Remove 2007 Remove Economics Remove Math Remove Taxes
article thumbnail

Hold Cash or Invest? History Shows Cash Isn’t King for Long

Darrow Wealth Management

The federal funds rate hasn’t been this high since 2007 when it peaked at 5.25%. Again just using simple math, this presumes the par value will roll over each month and reinvest at the same rate to get to the annual yield. This has been the faster pace of rate hikes since the 1980-1981 cycle. 467% a month.

article thumbnail

Transcript: Tom Hancock, GMO

The Big Picture

You wouldn’t be surprised to learn the tax consequences of owning a mutual fund is a part of it. I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. Really fascinating guy. So I was at Harvard.

Valuation 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Transcript: Anat Admati

The Big Picture

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 201
article thumbnail

Transcript: Graeme Forster, Orbis Investments

The Big Picture

A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. 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. You joined in 2007, what led you there?

Investing 130
article thumbnail

Transcript: Kristen Bitterly Michell

The Big Picture

And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. And so, 2007, I came over to Citi.

Clients 293
article thumbnail

Transcript: Ted Seides

The Big Picture

SEIDES: John Yeah, I said back then, the bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. So for a taxable investor, hedge funds generally aren’t tax efficient. This is the summer of 2007. RITHOLTZ: 2007. So back in 2007. SEIDES: Yeah.

article thumbnail

The Scapegoat

The Irrelevant Investor

There are a lot of economic problems that we'll face in the coming years. The erosion of that bargaining power is one of the biggest economic stories of the past four decades, yet it’s less about supply and demand than about institutions and politics." Unfortunately, there are no easy solutions. Which leads us to share repurchases.