2007 Math Retirement 
The Big Picture
NOVEMBER 27, 2023
When you get it wrong, it crushes your retirement plans. My own track record at making big calls is pretty damned good, but none of our clients wants me slinging around their retirement monies based on my gut instinct. The dotcom top, the double bottom in Oct 02-March 03; the highs in 2007, the lows 2009. More on this later.
The Big Picture
AUGUST 29, 2023
My Two-for-Tuesday morning train WFH reads: • Stock Pickers Never Had a Chance Against Hard Math of the Market : In years like this one, when just a few big companies outperform, it’s hard to assemble a winning portfolio. If you’re depending on income to fund your retirement, 5% rates are a blessing. 2007-09 Great Financial Crisis 7.
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Random Roger's Retirement Planning
JULY 8, 2023
That is difficult to pull off but if you do the math on that it shows long term outperformance. Remember, the peak in the S&P 500 in October, 2007 was 1565. He makes a good point about not relying solely on math to assess markets and portfolio construction, that the psychology of markets is important too.
The Big Picture
SEPTEMBER 12, 2022
I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. At Citi, in 2007, fantastic timing, you take over as Head of Structured Solutions. And so, 2007, I came over to Citi. RITHOLTZ: Applied Mathematics, Quants, those guys, yeah.
Mr. Money Mustache
MAY 20, 2022
Even Mr. Money Mustache, as a person who retired 17 years ago, is still in this boat for the simple reason that my retirement income from dividends and hobby businesses is still greater than my annual living expenses (which still hover around $20,000 per year). 3) Okay, but I really am retired and trying to live off my investments now.
The Big Picture
FEBRUARY 6, 2024
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. And that a bit of that cult, Dick and Ike are both retired now. And I very much get the sense he has no interest in retiring. Learn math, learn history.
The Big Picture
AUGUST 15, 2023
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. This is the summer of 2007. RITHOLTZ: 2007. So back in 2007. Probably the first one I’m ready to retire, which is a post-lockdown question.
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