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. The leading economic indicators show the U.S. 2000-2003 Dotcom implosion 6. Sapient Capital ) • If the U.S.

Insurance 130

Insurance Math Economics Economy 130

The Big Picture

NOVEMBER 22, 2022

The Company Lab was the entrepreneurship and economic development center for Chattanooga and the surrounding areas, which include North Georgia, North Alabama, and Southeast Tennessee. RITHOLTZ: What’s some of the economic sectors within that area? RITHOLTZ: Why is it not surprising that a math nerd is also a placekicker?

Recruitment 141

Recruitment Engineering Investing Investments 141

The Better Letter

JANUARY 11, 2024

That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. These experts made a living “analyzing” and pontificating on political and economic developments. And lots of surprises.

Economy 95

Economy Economics Math Banking 95

The Big Picture

MARCH 12, 2024

So that little detour was in 2003. So think about 2003 home prices had gone up a lot from 2000. So mortgage position in 2000 were way more valuable in 2003 than they were when they originated because they weigh less credit risk. Economic occupancy is who’s paying the rent. Sometimes five years.

Banking 141

Banking Investing Investments Marketing 141

The Big Picture

JULY 4, 2023

RITHOLTZ: So you launch your own firm IDW in 2003. WEINSTEIN: I think people get comfortable and they feel like, again, it’s economic loss aversion theory at work. By the way congratulations that’s 20 years ago so you’re celebrating a big anniversary this year. Staying put cannot be just the default position.

Management 141

Management Recruitment Numbers Banking 141

The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. I’m going to be skeptical about analyst adjusted earnings and look to free cash flow is a confirming, but, but I also wanna see, is it one of those cases where the analyst adjustments are economically realistic or are they excuses? And the value line has all these statistical patterns.

Management 258

Management Investing Investments Retail 258

The Big Picture

NOVEMBER 15, 2022

I mean, there were some advisor pickup, but you had to be kind of on the front edge of finance, or a quant, or running your own models, which in 2003, was not that common. So as much as I’m personally still a pretty strong skeptic of active management, I mean, I understand the math, and the odds are not in your favor.

Management 268

Management Assets Portfolio Investing 268