Remove 2010 Remove Math Remove Retirement
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Join The Bond Market Resistance!

Random Roger's Retirement Planning

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. I found an interview I did with Seeking Alpha in late 2010 that made its way to NASDAQ.com. Here's the relevant excerpt. It turned out it did matter starting in late 2021.

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Trying To Learn From Risk Parity

Random Roger's Retirement Planning

The math is only off by a shade using leverage via UST and a little bit of SSO, remember RPAR is leveraged. This is probably attributable to trend having some weak years in the 2010's. Again, the leverage used in the paper isn't accessible so I built the following to replicate RPAR.

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Transcript: Elizabeth Burton, Goldman Sachs Asset Management

The Big Picture

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. So I applied to Maryland State retirement.

Assets 147
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Transcript: Luis Berruga, Global X ETFs

The Big Picture

It has to be such a different set, the retirement planning is different, the safety net is different. People in Spain when I was growing up in the ‘80s and ‘90s, they expect to just retire and have the government give them like a paycheck every month. So a phenomenal learning experience with both Jefferies and Morgan Stanley.

Clients 162
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Transcript: Kristen Bitterly Michell

The Big Picture

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: … difficult situations for those who were retiring, right, and those …. RITHOLTZ: Applied Mathematics, Quants, those guys, yeah. BITTERLY MICHELL: … was — no, no.

Clients 299
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Transcript: Antti Ilmanen

The Big Picture

Following the financial crisis and the Fed cutting rates, economy and the market starts recovering in late 2009 and then 2010 and we kept hearing from a lot of different value corners, hey, everything is richly priced. Let’s talk a little bit about the pushback to low expected returns. Bonds are the most expensive. Stocks are pricey.

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Transcript: Ted Seides

The Big Picture

SEIDES: But market returns across — RITHOLTZ: The past decade, 2010 to 2020, we were what? So I think that argument is very valid in those couple of years, 2009, 2010 probably, maybe 2011, which was a tough year for hedge funds. Probably the first one I’m ready to retire, which is a post-lockdown question.