Good Financial Cents

JUNE 25, 2023

If you invested $100 in Bitcoin in Bitcoin in July 2013, about nine years ago, you would have bought 1.47 When a miner is first to succeed in solving the complex math to process a new block of transactions, that person is rewarded with the transaction fees from recent users and newly minted bitcoin. That’s an incredible gain!

Investing 76

Investing Investments Accounting Commission 76

The Better Letter

MARCH 16, 2023

The maths are exactly the same. These sorts of math problems are the focus of this week’s TBL. Math Problems As this TBL goes live, just 16 games and one day of the NCAA Tournament are in the books, yet my bracket is a mess. We notice the unlikelihood of 100 in a row because of the pattern. Thanks for reading. quintillion.

Math 94

Math Numbers Medicine Marketing 94

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. RITHOLTZ: Whereas the — and the market when — essentially didn’t get above 2000 to like 2013 or so. RITHOLTZ: Applied Mathematics, Quants, those guys, yeah. I love statistics.

Clients 299

Clients Wealth Management Banking Investing 299

The Big Picture

DECEMBER 6, 2022

I did in 2013 the largest banking transaction that the market had seen since the financial crisis, it was a $2.4 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.

Clients 162

Clients Investments Investing Management 162

The Big Picture

NOVEMBER 15, 2022

So as much as I’m personally still a pretty strong skeptic of active management, I mean, I understand the math, and the odds are not in your favor. I read all those academic papers, I understand where the math comes from. It’s how math works. That I think has become pretty important. RITHOLTZ: Right. NADIG: Right.

Management 278

Management Assets Portfolio Marketing 278

The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. SALISBURY: So I led the European Special Situations Group from 2008 to 2013.

Assets 299

Assets Clients Investing Investments 299

Mr. Money Mustache

NOVEMBER 10, 2020

So I decided to take some action, by doing the math for myself using a spreadsheet. An interesting story from Bill’s hometown, from a doctor who took this path way back in 2013: South Portland Doctor Stops Accepting Insurance, Posts Prices Online (from the Bangor Daily News).

Insurance 58

Insurance Medical Medicine Healthcare 58

Sara Grillo

MAY 8, 2023

Prior to joining MetLife in 2013, Bobby was a consultant to life insurers, distributors and high-end agents. Bobby was formerly Senior Vice President and Head of Life Insurance and Annuity Product Development and Pricing at Brighthouse Financial and Vice President of Life Product Development at MetLife.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

JULY 29, 2024

We were fortunate enough to launch in 2013, which was a great, you know, start of a new bull market and a great decade ahead of it. You know, don’t be overwhelmed by the, the vocabulary or the math or things that frighten people away from the industry. That, that’s not that far from our experience.

Clients 147

Clients Portfolio Financial Advisor Investing 147

The Irrelevant Investor

AUGUST 9, 2018

From February 2013 to November 2016, there were 3.6 If you're curious to learn how the math behind this, read this piece from Econompic. Things are tough for aging Americans. Tara Siegel Bernard recently cited a study which shows that the rate of people 65 and older filing for bankruptcy is three times what it was in 1991.

Economics 52

Economics Investments Investing Distribution 52

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. And then in 2013, ‘14, an agency that actually Jeff knows about called Wondersauce –- RITHOLTZ: That’s a great name. CLYMER: Yes, around there, I would say.

Retail 173

Retail Insurance Advertising Numbers 173

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. Corey Hoffstein : So throughout 2013, I was doing a lot of this research. And so in 2013, I’m staring down my largest client, all of a sudden it becomes obvious. It’s just not smart on a math basis to do that.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JANUARY 7, 2025

00:41:54 [Speaker Changed] That was in an Asian manager in 2013. 00:43:02 [Speaker Changed] I think the one that’s most salient that we track most closely, Barry, is the fact that because the math broke at the investor level in N 22, early 23, we’re still playing catch up on that. off, 91 point a half percent off.

Valuation 130

Valuation Engineering Marketing Numbers 130

The Big Picture

JULY 31, 2023

And then I don’t know what God smiled on me, but I got hired by the Wall Street Journal in 2013. RITHOLTZ: So you start in 2013, and then you proceed to get some major news stories that you either covered intimately or broke. You know, when I got hired in 2013, M&A was dead. And that’s sort of the math.

Retail 130

Retail Government Economy Economics 130

The Big Picture

FEBRUARY 17, 2025

And I did a lot of options math, which I thought was interesting. And so I joined in early 2013 and specifically joined initially to cover Sub-Saharan African stocks and also to help launch this new fund, which was called the Next 50 Emerging Markets Equity Strategy. 00:07:26 And then I moved on to the equities team afterwards.

Investing 147

Investing Investments Economics Management 147

The Better Letter

APRIL 11, 2024

David Russell’s 2013 film, American Hustle , began as a script by writer and producer Eric Singer entitled, “American Bulls–t.” The interplay between math and team personnel is part of what makes basketball interesting. It is also well represented within popular culture. ” Who is conning whom?

Investing 89

Investing Investments Math Education 89

The Big Picture

JUNE 2, 2025

And when I went there I was gonna be a lawyer and I was gonna major in mathematics and I took my freshman year math and that all went great. And it turned out that half of that class had been the US National Math team and they had all competed internationally and they knew stuff I didn’t.

Economy 130

Economy Economics Numbers Banking 130

The Big Picture

MAY 16, 2023

So in 2013, just like you said, VCs are not perfect. LINDZON: So at the time in 2013, you could look through the financial statements of Schwab and TD public statements, and they were spending $150 for a customer acquisition. So this is the math that I applied. So think about this, do the math. They are like MOS.

Media 290

Media Investing Investments Valuation 290

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 147

Numbers Investing Investments Marketing 147

The Big Picture

NOVEMBER 16, 2024

New York Times ) • How Big Toilet Paper dupes us all : The wild, nonsensical world of toilet paper math, explained. ( Professor Camerer was became a MacArthur Fellow (Genius grant) in 2013 for his work on risk, self-control, and strategic choice. Vox ) • The inspiring scientists who saved the world’s first seed bank.

Recruitment 162

Recruitment Math Economics Sales 162