Remove 2006 Remove Math Remove Numbers
article thumbnail

Bracketology (2025 Edition)

The Better Letter

Nigl’s bracket finally went bust on game 50 (the third game on the second weekend) when three seed Purdue defeated number two Tennessee, 99-94, in overtime. And about 60 percent of national champions are one of the four number one seeds. A roulette wheel hitting the same number seven times in a row ( one in three billion ).

Numbers 74
article thumbnail

Bracketology (2024 Edition)

The Better Letter

And about 60 percent of national champions are one of the four number one seeds. 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. A roulette wheel hitting the same number seven times in a row ( one in three billion ). quintillion. trillion.

Numbers 83
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pain is Part of the Process

The Better Letter

As I write this TBL, the S&P 500 is getting crushed and (using very rough numbers) is down 18 percent year-to-date. Based upon last week’s TBL , those hedge fund numbers sound high. Using very rough long-term return numbers (9.5% The Dow is down 8.5 The Nasdaq is down a dreadful 31 percent. I’ve had a few.

article thumbnail

Transcript: Heather Brilliant, Diamond Hill

The Big Picture

Heather comes from with a fascinating background, having previously been in a number of other places, most notably Morningstar, and, and she has a very specific approach to investment management and thinking about stock selection. They do a number of things at Diamond Hill that many other investment shops don’t.

Investing 147
article thumbnail

Global Leaders Investment Letter: June 2022

Brown Advisory

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. Maths has a long half-life and a DCF correctly done accounts for inflation. We inherently prefer actual cash flow.

article thumbnail

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.

Math 94
article thumbnail

Trying To Find The Optimal Number Of Stocks To Own

Random Roger's Retirement Planning

This article obviously favors more stocks but an interesting thing not said was at what number would it make sense to just flip from individual holdings to mutual funds and ETFs. In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else.

Numbers 75