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Math Problems

The Better Letter

The maths are exactly the same. These sorts of math problems are the focus of this week’s TBL. Math Problems As this TBL goes live, just 16 games and one day of the NCAA Tournament are in the books, yet my bracket is a mess. We notice the unlikelihood of 100 in a row because of the pattern. Thanks for reading. quintillion.

Math 92
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Trying To Find The Optimal Number Of Stocks To Own

Random Roger's Retirement Planning

In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else. I've got quite a few names that have been in the portfolio since 2004-2006 when I first started this phase of my career. If a portfolio starts with 40 holdings each with an equal 2.5%

Numbers 63
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Pain is Part of the Process

The Better Letter

3 Another study , covering the period 1983-2006 utilizing the Russell 3000 Index, achieved similar and consistent results. This is the best thing I read this week (it combines magic, music, mystery, and math); this is the best thing I saw. That means the remaining 96 percent of stocks merely matched the return of one-month U.S.

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Two Years Without Health Insurance (and What I’m Doing Now)

Mr. Money Mustache

So I decided to take some action, by doing the math for myself using a spreadsheet. I still don’t have much experience with the US healthcare system – it helped deliver my son in 2006, and then repair that same boy’s broken arm in 2016. I felt like I was being squeezed from both ends and it was starting to p**s me off.

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Bracketology (2024 Edition)

The Better Letter

Five 11-seeds have made it to the Final Four: LSU in 1986, George Mason in 2006, VCU in 2011, Loyola Chicago in 2018, and UCLA in 2021. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 quintillion. trillion.

Numbers 81
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Transcript: Julian Salisbury, GS

The Big Picture

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. And then in a fit of madness, I guess, at the end of 2006, the credit markets were pretty uninteresting.

Assets 286
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Global Leaders Investment Letter: June 2022

Brown Advisory

We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. Maths has a long half-life and a DCF correctly done accounts for inflation.