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The “Art” of Market Timing

The Big Picture

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. But when they get market timing wrong, they lose subscribers. I sure as hell don’t want to either.

Marketing 293
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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 141
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Blunt, unfiltered truth about Indexed Universal Life

Sara Grillo

Policy lapse results in phantom income tax on the entire amount of the capital gain in the policy, plus there is the disappointment of having an asset you counted on (maybe to retire) go to zero. He is also the Executive Editor of The Life Product Review since 2012. He is the third generation of his family to work in life insurance.

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Transcript: Ted Seides

The Big Picture

You still had 2012 to 2017 to finish the bet. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. Let’s jump to my favorite questions that I ask all of my guests, some of which I think I’m ready to retire. RITHOLTZ: Right.

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The Scapegoat

The Irrelevant Investor

The median retirement account balance of people ages 56 to 61 is just $25,000. Whatever else happened, retired policemen and firefighters and teachers would be paid. According to a Deloitte article, in 2012, 500 of the highest paid executives received an average remuneration of $24.4 That is no longer the case."

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Transcript: Benjamin Clymer & Jeffery Fowler, Hodinkee

The Big Picture

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 161
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Transcript: Jeremy Siegel + Jeremy Schwartz

The Big Picture

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. My first four years of teaching was his last four years before he retired. You are going to be guaranteed great returns when you retire.

Numbers 141