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Transcript: Graeme Forster, Orbis Investments

The Big Picture

I want to get into that before we start talking about asset management. So I, I did a math degree at Oxford, which is more pure math. 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.

Investing 130
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Transcript: John Hope Bryant

The Big Picture

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. BRYANT: Pioneer, and he was an asset owner. RITHOLTZ: Right.

Banking 141
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Transcript: Ramit Sethi

The Big Picture

So, you start the blog in 2004, more or less. I’ll tell you something funny and people you know, we never quite had that accusation, but for the better part of 15 years before I started accepting capital, it was, “Hey, everybody’s telling you how to manage your assets the wrong way. It’s much deeper than math.

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Transcript: Brad Gerstner

The Big Picture

He said, I overpaid for the asset. So here’s the math, Barry. If you have seven $50 incremental year, then every 10 year old in America, when they enter into the fifth or sixth grade and the teacher says, Hey, today we’re gonna talk about math or compounding or stocks or capitalism, they’ll say, open up.

Investing 246
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Transcript: Howard Lindzon

The Big Picture

RITHOLTZ: 2004, 2005. Why wouldn’t you, you can buy a fintech assets for 90, 90 cents off the dollar. So the VCs were like, we got to go after the assets under management. So this is the math that I applied. So think about this, do the math. How’s my 10 grand doing? LINDZON: Yes. LINDZON: I hate CNBC.

Media 278
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Transcript: Jeremy Siegel + Jeremy Schwartz

The Big Picture

And arguably, they went from an underpriced position in 2004 I’d say — RITHOLTZ: Right. And I’m like, “Well, if Bob Shiller is putting on the seatbelts, maybe he’s done the math, maybe I should be wearing a seatbelt in the back of the car.” I mean, it’s used to be called FANG. SIEGEL: — or 2006, ’07, ‘08.

Numbers 141
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Transcript: Bill Browder

The Big Picture

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. Asset management group had made an argument and then the investment bank says, he works here, and then the emerging market people say, what about us, and it was going on and on.