it is. Free tools, trackers, and paid references priced $49-449. ### College Football Programs — The Baratelli Institute Reference Library URL: https://baratelliinstitute.com/case-studies-college.html Last updated: 2026-08-01 The largest college football programs, treated as entertainment enterprises. The Baratelli Institute's CPA-run finance reference library for post-House, post-NIL, post-realignment college football: media rights, stadium capex, coach compensation, collective governance, donor architecture. ### Pro Sports Franchises — The Baratelli Institute Reference Library URL: https://baratelliinstitute.com/case-studies-sports.html Last updated: 2026-08-04 Every league, every team — treated like the entertainment company it is. The Baratelli Institute's CPA-run finance reference library for pro sports business analysis: ownership, stadiums, media contracts, valuations, estate structures. ### MLB Team Valuations 2025: All 30 MLB Franchises, Ranked URL: https://baratelliinstitute.com/mlb-team-valuations Last updated: 2026-08-07 All 30 MLB team valuations for 2025, ranked. Top team $8.2B, average franchise $2.6B, floor $1.05B. Forbes-sourced table with revenue and operating income by team. ### MLS Post-World Cup 2026 — The American Bridge to Global Soccer Economics URL: https://baratelliinstitute.com/mls-post-worldcup-analysis.html Last updated: 2026-08-07 Major League Soccer sits on the biggest commercial inflection in its 30-year history. $767M avg valuation, 62% YoY viewership growth, CBA expires Jan 2028, Apple TV+ deal renegotiation window opens 2028. The Baratelli Institute practitioner reference on MLS as the American entry point to the $60B+ global soccer economy. ### NBA Team Valuations 2025: All 30 NBA Franchises, Ranked URL: https://baratelliinstitute.com/nba-team-valuations Last updated: 2026-08-07 All 30 NBA team valuations for 2025, ranked. Top team $11B, average franchise $5.4B, floor $3.5B. Forbes-sourced table with revenue and operating income by team. ### NHL Team Valuations 2025: All 32 NHL Franchises, Ranked URL: https://baratelliinstitute.com/nhl-team-valuations Last updated: 2026-08-07 All 32 NHL team valuations for 2025, ranked. Top team $4.4B, average franchise $2.2B, floor $1.3B. Forbes-sourced table with revenue and operating income by team. ## Entertainment Division ### The Business of Entertainment — The Baratelli Institute Reference Library URL: https://baratelliinstitute.com/business-of-entertainment Last updated: 2026-08-07 The Business of Entertainment — the Baratelli Institute's practitioner-grade reference for music catalogs (UMG, WMG, Sony Music), TV and film (Paramount, WBD, Netflix, Disney, ANGX), live entertainment (Live Nation, MSG), attractions, and IP rights. CPA + MBA-run finance library. Treating the entertainment industry like the corporate finance category it actually is. ### 50 Cent Business Empire: Vitamin Water $100M+ Exit, Effen Vodka, Power URL: https://baratelliinstitute.com/entertainer-50-cent Last updated: 2026-08-07 50 Cent (Curtis Jackson) business reference — Vitamin Water/Glaceau exit to Coca-Cola (~$100M+ personal), Effen Vodka sale to Sazerac, Sire Spirits, G-Unit Film & TV / Starz Power franchise, and the 2015 Chapter 11 workout arc. ### Adam Sandler Business: Happy Madison, $350M Netflix Output Deal, Evergreen Library URL: https://baratelliinstitute.com/entertainer-adam-sandler Last updated: 2026-08-07 Adam Sandler business empire — Happy Madison Productions (founded 1999; production company for Sandler-starring vehicles and other projects), the $350M+ Netflix multi-picture output deal (2014, renewed multiple times), Sandler's evergreen film library economics, and the actor-producer-comedian business template. ### Alex Rodriguez Business: A-Rod Corp, Timberwolves & Monumental Sports URL: https://baratelliinstitute.com/entertainer-alex-rodriguez Last updated: 2026-08-07 Alex Rodriguez business empire — A-Rod Corp multifamily real estate, Timberwolves/Lynx purchase with Marc Lore, Monumental Sports (Wizards/Capitals/Mystics) minority stake, Slam Ventures VC, and the athlete-turned-diversified-operator template. ### Alexandra Cooper Business: Call Her Daddy $125M SiriusXM, $60M Spotify Deal, Unwell URL: https://baratelliinstitute.com/entertainer-alexandra-cooper Last updated: 2026-08-07 Alexandra Cooper business empire — Call Her Daddy podcast Barstool origin ($60,000 Barstool deal at launch), $60M Spotify multi-year exclusive deal (2021), $125M SiriusXM deal (2024) with expanded distribution rights, Unwell Network podcast-and-media company (co-founded 2023), and the podcaster-as-founder-media-entrepreneur template. ### Ashton Kutcher VC Portfolio: Sound Ventures, Uber, Airbnb, Skype Wins URL: https://baratelliinstitute.com/entertainer-ashton-kutcher Last updated: 2026-08-07 Ashton Kutcher venture capital — A-Grade Investments and Sound Ventures (including Sound Ventures AI), the Uber, Airbnb, and Skype early wins, and the actor-as-institutional-VC template. ### Beyoncé Business: Parkwood Entertainment, Cécred, Ivy Park, Cowboy Carter Tour URL: https://baratelliinstitute.com/entertainer-beyonce Last updated: 2026-08-07 Beyoncé Knowles-Carter business empire — Parkwood Entertainment (founder-controlled label, management, production), Cécred hair care (2024 launch), Ivy Park athleisure (2018-2023 Adidas partnership), the Renaissance and Cowboy Carter tour economics, and the artist-as-operating-holding-company template. Confirmed billionaire status per Forbes 2023. ### Brad Pitt Business: Plan B Entertainment $1B MediaWan Sale (2024) URL: https://baratelliinstitute.com/entertainer-brad-pitt Last updated: 2026-08-07 Brad Pitt business reference — Plan B Entertainment (founded 2001), the July 2024 ~$1B MediaWan majority-stake transaction, the Oscar Best-Picture record (The Departed, 12 Years a Slave, Moonlight), and the talent-founded production company as compounding wealth vehicle. ### Dr. Dre Business: Beats by Dre $3B Apple Sale (2014), Aftermath Records, Legacy URL: https://baratelliinstitute.com/entertainer-dr-dre Last updated: 2026-08-07 Dr. Dre (Andre Young) business empire — the Beats Electronics and Beats Music sale to Apple for $3 billion (2014, largest hip-hop transaction to that date), Aftermath Entertainment record label (Eminem, 50 Cent, Kendrick Lamar, The Game discoveries), N.W.A. and Death Row founding history, and the producer-as-operating-company template. ### Dwayne 'The Rock' Johnson Business: Teremana Tequila, Seven Bucks, ZOA URL: https://baratelliinstitute.com/entertainer-dwayne-johnson Last updated: 2026-08-07 Dwayne Johnson business empire — Teremana Tequila (founder ownership), Seven Bucks Productions, ZOA Energy (Coca-Cola JV), Project Rock with Under Armour, and the reported ~$15M+ XFL/UFL investment. The athlete-actor operator template. ### George Clooney Business: Casamigos $1B Diageo Sale (2017) URL: https://baratelliinstitute.com/entertainer-george-clooney Last updated: 2026-08-07 George Clooney business reference — Casamigos tequila (co-founded with Rande Gerber and Mike Meldman), the 2017 Diageo acquisition (up to $1B), and the actor-as-founder-partnership template that redefined celebrity-brand exits. ### Hailey & Justin Bieber Business: Rhode $1B e.l.f. Deal (2025), Hipgnosis $200M+ Catalog URL: https://baratelliinstitute.com/entertainer-hailey-justin-bieber-family Last updated: 2026-08-07 Hailey and Justin Bieber family business — Rhode Beauty $1 billion sale to e.l.f. Beauty in May 2025 (Hailey), Hipgnosis Songs Fund $200M+ music catalog purchase (Justin 2023), Drew House apparel, Justin's Def Jam / RBMG record deal, Kendall Jenner's matchmaker introduction paralleling Andrea Swift, and the celebrity-founder monetization architecture. ### Jake Paul Business: Betr Sports Betting, Most Valuable Promotions, Anti Fund URL: https://baratelliinstitute.com/entertainer-jake-paul Last updated: 2026-08-07 Jake Paul business empire — professional boxing career (Nov 2024 Tyson exhibition on Netflix reached ~60M concurrent viewers), Betr mobile sports-betting and media platform (co-founded with Joey Levy), Most Valuable Promotions boxing promotion, Anti Fund venture capital vehicle, Prime Hydration minority participation, and the creator-boxer-founder template. ### Jay-Z Business: Roc Nation, Armand de Brignac / LVMH, D'Ussé / Bacardi, Tidal URL: https://baratelliinstitute.com/entertainer-jay-z Last updated: 2026-08-07 Jay-Z (Shawn Carter) business empire — Roc Nation management and label, Armand de Brignac champagne 50/50 LVMH JV (2021), D'Ussé cognac (Bacardi JV; Jay-Z bought back 50% stake reported at ~$750M valuation), Tidal streaming service sale to Square/Block (2021), and the hip-hop-mogul-as-holding-company template. Confirmed billionaire status per Forbes 2019. ### Jessica Alba Business: The Honest Company (HNST) IPO & Founder Exit URL: https://baratelliinstitute.com/entertainer-jessica-alba Last updated: 2026-08-07 Jessica Alba business reference — The Honest Company (co-founded 2011), the 2021 IPO under ticker HNST, the founder-CEO to founder-Chair transition, and the public-market wealth architecture case study for celebrity founders. ### Joe Rogan Net Worth: JRE Spotify $250M+ Renewal, Comedy Mothership URL: https://baratelliinstitute.com/entertainer-joe-rogan Last updated: 2026-08-07 Joe Rogan business reference — The Joe Rogan Experience (launched 2009), the May 2020 ~$200M Spotify exclusive licensing deal, the February 2024 ~$250M+ multi-platform renewal, Comedy Mothership Austin, the California-to-Texas residency move, and the comedy-to-podcast-to-media-empire archetype. ### Kai Trump Business: $2M NIL Valuation, Accelerator Blue Raz Slush, Miami Golf URL: https://baratelliinstitute.com/entertainer-kai-trump Last updated: 2026-08-07 Kai Trump business reference — $2M NIL valuation (per Golf NIL Central), Accelerator energy drink equity ownership with signature Blue Raz Slush flavor (sold out in 2 hours on Amazon June 2026), NIL roster including TaylorMade, Leaf Trading Cards, Greyson Clothiers, EasyPost, Accelerator; D1 women's golf at University of Miami; ~8M social-media followers; granddaughter of President Donald Trump; mother Vanessa Trump partnered with Tiger Woods; father Donald Trump Jr. successful businessman. ### Kardashian Family Business: Kris the Momager, SKIMS $5B, Kylie Cosmetics, 818, Good American URL: https://baratelliinstitute.com/entertainer-kardashian-family Last updated: 2026-08-07 The Kardashian / Jenner family business empire — Kris Jenner as the archetypal momager principal-CFO seat, SKIMS $5B (Kim), Kylie Cosmetics $600M Coty deal (Kylie), Good American ~$500M (Khloé), Lemme + Poosh (Kourtney), 818 Tequila (Kendall), Hulu Kardashians deal, SKKY Partners PE, and the family-brand-portfolio wealth architecture. ### Kelce Brothers Business: New Heights $35M Forbes 2026, Wondery Deal, NFL Careers URL: https://baratelliinstitute.com/entertainer-kelce-brothers Last updated: 2026-08-07 Travis and Jason Kelce business reference — New Heights podcast $35M Forbes 2026 mark (August 2023 Wondery/Amazon deal reported $100M multi-year), August 2025 Taylor Swift episode broke Guinness World Record at 1.3M concurrent YouTube live viewers, Travis's Kansas City Chiefs career (3x Super Bowl champion), Jason's Philadelphia Eagles career and ESPN Monday Night Countdown analyst role. ### Kelce / Swift Family Office: Cross-Vertical Wealth Architecture Reference URL: https://baratelliinstitute.com/entertainer-kelce-swift-family Last updated: 2026-08-07 The Kelce / Swift family office reference — the cross-vertical operating architecture spanning Travis Kelce's NFL career and endorsements, Jason Kelce's Eagles legacy and ESPN Monday Night Countdown broadcasting, New Heights podcast at $35M Forbes 2026, Kylie Kelce's Not Gonna Lie podcast on Wondery/Amazon, and Taylor Swift's Republic / UMG multi-hundred-million-dollar operating scale. ### Kevin Durant Business: Thirty Five Ventures, Coinbase Pre-IPO, Boardroom Media URL: https://baratelliinstitute.com/entertainer-kevin-durant Last updated: 2026-08-07 Kevin Durant business empire — Thirty Five Ventures (KD's operating holding company with Rich Kleiman), Boardroom Media (business-of-sports media platform), Coinbase pre-IPO angel position, Postmates pre-acquisition equity, Weedmaps early investment, Philadelphia Union MLS minority stake, and the athlete-founder venture platform template. ### Kevin Hart Business: HartBeat Productions ($100M+ Abry), Netflix Specials, JLR IPO URL: https://baratelliinstitute.com/entertainer-kevin-hart Last updated: 2026-08-07 Kevin Hart business empire — HartBeat Productions with $100M+ Abry Partners investment (2022) at implied $650M valuation, Netflix comedy specials output deal, Just Live Right (JLR) health and wellness venture, Fabletics-owned Chase (menswear line), Muscle Milk athlete-partner equity, and the comedian-as-media-company template. ### Kim Kardashian Business: SKIMS $5B, SKKY Partners PE, KKW/Coty Deal URL: https://baratelliinstitute.com/entertainer-kim-kardashian Last updated: 2026-08-07 Kim Kardashian business empire — SKIMS at ~$5B (mid-2025 secondary, up from $4B 2023 round; IPO under active consideration), SKKY Partners private equity firm co-founded with Jay Sammons, KKW Beauty stake sale to Coty, Hulu media contract, and family-office architecture. ### LeBron James Business: SpringHill $725M, Fenway Sports Group Stake, Blaze Pizza URL: https://baratelliinstitute.com/entertainer-lebron-james Last updated: 2026-08-07 LeBron James business empire — The SpringHill Company (~$725M valuation with RedBird / Nike / Fenway Sports Group), Fenway Sports Group ownership stake (Red Sox, Liverpool FC, Penguins), Blaze Pizza early investment, Klutch Sports Group with Rich Paul, and the athlete-as-operating-holding-company template. ### Leonardo DiCaprio Business: Appian Way Productions, Netflix Output Deal, Environmental Fund URL: https://baratelliinstitute.com/entertainer-leonardo-dicaprio Last updated: 2026-08-07 Leonardo DiCaprio business empire — Appian Way Productions (founded 2004; independent production company; Killers of the Flower Moon, Once Upon a Time in Hollywood, The Wolf of Wall Street), Netflix output deal, Leonardo DiCaprio Foundation (environmental philanthropy), various sustainability-focused venture positions, and the actor-producer-environmentalist template. ### Logan Paul Business: Prime Hydration $1.2B Revenue, WWE Contract, Impaulsive Podcast URL: https://baratelliinstitute.com/entertainer-logan-paul Last updated: 2026-08-07 Logan Paul business empire — Prime Hydration (co-founded with KSI 2022; reported peak revenue $1.2B in 2023 before category softening in 2024), WWE performer contract, Impaulsive podcast (top-charting Spotify), Maverick Apparel merchandise, boxing-promotion business, and the creator-as-multi-vertical-founder template. ### Mark Wahlberg Business: Wahlburgers, F45 Fitness, Municipal Athletic, Chevrolet Dealership URL: https://baratelliinstitute.com/entertainer-mark-wahlberg Last updated: 2026-08-07 Mark Wahlberg business empire — Wahlburgers restaurant chain (public via reverse merger, later private), F45 Training investor and brand ambassador (public via IPO 2021), Municipal athletic apparel brand, Mark Wahlberg Chevrolet dealership in Columbus Ohio, Unrealistic Ideas production company (Wahl Street on HBO Max), and the actor-founder consumer-brand template. ### Martha Stewart Business: MSLO IPO, Sequential $353M, Marquee $175M Sales URL: https://baratelliinstitute.com/entertainer-martha-stewart Last updated: 2026-08-07 Martha Stewart business reference — Martha Stewart Living Omnimedia (1999 IPO), the Sequential Brands 2015 sale ($353M), the Marquee Brands 2019 sale ($175M), the insider trading conviction and recovery, and the octogenarian brand reinvention (Snoop Dogg partnership, SI Swimsuit, Uber Eats, Canopy Growth). ### Michael Jordan Business: Air Jordan Royalty, Hornets $3B Sale, Cincoro Tequila URL: https://baratelliinstitute.com/entertainer-michael-jordan Last updated: 2026-08-07 Michael Jordan business empire — Air Jordan brand royalty (~$300M+/year reported Nike payments to Jordan), Charlotte Hornets ownership 2010-2023 exit at ~$3B (from ~$275M acquisition price), Cincoro Tequila co-founding with fellow NBA owners, DraftKings and Sportradar equity, Mycrogenesis venture platform, and 23XI Racing NASCAR team. ### MrBeast Net Worth: Beast Industries $5B, Feastables, Amazon Beast Games URL: https://baratelliinstitute.com/entertainer-mrbeast Last updated: 2026-08-07 MrBeast (Jimmy Donaldson) business reference — Beast Industries' reported ~$5B valuation raise, Feastables, MrBeast Burger, the Amazon Prime Video 'Beast Games' deal, and the creator-as-operating-company template. Includes reported Reed Hastings and Craft Ventures (David Sacks) participation. ### Reese Witherspoon: Hello Sunshine $900M Blackstone Sale (2021) URL: https://baratelliinstitute.com/entertainer-reese-witherspoon Last updated: 2026-08-07 Reese Witherspoon business reference — Hello Sunshine (founded 2016), the August 2021 ~$900M sale to Blackstone-backed Candle Media (Kevin Mayer / Tom Staggs), Big Little Lies, The Morning Show, Where the Crawdads Sing, Reese's Book Club, and the female-founder-led production company as compounding wealth vehicle. ### Rihanna Business: Fenty Beauty $2.8B LVMH JV, Savage x Fenty, Billionaire Status URL: https://baratelliinstitute.com/entertainer-rihanna Last updated: 2026-08-07 Rihanna business empire — Fenty Beauty ($2.8B implied valuation via 50/50 LVMH JV), Savage x Fenty (reported ~$3B valuation, LVMH-adjacent), Fenty Skin, Fenty Hair, the pause of Fenty ready-to-wear, and the billionaire status confirmed by Forbes in 2021. The case study for the beauty-industry founder equity vehicle. ### Ryan Reynolds Business: Aviation Gin $610M, Mint Mobile $1.35B Exits URL: https://baratelliinstitute.com/entertainer-ryan-reynolds Last updated: 2026-08-07 Ryan Reynolds business reference — Aviation American Gin sale to Diageo ($610M), Mint Mobile sale to T-Mobile ($1.35B), Maximum Effort marketing firm, Wrexham AFC ownership with Rob McElhenney, and the Deadpool franchise economics. ### Selena Gomez Business: Rare Beauty $2B+, Interscope, Only Murders URL: https://baratelliinstitute.com/entertainer-selena-gomez Last updated: 2026-08-07 Selena Gomez business reference — Rare Beauty at $2B+ valuation, Interscope music catalog, Only Murders in the Building executive producer credit and Hulu/Disney relationship, Rare Impact Fund mental-health philanthropy, and the celebrity-founded-cosmetics wealth architecture. ### Serena Williams Business: Serena Ventures $111M Fund, Reddit, Impossible Foods, Oura URL: https://baratelliinstitute.com/entertainer-serena-williams Last updated: 2026-08-07 Serena Williams business empire — Serena Ventures ($111M institutional venture fund raised 2022), portfolio positions including Reddit (pre-IPO through IPO), Impossible Foods, Oura Ring, MasterClass, WHOOP, and 60+ others; S by Serena apparel brand; ownership stake in the Miami Dolphins; and the athlete-turned-institutional-VC template. ### Shaq Business Empire: 155 Five Guys, Authentic Brands Stake, Big Chicken URL: https://baratelliinstitute.com/entertainer-shaquille-oneal Last updated: 2026-08-07 Shaquille O'Neal business empire — franchisee portfolio (155+ Five Guys, ~40 24 Hour Fitness, ~150 car washes, Auntie Anne's), Papa John's investor/board arc, Authentic Brands Group (ABG) equity stake, Big Chicken restaurant chain, early Google + Ring investments, and the TNT-to-Amazon NBA broadcasting transition. ### Snoop Dogg Business: Death Row Records Buyback, Casa Verde Cannabis VC URL: https://baratelliinstitute.com/entertainer-snoop-dogg Last updated: 2026-08-07 Snoop Dogg business reference — the 2022 Death Row Records buyback (reunion of catalog with founder), Casa Verde Capital cannabis VC platform, Snoop Cereal and Broadus Foods, Dr. Bombay Ice Cream, the Martha Stewart partnership, and the NBC Olympic broadcasting arc. ### Steph Curry Business: Unanimous Media, Under Armour Lifetime, SC30 Inc, Callaway URL: https://baratelliinstitute.com/entertainer-steph-curry Last updated: 2026-08-07 Steph Curry business empire — Unanimous Media production company with Sony Pictures partnership, Under Armour lifetime deal (2013, extended 2020 through career and after), SC30 Inc as the operating holding entity, Callaway golf sponsorship and equity, Rakuten Japanese e-commerce, Palm House Foundation philanthropy, and the athlete-founder operating platform template. ### Taylor Swift Masters: $360M Shamrock Repurchase, Taylor's Version, Eras URL: https://baratelliinstitute.com/entertainer-taylor-swift Last updated: 2026-08-07 Taylor Swift business reference — the masters buyback saga through the May 2025 ~$360M Shamrock Capital repurchase, Taylor's Version re-recording strategy, Eras Tour economics ($2B+ gross), Republic Records deal structure, publishing and songwriting economics, and family-office-scale wealth architecture. ### Theo Von Business: This Past Weekend Podcast + Spotify Deal (Nov 2024) URL: https://baratelliinstitute.com/entertainer-theo-von Last updated: 2026-08-07 Theo Von business reference — This Past Weekend (launched 2016), the November 2024 Spotify partnership, the touring business, and the next-generation comedian-podcaster wealth architecture executing the Rogan template at earlier growth stage. ### Zach Bryan Business: Belting Bronco / Warner JV, Quittin' Time Tour URL: https://baratelliinstitute.com/entertainer-zach-bryan Last updated: 2026-08-07 Zach Bryan business reference — Belting Bronco Records / Warner joint-venture structure, the streaming-native business model, the Quittin' Time Tour economics, and the Warner Music Group parent architecture. ## Kindle Practitioner Series ### The Baratelli Institute Kindle Library · Nine Practitioner References on Amazon URL: https://baratelliinstitute.com/kindle-library.html Last updated: 2026-08-07 Nine Baratelli Institute practitioner references, published on Kindle. Historical, Practitioner, Frontier, Operations, and Plain English series. All under $10. Delivered by Amazon. Coverage of the Baratelli Institute Kindle book series volumes, treasure ## Reading Room (public-domain classics) ### Meditations (c. 170-180) · Marcus Aurelius · The Reading Room URL: https://baratelliinstitute.com/reading-room-aurelius-meditations.html Last updated: 2026-07-19 Marcus Aurelius's Meditations in the public-domain George Long translation (1862). Read the famous Stoic passages on the present moment, doing your work, and the worthlessness of fame free; full book linked. ### The Buffett Partnership Era (1956–1969) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-buffett-partnership.html Last updated: 2026-07-20 Practitioner-grade reading of the thirteen years that made Warren Buffett rich. Fee structure, compounding math, Sanborn Map, Dempster Mill, American Express, the Berkshire mistake, the disciplined 1969 closing. Free 15-page memo. ### Andrew Carnegie (1835–1919) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-carnegie.html Last updated: 2026-07-20 Practitioner-grade reading of the largest cash fortune in American history. Carnegie Steel, the 1901 sale to J.P. Morgan, the Homestead Strike, the Gospel of Wealth, the 2,509 free public libraries, and the giving-away of 90% of the fortune. Free 14-page memo. ### The Seven Cures for a Lean Purse (1926) · George S. Clason · The Reading Room URL: https://baratelliinstitute.com/reading-room-clason-seven-cures.html Last updated: 2026-07-19 The heart of George Clason's The Richest Man in Babylon (1926): Arkad's seven cures for a lean purse — pay yourself first, control spending, make gold multiply, guard it from loss, and more. Free, public domain. ### Henry Flagler (1830–1913) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-flagler.html Last updated: 2026-07-20 Practitioner-grade reading of Rockefeller's #2 at Standard Oil, then founder of modern Florida. The Florida East Coast Railway, the Ponce de León Hotel, Palm Beach, Miami, and the Overseas Railroad to Key West. The founding case for infrastructure-as-real-estate development. Free 14-page memo. ### Henry Ford (1863–1947) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-ford.html Last updated: 2026-07-20 Practitioner reading of Henry Ford — the Model T, the moving assembly line, the $5-a-day wage, the River Rouge, the Ford Foundation, the Willow Run B-24 bomber plant, and the Willys/Ford GPW jeep. Includes the unvarnished chapter on the Dearborn Independent antisemitic publishing campaign. Free 20-page memo. ### The Way to Wealth (1758) · Benjamin Franklin · The Reading Room URL: https://baratelliinstitute.com/reading-room-franklin-way-to-wealth.html Last updated: 2026-07-19 Benjamin Franklin's The Way to Wealth (1758), complete and free. Father Abraham's auction sermon on industry, attention, frugality, and debt — the original case for spending less than you earn. ### The Gospel of Wealth (1889) · Andrew Carnegie · The Reading Room URL: https://baratelliinstitute.com/reading-room-gospel-of-wealth.html Last updated: 2026-07-20 The full text of Andrew Carnegie's 1889 essay 'The Gospel of Wealth' — his argument that surplus wealth is a trust to be administered in one's lifetime — with a short framing note by Phil Baratelli, CPA, MBA, and onward reading. Free, public domain, in the Baratelli Institute Reading Room. ### John Pierpont Morgan (1837–1913) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-jp-morgan.html Last updated: 2026-07-20 Practitioner-grade reading of the banker who financed Vanderbilt, Rockefeller, and Carnegie. General Electric, U.S. Steel, International Harvester, the 1895 gold rescue, the 1907 Panic, the Pujo Committee, and the founding of the American investment-banking template. Free 14-page memo. ### Reminiscences of a Stock Operator (1923) · Edwin Lefèvre · The Reading Room URL: https://baratelliinstitute.com/reading-room-lefevre-reminiscences.html Last updated: 2026-07-19 Edwin Lefevre's Reminiscences of a Stock Operator (1923), the classic thinly-fictionalized portrait of trader Jesse Livermore. Read the famous opening and the 'it was always my sitting' passage free; full book linked. ### Extraordinary Popular Delusions (1841) · Charles Mackay · The Reading Room URL: https://baratelliinstitute.com/reading-room-mackay-delusions.html Last updated: 2026-07-19 Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds (1841). Read the famous account of John Law's Mississippi Scheme — the original stock-and-paper-money bubble — free; full book linked. ### The Production War (1940–1945) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-production-war.html Last updated: 2026-08-07 How American industry converted from consumer goods to war production in 60 months and out-produced the combined Axis by 2:1. Kaiser at Richmond, Higgins at New Orleans, Ford at Willow Run, Chrysler at Detroit, Boeing at Seattle, Douglas at Long Beach, Grumman at Bethpage, Bethlehem at Fore River, Studebaker at South Bend, and 25,000 other American manufacturers. 40-page memo with 9 statistical tables. ### John D. Rockefeller (1839–1937) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-rockefeller.html Last updated: 2026-07-20 Practitioner-grade reading of the largest American fortune in history. Standard Oil, the 1911 breakup, the Rockefeller Foundation, the family-office template, and the multi-generational trust architecture that survived seven generations intact. Free 14-page memo. ### Cornelius Vanderbilt (1794–1877) · Historical Case · The Reading Room URL: https://baratelliinstitute.com/reading-room-vanderbilt.html Last updated: 2026-07-20 Practitioner-grade reading of the first modern American industrial fortune. Steamboat monopolies, the Harlem corners, the Erie War, refusal-to-interoperate, feeder-line playbook, three-generation dissipation. Free 17-page memo. ### The Theory of the Leisure Class (1899) · Thorstein Veblen · The Reading Room URL: https://baratelliinstitute.com/reading-room-veblen-leisure-class.html Last updated: 2026-07-19 Thorstein Veblen's The Theory of the Leisure Class (1899), the book that coined 'conspicuous consumption.' Read the famous passages on pecuniary emulation and status spending free; full book linked. ## Reading Hubs ### Berkshire Reading Room: Buffett & Abel Case Studies URL: https://baratelliinstitute.com/berkshire-read.html Last updated: 2026-07-30 Practitioner-grade Berkshire cases: the $8.5B TMHC acquisition, capital deployment reads, annual-letter signals under Abel. Free downloads and press kits. ### Disney Case · Mentoring At Scale™ URL: https://baratelliinstitute.com/disney-read.html Last updated: 2026-08-06 Disney Case — practitioner reads on the Walt Disney Company. Every business under the brand: parks, movies, streaming, sports (ESPN), cruise ships, international, merchandising/licensing, hotels, food service, logistics, supply chain, and human resources. Flagship case in build: D'Amaro Decoded. Free downloads. Authored by Phil Baratelli, CPA, MBA. Press kit on launch. ### LVMH Read — the family-controlled global champion franchise URL: https://baratelliinstitute.com/lvmh-read.html Last updated: 2026-07-11 The Baratelli Institute LVMH Read. A recurring practitioner franchise on the world's largest family-controlled global champion. Real estate at market vs. book, the Cheval Blanc + Belmond + Bulgari hospitality portfolio, DFS long-dated concession rights, Financiere Agache holding architecture (French SA since 2018; Belgian SCA 1988-2018), the five Arnault children succession seating, the Tiffany transaction from November 2019 through the December 2024 727 Fifth Avenue fire, and the ongoing Nicolas Puech shares scandal at Hermes. Educational practitioner content. Not investment advice. ### Read the Work URL: https://baratelliinstitute.com/read-the-work.html Last updated: 2026-07-19 Don't buy on marketing copy. Read the actual chapters. Three free extracts from the Baratelli Institute library — the PE Guide free extract, the CFO Guide free extract, and the full Tax Architecture sample chapter from the PE Guide. Real PDFs, real writing, no rendered marketing pages. ### Samsung Read — the family-controlled chaebol franchise URL: https://baratelliinstitute.com/samsung-read.html Last updated: 2026-07-11 The Baratelli Institute Samsung Read. A practitioner franchise on Samsung Electronics and the Lee family. The KRW 12 trillion inheritance-tax settlement completed May 2026, Samsung Life Insurance as the structural keystone (the Korean parallel to Financiere Agache), the Article 88-2 art collection donation of 23,000 works, and the reference architecture for multi-generational family control in a 60% marginal-rate jurisdiction. Educational content. Not investment advice. ## Toolkits ### Family Office Toolkit: Trusts, Estate, K-1, Governance ($99) URL: https://baratelliinstitute.com/family-office-toolkit.html Last updated: 2026-07-19 45 Excel tabs: GRAT, ILIT, IDGT, Dynasty, QPRT, CRT/CLT calcs + 3-statement, K-1 tracker, reg calendar. Bundle $99. Enterprise $299+. ### Financial Modeling Toolkit: DCF, LBO, Comps, Merger ($99) URL: https://baratelliinstitute.com/financial-modeling-toolkit.html Last updated: 2026-07-19 Wall Street–standard Excel modeling templates — DCF, LBO, Trading Comps, Precedents, Merger, WACC, SOTP, Waterfalls. 26 tabs + methodology. $99. ### Pro Sports Practitioner Toolkit: After-Tax Team Offer Model ($99) URL: https://baratelliinstitute.com/pro-sports-toolkit.html Last updated: 2026-07-19 Model the after-tax take-home per team, per player, per contract. 8-tab Excel workbook plus 19-page methodology PDF. Jock tax, residency, IRC §114. $99. ### Get the SBA Loan, Buy the Business URL: https://baratelliinstitute.com/sba-toolkit-product-page.html Last updated: 2026-06-23 Your in-house CFO for the SBA loan — the guide and workbook to finance and buy the business without the financing ending the dream. ## WACC, DCF, and Cost-of-Capital Tools ### SoftBank Group Corp. (9984.T) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/9984-t.html Last updated: 2026-07-11 SoftBank Group Corp. cost of equity: 13.0% at 2026-06-30. CAPM walkthrough with beta 1.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Apple Inc. (AAPL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/aapl.html Last updated: 2026-07-11 Apple Inc. cost of equity: 10.90% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### AbbVie Inc. (ABBV) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/abbv.html Last updated: 2026-07-11 AbbVie Inc. cost of equity: 8.60% at 2026-06-30. CAPM walkthrough with beta 0.75, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Advanced Micro Devices, Inc. (AMD) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/amd.html Last updated: 2026-07-11 Advanced Micro Devices, Inc. cost of equity: 13.0% at 2026-06-30. CAPM walkthrough with beta 1.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Amazon.com, Inc. (AMZN) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/amzn.html Last updated: 2026-07-11 Amazon.com, Inc. cost of equity: 11.40% at 2026-06-30. CAPM walkthrough with beta 1.25, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Alibaba Group Holding Limited (BABA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/baba.html Last updated: 2026-07-11 Alibaba Group Holding Limited cost of equity: 11.10% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Bank of America Corporation (BAC) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/bac.html Last updated: 2026-07-11 Bank of America Corporation cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.15, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### BHP Group Limited (BHP) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/bhp.html Last updated: 2026-07-11 BHP Group Limited cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### BP p.l.c. (BP.L) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/bp-l.html Last updated: 2026-07-11 BP p.l.c. cost of equity: 10.30% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Berkshire Hathaway Inc. (BRK.B) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/brk-b.html Last updated: 2026-07-11 Berkshire Hathaway Inc. cost of equity: 9.0% at 2026-06-30. CAPM walkthrough with beta 0.85, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Anheuser-Busch InBev SA/NV (BUD) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/bud.html Last updated: 2026-07-11 Anheuser-Busch InBev SA/NV cost of equity: 9.70% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Chubb Limited (CB) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cb.html Last updated: 2026-07-11 Chubb Limited cost of equity: 8.40% at 2026-06-30. CAPM walkthrough with beta 0.75, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Commonwealth Bank of Australia (CBA.AX) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cba-ax.html Last updated: 2026-07-11 Commonwealth Bank of Australia cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Cadence Design Systems, Inc. (CDNS) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cdns.html Last updated: 2026-07-11 Cadence Design Systems, Inc. cost of equity: 10.40% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Comcast Corporation (CMCSA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cmcsa.html Last updated: 2026-07-11 Comcast Corporation cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Costco Wholesale Corporation (COST) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cost.html Last updated: 2026-07-11 Costco Wholesale Corporation cost of equity: 9.20% at 2026-06-30. CAPM walkthrough with beta 0.90, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Copart, Inc. (CPRT) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cprt.html Last updated: 2026-07-11 Copart, Inc. cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Salesforce, Inc. (CRM) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/crm.html Last updated: 2026-07-11 Salesforce, Inc. cost of equity: 11.10% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Cisco Systems, Inc. (CSCO) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/csco.html Last updated: 2026-07-11 Cisco Systems, Inc. cost of equity: 9.40% at 2026-06-30. CAPM walkthrough with beta 0.90, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Constellation Software Inc. (CSU.TO) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/csu-to.html Last updated: 2026-07-11 Constellation Software Inc. cost of equity: 10.80% at 2026-06-30. CAPM walkthrough with beta 1.15, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Chevron Corporation (CVX) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/cvx.html Last updated: 2026-07-11 Chevron Corporation cost of equity: 9.70% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Dell Technologies Inc. (DELL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/dell.html Last updated: 2026-07-11 Dell Technologies Inc. cost of equity: 10.10% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Danaher Corporation (DHR) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/dhr.html Last updated: 2026-07-11 Danaher Corporation cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### The Walt Disney Company (DIS) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/dis.html Last updated: 2026-07-11 The Walt Disney Company cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.15, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Deutsche Telekom AG (DTE.DE) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/dte-de.html Last updated: 2026-07-11 Deutsche Telekom AG cost of equity: 8.60% at 2026-06-30. CAPM walkthrough with beta 0.75, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Alphabet Inc. (GOOGL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/googl.html Last updated: 2026-07-11 Alphabet Inc. cost of equity: 10.10% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### The Home Depot, Inc. (HD) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/hd.html Last updated: 2026-07-11 The Home Depot, Inc. cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### HSBC Holdings plc (HSBA.L) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/hsba-l.html Last updated: 2026-07-11 HSBC Holdings plc cost of equity: 9.70% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Hertz Global Holdings (HTZ) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/htz.html Last updated: 2026-07-11 Hertz Global Holdings cost of equity: 12.90% at 2026-06-30. CAPM walkthrough with beta 1.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Intel Corporation (INTC) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/intc.html Last updated: 2026-07-11 Intel Corporation cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Johnson & Johnson (JNJ) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/jnj.html Last updated: 2026-07-11 Johnson & Johnson cost of equity: 7.80% at 2026-06-30. CAPM walkthrough with beta 0.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### JPMorgan Chase & Co. (JPM) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/jpm.html Last updated: 2026-07-11 JPMorgan Chase & Co. cost of equity: 10.40% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Keurig Dr Pepper Inc. (KDP) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/kdp.html Last updated: 2026-07-11 Keurig Dr Pepper Inc. cost of equity: 8.60% at 2026-06-30. CAPM walkthrough with beta 0.75, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### The Kraft Heinz Company (KHC) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/khc.html Last updated: 2026-07-11 The Kraft Heinz Company cost of equity: 7.90% at 2026-06-30. CAPM walkthrough with beta 0.65, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### CarMax, Inc. (KMX) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/kmx.html Last updated: 2026-07-11 CarMax, Inc. cost of equity: 11.90% at 2026-06-30. CAPM walkthrough with beta 1.35, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### The Coca-Cola Company (KO) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/ko.html Last updated: 2026-07-11 The Coca-Cola Company cost of equity: 7.60% at 2026-06-30. CAPM walkthrough with beta 0.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Mastercard Incorporated (MA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/ma.html Last updated: 2026-07-11 Mastercard Incorporated cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### LVMH Moet Hennessy Louis Vuitton SE (MC.PA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/mc-pa.html Last updated: 2026-07-11 LVMH Moet Hennessy Louis Vuitton SE cost of equity: 10.30% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### MetLife Inc. (MET) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/met.html Last updated: 2026-07-11 MetLife Inc. cost of equity: 9.80% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Meta Platforms, Inc. (META) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/meta.html Last updated: 2026-07-11 Meta Platforms, Inc. cost of equity: 11.70% at 2026-06-30. CAPM walkthrough with beta 1.30, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Merck & Co., Inc. (MRK) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/mrk.html Last updated: 2026-07-11 Merck & Co., Inc. cost of equity: 8.10% at 2026-06-30. CAPM walkthrough with beta 0.65, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Microsoft Corporation (MSFT) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/msft.html Last updated: 2026-07-11 Microsoft Corporation cost of equity: 9.50% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Nestle SA (NESN.SW) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/nesn-sw.html Last updated: 2026-07-11 Nestle SA cost of equity: 8.10% at 2026-06-30. CAPM walkthrough with beta 0.65, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Netflix, Inc. (NFLX) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/nflx.html Last updated: 2026-07-11 Netflix, Inc. cost of equity: 11.70% at 2026-06-30. CAPM walkthrough with beta 1.30, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Novartis AG (NOVN.SW) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/novn-sw.html Last updated: 2026-07-11 Novartis AG cost of equity: 8.10% at 2026-06-30. CAPM walkthrough with beta 0.65, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Naspers Limited (NPN.JO) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/npn-jo.html Last updated: 2026-07-11 Naspers Limited cost of equity: 11.70% at 2026-06-30. CAPM walkthrough with beta 1.30, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### NVIDIA Corporation (NVDA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/nvda.html Last updated: 2026-07-11 NVIDIA Corporation cost of equity: 13.10% at 2026-06-30. CAPM walkthrough with beta 1.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Realty Income Corporation (O) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/o.html Last updated: 2026-07-11 Realty Income Corporation cost of equity: 9.0% at 2026-06-30. CAPM walkthrough with beta 0.85, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Oracle Corporation (ORCL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/orcl.html Last updated: 2026-07-11 Oracle Corporation cost of equity: 10.30% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Occidental Petroleum Corporation (OXY) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/oxy.html Last updated: 2026-07-11 Occidental Petroleum Corporation cost of equity: 11.50% at 2026-06-30. CAPM walkthrough with beta 1.30, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Penske Automotive Group, Inc. (PAG) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/pag.html Last updated: 2026-07-11 Penske Automotive Group, Inc. cost of equity: 11.10% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### PepsiCo, Inc. (PEP) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/pep.html Last updated: 2026-07-11 PepsiCo, Inc. cost of equity: 7.60% at 2026-06-30. CAPM walkthrough with beta 0.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### The Procter & Gamble Company (PG) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/pg.html Last updated: 2026-07-11 The Procter & Gamble Company cost of equity: 7.50% at 2026-06-30. CAPM walkthrough with beta 0.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Prologis, Inc. (PLD) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/pld.html Last updated: 2026-07-11 Prologis, Inc. cost of equity: 10.10% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Prosus N.V. (PRX.AS) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/prx-as.html Last updated: 2026-07-11 Prosus N.V. cost of equity: 11.40% at 2026-06-30. CAPM walkthrough with beta 1.25, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### QUALCOMM Incorporated (QCOM) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/qcom.html Last updated: 2026-07-11 QUALCOMM Incorporated cost of equity: 11.10% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Reliance Industries Limited (RELIANCE.NS) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/reliance-ns.html Last updated: 2026-07-11 Reliance Industries Limited cost of equity: 10.60% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Rio Tinto Group (RIO) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/rio.html Last updated: 2026-07-11 Rio Tinto Group cost of equity: 10.30% at 2026-06-30. CAPM walkthrough with beta 1.05, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Roche Holding AG (ROG.SW) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/rog-sw.html Last updated: 2026-07-11 Roche Holding AG cost of equity: 7.80% at 2026-06-30. CAPM walkthrough with beta 0.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Banco Santander, S.A. (SAN.MC) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/san-mc.html Last updated: 2026-07-11 Banco Santander, S.A. cost of equity: 11.40% at 2026-06-30. CAPM walkthrough with beta 1.25, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### SAP SE (SAP) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/sap.html Last updated: 2026-07-11 SAP SE cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Shell plc (SHEL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/shel.html Last updated: 2026-07-11 Shell plc cost of equity: 9.70% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Synopsys, Inc. (SNPS) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/snps.html Last updated: 2026-07-11 Synopsys, Inc. cost of equity: 10.40% at 2026-06-30. CAPM walkthrough with beta 1.10, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Space Exploration Technologies Corp. (SpaceX) (SPACEX) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/spacex.html Last updated: 2026-07-11 Space Exploration Technologies Corp. (SpaceX) cost of equity: 12.90% at 2026-06-30. CAPM walkthrough with beta 1.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Toyota Motor Corporation (TM) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/tm.html Last updated: 2026-07-11 Toyota Motor Corporation cost of equity: 9.20% at 2026-06-30. CAPM walkthrough with beta 0.85, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Tesla, Inc. (TSLA) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/tsla.html Last updated: 2026-07-11 Tesla, Inc. cost of equity: 15.30% at 2026-06-30. CAPM walkthrough with beta 2.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Taiwan Semiconductor Manufacturing Company Limited (TSM) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/tsm.html Last updated: 2026-07-11 Taiwan Semiconductor Manufacturing Company Limited cost of equity: 11.10% at 2026-06-30. CAPM walkthrough with beta 1.20, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Texas Instruments Incorporated (TXN) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/txn.html Last updated: 2026-07-11 Texas Instruments Incorporated cost of equity: 10.0% at 2026-06-30. CAPM walkthrough with beta 1.00, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Unilever PLC (UL) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/ul.html Last updated: 2026-07-11 Unilever PLC cost of equity: 7.80% at 2026-06-30. CAPM walkthrough with beta 0.60, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### UnitedHealth Group Incorporated (UNH) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/unh.html Last updated: 2026-07-11 UnitedHealth Group Incorporated cost of equity: 9.20% at 2026-06-30. CAPM walkthrough with beta 0.85, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Visa Inc. (V) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/v.html Last updated: 2026-07-11 Visa Inc. cost of equity: 9.70% at 2026-06-30. CAPM walkthrough with beta 0.95, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### Walmart Inc. (WMT) Cost of Equity · CAPM URL: https://baratelliinstitute.com/cost-of-equity/wmt.html Last updated: 2026-08-07 Walmart Inc. cost of equity: 7.30% at 2026-06-30. CAPM walkthrough with beta 0.55, risk-free rate 4.25%, ERP 5.55%. Fama-French three-factor alternative included. Practitioner reference. ### DCF Sanity Check (Founder's DCF) URL: https://baratelliinstitute.com/dcf-sanity-check.html Last updated: 2026-07-19 The DCF your banker is using to value your company — built so you can stress-test their inputs. Five-year explicit forecast, terminal value (Gordon growth), WACC sensitivity tornado, scenario analysis. Designed to detect the assumption shifts that can swing valuation by 50%+. From the Baratelli Institute Practitioner Guide Series. ### Baratelli DCF Reference · Discounted Cash Flow Methodology URL: https://baratelliinstitute.com/dcf.html Last updated: 2026-07-19 Practitioner-grade DCF methodology, worked examples, and 73 company WACC inputs pre-populated. Free from the Baratelli Institute. ### SoftBank Group Corp. (9984.T) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/9984-t.html Last updated: 2026-07-11 SoftBank Group Corp. illustrative weighted average cost of capital: 10.3% at 2026-07-06. Directional practitioner reference. Beta 1.55, cost of equity 13.0%, after-tax cost of debt 3.8%. ### Apple Inc. (AAPL) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/aapl.html Last updated: 2026-07-11 Apple Inc. weighted average cost of capital: 10.4% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.20, cost of equity 10.9%, after-tax cost of debt 4.0%. ### AbbVie Inc. (ABBV) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/abbv.html Last updated: 2026-07-11 AbbVie Inc. illustrative weighted average cost of capital: 7.4% at 2026-07-06. Directional practitioner reference. Beta 0.75, cost of equity 8.6%, after-tax cost of debt 4.2%. ### Advanced Micro Devices, Inc. (AMD) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/amd.html Last updated: 2026-07-11 Advanced Micro Devices, Inc. illustrative weighted average cost of capital: 12.5% at 2026-07-06. Directional practitioner reference. Beta 1.55, cost of equity 13.0%, after-tax cost of debt 4.5%. ### Amazon.com, Inc. (AMZN) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/amzn.html Last updated: 2026-07-11 Amazon.com, Inc. illustrative weighted average cost of capital: 10.8% at 2026-07-06. Directional practitioner reference. Beta 1.25, cost of equity 11.4%, after-tax cost of debt 3.7%. ### Alibaba Group Holding Limited (BABA) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/baba.html Last updated: 2026-07-11 Alibaba Group Holding Limited illustrative weighted average cost of capital: 10.3% at 2026-07-06. Directional practitioner reference. Beta 1.20, cost of equity 11.1%, after-tax cost of debt 4.1%. ### Bank of America Corporation (BAC) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/bac.html Last updated: 2026-07-11 Bank of America Corporation weighted average cost of capital: 4.8% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.15, cost of equity 10.6%, after-tax cost of debt 3.9%. ### BHP Group Limited (BHP) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/bhp.html Last updated: 2026-07-11 BHP Group Limited illustrative weighted average cost of capital: 9.3% at 2026-07-06. Directional practitioner reference. Beta 1.10, cost of equity 10.6%, after-tax cost of debt 3.5%. ### BP p.l.c. (BP.L) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/bp-l.html Last updated: 2026-07-11 BP p.l.c. illustrative weighted average cost of capital: 8.0% at 2026-07-06. Directional practitioner reference. Beta 1.05, cost of equity 10.3%, after-tax cost of debt 3.8%. ### Berkshire Hathaway Inc. (BRK.B) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/brk-b.html Last updated: 2026-07-11 Berkshire Hathaway Inc. weighted average cost of capital: 8.6% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.85, cost of equity 9.0%, after-tax cost of debt 3.6%. ### Anheuser-Busch InBev SA/NV (BUD) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/bud.html Last updated: 2026-07-11 Anheuser-Busch InBev SA/NV illustrative weighted average cost of capital: 7.8% at 2026-07-06. Directional practitioner reference. Beta 0.95, cost of equity 9.7%, after-tax cost of debt 4.1%. ### Chubb Limited (CB) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cb.html Last updated: 2026-07-11 Chubb Limited weighted average cost of capital: 7.9% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.75, cost of equity 8.4%, after-tax cost of debt 4.2%. ### Commonwealth Bank of Australia (CBA.AX) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cba-ax.html Last updated: 2026-07-11 Commonwealth Bank of Australia illustrative weighted average cost of capital: 5.1% at 2026-07-06. Directional practitioner reference. Beta 1.00, cost of equity 10.0%, after-tax cost of debt 3.7%. ### Cadence Design Systems, Inc. (CDNS) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cdns.html Last updated: 2026-07-11 Cadence Design Systems, Inc. weighted average cost of capital: 10.2% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.10, cost of equity 10.4%, after-tax cost of debt 4.1%. ### Comcast Corporation (CMCSA) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cmcsa.html Last updated: 2026-07-11 Comcast Corporation illustrative weighted average cost of capital: 7.9% at 2026-07-06. Directional practitioner reference. Beta 1.00, cost of equity 10.0%, after-tax cost of debt 4.0%. ### Costco Wholesale Corporation (COST) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cost.html Last updated: 2026-07-11 Costco Wholesale Corporation weighted average cost of capital: 9.1% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.90, cost of equity 9.2%, after-tax cost of debt 3.5%. ### Copart, Inc. (CPRT) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cprt.html Last updated: 2026-07-11 Copart, Inc. illustrative weighted average cost of capital: 10.3% at 2026-07-06. Directional practitioner reference. Beta 1.10, cost of equity 10.6%, after-tax cost of debt 3.9%. ### Salesforce, Inc. (CRM) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/crm.html Last updated: 2026-07-11 Salesforce, Inc. illustrative weighted average cost of capital: 10.5% at 2026-07-06. Directional practitioner reference. Beta 1.20, cost of equity 11.1%, after-tax cost of debt 4.0%. ### Cisco Systems, Inc. (CSCO) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/csco.html Last updated: 2026-07-11 Cisco Systems, Inc. illustrative weighted average cost of capital: 8.8% at 2026-07-06. Directional practitioner reference. Beta 0.90, cost of equity 9.4%, after-tax cost of debt 3.8%. ### Constellation Software Inc. (CSU.TO) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/csu-to.html Last updated: 2026-07-11 Constellation Software Inc. illustrative weighted average cost of capital: 10.5% at 2026-07-06. Directional practitioner reference. Beta 1.15, cost of equity 10.8%, after-tax cost of debt 3.7%. ### Chevron Corporation (CVX) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/cvx.html Last updated: 2026-07-11 Chevron Corporation illustrative weighted average cost of capital: 8.9% at 2026-07-06. Directional practitioner reference. Beta 0.95, cost of equity 9.7%, after-tax cost of debt 3.9%. ### Dell Technologies Inc. (DELL) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/dell.html Last updated: 2026-07-11 Dell Technologies Inc. weighted average cost of capital: 8.1% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.05, cost of equity 10.1%, after-tax cost of debt 4.3%. ### Danaher Corporation (DHR) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/dhr.html Last updated: 2026-07-11 Danaher Corporation illustrative weighted average cost of capital: 9.3% at 2026-07-06. Directional practitioner reference. Beta 1.00, cost of equity 10.0%, after-tax cost of debt 3.8%. ### The Walt Disney Company (DIS) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/dis.html Last updated: 2026-07-11 The Walt Disney Company weighted average cost of capital: 9.3% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.15, cost of equity 10.6%, after-tax cost of debt 4.0%. ### Deutsche Telekom AG (DTE.DE) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/dte-de.html Last updated: 2026-07-11 Deutsche Telekom AG illustrative weighted average cost of capital: 6.2% at 2026-07-06. Directional practitioner reference. Beta 0.75, cost of equity 8.6%, after-tax cost of debt 3.1%. ### Alphabet Inc. (GOOGL) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/googl.html Last updated: 2026-07-11 Alphabet Inc. weighted average cost of capital: 9.9% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.05, cost of equity 10.1%, after-tax cost of debt 3.9%. ### The Home Depot, Inc. (HD) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/hd.html Last updated: 2026-07-11 The Home Depot, Inc. illustrative weighted average cost of capital: 8.9% at 2026-07-06. Directional practitioner reference. Beta 1.00, cost of equity 10.0%, after-tax cost of debt 3.8%. ### HSBC Holdings plc (HSBA.L) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/hsba-l.html Last updated: 2026-07-11 HSBC Holdings plc illustrative weighted average cost of capital: 4.9% at 2026-07-06. Directional practitioner reference. Beta 0.95, cost of equity 9.7%, after-tax cost of debt 3.8%. ### Hertz WACC (2026): 10.4% Post-Restructuring Build URL: https://baratelliinstitute.com/wacc/htz.html Last updated: 2026-07-30 Hertz (HTZ) standalone WACC lands at 10.4%. Full build: beta 1.55, cost of equity 12.9%, after-tax cost of debt 5.2%. Post-BK inputs, drop-in DCF discount rate. ### Intel Corporation (INTC) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/intc.html Last updated: 2026-07-11 Intel Corporation illustrative weighted average cost of capital: 8.8% at 2026-07-06. Directional practitioner reference. Beta 1.10, cost of equity 10.6%, after-tax cost of debt 4.4%. ### Johnson & Johnson (JNJ) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/jnj.html Last updated: 2026-07-11 Johnson & Johnson illustrative weighted average cost of capital: 7.3% at 2026-07-06. Directional practitioner reference. Beta 0.60, cost of equity 7.8%, after-tax cost of debt 3.7%. ### JPMorgan Chase & Co. (JPM) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/jpm.html Last updated: 2026-07-11 JPMorgan Chase & Co. weighted average cost of capital: 4.8% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.10, cost of equity 10.4%, after-tax cost of debt 3.9%. ### Keurig Dr Pepper Inc. (KDP) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/kdp.html Last updated: 2026-07-11 Keurig Dr Pepper Inc. illustrative weighted average cost of capital: 7.6% at 2026-07-06. Directional practitioner reference. Beta 0.75, cost of equity 8.6%, after-tax cost of debt 4.0%. ### The Kraft Heinz Company (KHC) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/khc.html Last updated: 2026-07-11 The Kraft Heinz Company weighted average cost of capital: 6.5% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.65, cost of equity 7.9%, after-tax cost of debt 4.0%. ### CarMax, Inc. (KMX) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/kmx.html Last updated: 2026-07-11 CarMax, Inc. illustrative weighted average cost of capital: 7.6% at 2026-07-06. Directional practitioner reference. Beta 1.35, cost of equity 11.9%, after-tax cost of debt 4.8%. ### The Coca-Cola Company (KO) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/ko.html Last updated: 2026-07-11 The Coca-Cola Company weighted average cost of capital: 7.0% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.60, cost of equity 7.6%, after-tax cost of debt 3.8%. ### Mastercard Incorporated (MA) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/ma.html Last updated: 2026-07-11 Mastercard Incorporated illustrative weighted average cost of capital: 9.5% at 2026-07-06. Directional practitioner reference. Beta 1.00, cost of equity 10.0%, after-tax cost of debt 3.8%. ### LVMH Moet Hennessy Louis Vuitton SE (MC.PA) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/mc-pa.html Last updated: 2026-07-11 LVMH Moet Hennessy Louis Vuitton SE illustrative weighted average cost of capital: 9.5% at 2026-07-06. Directional practitioner reference. Beta 1.05, cost of equity 10.3%, after-tax cost of debt 3.0%. ### MetLife Inc. (MET) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/met.html Last updated: 2026-07-11 MetLife Inc. weighted average cost of capital: 7.5% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.00, cost of equity 9.8%, after-tax cost of debt 4.2%. ### Meta Platforms, Inc. (META) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/meta.html Last updated: 2026-07-11 Meta Platforms, Inc. illustrative weighted average cost of capital: 11.3% at 2026-07-06. Directional practitioner reference. Beta 1.30, cost of equity 11.7%, after-tax cost of debt 3.8%. ### Merck & Co., Inc. (MRK) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/mrk.html Last updated: 2026-07-11 Merck & Co., Inc. illustrative weighted average cost of capital: 7.3% at 2026-07-06. Directional practitioner reference. Beta 0.65, cost of equity 8.1%, after-tax cost of debt 3.9%. ### Microsoft Corporation (MSFT) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/msft.html Last updated: 2026-07-11 Microsoft Corporation weighted average cost of capital: 9.3% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 0.95, cost of equity 9.5%, after-tax cost of debt 3.7%. ### Nestle SA (NESN.SW) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/nesn-sw.html Last updated: 2026-07-11 Nestle SA illustrative weighted average cost of capital: 7.2% at 2026-07-06. Directional practitioner reference. Beta 0.65, cost of equity 8.1%, after-tax cost of debt 3.2%. ### Netflix, Inc. (NFLX) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/nflx.html Last updated: 2026-07-11 Netflix, Inc. illustrative weighted average cost of capital: 10.7% at 2026-07-06. Directional practitioner reference. Beta 1.30, cost of equity 11.7%, after-tax cost of debt 4.1%. ### Novartis AG (NOVN.SW) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/novn-sw.html Last updated: 2026-07-11 Novartis AG illustrative weighted average cost of capital: 7.2% at 2026-07-06. Directional practitioner reference. Beta 0.65, cost of equity 8.1%, after-tax cost of debt 3.2%. ### Naspers Limited (NPN.JO) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/npn-jo.html Last updated: 2026-07-11 Naspers Limited illustrative weighted average cost of capital: 10.8% at 2026-07-06. Directional practitioner reference. Beta 1.30, cost of equity 11.7%, after-tax cost of debt 4.4%. ### NVIDIA Corporation (NVDA) WACC · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc/nvda.html Last updated: 2026-07-11 NVIDIA Corporation weighted average cost of capital: 13.0% at 2026-06-30. Sourced inputs, transparent methodology, practitioner walkthrough. Beta 1.60, cost of equity 13.1%, after-tax cost of debt 4.4%. ## Interactive Tools & Calculators ### Redirecting to ABLE vs SNT Layering Tool URL: https://baratelliinstitute.com/able-vs-snt-layering-tool.html Last updated: 2026-07-11 ### Amazon FBA True-Take-Rate Calculator URL: https://baratelliinstitute.com/amazon-fba-calculator.html Last updated: 2026-07-19 What does Amazon actually keep on every FBA sale? Referral fee + FBA fulfillment + storage + inbound + ad spend + returns. Most sellers find their take is 30-40% lower than they assumed. 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Agreed-value vs. actual-cash-value, schedule vs. blanket, per-item sublimits, the underinsurance trap, and the carrier comparison (Chubb / Cincinnati / Hagerty / Berkley One / AIG). From the Baratelli Institute Practitioner Guide Series. ### International Patient Financial Estimator URL: https://baratelliinstitute.com/international-patient-financial-estimator.html Last updated: 2026-07-19 A practitioner-grade financial estimator for families considering multi-month specialist treatment in the US (or abroad). Surgical quote vs. all-in cost — including lodging, travel, lost income, and the non-medical pieces families dramatically underestimate. From the Family Office Guide + Estate Planning Decoded. ### Long-Stay Family Budget Planner URL: https://baratelliinstitute.com/long-stay-family-budget-planner.html Last updated: 2026-07-19 A practitioner-grade monthly-burn planner for families already committed to a multi-month treatment stay away from home. Real numbers on housing, food, transportation, children at home, school continuity, and income — with an honest cash-reserve recommendation. From the Family Office Guide + Estate Planning Decoded. ### Redirecting to Medicaid Cliff Calculator URL: https://baratelliinstitute.com/medicaid-cliff-calculator.html Last updated: 2026-07-11 ### Medical Expense Deduction Calculator URL: https://baratelliinstitute.com/medical-expense-deduction-calculator.html Last updated: 2026-07-19 A practitioner-grade Schedule A medical-expense deduction calculator for families with substantial unreimbursed medical costs. 7.5% AGI floor, qualifying-expense gotchas, IRS medical-mileage and $50/night lodging rules, and an honest itemize-vs-standard comparison. From the Family Office Guide + Estate Planning Decoded. ### Redirecting to Medical Expense Deduction Estimator URL: https://baratelliinstitute.com/medical-expense-deduction-estimator.html Last updated: 2026-07-11 ### Planned Giving Calculator URL: https://baratelliinstitute.com/planned-giving-calculator.html Last updated: 2026-07-19 The practitioner-grade planned giving calculator for hospital foundation directors, planned-giving officers, and donor advisors. Bequest, charitable gift annuity (CGA), charitable remainder trust (CRUT/CRAT), and charitable lead trust (CLT) — donor income, deduction, capital-gain bypass, and projected gift to charity. From the Baratelli Institute Practitioner Guide Series. ### Project Margin Tracker · Bid Margin Lied. Actual Margin Tells the Truth. URL: https://baratelliinstitute.com/project-margin-tracker.html Last updated: 2026-07-19 The practitioner-grade project P&L tool for operators running multi-week / multi-month installs. Solar, modular building, civil construction, software implementations, complex equipment installs, mining rollouts. Bid vs actual variance, change-order capture, true margin after warranty. ### QCD Calculator: Qualified Charitable Distribution Savings URL: https://baratelliinstitute.com/qcd-calculator.html Last updated: 2026-07-29 Free QCD calculator for donors 70½+. Model the $108K annual limit, RMD offset, AGI exclusion, IRMAA bracket creep, and Social Security taxability side-by-side. Run yours. ### Quality of Earnings Add-Back Estimator URL: https://baratelliinstitute.com/qofe-addback-estimator.html Last updated: 2026-06-23 The interactive sell-side Q-of-E addback builder. Eight standard addback categories, EBITDA uplift display, multiple impact, and the documentation-status flag that decides whether the buyer's Q-of-E firm will accept each line. From the Baratelli Institute Practitioner Guide Series. ### R&W Insurance Cost Calculator URL: https://baratelliinstitute.com/rw-cost-calculator.html Last updated: 2026-06-23 Representations & Warranties insurance for middle-market M&A: tower size, retention, premium rate, allocation between buyer and seller, comparison to traditional indemnity escrow. 2026 market pricing. ### Redirecting to SNT Funding Calculator URL: https://baratelliinstitute.com/snt-funding-calculator.html Last updated: 2026-07-11 ### Storage Decision Calculator: 5 Options Compared on Cost URL: https://baratelliinstitute.com/storage-decision-calculator.html Last updated: 2026-07-29 Home, climate-controlled, freeport, bank vault, specialist custody. Compare annual cost, insurance discount, tax exposure, and exit liquidity for treasure assets. ### Bond Yield Calculator (YTM / YTC / After-Tax) URL: https://baratelliinstitute.com/tool-bond-yield-calculator.html Last updated: 2026-07-19 Show-the-math bond yield calculator. Current yield, yield to maturity (YTM), yield to call (YTC), and after-tax YTM with marginal federal + state rates. The transparent fixed-income workbench every family-office staff and individual bond buyer should have open before clicking buy. ### DNI / TAI Calculator URL: https://baratelliinstitute.com/tool-dni-tai-calculator.html Last updated: 2026-06-23 Trust Distributable Net Income (DNI) and Trust Accounting Income (TAI) calculator with Income Distribution Deduction (IDD) computation. From Trust Administration Guide Chapter 19. ### Medicaid Cliff Calculator URL: https://baratelliinstitute.com/tool-medicaid-cliff-calculator.html Last updated: 2026-07-19 What happens to a special-needs child's SSI and Medicaid benefits if they receive an inheritance? Resource limit analysis, benefit loss scenario by month, cost-of-coverage-replacement estimate, and the preserve-benefits path through a first-party SNT (the d4A trust mechanic). A free education tool from the Baratelli Institute for families. ### Medical Expense Deduction Estimator URL: https://baratelliinstitute.com/tool-medical-deduction-estimator.html Last updated: 2026-07-19 How much of a special-needs family's medical spending is actually deductible on Schedule A? 7.5% AGI floor, the §213(d) qualifying categories, special-needs-specific items (specialized schooling, caregiver wages, accessibility modifications), itemize-vs-standard comparison, and the hidden-medical checklist. A free education tool from the Baratelli Institute. ### RMD Calculator (SECURE 2.0) URL: https://baratelliinstitute.com/tool-rmd-calculator.html Last updated: 2026-07-19 Required Minimum Distribution calculator for traditional IRA, 401(k), 403(b). SECURE 2.0 rules: age 73 (born 1951-1959) / age 75 (born 1960+), 25% excise tax reduced to 10% if corrected within 2 years. IRS Pub 590-B Uniform Lifetime Table III, Joint Life Table II for spouses 10+ years younger. Multi-account aggregation, 5-year projection, full math shown. Free tool from the Baratelli Institute. ### Special Needs Trust Funding Calculator: How Much Do You Need? URL: https://baratelliinstitute.com/tool-snt-funding-calculator.html Last updated: 2026-07-30 How much does an SNT need today to support a child for life? Year-by-year cashflow, three return/inflation scenarios, funding gap in dollars. Free tool. ### Social Security Claiming Age Optimizer URL: https://baratelliinstitute.com/tool-social-security-optimizer.html Last updated: 2026-06-23 The transparent claim-age optimizer. Enter your PIA, FRA, and longevity. We show the monthly benefit at every age from 62 to 70, the cumulative lifetime benefit at your life expectancy, the breakeven age vs every earlier claim, spousal optimization, WEP/GPO flags for public-sector pensioners, and the provisional-income tax math ($25K/$32K thresholds). Every formula visible. The transparent alternative to the opaque single-number 'optimal claim age' tools. ### W-2 Federal + State Income Tax Estimator URL: https://baratelliinstitute.com/tool-w2-tax-estimator.html Last updated: 2026-07-19 A simple federal and state income tax estimator for W-2 employees with straightforward tax lives. Covers 50 states + DC, Roth-vs-Traditional 401(k) split, second W-2, 1099-INT/DIV/B basics, HSA outside payroll, EITC, Saver's Credit, blind taxpayer add-ons, NYC/Philadelphia/Detroit local tax. OBBBA tip/OT exclusion + $4K senior bonus. Standard deduction only. Built for the ~85% of W-2 filers with simple tax lives — not a replacement for TurboTax. ### Multi-Entity Consolidation Workbook (Free XLSX) · See Every Company You Run as One Group URL: https://baratelliinstitute.com/tools/multi-entity-consolidation-tool.html Last updated: 2026-07-11 A free working XLSX that consolidates every entity you run into one clean set of statements. Map each entity's chart of accounts once, paste fresh trial balances each month, and get a consolidating schedule, consolidated balance sheet and income statement with intercompany eliminated. Ships with a three-entity worked example. From the Baratelli Institute. ### US-Situs Estate-Exposure Estimator — Could the US Tax Your Estate? | The Baratelli Institute URL: https://baratelliinstitute.com/us-situs-estate-exposure-estimator.html Last updated: 2026-06-23 A free estimator for non-US persons: how much US estate tax could fall on your US shares, US funds, and US real estate — assets that are 'US-situs' even when held abroad — and how much of that exposure a non-US-domiciled fund can remove. From The Cross-Border Wealth Playbook. ### VA Combined Rating Calculator — Why 50% + 30% Isn't 80% | The Benefits Navigator URL: https://baratelliinstitute.com/va-combined-rating-calculator.html Last updated: 2026-06-23 A free VA disability combined-rating calculator that does the real 'VA math' — combining multiple ratings the way the VA actually does, with the bilateral factor and rounding — and shows why your ratings don't simply add up. Plus where to get free, accredited help. From The Benefits Navigator. ### W-4 Withholding Estimator URL: https://baratelliinstitute.com/w4-withholding-estimator.html Last updated: 2026-07-19 The W-4 withholding tool for W-2 employees who want to right-size their per-paycheck federal tax withholding — not over-withhold and lend the IRS interest-free, not under-withhold and face the underpayment penalty. Multi-job correction (Step 2), dependent credits (Step 3), other income and deductions (Step 4), with a recommended Step 4(c) extra-withholding adjustment. From the Baratelli Institute Practitioner Guide Series. ### WACC Calculator URL: https://baratelliinstitute.com/wacc-calculator.html Last updated: 2026-07-19 The defensible WACC every CFO and founder needs but most don't compute properly. CAPM cost of equity (risk-free + beta × ERP), after-tax cost of debt, target capital structure weights, size premium, industry-typical betas, country risk. The discount rate that should drive every capital allocation decision. From the Baratelli Institute Practitioner Guide Series. ### Wedding Budget Planner URL: https://baratelliinstitute.com/wedding-budget-planner.html Last updated: 2026-08-07 The practitioner-grade wedding budget planner. Full all-in cost — including the service fees, gratuities, alterations, postage, marriage license, rehearsal dinner, welcome bags, and wedding-party gifts most planners hide. Neutral, vendor-free, no funnel. From the Baratelli Institute Money Reality series. ### Workers Comp & EMR Optimizer URL: https://baratelliinstitute.com/workers-comp-emr-optimizer.html Last updated: 2026-08-07 The practitioner-grade workers comp tool for contractors, equipment dealers, HVAC, restaurants, solar installers, fleets, and any operator with field workers. EMR (experience mod) math, 3-year premium projection, claim-impact-on-EMR, safety-program ROI, and the deductible/SIR play. NCCI-aligned for non-monopolistic states. ## Tax Tools ### §877A Expatriation Exit-Tax Calculator | The Baratelli Institute URL: https://baratelliinstitute.com/877a-expatriation-calculator.html Last updated: 2026-07-09 Free tool: how much US tax to renounce citizenship? Mark-to-market exit tax + covered-expatriate determination + IRA deemed-distribution. From The International Tax & Cross-Border Wealth guide. ### Every Trump Accounts Contributor, July 2026 to Today · A Living Reference URL: https://baratelliinstitute.com/trump-accounts-contributors.html Last updated: 2026-07-19 Every announced Trump Accounts contributor via the Invest America program since the July 4, 2026 launch. Dell, Shotwell, Gerstner on one page. ## Policy Division ### Energy Division URL: https://baratelliinstitute.com/energy Last updated: 2026-08-07 The Baratelli Institute's Energy Division — practitioner-grade coverage of the American energy build: solar, nuclear, gas, storage, transmission. Every tool for the right job. ### Energy Matters URL: https://baratelliinstitute.com/energy-matters.html Last updated: 2026-08-01 Institute thesis: energy matters and delivering it quickly matters. There is no single answer. Every serious operator uses the full stack. Non-ideological, practitioner-first framework on how the American energy landscape actually works when someone has to build something. ### Institute Policy Discussions URL: https://baratelliinstitute.com/policy-discussions.html Last updated: 2026-08-07 Working papers by the Baratelli Institute on American solar deployment, transmission, and transformer supply. Editorial and analytical. Not investment advice. ### Solar Deployment Tracker URL: https://baratelliinstitute.com/solar-deployment-tracker.html Last updated: 2026-08-07 Living reference tracker of 47+ data-center-adjacent and hyperscaler-offtake solar projects across the US — developer, MW capacity, offtaker, state, interconnect status, and the land-value driver. Institute editorial view: land value follows energy access. ## Oil & Energy Reference (living data references) Fourteen linked pages covering global oil: proven reserves, OPEC+ production and spare capacity, rig counts, inventories and the Strategic Petroleum Reserve, the barrel-to-gallon price bridge, breakevens, the forward curve, real versus nominal prices, refining capacity and crack spreads, maritime chokepoints, OPEC+ quota versus actual output, diesel and distillates, and the barrel priced in thirty currencies. Every figure carries the date it was measured, separately from the date the page was published, and every derived ratio is computed from the underlying figures rather than transcribed. Where two primary sources disagree the conflict is printed rather than resolved. ### The Global Oil Reference — Reserves, Production, Rigs, Inventories URL: https://baratelliinstitute.com/oil.html Last updated: 2026-09-09 One reference for global oil: proven reserves by country, OPEC+ production and spare capacity, rig counts, inventories and the Strategic Petroleum Reserve, prices and refining — in plain English, in sortable tables, every figure carrying the date it was measured. ### What a Gallon of Gasoline Is Made Of — The Barrel-to-Gallon Bridge URL: https://baratelliinstitute.com/oil-barrel-to-gallon.html Last updated: 2026-09-09 The four components of a United States pump price for May 2026: crude 51.9%, refining 21.7%, distribution and marketing 14.8%, taxes 11.5% — converted to cents per gallon, checked against the barrel, with every measurement date stated. ### Oil Prices in Real Terms 1950–2026 — Inflation-Adjusted Crude and Pump Prices URL: https://baratelliinstitute.com/oil-price-history-real.html Last updated: 2026-09-09 United States crude oil prices nominal and inflation-adjusted from 1950 to 2026, the 2008 records in today's dollars, and why the 2026 diesel record is a nominal record only. Every figure dated and re-derivable. ### Oil Price in Other Currencies — Brent and WTI in 30 Currencies URL: https://baratelliinstitute.com/oil-price-currencies.html Last updated: 2026-09-09 What a barrel of Brent and WTI costs in 30 currencies, computed from one European Central Bank fixing on one date — and why the exchange rate, not the oil price, often does the work. ### Oil Forward Curve — Full WTI and Brent Futures Strip, Dated URL: https://baratelliinstitute.com/oil-futures-curve.html Last updated: 2026-09-09 Every listed WTI and Brent futures contract month with its settlement price, its move on the day and its open interest, for trade date September 4, 2026, plotted and tabulated — plus what contango and backwardation actually pay a trader to do, and why the curve drives inventories rather than describing them. ### Oil Breakevens — Wellhead and Fiscal, Kept Separate URL: https://baratelliinstitute.com/oil-breakevens.html Last updated: 2026-09-09 The WTI price a new well needs (about $66 a barrel, surveyed March 2026) against the price an existing well needs to keep running (about $43) — and why fiscal breakevens measure a budget rather than a rock. ### Proven Oil Reserves by Country — The Baratelli Institute URL: https://baratelliinstitute.com/oil-proven-reserves.html Last updated: 2026-09-09 Proven crude oil reserves for 41 countries at year-end 2025, ranked, with share of world total and reserve life computed at current production and at sustainable capacity. Every figure carries its measurement date. ### Oil Production and Spare Capacity by Country — The Baratelli Institute URL: https://baratelliinstitute.com/oil-production.html Last updated: 2026-09-09 Every OPEC+ member's crude production in August 2026 against its target and its sustainable capacity, plus United States output, with effective spare capacity of 0.22 mb/d against 100.1 mb/d of global supply. ### OPEC+ Quotas Against Actual Production — Country by Country, July 2026 URL: https://baratelliinstitute.com/oil-opec-quotas.html Last updated: 2026-09-09 Each OPEC+ country's implied production target against its actual July 2026 output, the shortfall in barrels and as a share of target, sustainable capacity alongside, and what the August and September 2026 decisions actually did. ### Oil and Gas Rig Counts, United States and Worldwide — The Baratelli Institute URL: https://baratelliinstitute.com/oil-rig-counts.html Last updated: 2026-09-09 588 rigs drilling in the United States at week ended September 4, 2026 — 449 oil, 130 gas — plus the worldwide monthly average, and why the count has barely responded to a four-year-high crude price. ### Refining Capacity and Crack Spreads — Gasoline, Distillate and 3-2-1 URL: https://baratelliinstitute.com/oil-refining-capacity.html Last updated: 2026-09-09 United States refining capacity on two published clocks five months apart, global throughput and utilisation, and gasoline, distillate, heating oil and 3-2-1 crack spreads computed in both cents per gallon and dollars per barrel from same-week legs. ### Diesel and Distillates — Stocks, the Sulphur Split and Why Diesel Costs More URL: https://baratelliinstitute.com/oil-diesel-distillates.html Last updated: 2026-09-09 United States distillate stocks by sulphur grade, weekly production against consumption, the diesel-over-gasoline pump gap decomposed into tax and market, the yield constraint behind it, and why the 2026 record is nominal only. ### Oil Inventories and the Strategic Petroleum Reserve — The Baratelli Institute URL: https://baratelliinstitute.com/oil-inventories.html Last updated: 2026-09-09 United States commercial crude at 424.5 million barrels, the Strategic Petroleum Reserve at 285.4 million — 39.3% of authorised capacity and the lowest since November 1982 — and global observed stocks, each dated. ### Oil Chokepoints — Hormuz, Malacca, Suez and Five More, With Flow Volumes URL: https://baratelliinstitute.com/oil-chokepoints.html Last updated: 2026-09-09 Total oil flows through the eight world chokepoints from 2020 to the first half of 2025, each as a share of maritime oil trade, Hormuz bypass capacity against actual flows, and why the share column must never be summed. ## Reference Pages, Primers, and Frameworks ### Operator Maturity Diagnostic URL: https://baratelliinstitute.com/bop-operator-maturity-diagnostic.html Last updated: 2026-06-23 Score your operating system across the four-framework BOP spine. Get a maturity rating and a 90-day improvement priority. ## Institute Pages ### Phil Baratelli, CPA, MBA — Founder, The Baratelli Institute URL: https://baratelliinstitute.com/about.html Last updated: 2026-07-22 Phil Baratelli, CPA, MBA. Thirty years across family-office CFO, public-company finance, real estate, and SBA advisory. Founder of the Baratelli Institute. ### For Advisors URL: https://baratelliinstitute.com/advisors.html Last updated: 2026-07-19 For the advisors who serve principals: CPAs, RIAs, attorneys, family-office staff, and realtors. Sharpen your expertise with the practitioner guide library, run the free tools live in client meetings, and co-brand client-facing deliverables. By a former Family Office CFO and principal investor, CPA since 1995. ### Free Practitioner Tools: Tax, M&A, Estate, Real Estate, More URL: https://baratelliinstitute.com/all-tools.html Last updated: 2026-08-07 The full catalog of free practitioner calculators — tax, M&A, estate, real estate, treasure assets, practice profitability, consumer finance. Browse the library. ### Case Studies · Mentoring at Scale™ URL: https://baratelliinstitute.com/case-studies.html Last updated: 2026-08-07 Practitioner case memos from The Baratelli Institute — memo, financial model, boardroom deck, combined print edition, hub — every layer built to boardroom-defensible standard, free to read. A category of one. LVMH, Samsung, Berkshire, Disney, Comcast, Copart, Belron dividend recap, and more. ### Baratelli Foundations Series · Free References URL: https://baratelliinstitute.com/foundations.html Last updated: 2026-08-01 The Baratelli Foundations Series — six free practitioner references in English plus one Spanish Beta edition. Journal entries, accounting, corporate finance, financial statement analysis, QuickBooks setup, tax deductions. The references the flagship guides build on. Free. No email gate. ### How the Library Works URL: https://baratelliinstitute.com/how-the-library-works.html Last updated: 2026-07-19 The four kinds of work the Baratelli Institute publishes — Guides, Case Studies, Briefs, and Field Notes — and how to know which one to read. ### If We Ran Berkshire — The Operator's Chair URL: https://baratelliinstitute.com/if-we-ran-berkshire.html Last updated: 2026-07-19 If We Ran Berkshire — an editorial capital-allocation framework organized by four acquisition lenses: vertical integration, horizontal consolidation, new industries, and new-conglomerate creation, each tested against Buffett's own filters. Educational, not investment advice. ### The Baratelli Institute — Practitioner Reference Library URL: https://baratelliinstitute.com/index.html Last updated: 2026-08-07 The corporate finance reference library — practitioner-grade and source-cited. Corporate acquisitions, WACC, valuation, family office, estate frameworks, CFO practice, bond math, NFL business, athletes' wealth. 31 guides, 265+ tools, 22 case studies, 91+ acquisition records & ledgers, 73 WACC pages. By Philip A. Baratelli, CPA (1995) + MBA (2016). Mentoring at Scale. ### The Practitioner Platform URL: https://baratelliinstitute.com/library-atlas.html Last updated: 2026-08-07 The Baratelli Institute publishes the practitioner case memo — memo, financial model, boardroom deck, combined print edition, hub — every layer built to boardroom-defensible standard, free to read. A category of one. Plus 47+ reference guides, 445+ free interactive tools, 14+ flagship cases (Berkshire, Disney, Comcast, LVMH, Samsung, Copart, and more), and 19+ Foundations references. ### Privacy Policy URL: https://baratelliinstitute.com/privacy.html Last updated: 2026-06-23 The Baratelli Institute privacy policy. What we collect, why, who we share it with, your rights, and how to reach us. ### Search URL: https://baratelliinstitute.com/search.html Last updated: 2026-07-19 Search the Baratelli Institute — 31+ practitioner guides, case studies, 266+ free tools, Berkshire Reads, the Brief, and Foundations — all in one place. ### For Teachers — Free Money Worksheets, K–12 by Grade | The Baratelli Institute URL: https://baratelliinstitute.com/teachers.html Last updated: 2026-08-07 Free, ready-to-print money and financial-literacy worksheets for every grade, K through 12. Coins and counting through credit, taxes, and investing — with teacher answer keys and real-world projects. Built by a CPA, free to copy. ### Terms of Service URL: https://baratelliinstitute.com/terms.html Last updated: 2026-06-23 The Baratelli Institute terms of service. License, refunds, disclaimers, and the rules governing use of our guides, tools, and website. ## Additional References ### 529 State Tax Deduction Calculator URL: https://baratelliinstitute.com/529-state-tax-deduction.html Last updated: 2026-07-19 The practitioner-grade 529 state tax deduction tool for parents and grandparents. Compare in-state plan deduction value vs. best-of-breed out-of-state plan fees, over 18 years, for your real situation. From the Baratelli Institute Money Reality HS Edition + Family Office Guide. ### 529 vs Roth vs UTMA — Decision Tool URL: https://baratelliinstitute.com/529-vs-roth-vs-utma.html Last updated: 2026-07-19 Three places to save for college, each with different rules and different what-if-they-don't-go outcomes. After-tax value, FAFSA hit, flexibility, and the verdict for your family. From the Baratelli Institute Money Reality HS Edition + Family Office Guide. ### Redirecting to ABLE vs SNT Layering Tool URL: https://baratelliinstitute.com/able-snt-layering.html Last updated: 2026-07-11 ### AI Readiness Assessment for Practitioners URL: https://baratelliinstitute.com/ai-readiness.html Last updated: 2026-07-19 Where does your CPA, RIA, fractional CFO, or advisory practice stand on AI integration? A practitioner-specific assessment that produces a tailored 90-day roadmap. ### AI Task Discovery Catalog · What to Ask AI to Do for Your Job This Week URL: https://baratelliinstitute.com/ai-task-catalog.html Last updated: 2026-07-19 The companion catalog to AI Integration Decoded. Pick your role (CFO, Family Office Principal, FO CIO, Estate Attorney, Trust Officer, CPA, RIA, Business Owner). Pick your work this week. Get 30-50 audit-defensible AI tasks with the exact prompts to paste, the expected output, and the guardrail callouts for the regulated-professional seat. Free companion to the AI Integration Decoded guide. ### Annual Fund vs. Capital Campaign URL: https://baratelliinstitute.com/annual-fund-vs-capital-campaign.html Last updated: 2026-07-19 The strategic-timing tool for executive directors, board chairs, and development directors weighing a capital campaign against annual-fund risk. Donor capacity audit, cannibalization model, sequencing decision — modeled in one screen. From the Baratelli Institute Practitioner Guide Series. ### Asset Sale vs. Stock Sale (§338(h)(10)) URL: https://baratelliinstitute.com/asset-vs-stock-sale.html Last updated: 2026-07-19 The most-misunderstood deal-structure decision in middle-market M&A. Buyer step-up benefit, seller double-tax exposure, §338(h)(10) election math, gross-up negotiation, and the bright lines for when each structure makes sense. From the Baratelli Institute Practitioner Guide Series. ### Athletes & NIL URL: https://baratelliinstitute.com/athlete-nil-hub.html Last updated: 2026-07-13 The financial playbook for athletes and NIL earners — managing the short window when the money is enormous and the mistakes are permanent. Free tools and guides. ### The Athlete's Wealth Trajectory URL: https://baratelliinstitute.com/athlete-wealth-trajectory.html Last updated: 2026-07-19 Project career earnings, savings curve, and post-career runway. NFL, NBA, MLB, NHL, soccer (international), cricket, golf, tennis, MLS. Compare disciplined vs. typical athlete financial trajectory. ### Auction Hammer-Ratio Analyzer URL: https://baratelliinstitute.com/auction-hammer-ratio.html Last updated: 2026-07-19 The practitioner tool for nonprofit auction chairs and development officers. Why some items hammer below FMV and some above — and how to design the item mix, starting bids, and format to maximize the room's actual capacity. From the Baratelli Institute Practitioner Guide Series. ### Auction House Take-Rate Calculator URL: https://baratelliinstitute.com/auction-house-take-rate.html Last updated: 2026-07-19 The full auction-house take-rate consigners discover too late. Buyer's premium (25-29% sliding), seller's commission (5-15% sliding by lot value), insurance, photography, illustration, internet, withdrawal/buy-back fees. Compare auction vs. private treaty vs. dealer vs. fractional platform. From the Baratelli Institute Practitioner Guide Series. ### 10-Year Auto TCO URL: https://baratelliinstitute.com/auto-tco-10-year.html Last updated: 2026-07-19 The honest 10-year total cost of ownership for a vehicle. Depreciation curve, fuel, insurance, maintenance ladder, tires and brakes, major-repair reserve after year 7, registration and property tax, plus the opportunity cost on down payment. Usually 2.5-3x sticker price. Companion to Money Reality (First Job Edition) and the Athletes' Wealth Playbook. ### Bargain Sale to Charity Calculator URL: https://baratelliinstitute.com/bargain-sale-to-charity.html Last updated: 2026-07-19 Bargain sale to charity. Donor sells property to charity for less than FMV. Two-part transaction — sale portion (gain recognized on proportionate share sold for cash) plus gift portion (charitable deduction for FMV minus sale price). Useful for highly-appreciated real estate, closely-held stock, art when the donor needs some liquidity. Comparison vs outright donation and outright sale. From the Baratelli Institute Practitioner Guide Series. ### Bathroom Remodel Cost & ROI URL: https://baratelliinstitute.com/bathroom-remodel-cost-roi.html Last updated: 2026-07-19 Practitioner-grade bathroom remodel cost + 5-year resale ROI tool. Powder / half / full / primary, tier-by-tier breakdown, regional pricing, ROI vs benchmark. From Remodeling Magazine Cost vs Value Report data. ### The Benefits Navigator — an imprint of The Baratelli Institute URL: https://baratelliinstitute.com/benefits-navigator.html Last updated: 2026-07-19 The Benefits Navigator is an imprint of The Baratelli Institute. Plain-English reference guides, free interactive tools, and workbooks for the families and advisors navigating government benefits — VA disability, Medicaid long-term care, and SSDI/SSI. First flagship: The VA Disability Playbook (June 2026). A benefits system is not a maze built to defeat you — it's a set of rules, and the rules are knowable. ### Board Giving Expectations Tool URL: https://baratelliinstitute.com/board-giving-expectations.html Last updated: 2026-07-19 The give/get framework tool for nonprofit board chairs, nominating committee chairs, and executive directors. Calculate realistic board fundraising contribution, set tiered give/get expectations, generate sample policy language. From the Baratelli Institute Special Needs Families toolkit. ### 8 Wastes Self-Audit URL: https://baratelliinstitute.com/bop-8-wastes-audit.html Last updated: 2026-06-23 Toyota DOWNTIME audit with industry-typical dollar-impact bands. ### Cash Conversion Cycle Calculator URL: https://baratelliinstitute.com/bop-cash-conversion-cycle.html Last updated: 2026-06-23 DSO + DIO - DPO with industry-typical bands and improvement levers. ### Constraint Finder (Goldratt Five Steps) URL: https://baratelliinstitute.com/bop-constraint-finder.html Last updated: 2026-06-23 Walk through Goldratt's Five Focusing Steps and produce a 1-page action plan. ### DBS-Lite Scorecard URL: https://baratelliinstitute.com/bop-dbs-lite-scorecard.html Last updated: 2026-06-23 Lightweight Danaher Business System assessment across five pillars with gap heatmap. ### Exit Readiness Scorecard URL: https://baratelliinstitute.com/bop-exit-readiness-scorecard.html Last updated: 2026-06-23 PE-buyer-style scorecard across Financial, Operational, Organizational, and Market dimensions. ### HR Cost-per-Hire Calculator URL: https://baratelliinstitute.com/bop-hr-cost-per-hire.html Last updated: 2026-06-23 Free Cost-per-Hire calculator from the Business Operator's Blueprint — total the true cost of filling a role, from advertising through onboarding. ### Little's Law Throughput Modeler URL: https://baratelliinstitute.com/bop-littles-law-throughput.html Last updated: 2026-06-23 Free Little's Law throughput modeler from the Business Operator's Blueprint — relate work-in-process, throughput, and lead time for any operation. ### Network Design Sketch URL: https://baratelliinstitute.com/bop-network-design-sketch.html Last updated: 2026-06-23 Free network design sketch tool from the Business Operator's Blueprint — rough out facility, distribution, and capacity layouts before you commit capital. ### Operating Rhythm Designer URL: https://baratelliinstitute.com/bop-operating-rhythm-designer.html Last updated: 2026-06-23 Generate a recommended daily / weekly / monthly meeting cadence based on company size and industry. ### Operator Decision Logger URL: https://baratelliinstitute.com/bop-operator-decision-logger.html Last updated: 2026-06-23 Bezos Type-1 / Type-2 decision logger with browser-local storage and CSV export. ### Queue / Throughput Calculator (M/M/s) URL: https://baratelliinstitute.com/bop-queue-throughput-calc.html Last updated: 2026-06-23 Sizing tool for any queue: cashiers, kitchens, support tickets, attractions, surgery suites. ### Portfolio RevPAR Modeler URL: https://baratelliinstitute.com/bop-revpar-portfolio.html Last updated: 2026-06-23 Free portfolio RevPAR modeler from the Business Operator's Blueprint — model revenue per available room across a multi-property hospitality portfolio. ### Supplier Scorecard (5-D) URL: https://baratelliinstitute.com/bop-supplier-scorecard.html Last updated: 2026-06-23 Quality, OTIF, Cost, Social Compliance, IP. Weighted score with tier recommendation. ### Throughput Accounting (T-I-OE) URL: https://baratelliinstitute.com/bop-throughput-accounting-calc.html Last updated: 2026-06-23 Goldratt T-I-OE calculator with constraint-decision frame for product-mix prioritization. ### Unit Economics Builder URL: https://baratelliinstitute.com/bop-unit-economics-builder.html Last updated: 2026-06-23 CAC, LTV, contribution margin, payback. Industry-vertical presets included. ### Bridesmaid / Groomsman True Cost URL: https://baratelliinstitute.com/bridesmaid-groomsman-true-cost.html Last updated: 2026-07-19 The $1,500-$3,000 nobody warned them about. The full cost of being in someone's wedding party — dress or suit, alterations, shoes, hair, makeup, bachelor/bachelorette weekend, shower, gifts, travel, lodging — with honest guidance on how to decline graciously when the number doesn't work. From the Baratelli Institute Money Reality series. ### The First 90 Days After Signing · A Free Companion Brief to the Athletes' Wealth Playbook URL: https://baratelliinstitute.com/brief-awp.html Last updated: 2026-07-19 A free companion brief to the Athletes' Wealth Playbook. The tax and financial decisions a professional athlete faces in the first 90 days after signing the first big contract: state residency election, signing-bonus sourcing under IRC section 61, first-quarter estimated tax setup, and the deferred-comp lesson from the Bonilla contract. Practitioner-grade, sourced, no fluff. ### The Baratelli Brief · Mentoring At Scale™ URL: https://baratelliinstitute.com/brief.html Last updated: 2026-07-19 The Baratelli Brief — Mentoring At Scale from the Baratelli Institute. One real practitioner problem walked end to end: the math, the structure, the move. Twice a month. Free. Archive of all back issues. ### Brooke Thompson · AWP Video Series Host URL: https://baratelliinstitute.com/brooke-thompson.html Last updated: 2026-07-19 Brooke Thompson is the AI-generated host of the Athletes' Wealth Playbook video series. AI-disclosed. Practitioner content authored by Phil A. Baratelli, CPA, MBA. Free editions for athletes, parents, coaches. ### Business Estimated Tax Calculator (with PTET) URL: https://baratelliinstitute.com/business-estimated-tax.html Last updated: 2026-07-19 The estimated-tax calculator for C-corps, S-corps, partnerships, and LLCs taxed as either. Federal Form 1120-W safe harbor analysis (100% prior year for small corps; current-year for large corps). Pass-through entity tax (PTET) — the SALT-cap workaround now available in 33+ states that most owners and many CPAs are still missing. Quarterly schedule, state-by-state PTET rates, federal deduction value. From the Baratelli Institute Practitioner Guide Series. ### Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/buy-a-business.html Last updated: 2026-06-29 A practitioner's hub on buying a small business in the silver-tsunami era: how to find, value, fund, and run diligence on an acquisition — without overpaying or getting burned. ### The Buyer Journey · Business Buyer's Guide Walkthrough URL: https://baratelliinstitute.com/buyer-journey.html Last updated: 2026-07-19 A 24-month walkthrough of buying a $2.5M services business using 11 tools from the Baratelli Institute library. From first thoughts of acquisition through Year 1 operating. The companion arc to the Sale Journey. ### CapEx Justification Tool URL: https://baratelliinstitute.com/capex.html Last updated: 2026-07-19 The capital-expenditure justification tool every CFO actually uses. NPV, IRR, MIRR, payback, MACRS depreciation, bonus + Section 179, sensitivity tornado, three-scenario build, strategic-fit scorecard, and the post-implementation review template. From the Baratelli Institute Practitioner Guide Series. ### Capital Campaign Pace Tool URL: https://baratelliinstitute.com/capital-campaign-pace.html Last updated: 2026-07-19 The practitioner-grade capital campaign pace tool for foundation CEOs, campaign chairs, and major-gift teams running $5M-$500M campaigns over 3-7 years. Gift pyramid, prospect coverage at each tier, quiet-phase threshold, year-by-year pacing. From the Baratelli Institute Practitioner Guide Series. ### Caregiver FMLA + Income Protection Planner URL: https://baratelliinstitute.com/caregiver-fmla-income-protection.html Last updated: 2026-07-19 A practitioner-grade leave + income-protection planner for parents taking months off to be with a child in treatment. FMLA eligibility, state PFML, paid employer leave, short-term disability, and the real replacement-income gap. From the Family Office Guide + Estate Planning Decoded. ### Comcast Media/Technology Separation — SOTP Case Study URL: https://baratelliinstitute.com/cases/comcast-case-study.html Last updated: 2026-07-15 The Baratelli Institute practitioner case study on Comcast's Media/Technology separation. SOTP model, IC memo, LBO on theme parks. Free PDFs and Excel models. ### Copart + Berkshire — A Hypothetical Acquisition Analysis URL: https://baratelliinstitute.com/cases/copart-berkshire-case.html Last updated: 2026-07-15 The Baratelli Institute practitioner case study on a hypothetical Berkshire acquisition of Copart. Standalone SOTP intrinsic value, GEICO integration, family-controlled business precedent. ### Danaher Corporation — The Operating-System Compounder | A Baratelli Institute Case Memo URL: https://baratelliinstitute.com/cases/danaher-compounder-case.html Last updated: 2026-07-15 The Baratelli Institute practitioner case memo on Danaher Corporation. Eleven sections walking Danaher today, the Rales origin, the Rales philosophy, the Danaher Business System (DBS), DBS vs Six Sigma vs Toyota Production System, printable DBS practitioner checklists, the Larry Culp era at Danaher, Larry Culp at GE, the three Danaher spinoffs (Fortive, Envista, Veralto), the Rales Family Office estate architecture, and Danaher place in the four-archetype compounder taxonomy alongside Berkshire, Constellation Software, and LVMH. Informational primer — not a valuation call. Not investment advice. ### Belron / Safelite — The 2024 Record-Scale Dividend Recapitalization URL: https://baratelliinstitute.com/cases/dividend-recap-case.html Last updated: 2026-07-15 The Baratelli Institute practitioner case study on the Belron / Safelite 2024 dividend recapitalization — record-scale €4.4B extraordinary dividend funded by €8.1B new debt. Full model, comparables to Domino's 2012, Getty Images, Clarios 2025, and First Data. D'Ieteren FY2025 update. Not investment advice. ### LVMH — The Arnault Family Architecture URL: https://baratelliinstitute.com/cases/lvmh-arnault-case.html Last updated: 2026-07-11 The Baratelli Institute practitioner case study on LVMH Moet Hennessy Louis Vuitton. Bernard Arnault, family succession, real estate as hidden asset, Belmond, Cheval Blanc, Financiere Agache, and the reference architecture for multi-generational family control of a global luxury champion. ### Penske Automotive — Why Berkshire Is The Natural Buyer, If The Family Ever Sells URL: https://baratelliinstitute.com/cases/penske-berkshire-case.html Last updated: 2026-07-11 The Baratelli Institute practitioner case memo on Penske Automotive Group as a Berkshire Hathaway acquisition candidate. Berkshire already owns approximately 19% of PAG; Roger Penske is 89. This memo does not predict a transaction — it maps the architecture that would apply IF the Penske family ever chooses to sell, and argues that in that scenario Berkshire is the natural counterparty. Walks the asset architecture across PAG plus Penske Corporation plus Penske Transportation Solutions, the succession framework, the sum-of-the-parts valuation, the transaction mechanics under a friendly-founder framework, the tax treatment, the Berkshire portfolio fit, and the equally-plausible-outcome counter-cases. Not investment advice. ### Samsung — The Lee Family Architecture URL: https://baratelliinstitute.com/cases/samsung-lee-case.html Last updated: 2026-07-11 The Baratelli Institute practitioner case study on Samsung Electronics and the Lee family. The largest inheritance tax event in world history, the chaebol cross-shareholding architecture, Samsung Life Insurance as the structural keystone, and the reference architecture for multi-generational family control of a Korean global champion. ### The CFO Engagement Estimator URL: https://baratelliinstitute.com/cfo-engagement.html Last updated: 2026-07-19 Right-size your finance function. Compare fractional CFO, full-time CFO, and controller-only models for your company's specific stage and complexity. ### For the CFO & Finance Practitioner URL: https://baratelliinstitute.com/cfo-practitioner-hub.html Last updated: 2026-06-30 Guides and tools for the people who run the finance function, do the deals, and sign their name to the numbers — the CFO and finance practitioner's reference shelf. ### Changing Careers Without Starting Over | Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/changing-careers.html Last updated: 2026-08-07 The two-step career pivot: change one variable at a time, not both at once. Why your transferable skills are the bridge, and why it's never too late. ### Circle the Field — Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/circle-the-field.html Last updated: 2026-08-07 Love a field but see no path to the obvious job? Circle the Field is a method for finding the dozens of better doors around any field you're passionate about — with a skills-and-verbs matrix, an economics lens, and a worked case. ### Co-brand the Journey · Free for Realtors & Brokers URL: https://baratelliinstitute.com/cobrand-builder.html Last updated: 2026-07-19 Free, instant co-branding for real-estate agents and business brokers. Add your photo, name, and contact info to a practitioner-grade buying or selling journey — and send the custom URL to your clients. Sixty seconds, your face on it. ### House v. NCAA Settlement Explained — $20.5M Rev-Share Cap, $2.8B Back-Pay URL: https://baratelliinstitute.com/college-athlete-revenue-sharing.html Last updated: 2026-08-07 The June 2025 House v. NCAA settlement lets Division I schools pay athletes directly for the first time. $20.5M cap per school (2025-26), growing to $33M by 2035, plus $2.8B in back damages. Baratelli Institute practitioner reference on the settlement, CAPS/NIL GO enforcement, and the financial-planning implications for college athletes and their families. ### College Football Coaching Changes & Contract Movement Reference URL: https://baratelliinstitute.com/college-football-coaching-changes.html Last updated: 2026-08-01 Every P4 head-coach change, every material contract adjustment, and every buyout paid this cycle. The Baratelli Institute living reference tracking the 2025-26 coaching carousel and contract-movement market. Covers Big Ten SEC ACC Big 12 head-coach hires and ### The NIL Payment Disclosure Reference URL: https://baratelliinstitute.com/college-football-nil-disclosure-reference.html Last updated: 2026-08-01 What is public today, what is not, and what is about to change. Every P4 program's NIL and revenue-share disclosure landscape tracked across three vectors: 501(c)(3) collective 990 filings, the Deloitte-administered House-settlement clearinghouse, and state open-records law over athletic-department revenue-share payments. ### The Compounding Life · An Imprint of the Baratelli Institute URL: https://baratelliinstitute.com/compounding-life.html Last updated: 2026-07-19 The Compounding Life — the Baratelli Institute's imprint for the inner craft of a wealthy life. Three books for any reader: Decide. Act. Now., You Are Wealthier Than You Imagined, and Wealth Psychology. Small choices compound. Wealth is broader than a bank balance. ### Concentrated Stock Diversification Calculator URL: https://baratelliinstitute.com/concentrated-stock-diversification.html Last updated: 2026-07-19 The single-stock concentration risk that destroys more wealth than any other mistake — and the six tax-aware unwinding strategies most advisors don't fully model. 10b5-1 sells, exchange funds (§721 / §351), charitable trusts (CRT / CLAT), zero-cost collars, direct-indexing tax-loss harvesting, and outright sale. Side-by-side after-tax NPV comparison. From the Baratelli Institute Practitioner Guide Series. ### Conservation Easement Deduction URL: https://baratelliinstitute.com/conservation-easement.html Last updated: 2026-07-19 Conservation easement deduction estimator with IRS-scrutiny flags. Donor permanently restricts land use; deduction = before-easement FMV minus after-easement FMV. Heavily audited — Notice 2017-10 makes syndicated easements with deductions over $250K listed transactions requiring Form 8886 disclosure. Personal vs syndicated, qualified-appraiser requirement, red flags. From the Baratelli Institute Practitioner Guide Series. ### Contractor Bonding Capacity & Strategic Review URL: https://baratelliinstitute.com/contractor-wip-profitability.html Last updated: 2026-07-19 The contractor strategic review your surety, banker, and acquirer actually want to see. Bonding capacity (single-job + aggregate), profit-fade analysis, change-order economics, win-rate diagnostics. The view your accounting system's WIP report doesn't give you. From the Baratelli Institute Practitioner Guide Series. ### Cookie Notice URL: https://baratelliinstitute.com/cookies.html Last updated: 2026-06-23 The Baratelli Institute cookie notice. What cookies we use, why, and how to control them. ### Baratelli Cost of Equity Reference · 73 Companies · CAPM URL: https://baratelliinstitute.com/cost-of-equity.html Last updated: 2026-07-19 CAPM cost of equity for 73 major public companies. Practitioner reference, sourced inputs, quarterly refresh. Free from the Baratelli Institute. ### CPA Firm Engagement Profitability URL: https://baratelliinstitute.com/cpa-firm-profitability.html Last updated: 2026-07-19 The practice-management tool every CPA firm partner should run on themselves before next budget cycle. Realization, utilization, lockup days, effective rate, profit per equity partner, engagement-level profitability. From the Baratelli Institute Practitioner Guide Series. ### Creator Hub — The Business Behind the Content URL: https://baratelliinstitute.com/creator-hub.html Last updated: 2026-07-19 For YouTubers, podcasters, newsletter operators, TikTok creators, Substack writers, and course creators — the neutral practitioner reference for the money side of the creator business. Free calculators, guides, and the practitioner voice on your industry. ### Medical Crowdfunding Realism Check URL: https://baratelliinstitute.com/crowdfunding-realism.html Last updated: 2026-07-19 A practitioner-grade reality check for medical crowdfunding campaigns. Honest 30/60/90-day projections, tax treatment of receipts, the 1099-K threshold, and the recommendation to layer with employer hardship benefits + community fundraising. From the Family Office Guide + Estate Planning Decoded. ### Customer Concentration & AR Aging Tool URL: https://baratelliinstitute.com/customer-concentration-ar-aging.html Last updated: 2026-06-23 The practitioner-grade receivables risk tool for B2B operators — equipment dealers, contractors, solar installers, survey firms, restaurant caterers. Customer concentration (Herfindahl), AR aging waterfall, DSO calculation, bad-debt reserve under ASC 326 CECL, and the cash-gap stress test if your top customer pays 60 days late. ### Donor-Advised Fund Bunching Strategy URL: https://baratelliinstitute.com/daf-bunching-strategy.html Last updated: 2026-07-19 For donors who fall just below the standard-deduction itemization threshold each year, bunching 3-5 years of charitable giving into a single DAF contribution year recovers a deduction most taxpayers leak. Five-year comparison, recommended bunch year, expected tax savings. From the Baratelli Institute Practitioner Guide Series. ### Deal Multiple Lookup URL: https://baratelliinstitute.com/deal-multiples.html Last updated: 2026-07-19 What does your business sector trade for? EV/EBITDA and EV/Revenue benchmarks across 30+ sectors with precedent transactions. ### Distribution Deals vs. Standard Record Contracts — the masters-ownership architecture that decides an artist's long-term economics URL: https://baratelliinstitute.com/distribution-deals-vs-record-contracts.html Last updated: 2026-08-07 Standard record contracts and distribution deals produce structurally different long-term economics for recording artists. The Institute walks both architectures at practitioner depth: what the label owns, what the artist keeps, how the recoupment math works, and the case log from Chance the Rapper and Frank Ocean through Beyoncé / Parkwood, Post Malone, Nipsey / Empire, Macklemore / ADA, BTS / HYBE, and Snoop Dogg's post-2016 Empire arrangement and 2022 Death Row buyback. ### Donor Pipeline Math URL: https://baratelliinstitute.com/donor-pipeline-math.html Last updated: 2026-07-19 The practitioner tool for development directors building 24-month giving forecasts. Prospects × probability × gift size, by capacity tier and cultivation stage, with staff-portfolio capacity warnings and calendar pacing. From the Baratelli Institute Practitioner Guide Series. ### Due Diligence: What to Check Before You Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/due-diligence.html Last updated: 2026-08-07 The checks that separate a great acquisition from an expensive mistake: quality of earnings, customer concentration, owner dependence, key people, and the paper trail. ### E-Com Sales Tax Nexus & 1099-K Tracker URL: https://baratelliinstitute.com/ecom-sales-tax-nexus-1099k.html Last updated: 2026-07-19 The compliance compass every e-commerce seller needs but most don't run. State-by-state economic-nexus thresholds (post-Wayfair), marketplace-facilitator carve-outs, registration cost vs cost-of-non-compliance, and the 1099-K reconciliation that prevents you from overpaying tax on gross-vs-net reporting. From the Baratelli Institute Practitioner Guide Series. ### E-commerce Unit Economics URL: https://baratelliinstitute.com/ecommerce-unit-economics.html Last updated: 2026-07-19 The unit economics every DTC and Amazon FBA founder should know cold. AOV, CAC, LTV, payback period, contribution margin, LTV:CAC ratio. Channel-by-channel comparison for Amazon vs Shopify vs hybrid. From the Baratelli Institute Practitioner Guide Series. ### Equipment: Buy vs Lease vs Finance URL: https://baratelliinstitute.com/equipment-buy-vs-lease-vs-finance.html Last updated: 2026-07-19 Three ways to put steel on the ground — outright purchase, operating lease, or equipment financing — and the math (NPV, tax shield, opportunity cost, §179/§168(k)) that decides which one is right. For Cat dealer customers, solar contractors, restaurants, survey firms, and any operator buying capital equipment. ### Estate Planning Business Valuation URL: https://baratelliinstitute.com/estate-business-valuation.html Last updated: 2026-07-19 The closely-held business valuation for gift & estate tax purposes. DLOM (Discount for Lack of Marketability), DLOC (minority interest discount), §2703 buy-sell agreement test, Rev. Rul. 59-60 factors, FLP/FLLC discount stacking, the IRS-challenge defense framework. Reduces a $50M business to a $25-35M reportable value when properly structured. From the Baratelli Institute Practitioner Guide Series. ### Estate Planning for Collectibles URL: https://baratelliinstitute.com/estate-planning-collectibles.html Last updated: 2026-07-19 The four exit paths for treasure assets — sell, charitable donate (related-use vs not), bequeath, fractional gift — and the after-tax math that should drive the choice. 28% federal collectibles rate + state + NIIT + auction friction can hit 50% combined, but a charitable-related-use donation can be 100% deduction at full FMV. From the Baratelli Institute Practitioner Guide Series. ### Estate Tax Headroom Calculator URL: https://baratelliinstitute.com/estate-tax-headroom.html Last updated: 2026-07-19 See your federal and state estate tax exposure at projected death-date estate value. Federal exemption $15M / $30M MFJ post-OBBBA, plus 15+ states with their own estate / inheritance tax. Most HNW families miss the state-level exposure. From the Baratelli Institute Practitioner Guide Series. ### Etsy True-Take-Rate Calculator URL: https://baratelliinstitute.com/etsy-true-take-rate.html Last updated: 2026-07-19 The full Etsy take-rate sellers underestimate. Listing fee, transaction fee (6.5% on item + shipping + tax), payment processing (3% + $0.25), the mandatory offsite-ads trap that hits at $10K annual revenue, currency conversion fees, Etsy Plus / Pattern subscriptions, returns drag. Per-sale waterfall to net-after-fees. From the Baratelli Institute Practitioner Guide Series. ### Event True ROI Tool URL: https://baratelliinstitute.com/event-true-roi.html Last updated: 2026-07-19 The practitioner tool that turns a one-line cash-net into a full 5-year donor-lifetime view of an event. Pipeline value, board recruits, brand-building, retention impact — the soft revenue every gala report skips. From the Baratelli Institute Practitioner Guide Series. ### Every Child an Investor — Trump Accounts, explained free | The Baratelli Institute URL: https://baratelliinstitute.com/every-child-an-investor.html Last updated: 2026-07-19 A free Institute initiative on the new Trump Accounts: what they are, the compounding that makes them grow, a free step-by-step guide for parents, and a playbook for foundations and donors who want to seed accounts at scale. ### The Family Office URL: https://baratelliinstitute.com/family-office-hub.html Last updated: 2026-07-09 From the day the office is set up to the day the legacy passes — the right reference at every seat of the family office. Guides and tools from the Baratelli Institute. ### FBAR + Form 8938 Reporting Threshold Checker | The Baratelli Institute URL: https://baratelliinstitute.com/fbar-8938-threshold-checker.html Last updated: 2026-07-09 Free tool: do you need to file an FBAR or Form 8938? Threshold check by filing status, residence, and aggregate foreign account balances. From The International Tax & Cross-Border Wealth guide. ### Field Notes · Mentoring At Scale™ from the Baratelli Institute URL: https://baratelliinstitute.com/field-notes.html Last updated: 2026-07-19 Field Notes - Mentoring At Scale from the Baratelli Institute. Each entry teaches one concept from the practitioner library, references the chapter and section, and links to a free tool you can use on your own numbers. ### What Happens After the Peak: Brooks Koepka and the Athletes' Wealth Long Game · Field Notes URL: https://baratelliinstitute.com/field-notes/2026-05-11-brooks-koepka-liv.html Last updated: 2026-06-23 The career-arc question is the harder one. The rookie contract gets the headlines; the second contract and the post-peak phase determine whether the wealth survives the career. ### 7,028 Transfers and Counting: Florida's Teen-Sports Pipeline Is Already a Family-Office Conversation · Field Notes URL: https://baratelliinstitute.com/field-notes/2026-05-12-florida-teen-sports.html Last updated: 2026-06-23 Harriet Ryan's WSJ reporting on 7,028 Florida high-school athletic transfers documents a pipeline most planners have not staffed for. The wealth-planning conversation has to start before the kid signs anything. ### HALO Trade: Why Family Capital Is Buying Dealerships and Fisheries to Underwrite the AI Cycle · Field Notes URL: https://baratelliinstitute.com/field-notes/2026-05-22-old-economy-family-capital.html Last updated: 2026-06-23 The Zell-family EGI is buying John Deere dealerships, bluefin tuna fisheries, and asset-heavy businesses on a 10-12 year hold. The practitioner read: this is the durable-cashflow trade, re-tagged as the anti-AI trade, and it changes the FO / PE / succession conversation. ### Field Tech Utilization · Windshield Time Is the Silent Killer URL: https://baratelliinstitute.com/field-tech-utilization.html Last updated: 2026-07-19 The practitioner-grade tech utilization tool for dispatch-based businesses. HVAC, plumbing, electrical, equipment service, solar O&M, UPS, IT field, surveying. Find the windshield time, the callbacks, the idle hours — and the case for routing software vs. adding a tech. ### Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/finding-your-work.html Last updated: 2026-08-07 A free, practitioner's method for answering 'what should I be doing with my life?' — a seven-part self-inventory, the hidden job market, and a free 46-page workbook. ### First-Year E-Com Cash Plan URL: https://baratelliinstitute.com/first-year-ecom-cash-plan.html Last updated: 2026-07-19 The cash-burn projection most first-time e-commerce founders don't run before they launch. Profit looks fine on paper but cash is destroyed by inventory builds, marketing spend ramps, payment processor lag, returns reserve, and working-capital growth. Month-by-month cash position over 12 months, peak burn identification, break-even month. From the Baratelli Institute Practitioner Guide Series. ### Family Office Cost Calculator URL: https://baratelliinstitute.com/fo-cost.html Last updated: 2026-07-19 Right-size your family office model. Compare RIA, multi-family office, outsourced FO, embedded FO, and single family office structures by annual cost and trade-offs. ### Foundation Major-Gift Pipeline Tool URL: https://baratelliinstitute.com/foundation-major-gift-pipeline.html Last updated: 2026-07-19 The practitioner-grade major-gift pipeline tool for hospital foundation directors, nonprofit major-gift teams, and development VPs. Identification × cultivation × solicitation × close — expected $ closed in 12 months, staff capacity check, bottleneck-stage diagnosis. From the Baratelli Institute Practitioner Guide Series. ### Baratelli Foundations Series Glossary · Free References URL: https://baratelliinstitute.com/foundations/glossary.html Last updated: 2026-06-23 The Baratelli Foundations Series Glossary - a 185-term cross-index across all eight Foundations PDFs. Alphabetical browse, client-side search, page-numbered references back to every PDF. ### Free Guides Hub URL: https://baratelliinstitute.com/free.html Last updated: 2026-07-20 The complete catalog of free practitioner-grade PDFs from the Baratelli Institute. Creator's Money Playbook, AWP free editions, CFO and PE Free Extracts, the Special Needs Workbook, every Brief and Field Note, plus first-chapter previews of all 14 paid guides. Over 600 pages, all free. ### Fund-Domicile & Withholding Comparator — The Hidden Cost of Holding US Shares | The Baratelli Institute URL: https://baratelliinstitute.com/fund-domicile-withholding-comparator.html Last updated: 2026-06-23 A free tool showing what holding US-market exposure directly costs a non-US investor in dividend withholding and US-situs estate-tax exposure — versus holding the same exposure through a non-US-domiciled fund. From The Cross-Border Wealth Playbook. ### The Future of Sports Watching — Big Tech, Streaming, Immersive Viewing URL: https://baratelliinstitute.com/future-of-sports-watching.html Last updated: 2026-08-07 Amazon, Apple, Google, Netflix, and Meta are reshaping how Americans watch sports. Amazon Prime carries NFL Thursday Night Football. Apple TV+ carries MLS globally. YouTube TV carries NFL Sunday Ticket. Netflix is testing live sports. The Baratelli Institute practitioner reference on the big-tech-meets-sports thesis, the immersive viewing pivot, and what it means for media equity. ### Gala Profitability Tool URL: https://baratelliinstitute.com/gala-profitability.html Last updated: 2026-07-19 The practitioner-grade gala P&L tool for development officers, nonprofit boards, gala chairs, and CFOs of mission-driven organizations. Cash net, cost-per-dollar-raised, pipeline value, and true ROI — including the staff-time cost everyone ignores. From the Baratelli Institute Practitioner Guide Series. ### Golf Tournament Profitability URL: https://baratelliinstitute.com/golf-tournament-profitability.html Last updated: 2026-07-19 Practitioner-grade nonprofit golf tournament P&L planner. Sponsor-tier pricing, hole-sponsor stacking, mulligan/raffle yield, dinner economics, and pipeline value. From the Baratelli Institute Family Office Guide and the Athletes' Wealth Playbook. ### Guías en Español URL: https://baratelliinstitute.com/guias-en-espanol.html Last updated: 2026-06-23 La biblioteca del Baratelli Institute en español — guías en lenguaje claro para dueños de negocio, familias y los asesores que los acompañan. Oficina familiar, bienes raíces, psicología del patrimonio y referencias gratuitas de contabilidad. Español neutro (España y Latinoamérica). ### Guides & Pricing URL: https://baratelliinstitute.com/guides-pricing.html Last updated: 2026-08-04 Every Baratelli Institute guide and its price on one page, with a direct buy link and a way to reach the founder. Professional references for CFOs, CPAs, attorneys, trustees, and family offices. Additional coverage of CFO Controller guide, Family Office ### Practitioner Guides URL: https://baratelliinstitute.com/guides.html Last updated: 2026-08-01 The Baratelli Institute publishes 31+ reference guides for the international practitioner — Private Equity, CFO/Controller, Family Office, Athletes' Wealth, First Principles of Master Investing, Liquidity Event, Business Buyer, Estate Planning Decoded, Trust Administration, AI Integration Decoded, Treasure Assets, Wealth Psychology, Gentrifying Small Towns, Money Reality (US + International). Built for international use on day one. ### Employer Health Insurance Strategy URL: https://baratelliinstitute.com/health-insurance-strategy.html Last updated: 2026-07-19 Compare seven viable employer health insurance strategies side-by-side. Group health, level-funded, self-funded, QSEHRA, ICHRA, defined contribution, and no-plan-plus-wages. ALE threshold and §4980H penalty math built in. From the Baratelli Institute Practitioner Guide Series. ### The Hidden Job Market | Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/hidden-job-market.html Last updated: 2026-08-07 Most jobs are filled before they're advertised. Why the hidden job market exists, why it beats the algorithm in 2026, and how to reach it through people. ### Home Services Job Profitability URL: https://baratelliinstitute.com/home-services-profitability.html Last updated: 2026-07-19 The job-level profitability tool for HVAC, plumbing, electrical, landscaping, pest, roofing, and other home-services businesses. Ticket size, parts vs labor, drive time, technician utilization, callback rate, member program LTV. From the Baratelli Institute Practitioner Guide Series. ### How to Find a Business to Buy | Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/how-to-find-a-business.html Last updated: 2026-07-11 Where acquisition deals actually are — the public marketplaces and brokers versus the off-market, proprietary search that finds the best businesses before they list. ### How to Fund a Business Purchase: SBA Loans & Seller Financing | Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/how-to-fund-the-purchase.html Last updated: 2026-08-07 You rarely need all the cash. The acquisition capital stack — SBA 7(a) loans (up to $5M, ~10% down), seller financing, and your equity — explained for first-time buyers. ### How to Value a Small Business: SDE & EBITDA Multiples | Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/how-to-value-a-business.html Last updated: 2026-08-07 What a small business is actually worth: Seller's Discretionary Earnings (SDE), EBITDA, typical Main Street multiples (~2-3.5x SDE), and what makes a multiple rise or fall. ### If We Ran Berkshire — Acquire NBCU · The Operator's Chair URL: https://baratelliinstitute.com/if-we-ran-berkshire-acquire-nbcu.html Last updated: 2026-07-11 The Institute's editorial position: if we ran Berkshire Hathaway under Greg Abel, we would acquire NBCUniversal outright. The five Buffett filters applied to the spin. The platform thesis. The bolt-on candidate map. The ten-year capital deployment glide path. ### In-Kind Donation Valuation Tool URL: https://baratelliinstitute.com/in-kind-donation-valuation.html Last updated: 2026-07-19 The practitioner tool for in-kind donation valuation and IRS substantiation. Donor-side deductibility (Pub. 526 + 561), charity-side revenue recognition (ASC 958-605), and the written acknowledgment language Pub. 1771 actually requires. From the Baratelli Institute Practitioner Guide Series. ### Informational Interviews That Actually Work | Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/informational-interviews.html Last updated: 2026-08-07 How to run an informational interview without asking for a job: a ready-to-send opening message, the PIE method, the questions that open people up, and the follow-up. ### International Tax Reference · The Practitioner's Cross-Border Reference URL: https://baratelliinstitute.com/international-tax-reference.html Last updated: 2026-07-19 Practitioner-grade international tax reference for US persons and cross-border families. Puerto Rico Act 60, GILTI, Form 8938 vs FBAR, country comparison, §877A expatriation, and US persons abroad — six sourced walkthroughs, refreshed quarterly. Free. ### Built to Travel · The Library Outside the U.S. URL: https://baratelliinstitute.com/international.html Last updated: 2026-07-19 The Baratelli Library outside the U.S. — the Cross-Border Wealth Playbook (the Library's first volume written exclusively for the life across borders) plus six guides built to travel from day one: Wealth Psychology, First Principles of Master Investing, the PE Guide, Treasure Assets, Decide. Act. Now., and the Business Owner's Playbook. Two more (Family Office, CFO & Controller's) travel with the U.S.-tax sections skipped. Religious / ethical overlays and named international cases woven in from day one. ### Country Comparison Matrix — Where the US High Earner Actually Ends Up URL: https://baratelliinstitute.com/intl-tax/country-comparison.html Last updated: 2026-07-11 A practitioner's country comparison matrix for US persons considering international relocation. Puerto Rico, Portugal, Malta, UAE, Singapore, Switzerland, and the UK compared on tax regime, corporate rates, capital gains, residency tests, and US treaty coverage. Baratelli Institute practitioner reference. ### §877A Expatriation Tax — the Cost of Citizenship Renunciation URL: https://baratelliinstitute.com/intl-tax/expatriation-877a.html Last updated: 2026-07-11 §877A expatriation tax explained: the covered expatriate tests, the mark-to-market exit tax, the $890,000 (2026) capital gain exclusion, the specified tax-deferred account rules, and the practitioner walkthrough of the cost of surrendering US citizenship or a long-term green card. Baratelli Institute practitioner reference. ### Form 8938 vs FBAR — Which Filing Applies (and When Both) URL: https://baratelliinstitute.com/intl-tax/form-8938-vs-fbar.html Last updated: 2026-07-11 Form 8938 (FATCA) vs FinCEN Form 114 (FBAR): the two different thresholds, the two different filing agencies, the two different penalty regimes, and the decision matrix for when you file which. Baratelli Institute practitioner reference. ### GILTI Tax Explained (2026) — Calculation, §250 Deduction, Foreign Tax Credit URL: https://baratelliinstitute.com/intl-tax/gilti.html Last updated: 2026-07-19 GILTI tax explained with a full worked example. §951A inclusion, QBAI deemed return, §250 deduction (13.125% effective rate), high-tax exclusion, foreign tax credit interaction. Practitioner reference. ### PFIC Rules Explained (2026) — QEF, MTM Elections & Form 8621 URL: https://baratelliinstitute.com/intl-tax/pfic.html Last updated: 2026-07-19 PFIC rules explained with worked examples. §1291 default punitive regime, §1295 QEF election, §1296 mark-to-market election, Form 8621 filing. Foreign mutual funds, UCITS, OEICs, unit trusts. Practitioner reference. ### Puerto Rico Act 60 & Act 22 — Individual Investor Decree URL: https://baratelliinstitute.com/intl-tax/puerto-rico-act-60.html Last updated: 2026-07-11 Puerto Rico Act 60 (formerly Act 22) individual investor decree: the 0% capital gains rate, bona fide resident tests under §937, annual compliance requirements, and the practitioner walk-through of when the move actually pays. Baratelli Institute practitioner reference. ### The Baratelli IRA Reference URL: https://baratelliinstitute.com/ira-reference.html Last updated: 2026-07-19 Practitioner-grade IRA reference for US taxpayers, founders, and family offices. Traditional vs Roth, conversion strategy, the Peter Thiel case, self-directed IRAs, inherited IRAs, and the mega-backdoor Roth 401(k). Free. Refreshed quarterly. ### IRS Forms Index for Creators & Small Business URL: https://baratelliinstitute.com/irs-forms.html Last updated: 2026-07-19 Every IRS form a creator or small-business owner is likely to touch, linked directly to the current-year version on IRS.gov. Fast lookup, no stale PDFs, no signup. Educational reference only. ### Kitchen Remodel Cost & ROI URL: https://baratelliinstitute.com/kitchen-remodel-cost-roi.html Last updated: 2026-07-19 Practitioner-grade kitchen remodel cost + 5-year resale ROI tool. Scope tier, cabinet path, counters, appliances, regional multiplier. From Remodeling Magazine Cost vs Value Report data. Built by an operator who rehabs houses at $35K-end. ### Law Firm Profitability Calculator: PEP, Realization, Lockup URL: https://baratelliinstitute.com/law-firm-profitability.html Last updated: 2026-07-29 Free matter-level tool for managing partners. Model realization, utilization, lockup, PEP, and overhead allocation against AmLaw benchmarks. Run yours. ### Baratelli LBO Reference · Leveraged Buyout Methodology URL: https://baratelliinstitute.com/lbo.html Last updated: 2026-07-19 Practitioner-grade LBO methodology, sources & uses discipline, debt schedule mechanics, and sponsor return math walked to case-study depth. Free from the Baratelli Institute. ### Lease vs Buy URL: https://baratelliinstitute.com/lease-vs-buy.html Last updated: 2026-07-19 The practitioner-grade lease-vs-buy calculator. Lease residual, money factor, mileage overage, acquisition + disposition fees, sales-tax handling, buy-financing total interest, depreciation curve, and what happens at end of term in each path. Built without the dealer lead-gen funnel. Companion to Money Reality (First Job Edition) and the Athletes' Wealth Playbook. ### The Liquidity Event Simulator URL: https://baratelliinstitute.com/liquidity-event-simulator.html Last updated: 2026-07-19 Model your own liquidity event. Calculate net-to-family with and without pre-exit planning. From the Baratelli Institute Practitioner Guide Series. ### Marital Risk Architecture — prenup, postnup, and trust structure for high-earning athletes and entertainers URL: https://baratelliinstitute.com/marital-risk-architecture.html Last updated: 2026-08-03 For high-earning athletes and entertainers, marital risk is the single largest wealth-destruction event in the historical record. The Institute walks state-law regimes (community property vs. equitable distribution), prenup enforceability (seven-day rule, independent counsel, disclosure), postnup availability, DAPT and offshore trust timing, entity buyout mechanics, and the §1041 tax character of divorce transfers — applied to Jordan / Juanita, Kobe / Vanessa, Dr. Dre / Nicole Young, McCartney / Heather Mills, and the entertainer-specific overlay for royalty streams and §203 copyright termination rights. ### Raise the Price Before You Sell | The Baratelli Institute URL: https://baratelliinstitute.com/maximize-business-value.html Last updated: 2026-08-07 How to raise your business's selling price: the five value-drivers, transferability, and the 12-24 months of lead time that move you up the range. ### Redirecting to Medicaid Cliff Calculator URL: https://baratelliinstitute.com/medicaid-cliff.html Last updated: 2026-07-11 ### Redirecting to Medical Deduction Estimator URL: https://baratelliinstitute.com/medical-deduction.html Last updated: 2026-07-11 ### The Money Bridge: Funding a Career Transition | Finding Your Work | The Baratelli Institute URL: https://baratelliinstitute.com/money-bridge.html Last updated: 2026-08-07 A career change usually has a cost. How to fund the gap — runway, cost of entry, and bridge income — plus the three-rung risk ladder that keeps a pivot survivable. ### Mortgage Underwriting Calculator URL: https://baratelliinstitute.com/mortgage-underwriting.html Last updated: 2026-07-19 The residential mortgage underwriting math your loan officer is running. Front-end and back-end DTI, LTV, conforming vs. jumbo limits, PMI thresholds, ATR/QM rules, reserve requirements, and the special programs (doctor, jumbo, investment property DSCR) most borrowers don't know exist. From the Baratelli Institute Practitioner Guide Series. ### 401(k) Match Maximizer · Money Reality URL: https://baratelliinstitute.com/mr-401k-match.html Last updated: 2026-06-23 Capture the employer 401(k) match — the 50% guaranteed return no other instrument can offer. Match formula, vesting schedule, leave-on-table math. From the Money Reality First Job Edition. ### College vs Trade School NPV · Money Reality URL: https://baratelliinstitute.com/mr-college-vs-trade.html Last updated: 2026-06-23 The pure NPV math on college vs trade school. Cost of degree, lost wages, post-grad earnings, retirement-age net worth. From the Money Reality series. ### The Most Powerful Force in Finance · Money Reality URL: https://baratelliinstitute.com/mr-compound-interest.html Last updated: 2026-06-23 Visualize compound interest at any age, any starting balance, any monthly contribution. The compounding tool from the Money Reality series (HS, College, First Job). ### The Credit Card Trap, Visualized · Money Reality URL: https://baratelliinstitute.com/mr-credit-card-trap.html Last updated: 2026-06-23 What 'minimum payments' on a credit card balance actually cost. Years to payoff, total interest, the small-extra-payment lever. From the Money Reality series. ### Emergency Fund Builder · Money Reality URL: https://baratelliinstitute.com/mr-emergency-fund.html Last updated: 2026-06-23 The 3-to-6-month target, the HYSA comparison, the savings runway. Build your emergency fund before any investment. From the Money Reality series. ### First Apartment Budget · Money Reality URL: https://baratelliinstitute.com/mr-first-apartment.html Last updated: 2026-06-23 What salary does the first apartment actually require? Real math on rent + utilities + commute + tax + health + food + savings target. From the Money Reality First Job Edition. ### Hidden Balance Sheet Self-Assessment · Money Reality URL: https://baratelliinstitute.com/mr-hidden-balance-sheet.html Last updated: 2026-06-23 Inventory your activity-derived intangibles. The Hidden Balance Sheet tool from the Money Reality series. For HS, College, and First Job readers. ### Job Offer Comparator · Money Reality URL: https://baratelliinstitute.com/mr-job-offer-compare.html Last updated: 2026-06-23 Compare two or three job offers on total comp, not just salary. Bonus, 401k match, health, PTO, RSUs, commute, state tax. From the Money Reality First Job Edition. ### First Paycheck Walkdown · Money Reality URL: https://baratelliinstitute.com/mr-paycheck-walkdown.html Last updated: 2026-06-23 Gross → federal tax → FICA → state → 401(k) → health → benefits → net. Your first paycheck, broken down line by line. From the Money Reality First Job Edition. ### The Roth as a Tax-Free Lottery · Money Reality URL: https://baratelliinstitute.com/mr-roth-lottery.html Last updated: 2026-06-23 See what your earned income at age 16-30 turns into inside a Roth IRA (or your country's equivalent tax-advantaged wrapper) by retirement age. The Roth-as-lottery tool from the Money Reality series. ### Side Hustle / 1099 Tax Estimator · Money Reality URL: https://baratelliinstitute.com/mr-side-hustle-1099.html Last updated: 2026-06-23 What does your side hustle actually owe in tax? Self-employment tax, quarterly estimates, deductions worth taking. From the Money Reality series. ### Student Loan Amortization · Money Reality URL: https://baratelliinstitute.com/mr-student-loan.html Last updated: 2026-06-23 Federal vs private student loans, Standard vs IBR/SAVE/PAYE, payoff timeline, total interest. From the Money Reality College + First Job editions. ### Multi-State Sales-Tax Nexus: Hardware + Install URL: https://baratelliinstitute.com/multi-state-sales-tax-nexus-hardware.html Last updated: 2026-07-19 Ship a generator across state lines and the state wants to know. State-by-state nexus matrix, registration gap, back-tax exposure, and the voluntary disclosure path for hardware operators with install and service across state lines. ### Naming-Opportunity Pricing Tool URL: https://baratelliinstitute.com/naming-opportunity-pricing.html Last updated: 2026-07-19 The practitioner-grade naming-opportunity pricing tool for hospital foundation directors, capital campaign chairs, and gift-policy committees. Lead/major/standard/small naming tier math, endowed-vs-term naming, spending-rate-required calculation, donor recognition value. From the Baratelli Institute Practitioner Guide Series. ### New vs Used vs CPO URL: https://baratelliinstitute.com/new-vs-used-vs-cpo.html Last updated: 2026-07-19 The practitioner-grade new-vs-used-vs-certified-pre-owned total cost of ownership tool. Five-year and ten-year all-in costs including depreciation curve, insurance differential, maintenance reserve, and warranty value. Dealer-site math without the lead-gen funnel. Companion to Money Reality (First Job Edition) and the Athletes' Wealth Playbook. ### NIL Athlete Rookie Car Warning URL: https://baratelliinstitute.com/nil-athlete-rookie-car-warning.html Last updated: 2026-07-19 The car decision is the rookie mistake every young athlete with sudden income makes. This tool shows the real 10-year cost of a $200K Lamborghini for a 21-year-old NFL rookie vs the same $200K invested at S&P returns. Insurance shock, year-1 depreciation, injury downside scenario, and the dealer math nobody warns about. The AWP companion tool. ### NIL Commitment Decision Tool URL: https://baratelliinstitute.com/nil-commitment.html Last updated: 2026-07-19 College recruits and their families: model the after-tax NIL differential between schools you're considering. State tax differences alone can shift career-cumulative NIL by hundreds of thousands. ### Parts Inventory Turn & Carrying Cost Tool URL: https://baratelliinstitute.com/parts-inventory-turn.html Last updated: 2026-07-19 The practitioner-grade inventory tool for equipment dealers, HVAC contractors, restaurants, solar installers, and any operator with physical inventory. Turns, days on hand, A/B/C/D mix, carrying cost, dead-stock recovery, stockout cost, and the working-capital math behind every shelf. ### The PE Fund Economics Simulator URL: https://baratelliinstitute.com/pe-fund-economics.html Last updated: 2026-07-19 Model your PE fund returns end-to-end. Carry waterfall, MOIC, net IRR, and the four exit channels — quantified for your specific fund. ### Pediatric Catastrophic Estate Planning Tool URL: https://baratelliinstitute.com/pediatric-catastrophic-estate-planning.html Last updated: 2026-07-19 A practitioner-grade estate-planning planner for families facing a major pediatric medical diagnosis. Guardianship, Special Needs Trust selection (1st-party self-settled vs 3rd-party gift), ABLE account eligibility, life insurance discipline, beneficiary audit. From the Family Office Guide + Estate Planning Decoded. ### Per Family-Night Cost URL: https://baratelliinstitute.com/per-family-night-cost.html Last updated: 2026-07-19 The fully-loaded unit-economics tool for hospital-adjacent family housing nonprofits. What does it actually cost to host one family for one night? The number the board asks about and development teams need for the case statement. From the Baratelli Institute Practitioner Guide Series. ### Per-Guest Cost Trade-Off URL: https://baratelliinstitute.com/per-guest-cost-tradeoff.html Last updated: 2026-07-19 The wedding trade-off math nobody runs. Side-by-side scenarios at 50, 100, 150, 200, and 250 guests showing total cost, fixed-cost dilution, and which model gives the better experience: small-and-nicer vs large-and-simpler. From the Baratelli Institute Money Reality series. ### PFIC MTM vs QEF Decision Tool | The Baratelli Institute URL: https://baratelliinstitute.com/pfic-regime-decision.html Last updated: 2026-06-23 Free tool: which PFIC regime delivers the lowest tax on your foreign mutual fund or ETF? Compare §1291 default vs §1296 MTM vs §1295 QEF outcomes side-by-side. From The International Tax & Cross-Border Wealth guide. ### Joe Burrow — $275M Market-Resetting Extension, Fashion-Forward Brand & Food Security Foundation | The Player Reference URL: https://baratelliinstitute.com/player-burrow.html Last updated: 2026-08-07 Joe Burrow Bengals QB — the $275M / 5-yr September 2023 market-resetting extension with 80% guarantee, fashion-forward endorsement portfolio (Nike, Aflac, SKIMS), food security foundation, Ohio domicile advantage, and Institute framework. ### Justin Herbert — $262.5M Extension, Traditional Family Office & California Domicile Analysis | The Player Reference URL: https://baratelliinstitute.com/player-herbert.html Last updated: 2026-08-07 Justin Herbert Chargers QB — the position-defining $262.5M / 5-yr July 2023 extension with 83% guarantee, endorsement portfolio, foundation, California domicile tax drag analysis, and Institute traditional family-office framework. ### Travis Kelce — Contract, New Heights Podcast, Garage Beer, Six Flags Activist Position & Family Enterprise | The Player Reference URL: https://baratelliinstitute.com/player-kelce.html Last updated: 2026-08-07 Travis Kelce's full economic profile — playing contract, New Heights Podcast, Garage Beer, 1587 Prime with Mahomes, Six Flags activist position, Kai Trump sports drink venture, Taylor Swift household coordination, foundation, and the Institute career-end template framework. Sourced, organized, quarterly refreshed. ### Patrick Mahomes — Contract, Ownership Stakes, Business Ventures & Family Enterprise | The Player Reference URL: https://baratelliinstitute.com/player-mahomes.html Last updated: 2026-08-07 Patrick Mahomes' full economic profile — 10-year $450M contract with every restructure, endorsement portfolio, Kansas City Royals / Sporting KC / KC Current ownership stakes, 1587 Prime, Whataburger, 15 & Mahomies foundation, family enterprise architecture, and Institute analytical framework. Sourced, organized, quarterly refreshed. ### Drake Maye — Rookie Contract, Family Lineage & Career Trajectory | The Player Reference URL: https://baratelliinstitute.com/player-maye.html Last updated: 2026-08-07 Drake Maye Patriots QB — rookie contract detail, Maye family athletic lineage, early-career endorsement portfolio, and Institute rising-QB template framework. Comprehensive reference on the #3 overall pick of the 2024 NFL Draft. ### The Player Reference — Athlete Contract & Family Enterprise Reference URL: https://baratelliinstitute.com/player-reference.html Last updated: 2026-08-07 The free, comprehensive practitioner reference on professional athlete contracts, off-field business ventures, ownership stakes, and family-enterprise architecture. Contracts, endorsements, restaurants, activist investing positions, foundations, and state-tax analysis — sourced, organized, quarterly refreshed. ### Pre-Immigration Countdown — Before You Become a US Taxpayer | The Baratelli Institute URL: https://baratelliinstitute.com/pre-immigration-countdown.html Last updated: 2026-06-23 A free, timeline-based checklist for families and individuals about to become US residents: the step-up valuations, PFIC and foreign-trust clean-up, clean-capital positioning, and state choice that must happen before the US worldwide-tax net closes. From The Cross-Border Wealth Playbook. ### Press & Media URL: https://baratelliinstitute.com/press.html Last updated: 2026-07-19 Press resources for The Baratelli Institute. Philip A. Baratelli, CPA (since 1995), principal investor, former Family Office CFO, and entrepreneur — available to explain complex finance, accounting, family-office, and M&A topics in plain English. Bio, speaking topics, and contact. ### Private Foundation vs Donor-Advised Fund URL: https://baratelliinstitute.com/private-foundation-vs-daf.html Last updated: 2026-07-19 The grandparent gift comparison. Private Foundation gives full control and a multigenerational family-board legacy but requires 5% annual distribution, 1.39% excise tax, and $25K+ annual admin. DAF is lower-cost and faster to set up but sponsor controls distributions. Five-year cost comparison, vehicle recommendation, transition path. From the Baratelli Institute Practitioner Guide Series. ### Pro-Athlete Team Picker · After-Tax Take-Home by Team URL: https://baratelliinstitute.com/pro-athlete-team-picker.html Last updated: 2026-07-14 Pro athletes evaluating multiple team offers: model true after-state-tax take-home per team. Factors home-state top rate, jock tax on away games, and endorsement sourcing to state of residence. ### The §197 Play — how franchise buyers amortize intangibles that appreciate URL: https://baratelliinstitute.com/pro-sports-197-amortization.html Last updated: 2026-07-19 IRC §197 lets franchise buyers amortize acquired intangibles straight-line over 15 years. Sports franchises are the extreme case: 90%+ intangibles at close, yet those intangibles appreciate at 15%+ per year. The Institute walks the mechanic at practitioner depth, applies it to Ballmer/Clippers, Cohen/Mets, Harris/Commanders, Edens+Lasry/Bucks, and lays out the John Arnold reform debate evenhandedly. ### Product Profitability Calculator URL: https://baratelliinstitute.com/product-profitability.html Last updated: 2026-07-19 True contribution margin per SKU after revenue, COGS, allocated overhead, and S&M attribution. Most owners discover 20% of their SKUs lose money once fully loaded. ### Public vs Private School TCO Calculator URL: https://baratelliinstitute.com/public-vs-private-school-tco.html Last updated: 2026-07-19 The practitioner-grade total cost of ownership tool for private school decisions. Tuition is one line. The other six — uniforms, tech, trips, activities, transport, tax-impact — usually add 30-60%. Plus the retirement-age opportunity cost. From the Baratelli Institute Money Reality HS Edition + Family Office Guide. ### Section 1202 QSBS Calculator URL: https://baratelliinstitute.com/qsbs.html Last updated: 2026-07-19 Model your federal Section 1202 Qualified Small Business Stock exclusion. Pre- and post-OBBBA rules, 5-year hold, $10M/$15M cap or 10x basis, and the exclusion percentage by issuance date. From the Baratelli Institute Practitioner Guide Series. ### Redirecting URL: https://baratelliinstitute.com/quantum-house.html Last updated: 2026-07-11 ### Quarterly Estimated Tax Payment Calculator URL: https://baratelliinstitute.com/quarterly-estimated-tax.html Last updated: 2026-07-19 The estimated-tax workhorse for self-employed, business owners, retirees, and anyone with non-W-2 income. Safe harbor analysis (100%/110% prior year vs 90% current), annualized installment method awareness, state estimates, and the quarterly schedule with due dates. From the Baratelli Institute Practitioner Guide Series. ### Quote-to-Cash Cycle · Where Does the Cash Get Stuck? URL: https://baratelliinstitute.com/quote-to-cash-cycle.html Last updated: 2026-07-19 The practitioner-grade quote-to-cash tool for operators who bid work and wait for cash. Cat dealers, HVAC, solar, restaurants, survey firms, modular building, UPS, mining tech. Find the stage where working capital is trapped — and the dollars to free. ### Residential Buy Report · Affordability + PITI + Year-1 Cash Plan URL: https://baratelliinstitute.com/re-buyer-journey.html Last updated: 2026-07-19 The complete pre-purchase analysis a homebuyer needs — affordability ceiling, DTI ratios, PITI breakdown, year-1 cash needs, PMI removal timeline, rent-vs-buy NPV, and tax benefit. Generated from one input form. Cobrand-ready for realtors and lenders. ### Residential Move-up Report · Sale + Purchase Combined Cash Analysis URL: https://baratelliinstitute.com/re-moveup-journey.html Last updated: 2026-07-19 The single-page move-up analysis homeowners actually need: net-from-sale, after-tax proceeds, cash needed for the next home, combined surplus or shortfall, new monthly PITI, new DTI qualification check. Built for the conversation realtors have at the kitchen table forty times a year. Cobrand-ready. ### Residential Sale Report · Net Proceeds + §121 + Move-Up Math URL: https://baratelliinstitute.com/re-seller-journey.html Last updated: 2026-07-19 The full analysis a homeowner needs before listing — net proceeds waterfall, §121 capital gains, mortgage payoff, move-up cash math — generated from one input form. Designed for realtors to send their clients with a co-brand on top. ### 1031 Exchange Calculator URL: https://baratelliinstitute.com/red-1031-exchange.html Last updated: 2026-06-23 Section 1031 like-kind exchange: deferred capital-gains tax computation, replacement-property identification rules, boot exposure, basis carryover. ### Bonus-Depreciation Tool URL: https://baratelliinstitute.com/red-bonus-depreciation.html Last updated: 2026-06-23 Bonus depreciation on real estate acquisitions: cost-segregation study results, accelerated depreciation, first-year tax savings, recapture exposure at sale. ### Broker Pitch Pack Generator URL: https://baratelliinstitute.com/red-broker-pitch.html Last updated: 2026-06-23 Investment-sales broker pitch pack inputs: property summary, market data, transaction comparables, recommended marketing strategy. The discipline of the territory-canvassing broker. ### Capital Stack Visualizer URL: https://baratelliinstitute.com/red-capital-stack.html Last updated: 2026-06-23 Senior debt, mezzanine, preferred equity, common equity - the four-tranche capital stack with weighted-average cost of capital and tranche-by-tranche economics. ### Pre-Sale Velocity Tool URL: https://baratelliinstitute.com/red-condo-presale.html Last updated: 2026-06-23 Condo development pre-sale velocity: how fast units sell before construction completion. The thesis driving the entire project financeability. ### Construction Loan Sizer URL: https://baratelliinstitute.com/red-construction-loan.html Last updated: 2026-06-23 Construction loan sizing: LTC vs. LTV gates, interest-carry capitalization, sponsor recourse and completion guaranty. The lender's underwriting in your hands. ### $/kW/month Comparer (Data Centers) URL: https://baratelliinstitute.com/red-data-center-kw.html Last updated: 2026-06-23 Data-center economics on the $/kW/month axis. Hyperscale vs. colocation vs. enterprise - the power-density and lease-rate spread that drives valuation. ### Dev Pro-Forma Builder URL: https://baratelliinstitute.com/red-dev-proforma.html Last updated: 2026-06-23 Multifamily development pro-forma: total cost, construction loan, lease-up timeline, stabilized NOI, exit valuation, and project IRR. ### Industrial Cap-Rate Comparer URL: https://baratelliinstitute.com/red-industrial-cap-rate.html Last updated: 2026-06-23 Industrial / logistics cap rates by product type (last-mile, big-box bulk, manufacturing). Compare your deal against the market spread. ### Lot Absorption Schedule URL: https://baratelliinstitute.com/red-lot-absorption.html Last updated: 2026-06-23 Production-residential lot absorption: how fast the builder takes down finished lots from the land developer. The schedule that drives the entire IRR of land development. ### Multifamily Underwriting URL: https://baratelliinstitute.com/red-multifamily-underwriting.html Last updated: 2026-06-23 Quick pro-forma for a multifamily acquisition - rent, occupancy, expense ratio, cap rate, LTV, DSCR. The 5-minute screen before you build the workbook model. ### NNN Cap-Rate Comparer URL: https://baratelliinstitute.com/red-nnn-cap-rate.html Last updated: 2026-06-23 Triple-net single-tenant cap rate comparison: investment-grade vs. non-investment-grade by industry vertical. The cap-rate spread tells you the credit-and-WALT story the cap rate alone won't. ### Office Re-Tenanting Cost Model URL: https://baratelliinstitute.com/red-office-retenanting.html Last updated: 2026-06-23 The full cost to re-tenant office space: TI, free rent, leasing commission, downtime. The single largest source of value-destruction in office acquisitions post-COVID. ### RevPAR / ADR Sensitivity Tool URL: https://baratelliinstitute.com/red-revpar-adr.html Last updated: 2026-06-23 Hotel underwriting on the RevPAR (Revenue per Available Room) axis. Test ADR and occupancy sensitivity to see how the GOP, NOI, and valuation shift. ### Senior Living Underwriting URL: https://baratelliinstitute.com/red-senior-living.html Last updated: 2026-06-23 Senior living underwriting across the IL / AL / MC continuum. The labor-cost and operator-quality variables that distinguish institutional-quality senior housing from chasing-yield mistakes. ### SFR Buy-Box Calculator URL: https://baratelliinstitute.com/red-sfr-buy-box.html Last updated: 2026-06-23 The single-family-rental buy-box: documented acquisition criteria that filter deal flow and maintain portfolio consistency. Compute your maximum offer price from rent, expense ratio, and target cap rate. From Real Estate Decoded. ### Per-Cap Spend Calculator URL: https://baratelliinstitute.com/red-theme-park-percap.html Last updated: 2026-06-23 Theme park economics on the per-cap-spend axis: gate + F&B + merchandise + premium experiences per guest. The growth engine in modern parks. ### Repair vs Replace URL: https://baratelliinstitute.com/repair-vs-replace.html Last updated: 2026-07-19 The 50% Rule for HVAC, water heater, roof, and major appliances. NPV of repair-and-wait vs replace-now over 10 years, factoring energy savings, financing cost, and timeline. From the Business Buyer's Guide. ### Restaurant Menu Engineering URL: https://baratelliinstitute.com/restaurant-menu-engineering.html Last updated: 2026-07-19 The classic Stars/Plowhorses/Puzzles/Dogs menu-engineering analysis. Plot every menu item by popularity × contribution margin, get one-line action per quadrant, ship the analysis your chef and GM should run quarterly. From the Baratelli Institute Practitioner Guide Series. ### RIA Practice Profitability URL: https://baratelliinstitute.com/ria-practice-profitability.html Last updated: 2026-07-19 The practice-management tool every RIA principal should run on themselves. AUM economics, effective fee rate, net new assets, clients per advisor, revenue per advisor, profit per partner, A/B/C client segmentation. From the Baratelli Institute Practitioner Guide Series. ### Roth Conversion Stairstep URL: https://baratelliinstitute.com/roth-conversion-stairstep.html Last updated: 2026-07-19 The multi-year Roth conversion plan most retirees should run before age 73. Bracket-aware and IRMAA-aware, with MAGI-push guidance for NIIT on other investment income. Year-by-year stairstep showing optimal annual conversion vs. doing nothing. From the Baratelli Institute Practitioner Guide Series. ### Redirecting… URL: https://baratelliinstitute.com/route-creator.html Last updated: 2026-08-07 ### Redirecting… URL: https://baratelliinstitute.com/route-family-office.html Last updated: 2026-08-07 ### Redirecting… URL: https://baratelliinstitute.com/route-practitioner.html Last updated: 2026-08-07 ### For Students · Audience Route URL: https://baratelliinstitute.com/route-student.html Last updated: 2026-07-19 For high schoolers, college students, recent grads, and the first job. The Money Reality series — financial literacy that travels with the reader, US and international. $39 to $79 per volume. ### For Wealth Builders · Audience Route URL: https://baratelliinstitute.com/route-wealth-builder.html Last updated: 2026-07-19 For the 30s-50s business owner, self-employed professional, and founder building first real wealth. The Business Buyer's Guide, Liquidity Event Playbook, First Principles, Tax Strategy Decoded, Gentrifying Small Towns. $99 to $349. ### For Working Adults · Audience Route URL: https://baratelliinstitute.com/route-working-adult.html Last updated: 2026-07-19 For the salaried 20s-30s building first wealth. The Money Reality First Job edition, Decide. Act. Now., You Are Wealthier Than You Imagined (the Hidden Balance Sheet framework), and the wealth-psychology foundations. $59 to $149. ### The Sale Journey · How the Library Works URL: https://baratelliinstitute.com/sale-journey.html Last updated: 2026-07-19 A 24-month walkthrough of selling a $5M services business using 11 tools from the Baratelli Institute library — from first thoughts of exit through Year 1 post-liquidity. Shows how the tools work as an integrated system. ### Sales Rep Comp Plan Modeler URL: https://baratelliinstitute.com/sales-rep-comp-plan-modeler.html Last updated: 2026-07-19 Sales rep comp drives 80% of behavior. Is yours pointed at the right number? Model comp curves at every attainment level, predict discount-leakage and attach-rate behavior, and design SPIFs that move the right metric — for equipment dealers, solar, HVAC, restaurant suppliers, modular, mining tech. ### The SBA 504 Buyer's Journey URL: https://baratelliinstitute.com/sba-504-borrower-journey.html Last updated: 2026-08-07 The SBA 504 buyer's journey — from “should I lease or own?” to owning your building, step by step, on the numbers lenders actually want. ### SBA 504 Loan Guide: Buy Your Building Instead of Renting URL: https://baratelliinstitute.com/sba-504-product-page.html Last updated: 2026-07-29 Practitioner guide and workbook for the SBA 504 loan — eligibility, 10% down, 25-year fixed CDC debenture, and the CFO math on owning vs. renting your building. ### SBA 504 vs. 7(a) — The Borrower's Decision Matrix URL: https://baratelliinstitute.com/sba-504-vs-7a-decision-matrix.html Last updated: 2026-08-07 The two flagship SBA loan programs, side by side, in the language a borrower actually uses. Maximum loan sizes, approved uses, interest rate structures, prepayment penalties, and how to decide which fits your project. ### The SBA Borrower's Journey URL: https://baratelliinstitute.com/sba-borrower-journey.html Last updated: 2026-08-07 The SBA borrower's journey — from paper chase to funded, and where every wall comes down. A roadmap for any SBA deal from the Baratelli Institute. ### The SBA CAPLines Journey URL: https://baratelliinstitute.com/sba-caplines-borrower-journey.html Last updated: 2026-08-07 The SBA CAPLines journey — from a cash-flow squeeze to a line of credit that carries the season. Step by step from the Baratelli Institute. ### SBA CAPLines Guide: Fund the Working-Capital Gap URL: https://baratelliinstitute.com/sba-caplines-product-page.html Last updated: 2026-07-29 Guide and workbook for the SBA CAPLines — Seasonal, Contract, Builders, Working. Structure, eligibility, and CFO math so a cash gap never costs the season. ### SBA Financing Packet & Underwriting Calculator URL: https://baratelliinstitute.com/sba-financing-packet.html Last updated: 2026-07-19 The underwriting math behind every SBA 7(a) and 504 loan. DSCR, global DSCR, LTV, collateral coverage, equity injection, personal guarantee, SBA guaranty fee schedule, and the lender's go/no-go scoreboard. Built for buyers, sellers, and the brokers who package the deal. From the Baratelli Institute Practitioner Guide Series. ### The Franchise Buyer's Journey URL: https://baratelliinstitute.com/sba-franchise-borrower-journey.html Last updated: 2026-08-07 The franchise buyer's journey — from the discovery-day pitch to a funded unit, on real numbers, not hope. SBA financing for franchisees. ### The SBA Franchise Directory — Practitioner Notes URL: https://baratelliinstitute.com/sba-franchise-directory-notes.html Last updated: 2026-08-07 The document that decides whether your franchise brand is SBA-financeable. What it is, how brands get on and off it, and what to check in the FDD once you have confirmed the brand is listed. ### Personal-Guarantee Mechanics — What You're Actually Signing URL: https://baratelliinstitute.com/sba-personal-guarantee-mechanics.html Last updated: 2026-08-07 Every SBA loan requires personal guarantees from all 20%+ owners. What the guarantee actually does, joint-and-several liability mechanics, exposed vs. protected assets, and how to structure your personal balance sheet before signing. ### SBA Loans, Decoded URL: https://baratelliinstitute.com/sba-section-hub.html Last updated: 2026-08-07 SBA loans, decoded — one roadmap, one guide, one workbook for every kind of SBA deal, with the CFO in your corner the whole way. ### The SBA Working Capital Journey URL: https://baratelliinstitute.com/sba-wc-borrower-journey.html Last updated: 2026-08-07 The SBA working-capital journey — from “how much do I really need?” to funded, without choking your cash. A step-by-step roadmap. ### Get the SBA 7(a) Loan, Fund Your Business URL: https://baratelliinstitute.com/sba-wc-product-page.html Last updated: 2026-06-23 Your in-house CFO for the SBA 7(a) loan — the guide and workbook to fund your business so the financing doesn't stall your growth. ### School Logistics During Multi-Month Treatment URL: https://baratelliinstitute.com/school-during-treatment-logistics.html Last updated: 2026-07-19 A practitioner-grade school-logistics planner for families with a school-age child in multi-month medical treatment. Home/hospital instruction, district reciprocity, online curricula, IEP transfer mechanics, return-to-school checklist, holdback/promotion considerations. From the Family Office Guide + Estate Planning Decoded. ### §382 NOL Limitation Calculator URL: https://baratelliinstitute.com/section-382-nol-limitation.html Last updated: 2026-07-19 The IRC §382 calculator every M&A buyer needs but most don't run. Annual limitation = FMV × IRS long-term tax-exempt rate, NUBIG / NUBIL adjustment, post-TCJA indefinite carryforward (with 80% income cap), PV of usable NOLs to a buyer. Pairs to Asset vs Stock Sale and SBA Financing tools. From the Baratelli Institute Practitioner Guide Series. ### Sell a Business | The Baratelli Institute URL: https://baratelliinstitute.com/sell-a-business.html Last updated: 2026-08-07 A practitioner's hub on selling a small business well in the silver-tsunami era: how to get ready, price it right, survive diligence, and walk away with what the business is really worth. ### Sell the Business, Get Paid URL: https://baratelliinstitute.com/sellers-cfo-product-page.html Last updated: 2026-06-23 Your CFO for selling the business — the guide and workbook so you walk away with what the business is really worth. ### Sell Your Business, Get Paid URL: https://baratelliinstitute.com/sellers-section-hub.html Last updated: 2026-06-23 Sell your business and get paid — show buyers and their lenders the real numbers. Guides and tools for a clean, well-priced exit. ### Service Contract Profitability · The Real Business Behind the Hardware URL: https://baratelliinstitute.com/service-contract-profitability.html Last updated: 2026-07-19 Hardware margin is one number. Service contract margin is the real business. The practitioner-grade LTV tool for equipment dealers, solar installers, HVAC, UPS resellers — anyone selling hardware plus ongoing service. ### Settlement vs. Trial NPV Calculator URL: https://baratelliinstitute.com/settlement-trial-npv.html Last updated: 2026-07-19 The settle-or-try-it decision, framed as net present value. Plaintiff-side: probability-weighted expected verdict, time-to-trial discount, contingency-fee gradient, and §104(a)(2) tax treatment. Defense-side cross-check included. From the Baratelli Institute Practitioner Guide Series. ### Shopify Conversion Funnel + Working Capital URL: https://baratelliinstitute.com/shopify-funnel-working-capital.html Last updated: 2026-07-19 The two questions every Shopify operator should ask but few do. Where does the funnel leak? And how much cash is trapped in the working-capital cycle? Visitor → Add-to-cart → Checkout → Paid plus inventory days, processor lag, vendor terms. From the Baratelli Institute Practitioner Guide Series. ### Shopify Total Cost of Ownership Calculator URL: https://baratelliinstitute.com/shopify-tco.html Last updated: 2026-07-19 The all-in cost of running a Shopify store, not just the $29 subscription. Subscription tier, payment processing (Shopify Payments vs third-party + the 0.5-2% transaction fee penalty), apps stack, custom development, customer acquisition cost (the big one — Shopify doesn't bring you traffic), shipping. Side-by-side vs Etsy/Amazon marketplace economics. From the Baratelli Institute Practitioner Guide Series. ### The Silver Tsunami: The Great Business Exit | Buy a Business | The Baratelli Institute URL: https://baratelliinstitute.com/silver-tsunami.html Last updated: 2026-08-07 Baby boomers own ~12 million U.S. businesses and ~$10 trillion in value is changing hands by 2030. Why the succession gap makes this the opportunity of a generation for buyers. ### The Six Lenses · One Transaction, Six Numbers URL: https://baratelliinstitute.com/six-lenses.html Last updated: 2026-08-07 The Six Lenses — the Baratelli Institute method for reading any significant accounting entry. A single transaction doesn't produce one number; it produces six, one for each audience that asks. Worked example: $4.0M non-cash stock comp vs. $3.0M cash restructuring, read through US GAAP, adjusted EBITDA, tax, bank covenant, bonus plan, and statutory lenses. ### Redirecting to SNT Funding Calculator URL: https://baratelliinstitute.com/snt-funding.html Last updated: 2026-07-11 ### Solo Service Provider Profitability URL: https://baratelliinstitute.com/solo-service-profitability.html Last updated: 2026-07-19 The practice-economics tool every solo consultant, coach, designer, freelancer, or specialty service provider should run on themselves before next quarter. Billable utilization, effective hourly rate, fully-loaded cost recovery, per-engagement margin, owner take-home after self-employment tax, health insurance, and retirement. ### Special Needs Family Financial Planning URL: https://baratelliinstitute.com/special-needs-family-planning.html Last updated: 2026-07-19 A free 110-page practitioner reference for families navigating special-needs financial planning. Trust architecture (1st-party d(4)(A), 3rd-party, pooled d(4)(C)), ABLE accounts, public benefits, insurance funding (ILIT mechanics), lifecycle planning birth-through-parental-death, and 6 state-by-state appendices. Companion to four free interactive tools. No email gate. ### Sponsor-Tier Pricing Tool URL: https://baratelliinstitute.com/sponsor-tier-pricing.html Last updated: 2026-07-19 The practitioner tool for pricing sponsor tiers at nonprofit galas, golf tournaments, and event programs. Title vs. Presenting vs. Gold/Silver/Bronze — what each tier should cost, what each gets, and the ROI math a corporate sponsor will actually run on your deck. From the Baratelli Institute Practitioner Guide Series. ### Sports Films Economics — Box Office Rankings, Library Valuation URL: https://baratelliinstitute.com/sports-films-economics.html Last updated: 2026-08-07 The highest-grossing sports films outperform genre-adjacent counterparts because they carry pre-loaded audience relationships. Rocky-Creed at $2.1B+ cumulative, Fast & Furious at $7.3B+. How sports films sit inside a studio content library, and why the Paramount + WBD combined library is the strategic bridge from the Institute Sports Division to the Entertainment Division. ### Sports Media Rights — Streaming vs. Cable, 2024-2026 Rights Cycle URL: https://baratelliinstitute.com/sports-media-rights-shift.html Last updated: 2026-08-07 Streaming crossed 50% of American TV viewing in mid-2026 — and sports rights followed the eyeballs. NBA at $76B / 11 years, UFC to Paramount+ at 120% premium, Sunday Ticket to YouTube, NBA to Amazon. The Baratelli Institute practitioner reference on the sports rights step-up and what it means for media equity. ### SSI + Medicaid Pediatric Eligibility Screener URL: https://baratelliinstitute.com/ssi-medicaid-pediatric-screener.html Last updated: 2026-07-19 A practitioner-grade eligibility screener for pediatric SSI + Medicaid. Traditional SSI (means-tested), Medicaid waivers (TEFRA / Katie Beckett) that disregard parental income for medically-fragile children, expected monthly benefit, and secondary-payer coordination. From the Family Office Guide + Estate Planning Decoded. ### Start Here URL: https://baratelliinstitute.com/start-here.html Last updated: 2026-06-23 Start here — twenty-two guides and 160-plus free tools, organized into nine clear doors. Find your way into the Baratelli Institute. ### State Tax Migration Calculator URL: https://baratelliinstitute.com/state-tax-migration.html Last updated: 2026-07-19 What does moving from your current state to a no-tax state actually save you? Multi-state after-tax comparison for ongoing income and one-time events like a business sale. ### Stock Buyback Educator & Capital Allocation Calculator URL: https://baratelliinstitute.com/stock-buyback-educator.html Last updated: 2026-07-19 The mechanics, math, and value-creation logic of share repurchases — explained for CFOs, board directors, public-company investors, and the policymakers who keep mischaracterizing them. EPS accretion, intrinsic-value-per-share uplift, dividend comparison, the 1% excise tax, the Buffett rule, and the empirical record. From the Baratelli Institute Practitioner Guide Series. ### Streamlined Filing Eligibility Wizard | The Baratelli Institute URL: https://baratelliinstitute.com/streamlined-eligibility-wizard.html Last updated: 2026-06-23 Free tool: are you eligible for Streamlined Foreign Offshore (SFO) or Streamlined Domestic Offshore (SDO)? Five-question eligibility wizard with next-step guidance. From The International Tax & Cross-Border Wealth guide. ### The Library Subscription URL: https://baratelliinstitute.com/subscribe.html Last updated: 2026-07-19 The continuously-updated practitioner library, every interactive tool, the Brief paid layer, monthly office hours, and the subscriber forum. Founding Member pricing now open. ### Substantial Presence Test Calculator | The Baratelli Institute URL: https://baratelliinstitute.com/substantial-presence-test.html Last updated: 2026-06-23 Free tool: are you a US tax resident under the day-count test? IRC §7701(b) substantial presence + Closer Connection Exception eligibility. From The International Tax & Cross-Border Wealth guide. ### Tax-Residency Day-Counter — Where Are You Tax-Resident? | The Baratelli Institute URL: https://baratelliinstitute.com/tax-residency-day-counter.html Last updated: 2026-06-23 A free tool to track the days you spend in each country against the thresholds that make you tax-resident — and to flag dual-residence and the 183-day myth. From The Cross-Border Wealth Playbook. ### PSLF / Teacher Loan Forgiveness Eligibility Tool URL: https://baratelliinstitute.com/teacher-loan-forgiveness.html Last updated: 2026-07-19 The honest PSLF + TLF eligibility tool. Most teachers qualify for one of the two federal loan forgiveness programs but file paperwork that disqualifies them. Run your specific case. From the Baratelli Institute Money Reality + Family Office Guide series. ### Teacher Pension vs 403(b) Decision Tool URL: https://baratelliinstitute.com/teacher-pension-vs-403b.html Last updated: 2026-07-19 The honest pension-vs-403(b) decision tool for teachers. Model your state pension formula, the vendor-fee trap, and the leave-early refund math — and decide if you're a career teacher or a vested-then-leaving teacher. From the Baratelli Institute Money Reality + Family Office Guide series. ### Social Security WEP/GPO Impact Calculator (Teachers) URL: https://baratelliinstitute.com/teacher-ss-wep-gpo.html Last updated: 2026-07-19 Honest WEP/GPO calculator for teachers. The Social Security Fairness Act of 2024 repealed WEP and GPO — full SS benefits restored. Compare your benefit under the old rules vs the new rules. From the Baratelli Institute Money Reality + Family Office Guide series. ### Teacher Take-Home Pay Calculator URL: https://baratelliinstitute.com/teacher-take-home-pay.html Last updated: 2026-07-19 The honest teacher paycheck calculator. Federal, FICA, state, pension, health, union, 403(b). What the offer letter says vs. what hits your bank account. From the Baratelli Institute Money Reality + Family Office Guide series. ### The Compounding Life URL: https://baratelliinstitute.com/the-compounding-life.html Last updated: 2026-06-23 The Compounding Life — why the boring years matter most, and how steady habits build durable wealth. A short read from the Baratelli Institute. ### The Lender's Eye URL: https://baratelliinstitute.com/the-lenders-eye.html Last updated: 2026-06-23 The Lender's Eye — the one number that approves your loan, and how to make your business show it. A short read from the Baratelli Institute. ### The Multiple Machine URL: https://baratelliinstitute.com/the-multiple-machine.html Last updated: 2026-06-23 The Multiple Machine — same profit, wildly different price. How valuation multiples are set and what moves them. A short read from the Baratelli Institute. ### What the Sale Process Looks Like | The Baratelli Institute URL: https://baratelliinstitute.com/the-sale-process.html Last updated: 2026-08-07 The business-sale process step by step: prepare, value, market confidentially, the LOI, diligence, close, and transition. ### Three-Statement Quick-Builder URL: https://baratelliinstitute.com/three-statement-builder.html Last updated: 2026-07-19 The tied-out three-statement model your future investor will demand on day one. Income statement + Balance sheet + Cash flow statement, three years out, properly linked. For founders preparing for fundraise, M&A diligence, or banking review. From the Baratelli Institute Practitioner Guide Series. ### 529 Education Funding Planner with Roth Rollover URL: https://baratelliinstitute.com/tool-529-education-funding.html Last updated: 2026-06-23 The 529 planner that shows every variable. Enter child age, target tuition, current balance, monthly contribution. We project balance at college start at 7% real, surface the shortfall/overage vs target, model the post-Secure-2.0 $35K lifetime 529-to-Roth IRA rollover, the $10K/yr K-12 tuition use, the $10K lifetime student-loan paydown, and the top 10 state tax deductions. The transparent alternative to opaque 529 calculators that steer you toward a specific advisor's plan. ### 65-Day Election Worksheet URL: https://baratelliinstitute.com/tool-65-day-election.html Last updated: 2026-07-14 65-day rule (§663(b)) trust distribution election worksheet — determine optimal post-year-end distribution to shift income from compressed trust brackets to beneficiary brackets. ### ABLE vs SNT Layering Tool URL: https://baratelliinstitute.com/tool-able-vs-snt-layering.html Last updated: 2026-07-19 When does the family use ABLE, when does it use SNT, when does it use both? Recommended split, side-by-side comparison table, and decision tree. A free education tool from the Baratelli Institute for families with special-needs children. 2026 limits: ABLE annual $19,000, Working ABLE additional to FPL, $100,000 SSI suspension threshold. ### Bond Duration & Convexity Calculator URL: https://baratelliinstitute.com/tool-bond-duration-convexity.html Last updated: 2026-07-19 Macaulay duration, modified duration, and convexity for any vanilla coupon bond. Plus practical price-shock scenarios: 'if rates rise 100bps your bond loses X%'. Show-the-math with weighted-average cash flow time fully worked. ### Bond Ladder Builder URL: https://baratelliinstitute.com/tool-bond-ladder-builder.html Last updated: 2026-07-19 Build a Treasury, Muni, or Corporate bond ladder of any length. Per-rung face value, annual income, after-tax income, reinvestment cadence. Shows the laddering rationale: average duration smooths rate risk, predictable income stream, no manager fee. ### Closing Cost Calculator (2026) — Itemized by State & Loan Type URL: https://baratelliinstitute.com/tool-closing-costs.html Last updated: 2026-07-19 Free closing cost calculator. Estimate every line — origination, title insurance, transfer tax, prepaid interest, escrow, PMI. 50-state coverage, Conv / FHA / VA. Low/high columns, math shown. ### The Compounding Engine URL: https://baratelliinstitute.com/tool-compounding-engine.html Last updated: 2026-07-19 A free, show-the-math compound-growth calculator. Move five sliders — start age, retirement age, monthly contribution, starting seed, and return — and watch what regular investing becomes over a lifetime. See exactly how much you put in, how much compounding added, and what waiting ten years costs. Includes a Trump Account preset. ### Cost-of-Living Comparator URL: https://baratelliinstitute.com/tool-cost-of-living-comparator.html Last updated: 2026-07-19 Income-equivalence calculator between US metros. Anchored to BEA Regional Price Parities (RPP) plus state/local tax and housing index. Answers the only question that matters when a job-offer location moves: 'What does $120K in San Francisco actually buy me in Austin?' Show-the-math, every category broken out, no signup. ### Long-Term Disability Insurance Sizing URL: https://baratelliinstitute.com/tool-long-term-disability-sizing.html Last updated: 2026-07-29 Free Long-Term Disability sizing tool. Set the right monthly benefit (60-70% of income), pick elimination and benefit periods, and see the SSDI gap private LTD has to fill. ### Mortgage Payoff Calculator URL: https://baratelliinstitute.com/tool-mortgage-payoff.html Last updated: 2026-07-19 See exactly what an extra $200/mo (or a one-time lump sum) does to your mortgage. Side-by-side amortization: original vs accelerated. Months saved, total interest saved, new payoff date, month-by-month principal/interest/balance schedule. The standard amortization formula shown. Free, no signup. Bankrate's payoff tool doesn't show the side-by-side amortization. This one does. ### After-Tax Municipal Bond Yield (TEY) Calculator URL: https://baratelliinstitute.com/tool-municipal-bond-yield.html Last updated: 2026-07-19 The classic muni-vs-taxable comparison. Tax-equivalent yield (TEY), breakeven taxable yield, in-state vs out-of-state state-tax savings, AMT exposure flag. The transparent show-the-math version of the calculator every CPA runs by hand. ### PE Dividend Recap Calculator URL: https://baratelliinstitute.com/tool-pe-dividend-recap.html Last updated: 2026-07-19 Mid-hold dividend recapitalization model. Size the new debt stack to a target post-recap leverage, compute cash to sponsor, the pro-forma debt service coverage, the IRR uplift versus a no-recap base case, and the downside test if EBITDA drops 20% after the recap. Companion to Model 04 in the Practitioner's Guide to Private Equity. ### Retirement Readiness Composite Score URL: https://baratelliinstitute.com/tool-retirement-readiness.html Last updated: 2026-07-19 Answer ~12 questions. Get a Retirement Readiness Score (0-150) with the full math shown, a one-line narrative, and the top three gap-closers ranked by leverage. The Institute's transparent, show-the-math alternative to the opaque single-number 'Retirement Score' from the big-box brokerages. Cross-links to the deeper Institute tools (Roth Conversion Stairstep, Teacher Pension vs 403(b), and more) that fix each gap surfaced. ### Binomial / Lattice Option Valuer URL: https://baratelliinstitute.com/tool-sbc-binomial-lattice.html Last updated: 2026-07-19 Cox-Ross-Rubinstein binomial lattice for stock options with early-exercise behavior and employee turnover. Typically produces lower fair value than Black-Scholes because suboptimal early exercise and forfeitures truncate option upside. ASC 718-compliant. Free tool from the Baratelli Institute. ### Black-Scholes-Merton Option Valuer URL: https://baratelliinstitute.com/tool-sbc-black-scholes.html Last updated: 2026-07-19 The standard ASC 718 / IFRS 2 closed-form valuation model for service-condition stock options. Six inputs, per-option fair value, total grant fair value, full d1/d2 + N(d1)/N(d2) math shown. A free CFO-grade tool from the Baratelli Institute. ### Intrinsic Value / RSU Valuer URL: https://baratelliinstitute.com/tool-sbc-intrinsic-rsu.html Last updated: 2026-07-19 The simplest SBC model: for restricted stock units (RSUs), restricted stock awards (RSAs), and deep in-the-money options, fair value equals stock price. Per-period vesting expense recognition schedule with cliff or graded vesting. Optional post-vesting trading-restriction discount. Free CFO-grade tool from the Baratelli Institute. ### Monte Carlo Market-Condition (TSR) Valuer URL: https://baratelliinstitute.com/tool-sbc-monte-carlo-tsr.html Last updated: 2026-07-19 Monte Carlo simulation for performance stock units (PSUs) tied to total shareholder return (TSR) vs an index. Runs 1,000+ geometric Brownian motion price paths, computes vesting probability at threshold/target/max tiers, and produces the per-PSU fair value for ASC 718 expense recognition. Free CFO-grade tool from the Baratelli Institute. ### SBC Reality Check (Phil's Framework) URL: https://baratelliinstitute.com/tool-sbc-reality-check.html Last updated: 2026-07-19 The framework no other public SBC tool offers. GAAP stock-based-compensation expense is not the same as real economic dilution. OTM options are phantom dilution; RSUs dilute regardless of stock price; buybacks offset. The Phil-articulated bucket sort that separates phantom SBC from real share-count change. Worked Lyft FY2025 example one click away. ### SECURE 2.0 Trust-as-IRA-Beneficiary Decision Tool URL: https://baratelliinstitute.com/tool-secure20-trust-beneficiary.html Last updated: 2026-07-14 Determine post-SECURE distribution treatment for a trust named as IRA beneficiary. EDB analysis, see-through trust requirements, conduit vs accumulation trust trade-offs. From Trust Administration Guide Chapter 21. ### Term Life Insurance Sizing · DIME + HLV URL: https://baratelliinstitute.com/tool-term-life-insurance-sizing.html Last updated: 2026-06-23 The two practitioner methods for sizing term life coverage, side by side. DIME (Debt + Income + Mortgage + Education) and HLV (Human Life Value = PV of future earnings). We show both numbers, the gap vs your current coverage, indicative term premiums by age/health, the laddering strategy, and the practitioner explanation of why term beats whole life for almost everyone. The transparent alternative to opaque insurance-company calculators. ### Trustee Fee Comparison URL: https://baratelliinstitute.com/tool-trustee-fee-comparison.html Last updated: 2026-06-23 Compare corporate trustee, boutique, directed trust, and private trust company (PTC) fees across AUM bands. From Trust Administration Guide Chapter 25. ### Umbrella · Excess Liability Sizing URL: https://baratelliinstitute.com/tool-umbrella-liability-sizing.html Last updated: 2026-06-23 Umbrella liability is the highest expected-value insurance line for any household with net worth above ~$500K. We size the recommended limit, surface the gap between your current auto/home liability and the umbrella floor, lay out the trampoline/pool/dog/teen-driver/Airbnb riders, and walk through the excess-judgment math that makes $300K/500K underlying bodily injury limits inadequate for HNW. Every variable visible. ### Cash Flow Calculation Schedule (Free XLSX) · Build the Indirect-Method Statement from the Balance Sheet URL: https://baratelliinstitute.com/tools/cash-flow-calculation-schedule.html Last updated: 2026-06-23 A free working XLSX template that builds the indirect-method cash flow statement directly from the balance sheet. Every BS account change maps to one cash flow line; the Check row proves the tie-out. Pre-populated Example tab plus a Your Company tab with input cells. From the Baratelli Foundations Series. ### Trade-in Valuation: Used Equipment URL: https://baratelliinstitute.com/trade-in-valuation-used-equipment.html Last updated: 2026-07-19 Your used Cat is worth what the dealer says it's worth — or is it? Dealer trade-in vs private-party vs auction math for heavy iron, trucks, drones, restaurant equipment, solar gear, HVAC, and modular shop tools. Sales-tax credit, reconditioning cost, days-on-market. ### Treasure Asset Total Cost of Ownership URL: https://baratelliinstitute.com/treasure-asset-tco.html Last updated: 2026-07-19 The carrying-cost trap most collectors don't model. Annual cost of holding a classic car, fine art, wine collection, watch portfolio, jewelry, or musical instrument — insurance, climate storage, restoration/service, security, opportunity cost of capital. Compare to expected appreciation. Most owners think they're investing; they're often paying 7-15% per year to enjoy. From the Baratelli Institute Practitioner Guide Series. ### Treasure Asset Workbench · TCO + Auction + Estate + Insurance + Storage in One Page URL: https://baratelliinstitute.com/treasure-assets.html Last updated: 2026-07-19 The full collector's analysis in one page. Carrying cost, auction-sale economics, estate exit paths, insurance gap, storage decision — generated from one Collection Profile. The unified TA workbench for collectors, family offices, and the advisors who serve them. ### Trust Type Selector URL: https://baratelliinstitute.com/trust-selector.html Last updated: 2026-07-19 Find the right trust structure for your situation. Twelve trust types ranked for your goals, family, and assets — with the rationale. ### US Persons Abroad — International Tax Reference URL: https://baratelliinstitute.com/us-persons-abroad.html Last updated: 2026-07-19 The Baratelli Institute reference for US citizens, green-card holders, and long-term residents living abroad. FBAR, GILTI, PFIC, treaties, §877A, Streamlined. ### VA Appeal-Lane Chooser + Deadline Clock | The Benefits Navigator URL: https://baratelliinstitute.com/va-appeal-lane-chooser.html Last updated: 2026-06-23 A free tool that helps you pick the right VA appeal lane — Higher-Level Review, Supplemental Claim, or a Board appeal — and shows your one-year deadline. Educational; not legal advice. ### The VA Disability Playbook — Understand the System, Get What You Earned | The Benefits Navigator URL: https://baratelliinstitute.com/va-disability-playbook-landing.html Last updated: 2026-06-23 A plain-English reference to the VA disability system: service connection and PACT Act presumptives, evidence, the C&P exam, the combined-rating math, lawful ways to seek the rating you earned, the appeal lanes — and where to get free, accredited help. From The Benefits Navigator. ### Getting Help With Your VA Claim — Free and Accredited Options | The Benefits Navigator URL: https://baratelliinstitute.com/va-find-free-help.html Last updated: 2026-06-23 How to get help with a VA disability claim — free, accredited Veterans Service Officers, and legitimate accredited attorneys and agents for appeals and back pay — plus how to confirm anyone you hire is accredited. Educational; not legal advice. ### VA Presumptive Condition Checker (PACT Act, Agent Orange & more) | The Benefits Navigator URL: https://baratelliinstitute.com/va-presumptive-checker.html Last updated: 2026-06-23 A free tool to explore whether your condition may be presumptively service-connected — PACT Act burn pits, Agent Orange, Gulf War illness, Camp Lejeune, POW, and more — so you may not have to prove the nexus. Educational; confirm current lists. ### TDIU Screener — Could You Be Paid at the 100% Rate? | The Benefits Navigator URL: https://baratelliinstitute.com/va-tdiu-screener.html Last updated: 2026-06-23 A free screener that checks whether you may qualify for VA Total Disability based on Individual Unemployability (TDIU) — the schedular gate and the unemployability question — plus where to get free, accredited help. ### Volunteer Program ROI Tool URL: https://baratelliinstitute.com/volunteer-program-roi.html Last updated: 2026-07-19 The volunteer-program ROI calculator for nonprofit executive directors, volunteer managers, and development directors. Wage-replacement value, true program cost, donor-conversion pipeline math, and the net ROI number the board actually wants to see. Part of the Special Needs Families toolkit from the Baratelli Institute. ### WACC Methodology · Practitioner's Cost of Capital Reference URL: https://baratelliinstitute.com/wacc-methodology.html Last updated: 2026-07-19 The practitioner's methodology for calculating weighted average cost of capital: risk-free rate, equity risk premium, beta, cost of debt, tax rate, and capital structure weights. The methodology anchor for the S&P 500 WACC Reference. ### S&P 500 WACC Reference · Cost of Capital Analysis URL: https://baratelliinstitute.com/wacc-reference.html Last updated: 2026-07-19 Practitioner-grade weighted average cost of capital analysis for 20 major S&P 500 issuers. Sourced inputs, transparent methodology, quarterly refresh. Free. The reference nobody else was writing. ### The Baratelli WACC Reference Library · 73 Companies · Free, Source-Cited URL: https://baratelliinstitute.com/wacc.html Last updated: 2026-08-01 Weighted Average Cost of Capital for 73 major public companies -- Apple, Microsoft, NVIDIA, SpaceX, Berkshire, Coca-Cola, ExxonMobil, and 66 more. CAPM methodology, source-cited, updated quarterly. Free from the Baratelli Institute. ### Warranty Reserve Provisioning Tool URL: https://baratelliinstitute.com/warranty-reserve-provisioning.html Last updated: 2026-08-07 The practitioner-grade warranty reserve tool for hardware vendors, equipment dealers, HVAC manufacturers' reps, restaurant equipment makers, solar resellers — anyone selling product with warranty exposure. ASC 460 / ASC 606 aligned. Reserve required, gap analysis, monthly P&L impact, and the 36-month warranty curve. ### Should We Finance the Wedding? URL: https://baratelliinstitute.com/wedding-financing-decision.html Last updated: 2026-08-07 The answer is almost always no — with the math. Compare financing options (personal loan, credit card, HELOC, parent loan, BNPL) against delaying 6-12 months and saving cash, or scaling the wedding to match what you have. Real-dollar interest cost plus 30-year compounding opportunity cost. From the Baratelli Institute Money Reality series. ### What's Your Business Worth? | The Baratelli Institute URL: https://baratelliinstitute.com/what-is-your-business-worth.html Last updated: 2026-08-07 What a small business is worth: SDE and EBITDA multiples, the recast that raises your price, and what you actually net after fees and tax. ### When Should You Sell? | The Baratelli Institute URL: https://baratelliinstitute.com/when-to-sell.html Last updated: 2026-08-07 When to sell your business: your number, the value gap, the day after, and the timing that gets the best price. ### Who Can Tax This? — A Cross-Border Tax Triage | The Baratelli Institute URL: https://baratelliinstitute.com/who-can-tax-this-wizard.html Last updated: 2026-08-07 A free wizard that resolves your likely treaty residence through the tie-breaker and shows which country can tax each kind of income — employment, business, dividends, rental, pensions, gains — with the US saving-clause caveat. From The Cross-Border Wealth Playbook. ### Working Capital Peg Calculator URL: https://baratelliinstitute.com/working-capital-peg.html Last updated: 2026-08-07 The closing-mechanism that costs sellers the most in middle-market M&A — and the one most under-prepared for. Trailing-12 normalized peg, seasonality adjustment, day-count conversion, dollar-for-dollar adjustment math. From the Baratelli Institute Practitioner Guide Series. ## Optional Companion Assets ### Companion PDFs — Foundations Education - [Money Smarts Worksheets Grade 1 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-1-ES.pdf) - [Money Smarts Worksheets Grade 1](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-1.pdf) - [Money Smarts Worksheets Grade 10 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-10-ES.pdf) - [Money Smarts Worksheets Grade 10](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-10.pdf) - [Money Smarts Worksheets Grade 11 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-11-ES.pdf) - [Money Smarts Worksheets Grade 11](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-11.pdf) - [Money Smarts Worksheets Grade 12 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-12-ES.pdf) - [Money Smarts Worksheets Grade 12](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-12.pdf) - [Money Smarts Worksheets Grade 2 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-2-ES.pdf) - [Money Smarts Worksheets Grade 2](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-2.pdf) - [Money Smarts Worksheets Grade 3 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-3-ES.pdf) - [Money Smarts Worksheets Grade 3](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-3.pdf) - [Money Smarts Worksheets Grade 4 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-4-ES.pdf) - [Money Smarts Worksheets Grade 4](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-4.pdf) - [Money Smarts Worksheets Grade 5 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-5-ES.pdf) - [Money Smarts Worksheets Grade 5](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-5.pdf) - [Money Smarts Worksheets Grade 6 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-6-ES.pdf) - [Money Smarts Worksheets Grade 6](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-6.pdf) - [Money Smarts Worksheets Grade 7 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-7-ES.pdf) - [Money Smarts Worksheets Grade 7](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-7.pdf) - [Money Smarts Worksheets Grade 8 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-8-ES.pdf) - [Money Smarts Worksheets Grade 8](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-8.pdf) - [Money Smarts Worksheets Grade 9 Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-9-ES.pdf) - [Money Smarts Worksheets Grade 9](https://baratelliinstitute.com/Money-Smarts-Worksheets-Grade-9.pdf) - [Money Smarts Worksheets Kindergarten Es](https://baratelliinstitute.com/Money-Smarts-Worksheets-Kindergarten-ES.pdf) - [Money Smarts Worksheets Kindergarten](https://baratelliinstitute.com/Money-Smarts-Worksheets-Kindergarten.pdf) - [Baratelli Foundations Accounting Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Accounting_Reference.pdf) - [Baratelli Foundations Accounting Reference Ifrs](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Accounting_Reference_IFRS.pdf) - [Baratelli Foundations Corporate Finance Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Corporate_Finance_Reference.pdf) - [Baratelli Foundations Creators First Ledger](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Creators_First_Ledger.pdf) - [Baratelli Foundations Financial Statement Analysis Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Financial_Statement_Analysis_Reference.pdf) - [Baratelli Foundations Financial Statement Analysis Reference Ifrs](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Financial_Statement_Analysis_Reference_IFRS.pdf) - [Baratelli Foundations Irs Forms For Creators](https://baratelliinstitute.com/foundations/Baratelli_Foundations_IRS_Forms_For_Creators.pdf) - [Baratelli Foundations Inventory Cogs Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Inventory_COGS_Reference.pdf) - [Baratelli Foundations Journal Entries Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Journal_Entries_Reference.pdf) - [Baratelli Foundations Platform Fee Reconciliation](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Platform_Fee_Reconciliation.pdf) - [Baratelli Foundations Quickbooks Setup Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_QuickBooks_Setup_Reference.pdf) - [Baratelli Foundations Quickbooks Setup Solo Creator Edition](https://baratelliinstitute.com/foundations/Baratelli_Foundations_QuickBooks_Setup_Solo_Creator_Edition.pdf) - [Baratelli Foundations Series Glossary](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Series_Glossary.pdf) - [Baratelli Foundations Tax Deductions Reference](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Tax_Deductions_Reference.pdf) - [Baratelli Foundations Using Ai](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Using_AI.pdf) - [Baratelli Foundations Year End Close Cpa Handoff](https://baratelliinstitute.com/foundations/Baratelli_Foundations_Year_End_Close_CPA_Handoff.pdf) - [Baratelli Fractional Family Office](https://baratelliinstitute.com/foundations/Baratelli_Fractional_Family_Office.pdf) - [Baratelli Foundations Asientos Contables Edicion Beta](https://baratelliinstitute.com/foundations/spanish/Baratelli_Foundations_Asientos_Contables_Edicion_Beta.pdf) - [Baratelli Fractional Family Office Es Edicion Beta](https://baratelliinstitute.com/foundations/spanish/Baratelli_Fractional_Family_Office_ES_Edicion_Beta.pdf) ### Companion PDFs — Briefs Series - [Baratelli Brief Every Company Becomes A Pe Firm](https://baratelliinstitute.com/briefs/Baratelli_Brief_Every_Company_Becomes_A_PE_Firm.pdf) - [Baratelli Brief Issue 01](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_01.pdf) - [Baratelli Brief Issue 02](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_02.pdf) - [Baratelli Brief Issue 03](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_03.pdf) - [Baratelli Brief Issue 04](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_04.pdf) - [Baratelli Brief Issue 05](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_05.pdf) - [Baratelli Brief Issue 06](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_06.pdf) - [Baratelli Brief Issue 07](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_07.pdf) - [Baratelli Brief Issue 08](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_08.pdf) - [Baratelli Brief Issue 09](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_09.pdf) - [Baratelli Brief Issue 10](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_10.pdf) - [Baratelli Brief Issue 11](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_11.pdf) - [Baratelli Brief Issue 12](https://baratelliinstitute.com/briefs/Baratelli_Brief_Issue_12.pdf) - [Baratelli Brief Most Large Companies Become Pe Firms](https://baratelliinstitute.com/briefs/Baratelli_Brief_Most_Large_Companies_Become_PE_Firms.pdf) - [Baratelli Brief Nol Five Examples](https://baratelliinstitute.com/briefs/Baratelli_Brief_NOL_Five_Examples.pdf) - [Baratelli Brief Publications As Product](https://baratelliinstitute.com/briefs/Baratelli_Brief_Publications_as_Product.pdf) ### Companion PDFs — Case Study Assets - [Comcast Separation Combined Public](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_Separation_Combined_Public.pdf) - [Comcast Separation Deck](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_Separation_Deck.pdf) - [Comcast Separation Ic Memo](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_Separation_IC_Memo.pdf) - [Comcast Separation Press Release](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_Separation_Press_Release.pdf) - [Baratelli Copart Berkshire Case](https://baratelliinstitute.com/assets/case-studies/copart-berkshire-2026/Baratelli_Copart_Berkshire_Case.pdf) - [Baratelli Copart Berkshire Combined](https://baratelliinstitute.com/assets/case-studies/copart-berkshire-2026/Baratelli_Copart_Berkshire_Combined.pdf) - [Baratelli Copart Berkshire Deck](https://baratelliinstitute.com/assets/case-studies/copart-berkshire-2026/Baratelli_Copart_Berkshire_Deck.pdf) - [Baratelli Danaher Case](https://baratelliinstitute.com/assets/case-studies/danaher-compounder-2026/Baratelli_Danaher_Case.pdf) - [Baratelli Danaher Combined](https://baratelliinstitute.com/assets/case-studies/danaher-compounder-2026/Baratelli_Danaher_Combined.pdf) - [Baratelli Lvmh Case](https://baratelliinstitute.com/assets/case-studies/lvmh-arnault-2026/Baratelli_LVMH_Case.pdf) - [Baratelli Lvmh Combined](https://baratelliinstitute.com/assets/case-studies/lvmh-arnault-2026/Baratelli_LVMH_Combined.pdf) - [Baratelli Lvmh Deck](https://baratelliinstitute.com/assets/case-studies/lvmh-arnault-2026/Baratelli_LVMH_Deck.pdf) ### Companion PDFs — Other - [Baratelli Copart Berkshire Case](https://baratelliinstitute.com/cases/Baratelli_Copart_Berkshire_Case.pdf) - [Baratelli Copart Berkshire Combined](https://baratelliinstitute.com/cases/Baratelli_Copart_Berkshire_Combined.pdf) - [Baratelli Copart Berkshire Deck](https://baratelliinstitute.com/cases/Baratelli_Copart_Berkshire_Deck.pdf) - [Baratelli Intl Tax Country Comparison](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_country_comparison.pdf) - [Baratelli Intl Tax Expatriation 877A](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_expatriation_877a.pdf) - [Baratelli Intl Tax Form 8938 Vs Fbar](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_form_8938_vs_fbar.pdf) - [Baratelli Intl Tax Gilti](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_gilti.pdf) - [Baratelli Intl Tax Pfic](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_pfic.pdf) - [Baratelli Intl Tax Puerto Rico Act 60](https://baratelliinstitute.com/intl-tax/Baratelli_Intl_Tax_puerto_rico_act_60.pdf) ### Companion Excel Workbooks - [Comcast Pe Lbo Themeparks Model.Xlsx](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_PE_LBO_ThemeParks_Model.xlsx) - [Comcast Sotp Model.Xlsx](https://baratelliinstitute.com/assets/case-studies/comcast-separation-2026/Comcast_SOTP_Model.xlsx) - 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