The Better Letter

MARCH 27, 2025

The NBA followed suit in 2002. If there’s one thing we know about economics (and it applies much more broadly, of course), it’s that incentives work. miles per hour over the last 20 years, and the number of pitches over 100 miles per hour increased from 214 in 2008 to more than 3,300 in 2024. miles per hour to 94.3

Accounting 62

Accounting Food Retirement Electronics 62

Carson Wealth

JUNE 5, 2023

Recent economic data do not point to a recession. That’s a solid job growth number but a step down from reports through April. This measures the number of people working as a percentage of the civilian population. This still leaves it higher than at any point between 2002 and 2022. And we’re certainly well above that.

Economy 52

Economy Numbers Compliance Banking 52

Indigo Marketing Agency

FEBRUARY 27, 2024

Created in 2002, UVI RTPark is a rapidly growing economic development program specializing in technology and knowledge-based business attraction in the United States Virgin Islands (USVI). UVI RTPark’s mission is to become the premier business destination of choice for firms in knowledge and technology-intensive sectors.

Financial Advisor 52

Financial Advisor Clients Tax Planning Wealth Management 52

Carson Wealth

MAY 22, 2023

Economic data continues to come in strong, including for retail sales and vehicle production. Housing starts and permits data are turning around as builders become more confident about the economic outlook. Housing may no longer be a drag on economic growth the rest of this year. on average. Let’s focus on housing.

Marketing 52

Marketing Marketing Economy Economics 52

Brown Advisory

SEPTEMBER 6, 2022

The expected competitive forces don’t materialise, and we believe that superior economics can be maintained for a lot longer than our standard microeconomics mean-reversion frameworks would suggest. Behavioural economics has a lot to say about these cycles, we will come back to this another time. Recently governments in the U.S.,

Investing 52

Investing Investments Insurance Ethics 52

Trade Brains

JANUARY 24, 2024

The number of taxpayers having an income of > Rs. Business Overview Established in 2002, Anand Rathi Wealth Limited (ARWL) commenced operations as an AMFI-registered Mutual Fund Distributor. There has been an increase in the amount of investments in the Equity Mutual fund, i.e. from 6.7% in FY18 to 15.2%

Wealth Management 59

Wealth Management Clients Distribution Assets 59

Brown Advisory

JUNE 16, 2022

We remain highly dubious of price-to-earnings ratios as a proxy for value given earnings can be distorted by “creative” accounting and the measure embeds a range of factors into a single number. Specifically, economics has a half-life of 9.4 GAAP in 2002 7. We inherently prefer actual cash flow.

Investing 52

Investing Investments Accounting Valuation 52

Brown Advisory

MAY 10, 2018

A rapid increase in foreign trade has fueled global economic growth, and multinational companies have flourished in this environment. Or are the steel tariffs of 2002 a better indicator of what we should expect—an orderly, low-impact process resolved by the WTO in fairly short order? From a peak rate of 20% in 1930, the U.S.

Economy 52

Economy Portfolio Clients Sales 52

Brown Advisory

MAY 10, 2018

A rapid increase in foreign trade has fueled global economic growth, and multinational companies have flourished in this environment. Or are the steel tariffs of 2002 a better indicator of what we should expect—an orderly, low-impact process resolved by the WTO in fairly short order? From a peak rate of 20% in 1930, the U.S.

Economy 52

Economy Portfolio Clients Sales 52

Trade Brains

SEPTEMBER 12, 2022

Rain Vikas Nigam traces back its origin to 2002. The merger proved beneficial for both companies as it resulted in a diversified loan book amid India’s changing economic landscape. While there are some novice trading strategies that advise picking stocks trading near rounded-off numbers. million and growing.

Banking 52

Banking Manufacturing Commission Retail 52

The Big Picture

APRIL 18, 2023

And so, that didn’t happen until 2002. I mean, you know, this is probably 2002. You see these things before they start to show up in the economic data. So we share themes and we share these economic signals. You know, economically, that’s a big thing. RITHOLTZ: Right.

Assets 162

Assets Investments Investing Valuation 162

Mr. Money Mustache

MAY 20, 2022

Which has in turn triggered the more skittish stock investors to run for the exits and completely change their view of our economic future, flooding the financial news with red ink and scary headlines. Now that we’ve covered the background, we can get into some better news: This is all a normal, healthy part of the economic cycle.

Marketing 53

Marketing Marketing Retirement Investments 53

The Big Picture

AUGUST 15, 2023

To give you a fun story, we launched Protégé Partners in 2002. Or at least the top, pick a number, 30, 40%. And in 2002, the bucket of the largest hedge funds was those north of $1 billion. SEIDES: Before 2002, there were no capacity issues with whoever you thought the best hedge funds were. Less, 20, 30%? RITHOLTZ: Sure.

Management 130

Management Investments Investing Government 130

The Big Picture

DECEMBER 19, 2023

They run long short across each of these, and they’ve put up some pretty impressive numbers over the past couple of years. I got an internship at a investment fund in Baltimore, and this was 2002 at the time. There are about 13 different portfolio managers each focused on a different sub-sector. Are there too many hedge funds?

Healthcare 162

Healthcare Portfolio Management Investments 162

Brown Advisory

APRIL 1, 2020

We believe that the current environment offers a number of strategic planning opportunities to improve your financial plan, enhance wealth transfers to heirs or charities, minimize the impact of income taxes and broadly help you advance your progress toward long-term goals. We are working to help you take those steps forward.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

Brown Advisory

APRIL 1, 2020

We believe that the current environment offers a number of strategic planning opportunities to improve your financial plan, enhance wealth transfers to heirs or charities, minimize the impact of income taxes and broadly help you advance your progress toward long-term goals. We are working to help you take those steps forward.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

Brown Advisory

APRIL 1, 2015

Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. It’s remarkable how far the markets have come in the five years since then. Not only have U.S. Possible Signs.

Investing 52

Investing Investments Valuation Assets 52

The Big Picture

MARCH 27, 2023

RITHOLTZ: There’s safety in numbers. since the ‘80s regarding economic mobility, that there used to be a huge ability to move up, or at least be in a better situation than your parents were. Tell us about how you saw this lack of diversity and the lack of economic mobility. The numbers are correct. MIELLE: Correct.

Assets 285

Assets Investments Investing Management 285

The Big Picture

SEPTEMBER 23, 2024

They have a number of businesses that they’ve taken over through the debt side of the equation. Bachelor of Commerce with honors from Delhi University, a Master’s in Economic from Vanderbilt, and then an MBA from the University of Chicago. With a number of different people leading different departments.

Banking 147

Banking Assets Investments Investing 147

The Big Picture

JANUARY 21, 2025

Barry Ritholtz : The the funny thing is, the behavioral aspect of mutual funds seems to have been when people finally learn about a manager who’s put up great numbers, by the time it makes to make makes it to Forbes, hey, most of that run is probably over and a little mean reversion is about to kick in. I did it in 2000, 2002.

Investments 147

Investments Investing Management Retirement 147

The Big Picture

OCTOBER 19, 2022

He is the managing director of Vanguard’s Financial Advisor Services Division, where he began back in 2002. RAMPULLA: I went to Drexel part time while I was at Vanguard, did that commute down to Philadelphia from the suburbs, you know, three times a week for a number of years. I was employee number one in London. RAMPULLA: Yeah.

Clients 286

Clients Financial Advisor Taxes Investments 286

The Big Picture

NOVEMBER 8, 2022

CHANCELLOR: And I actually — one of my last projects at GMO was to do a sort of — to look at what was going on from economic sentiment perspective, looking at various different measures in a bull bear ratio, amount of margin loans in system. All our economic actions are taking place across time. back in sort of 2012.

Banking 147

Banking Valuation Economy Investments 147

The Big Picture

AUGUST 29, 2022

I mean, I could count them on one hand the number of people who have his depth of knowledge in this space. And in order to graduate from Cook you had to have at least a minor that was related, and I thought — I took an econ class and I kind of liked it, so I minored in environmental economics. RITHOLTZ: Interesting.

Assets 173

Assets Management Marketing Marketing 173

Trade Brains

APRIL 30, 2023

Even those that are not listed create significant economic value and employment. As of 2018, India ranked third on the list of countries with the highest number of family-owned businesses with 111 such companies. These family business enterprises have played a crucial role in the Indian industry.

Management 52

Management Pharmaceutical Engineering Ethics 52

The Big Picture

FEBRUARY 13, 2023

And then in ‘94 and ’98, you know, all had a different stream to 2002. And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. So yeah, man, that was the idea.

Economy 147

Economy Numbers Marketing Marketing 147

The Better Letter

JANUARY 12, 2023

The contracts were based upon Summers’ macro-economic forecast, which turned out to be wildly wrong. Obviously, economic forecasting skill eludes even Nobel laureates and other eminent economists. These experts made a living “analyzing” and pontificating on political and economic developments. “In 6.1

Economy 118

Economy Economics CFP Management 118

The Big Picture

DECEMBER 12, 2023

And because my mother and grandmother were looking at these trying to figure out what was going on, I was curious about the sea of numbers. And 00:28:03 [Speaker Changed] That’s an amazing number. 00:49:30 [Speaker Changed] I bought it around 2000 and it crashed around 2002. If it’s a cyclical low Yeah.

Management 264

Management Investments Investing Retail 264

The Big Picture

OCTOBER 15, 2024

That was a global macro hedge fund, and so that’s a really fun part of finance where you just get to try to figure out at a high level what’s going on in the world and lots of arguments about politics and economics and history and financial markets. Am I getting those numbers about right? You said you had a pretty good run.

Government 147

Government Electronics Engineering Management 147

The Big Picture

APRIL 11, 2023

DAMODARAN: I am interested in numbers. I’m naturally a numbers person. To me, storytelling is much more — I mean, if you think about the history of humanity, for thousands of years, the way we pass down information was with stories, not numbers. It has allowed for this acceleration of number crunching.

Valuation 298

Valuation Education Numbers Government 298

Calculated Risk

FEBRUARY 9, 2025

However, further monetary easing and the sizable number of projects in planning should support construction spending in the back half of the year. This graph shows the Dodge Momentum Index since 2002. Commercial construction is typically a lagging economic indicator. The index was at 225.7 in January, up from 213.6

Healthcare 147

Healthcare Planning Education Numbers 147

The Big Picture

MAY 21, 2024

So it’s got this math angle where it, you know, it’s all numbers, but then there’s this behavioral angle and psychological angle where, you know, it’s, it’s kind of a fun problem to tackle. It’s kind of a silly number, but people are going to think you’re smart or dumb based on that number.

Numbers 147

Numbers Banking Management Marketing 147

The Better Letter

JANUARY 11, 2024

As outlined in his Expert Political Judgment , Wharton’s Philip Tetlock looked at 82,361 economic and political forecasts by 284 experts between 1987 and 2003. These experts made a living “analyzing” and pontificating on political and economic developments. economist for Bloomberg Economics. So did Ron Paul.

Economy 97

Economy Economics Math Banking 97