The Big Picture

JUNE 16, 2025

Yeah, you have to, you know, the conceit of finance is that basically the math is all there is to it. So you mentioned half math, half Shakespeare. Let’s talk about the math side. Ivanka said, oh no, you don’t have to be able to do math to do real estate 00:20:13 [Speaker Changed] Or investing for that math.

Math 130

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Random Roger's Retirement Planning

JULY 13, 2025

If this couple planned it out well, maybe their $2000/mo mortgage gets paid off right as they are retiring. Dialing in expected expenses, adding a buffer in case you underestimate and then doing the math on expected income sources makes far more sense. At this point they might be down to $51,000 in annual spending.

Retirement 59

Retirement Math Numbers Taxes 59

The Big Picture

MAY 6, 2025

Sander Gerber : Well, actually I was good at math. Because if you don’t include every single data point, then in the matrix math you have a divide by zero issue. I hope we won’t go into a Hal 2000 type situation. Barry Ritholtz : So let’s start a little bit with your background. What was the career plan?

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Risk Management Banking Portfolio Distribution 144

The Big Picture

MAY 19, 2023

How bad at math do you need to be to think that it’s only 5 stocks driving this market? Russell 2000 is the big laggard in 2023, and has been much of the year. Only 5 stocks driving markets?! Then why are Equal-weighted indices doing so well? Recession is inevitable? Rally faltering Nasdaq is having a banner, nearing ATH (15.7%

Marketing 284

Marketing Marketing Math Media 284

The Big Picture

AUGUST 29, 2023

My Two-for-Tuesday morning train WFH reads: • Stock Pickers Never Had a Chance Against Hard Math of the Market : In years like this one, when just a few big companies outperform, it’s hard to assemble a winning portfolio. 2000-2003 Dotcom implosion 6. Businessweek ) but see With cash earning 5%, why risk money on the stock market?

Insurance 130

Insurance Math Economics Economy 130

Validea

JUNE 14, 2023

In 2000, General Electric accounted for over 5% of the S&P 500 ( source ). The Math Behind the Growth Let’s take a step back and think about what it would take for a company like Apple to reach a $10 trillion market cap. In 2000, the total value of the US stock market was $15.1

Math 109

Math Accounting Marketing Marketing 109

The Big Picture

SEPTEMBER 7, 2022

So 2000 could have been 1900, and that could have caused challenges. SPACs had been around for probably 15 to 20 years and that’s what — RITHOLTZ: Yeah, since the early 2000, people forget that. I remember going to the Subway Series between them and the Yankees in the World Series in 2000, I think that was.

Communication 301

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The Big Picture

NOVEMBER 21, 2023

1999, 2000, the internet was blowing up. The SNL crisis Tiger Chase had started, you know, in the wake of the internet melding down in 2000. I I was speaking at the Javits Center, 2000 people in the audience. If you think back to 2000, Amazon was the disruptor to Walmart or to Macy’s. And that was 25 years ago.

Investments 246

Investments Investing Startup Accounting 246

Random Roger's Retirement Planning

MAY 18, 2023

A good decision about their mortgage way back when could see someone in their early 50's paying off a 15 year mortgage (taking out a 15 year being the good decision) and now has $1000 to maybe $2000 a month for additional savings. If it is going to happen, it won't be for ten years +/-, plenty of time to factor that into your math.

Retirement 75

Retirement Wealth Advisor Math Medical 75

Validea

JUNE 14, 2023

In 2000, General Electric accounted for over 5% of the S&P 500 ( source ). The Math Behind the Growth Let’s take a step back and think about what it would take for a company like Apple to reach a $10 trillion market cap. In 2000, the total value of the US stock market was $15.1

Math 52

Math Accounting Marketing Marketing 52

Random Roger's Retirement Planning

SEPTEMBER 6, 2024

I might argue longer than two years considering the bear market from 2000 took 30 months to find a bottom. Also the 2000's being a bumpy ride to nowhere for the S&P 500 might lead people to view this part more conservatively too. These holdings can be a source of funds if some how the cash gets exhausted and stocks are still down.

Retirement 45

Retirement Math Portfolio Investments 45

David Nelson

NOVEMBER 27, 2023

Do the math S&P 500 Top Performers Bloomberg Data 25% of the S&P 500 is up more than the index this year. Russell 2000 Top Performers Bloomberg Data Even in the maligned Russell 2000, which is not having a great year at the index level, has some big winners. 60% of the index is positive year to date.

Investing 52

Investing Investments Math Management 52

The Irrelevant Investor

MARCH 10, 2017

In a Howard Marks memo from January 2, 2000, he wrote "It is reported that the average new issue of 1999, which on average is probably about six months old, is selling roughly 160% above its issue price. The math on this one, wow. In 1999, the NASDAQ gained 86% while the Russell 2000 Value Index actually fell 1.5%.

Valuation 52

Valuation Sales Math Transportation 52

Brown Advisory

MAY 31, 2018

Notably, between 2000 and 2016, U.S.-based STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. has commanded the majority of AI activity over the past two decades.

Startup 52

Startup Math Clients Assets 52

Brown Advisory

MAY 31, 2018

Notably, between 2000 and 2016, U.S.-based STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. has commanded the majority of AI activity over the past two decades.

Startup 52

Startup Math Clients Assets 52

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. In 2000, right. But in extremis, which is the Microsoft and the Tonight 2000 example and maybe some other AI related stocks today, it really does matter.

Valuation 130

Valuation Assets Investments Investing 130

Random Roger's Retirement Planning

DECEMBER 15, 2024

People entering the workforce in 2000 were not the 401k guinea pigs. And a follow up to last night's blog post related to very expensive things that happen and can throw off retirement plan math. According ICI via Microsoft Co-Pilot, in 1985 there were 30,000 401k plans. That is Rooster. Rooster loves duck toys.

Retirement 52

Retirement Retirement Planning Numbers Planning 52

Clever Girl Finance

JANUARY 22, 2024

That’s $3,365 per year when you do the math! You might choose to save $1000, $2000, or more or less than this. Lastly, track this monthly money challenge with a spending journal for maximum results. 30-day meal planning challenge Eating out is expensive. The average amount spent eating out every day is $9.22.

Accounting 96

Accounting Budgeting Banking Planning 96

The Better Letter

DECEMBER 15, 2022

The Russell 2000 is off 21 percent. This is the best thing I read this week (it combines magic, music, mystery, and math); this is the best thing I saw. As I write this TBL, the S&P 500 is getting crushed and (using very rough numbers) is down 18 percent year-to-date. The Dow is down 8.5 The Nasdaq is down a dreadful 31 percent.

Investments 83

Investments Investing Portfolio Numbers 83

The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. And so, if you were someone who was sitting in cash, let’s say from like 2000 to 2010, you were earning on a real basis about three percent per annum. I was econ and kind of geeky.

Clients 293

Clients Wealth Management Banking Investments 293

Clever Girl Finance

AUGUST 2, 2022

Some quick math for the value of your $10,000 after a certain number of years: 10 years: $20,000. Whatever fund you select will aim to mimic the returns of a specific market index, like the S&P 500 or Russell 2000 Index. For example, if you estimate your 401(k) will earn 7% returns annually, 72 divided by 7 = 10.29.

Education 59

Education Retirement Investments Investing 59

Mr. Money Mustache

MAY 20, 2022

It’s fun math – a 20% drop in prices means you get 25% more shares for your dollar, and a 50% drop means twice as many , or 100% more shares per dollar invested.). But in the Mustachian Era (the years since 2011 when I started writing this blog ), there has only been one: the 2020 Covid Crash which only lasted about a month.

Marketing 53

Marketing Marketing Retirement Investments 53

The Big Picture

AUGUST 15, 2023

You had the run up in the dot coms to 2000. ” 29, 87, 74, just pick any 50 plus percent number and certainly 2000 and ’08, ’09, a major index gets cut in half. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before.

Management 130

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The Big Picture

SEPTEMBER 3, 2024

00:29:29 [Speaker Changed] Yeah, I think you can see this particularly in smaller cap companies right now where, you know, as you alluded to earlier, the Russell 2000 versus the Russell 1000 has basically underperformed by 95% from the end of 2016 until now. 00:29:45 [Speaker Changed] That’s amazing.

Investments 144

Investments Investing Valuation Management 144

The Big Picture

JUNE 6, 2023

SETHI: Well, everybody thought they were a genius including me in 1999, 2000. It’s much deeper than math. You get a scholarship in high school, you put it in the stock market, and immediately lose half. How do you lose half of your money that quickly? Kind of sounds familiar to all of our crypto friends from the last few years.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

David Nelson

JUNE 20, 2023

Do the Math Let’s do the math. What better index than the Russell 3000, which includes the Russell 1000 big cap universe and the Russell 2000 small cap index. Okay, let’s go there.

Math 52

Math Marketing Marketing Economy 52

The Big Picture

MARCH 27, 2023

For a lot of funds, the early 2000 saw a lot of opportunity in the distressed market and in other spaces. And not only that, Reg FD I think was implemented in 2000, but what happened was that with technology, the information became cheap and available to all of us, retail and institutional investors. RITHOLTZ: Endurance and resilience.

Assets 280

Assets Investments Investing Management 280

The Big Picture

NOVEMBER 15, 2022

NADIG: And trying to help people understand what that means for next week, and the next year, and the next decade, to position products underneath it, like ETFs in 1992, or model portfolios in 2000, or direct indexing in 2010. I read all those academic papers, I understand where the math comes from. It’s how math works.

Management 273

Management Assets Portfolio Marketing 273

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 201

Banking Government Insurance Taxes 201

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. The Russell 2000 has 2000 out of the roughly 3,500 stocks available publicly traded.

Assets 167

Assets Management Portfolio Taxes 167

Random Roger's Retirement Planning

DECEMBER 10, 2023

As a matter of math, it cannot repeat the run from 8.5% In the 2000's, foreign outperformed and a large allocation to foreign was very important during that time. Since it only goes back to 1988 it doesn't track from the highest interest rates from earlier in the 80's, the ten year was at 8.5% in November.

Portfolio 74

Portfolio Math Assets Retirement 74

Random Roger's Retirement Planning

APRIL 12, 2023

Yields were kind of low in the mid 2000's before the financial crisis which was part of the story for why I started to use liquid alternatives (that term didn't exist yet), bond substitutes and bond proxies. The above is why I've taken to referring to bonds as sources of unreliable volatility.

Portfolio 75

Portfolio Math Clients Retirement 75

The Better Letter

FEBRUARY 8, 2024

Subscribe now Share The Better Letter Get more from Bob Seawright in the Substack app Available for iOS and Android Get the app TRIGGER WARNING: I’m going to do some sports math nerding-out this week. Accordingly, the last 11 NFL MVPs have all been QBs (16 of the last 17; and 21 of 24 since 2000). After all, they had Mike Phipps.

Numbers 96

Numbers Education Management Math 96

The Big Picture

MAY 30, 2023

BRYANT: So money, unlike math, money is highly emotional. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there. I believe I love math because it doesn’t have an opinion, that’s a Melody Hobson quote. RITHOLTZ: Was sub 2000 or the bottom of the range.

Banking 144

Banking Economics Economy Business Planning 144

The Big Picture

AUGUST 29, 2023

When you look at the 82 to 2000 bull market, something like 75% of those gains came not from earnings growth, but from multiple expansion. So what was challenging for me was like, actually, when we moved to the US when I was seven years old, I was always good with math, but my English was below average. RITHOLTZ: Right.

Portfolio 130

Portfolio Investments Investing Numbers 130

The Big Picture

SEPTEMBER 10, 2024

And then I developed this macro affinity starting in 2000, really? So that’s the math. It’s a, it’s the marrying, quite frankly, of macro and micro. So I have a, a deep background in micro, mainly the TMT space. 2009, 10 in that role. And so marrying the two to me is the advantage.

Valuation 157

Valuation Clients Investments Investing 157

The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is.

Investing 130

Investing Investments Clients Numbers 130