The Better Letter

MARCH 14, 2024

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 ). 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

Numbers 82

Numbers Medicine Math Marketing 82

The Big Picture

FEBRUARY 13, 2023

RIEDER: — there was — and then, you know, punctuating with obviously 2008. I try to analyze the economy from the top. And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. the economy is stabilizing, China is growing. Probably not.

Economy 144

Economy Numbers Marketing Marketing 144

The Big Picture

DECEMBER 6, 2022

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I was employee number 10. You have the liquidity, the tax efficiency, the transparency.

Clients 157

Clients Investments Investing Management 157

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. There’s a continual, the economy continues to grow. It goes so far. Did you give me cash?

Assets 167

Assets Management Portfolio Taxes 167

The Big Picture

AUGUST 17, 2023

This summer’s economy is defying the odds. New York Times ) • Bond Yield Hits Highest Since 2008, Adding Pressure to Borrowing Costs : Bets that interest rates will fall have suppressed 10-year yields for most of 2023, but analysts warn that may be changing. My morning train WFH reads: • What recession?

Insurance 246

Insurance Math Taxes Economy 246

The Better Letter

JANUARY 11, 2024

The economy, the markets, and the world-at-large provide unlimited fodder for them. That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. ” Nobody does. And lots of surprises.

Economy 95

Economy Economics Math Banking 95

The Irrelevant Investor

AUGUST 9, 2018

These numbers are so incomprehensibly large that they lack any meaning. Sri Thiruvadanthai made the astute observation that "even if pensions had put all their money in stocks at the end of 2008, it wouldn't have made much difference to their funding status." The Atlantic asks Are Stock Buybacks Starving the Economy ?

Economics 52

Economics Investments Investing Distribution 52

The Big Picture

APRIL 8, 2024

. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz : This weekend on the podcast, ed Hyman returns to talk about all things economic analysis, what’s going on in the world, how he’s built an incredible career, oh my God, 43 times number one ranked in the Institutional investor survey in economics.

Economy 144

Economy Clients Banking Economics 144

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. And it was day by day from the seat of, it was the month that the economy shut down.

Retail 130

Retail Government Economy Economics 130

The Big Picture

JUNE 20, 2023

That’s a shocking number. I think there’s a number we have in the book, maybe $70 million or something in fees to take care of. RITHOLTZ: Really, that’s a big number. It’s very hard to, you know, getting numbers on this stuff, they really don’t want to help. They knew the numbers.

Insurance 144

Insurance Healthcare Retail Medicine 144

The Big Picture

JULY 19, 2022

But it was — on the other hand, it was just a great place, well, first to try it but the second thing is when 2008 came along, it was one of the few places that we’re making money. But it just didn’t become a great success. RITHOLTZ: Just not a great fit. ILMANEN: Yes. Bonds are the most expensive. RITHOLTZ: Right.

Investments 130

Investments Investing Valuation Portfolio 130

The Big Picture

MARCH 12, 2024

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. My family and I moved to McLean, Virginia in, in 2008. You’re actually crunching a lot of numbers.

Banking 144

Banking Investing Investments Marketing 144

The Big Picture

APRIL 2, 2024

Really, the work he’s done on inequality came after the Nobel Prize based on a book him and his wife put out, and a number of papers. So when I was at this very fancy private school that I was at as a kid, I did math because it gave me a huge amount of free time to do the things I really cared about. Am I getting right?

Healthcare 144

Healthcare Medicine Economics Numbers 144

The Big Picture

NOVEMBER 21, 2023

I would say the thing that connects them is just voracious curiosity about the world of politics and, you know, economies and trying to make sense out of it. I had my first child in June of 2008. Now, the first half of 2008, I was doing pretty well in the fund. I bought Priceline on November 1st, 2008. Oh, really?

Investments 246

Investments Investing Startup Accounting 246

The Big Picture

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. If you look at the, if you look at the filing and you look at the size of the company and the revenue, the entire yearly revenue numbers would be a bad quarter right? That’s unbelievable.

Taxes 274

Taxes Banking Clients Management 274

Brown Advisory

AUGUST 1, 2018

In the last 10 years (2008 through 2017), Berkshire’s shareholders’ equity per share and share price grew at 10.5% That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending. Omaha is a nice weekend getaway with a number of attractions in addition to the annual meeting events.

Assets 52

Assets Investments Investing Insurance 52

Brown Advisory

AUGUST 1, 2018

In the last 10 years (2008 through 2017), Berkshire’s shareholders’ equity per share and share price grew at 10.5% That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending. Omaha is a nice weekend getaway with a number of attractions in addition to the annual meeting events.

Assets 52

Assets Investments Investing Insurance 52

The Big Picture

OCTOBER 4, 2022

I sent email to Marc Maron because he had the number one podcast. A good example of that is like you take something from a cognitive reflection testy or something — like — I’ll make it real simple so we don’t have to like do the weird math on this. MCRANEY: Maybe like 2008, 2007, around there. RITHOLTZ: Right.

Numbers 298

Numbers Medicine Food Math 298

The Big Picture

AUGUST 23, 2022

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.

Government 318

Government Banking Numbers Investing 318

The Big Picture

AUGUST 22, 2023

SUNSTEIN: Well, when you say directly, that’s true, except the number of meetings I had with President Reagan was zero. The number of mediated interactions I had with President Reagan was about five, and the amount of work that I did for the president was basically every day. SUNSTEIN: Yes. RITHOLTZ: And his staff.

Economics 245

Economics Media Government Numbers 245