Remove 2005 Remove Math Remove Numbers Remove Risk Management
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Transcript: Graeme Forster, Orbis Investments

The Big Picture

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. Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. It gets further and further away the D P U go.

Investing 130
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Transcript: Bill Browder

The Big Picture

And I was kind of intrigued and so I said, can we discuss it, and he laid it out on a conference table and I said, what’s this number? And then I said, what’s this number down here, and he said, this is last year’s earnings. And that number was $160 million. So, I did the math, 20 million times a hundred.

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Transcript: Sean Dobson, Amherst Holdings

The Big Picture

So a lot of the headline names, you see a lot of the stories you see about, about the financial crisis, a significant number of, of those investors we were helping in security selection, modeling, and analytics. And in the 2000 at the 2005 conference, it’s kind of wild. You’re actually crunching a lot of numbers.

Banking 143
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Transcript: Matt Levine

The Big Picture

But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? And I love that.

Retail 130
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Transcript: Antti Ilmanen

The Big Picture

So, the Portfolio Solutions Group advises mainly institutional clients on all kinds of challenges that they have and thinking about the expected returns, portfolio construction, risk management, et cetera. Those types of excess savings were sort of the culprit for the conundrum in 2005 or whatever it was. RITHOLTZ: Right.

Investing 130