The Better Letter

JUNE 23, 2022

Make Fewer Decisions It’s simple math. “You’ll see I wear only grey or blue suits,” then-President Barack Obama told Michael Lewis in 2012. Subscribe now Share The Better Letter Read The Better Letter in the new Substack app Now available for iOS Get the app Thanks for reading. Check email only at set times.

Numbers 52

Numbers Accounting Insurance Math 52

Sara Grillo

MAY 8, 2023

He is also the Executive Editor of The Life Product Review since 2012. Prior to joining MetLife in 2013, Bobby was a consultant to life insurers, distributors and high-end agents. He is the third generation of his family to work in life insurance. Bobby is a regular keynote speaker at corporate and industry events. Transcript 0:00:00.6

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. 00:01:29 [Barry Ritholtz] I I, I try not to butcher people’s names, but let’s talk a little bit about your, your background.

Numbers 148

Numbers Management Banking Marketing 148

The Big Picture

APRIL 8, 2025

You’re there almost a decade, Lisa Shalett : So, and, and from 2012 to 2025, that’s a huge run. 00:31:40 [Speaker Changed] So there’s the emotions and then there’s the math, right? . ’cause we have the ability to offer these services to all our clients. In a very short period of time. Remember that.

Asset Allocation 148

Asset Allocation Wealth Management Clients Assets 148

The Irrelevant Investor

AUGUST 9, 2018

According to a Deloitte article, in 2012, 500 of the highest paid executives received an average remuneration of $24.4 If you're curious to learn how the math behind this, read this piece from Econompic. Things are not tough for CEOs of publicly traded companies A picture says a thousand words.

Economics 52

Economics Investing Investments Distribution 52

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. And in November of 2012, it went for a vote in the Senate and it cast 92-4. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive. They said, seven years.

Government 322

Government Banking Numbers Investing 322

The Big Picture

OCTOBER 10, 2023

Michael Lewis ] 00:06:54 [Speaker Changed] So going back to about, I dunno, maybe 2012, I’d had made several runs at writing about crypto, mainly at the behest of crypto people because they wanted attention. Because he was all sure he was a totally isolated math. So, so he’s brilliant at math. I thought so.

Math 163

Math Numbers Marketing Marketing 163

The Big Picture

MAY 2, 2023

RITHOLTZ: So wait, you’re, I’m trying to do the math, if you were 24 in ‘08, so you got this watch in 2000, 99? This is 2012, 2013, was enormous in the industry. CLYMER: Probably 2012. You launched the shop in 2012. He gave me his Omega Speedmaster, which is a really nice watch. Your content is unreal.

Retail 174

Retail Insurance Advertising Numbers 174

The Big Picture

JANUARY 7, 2025

But growing rapidly, that market, when we first did our first secondaries transaction as a, as a firm in 2012 was only 20 billion a drop in the bucket. Now we’re starting to come out of that now, but that math is still nowhere near where it needs to be. The institutional investor does not like that math.

Valuation 130

Valuation Engineering Numbers Marketing 130

The Big Picture

FEBRUARY 17, 2025

And I did a lot of options math, which I thought was interesting. 00:12:42 [Speaker Changed] Yeah, so I joined in August, 2009, and I left to join Hawaiian Bernstein in late 2012. Which was interesting because I actually started my career at JP Morgan Asset Management in the high yield and investment grade credit research team.

Investments 148

Investments Investing Economics Management 148

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. 2012 Watson beat Casper off at chess. It also brought in, you know, interest rates and interest rates expect, because the forward curve is a function of interest rates [ Gary Cohn ] 00:10:52.

Taxes 281

Taxes Banking Clients Management 281

The Big Picture

OCTOBER 31, 2022

There’s a lot of people writing about that back in 2012, 2013, that they started selling at a premium multiple to the market, which is very obviously not the case today. And I’m like, “Well, if Bob Shiller is putting on the seatbelts, maybe he’s done the math, maybe I should be wearing a seatbelt in the back of the car.”

Numbers 148

Numbers Investing Investments Marketing 148

The Better Letter

JANUARY 11, 2024

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. To find the answer, CXO collected and investigated 6,584 forecasts from 2005-2012 for the U.S. Stop with the math.`

Economy 96

Economy Economics Math Banking 96

The Big Picture

OCTOBER 4, 2022

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. Like you’re running a race and you pass the person on second place, what place you’re in.

Numbers 304

Numbers Medicine Food Math 304

The Big Picture

NOVEMBER 12, 2024

Then of course the Fukushima did Fukushima disaster in Japan in 2011 and into 2012. I do the math. But the first supply chain disruption story I ever wrote was back in 1999 when there was an earthquake in Taiwan and we had shortages of chips and other electronics. And each time people who pay attention to this stuff.

Manufacturing 261

Manufacturing Consulting Economics Engineering 261