The Big Picture

JUNE 2, 2025

00:04:13 [Speaker Changed] You’ve held a number of roles there eventually becoming a senior partner, but the two that are most fascinating and relevant to your current situation is chief risk officer and Chief Financial Officer. And we had, I don’t remember the number, 60, 70, 80 partners plus another several hundred associates.

Economy 130

Economy Economics Numbers Banking 130

The Big Picture

DECEMBER 8, 2023

That is a significant number to recall whenever people posit we either are in, or just were in, or are about to tumble into a recession. Some retire, take a sabbatical, go on leave, switch to another job, or join the choir invisible. but most months, the specific number is more or less a rounding error. Consider that about 3.6

Numbers 261

Numbers Retirement Economy Accounting 261

The Big Picture

MARCH 3, 2023

Meaning, you do not get the 8-10% long-term gains without living through a significant number of market events, ranging from cyclical drawdowns to longer secular bear markets, and full-on crashes. 2000-13 : Secular bear market did not make new highs until March 2013 2018 : ~20% pullback as the economy slowed, FOMC hiked.

Marketing 335

Marketing Marketing Economics Portfolio 335

Random Roger's Retirement Planning

OCTOBER 25, 2022

Then from about 2013 to 2016, gold struggled and so too did PRPFX. The ten year numbers are awful for PRPFX because gold went down for about 4 years from 2013-2016. Both are multi-asset but PRPFX obviously allocates to precious metals and where you see the two funds diverge, those divergences coincide with big moves in gold.

Portfolio 95

Portfolio Retail Accounting Numbers 95

Brown Advisory

JANUARY 20, 2023

Some recent, high-profiles examples include: In 2013, the billionaire creator of Beanie Babies pled guilty to tax evasion and faced FBAR fines of roughly $53 million. military banking facilities; certain bank-to-bank settlements; accounts owned by certain retirement plans. government is a member; accounts in overseas U.S.

Accounting 100

Accounting Compliance Taxes Banking 100

Random Roger's Retirement Planning

APRIL 8, 2024

I used to own TIP but then figured out the interest rate problem back in what I am guessing was about 2013. I've known about this fund but didn't realize it has been around so long, back to 2013 despite only having $20 million in it. They may have inflation protection but they also assume interest rate risk. in I can't figure it out.

Clients 98

Clients Portfolio Distribution Management 98

Random Roger's Retirement Planning

DECEMBER 3, 2023

The basic mechanics of CEFs is they are exchange traded but unlike ETFs which create or redeem shares based on money coming and going, CEFs have a fixed number of shares so open market buying and selling can cause the market price of the fund to deviate widely from the net asset value (NAV), the actual value of the holdings.

Portfolio 75

Portfolio Accounting Numbers Taxes 75

Random Roger's Retirement Planning

OCTOBER 19, 2022

The point is that the factor, in the above case it's low volatility, has generally kept up with market cap weighting (MCW) with only 80% of the drawdown (his number). During the Taper Tantrum in 2013, both low volatility funds underperformed but that was also a very short term event. More on low volatility in a second.

Numbers 97

Numbers Marketing Marketing Management 97

Indigo Marketing Agency

NOVEMBER 20, 2020

From 2013 to 2016, the median assets under management (AUM) grew 6% from $86 million to $92 million. As baby boomers continue to retire, financial advisors across the country have started targeting the younger generations, Generation X and millennials , to varying degrees of success. Do these numbers excite you?

Financial Advisor 52

Financial Advisor Wealth Advisor Clients Numbers 52

Good Financial Cents

DECEMBER 14, 2022

Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations. According to the U.S.

Budgeting 88

Budgeting Compliance Accounting Insurance 88

Carson Wealth

OCTOBER 7, 2024

Strong Job Numbers Are Good News for the Economy and Markets There’s been valid concern that employment conditions are deteriorating, ever so slowly. The unemployment rate has increased from a low of 3.4% in April 2023 to 4.3% in July of this year. Payrolls grew by 254,000 in September, doubling expectations for a 125,000 increase.

Marketing 96

Marketing Marketing Economy Economics 96

The Irrelevant Investor

APRIL 1, 2021

I remember when I entered the job market in the 70s (yes, I’m a boomer) we bemoaned our fate of being boomers because we were being spewed out of college and into the labor force in unprecedented numbers, driving competition for jobs up and wages down. And BTW, competition to get into college was very rough because of our numbers.

Retirement 52

Retirement Assets Numbers Economy 52

Indigo Marketing Agency

JUNE 20, 2024

From 2013 to 2016, the median assets under management (AUM) grew 6% from $86 million to $92 million. Shifting Generations As baby boomers continue to retire, financial advisors across the country have started targeting the younger generations, Generation X and millennials, to varying degrees of success. Do these numbers excite you?

Financial Advisor 40

Financial Advisor Wealth Advisor Clients Numbers 40

Brown Advisory

JANUARY 20, 2023

Some recent, high-profiles examples include: In 2013, the billionaire creator of Beanie Babies pled guilty to tax evasion and faced FBAR fines of roughly $53 million. military banking facilities; certain bank-to-bank settlements; accounts owned by certain retirement plans. government is a member; accounts in overseas U.S.

Accounting 52

Accounting Compliance Taxes Banking 52

The Big Picture

SEPTEMBER 12, 2022

I wasn’t that typical person that did a number of, you know, internships during the summer, had that …. BITTERLY MICHELL: … difficult situations for those who were retiring, right, and those …. RITHOLTZ: Whereas the — and the market when — essentially didn’t get above 2000 to like 2013 or so. RITHOLTZ: Yeah.

Clients 293

Clients Wealth Management Banking Investments 293

Random Roger's Retirement Planning

JULY 14, 2022

For the 5 year bull market you could simplistically add 10% per year or 50% total in dividends and for this year 7 or 8% (six months worth) back in which changes the numbers considerably. Given that MCN went up during the Taper Tantrum of 2013, I lean toward thinking it was equity beta. Yahoo doesn't show total return.

Portfolio 72

Portfolio Math Clients Marketing 72

Harness Wealth

JUNE 9, 2023

A financial plan is a comprehensive blueprint designed to help you meet your financial goals, whether that’s achieving a comfortable retirement, sending your kids to college, or planning for unforeseen events. per year from 2013 to 2022, according to the U.S. If you have a positive number, you have positive cash flow.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Brown Advisory

NOVEMBER 12, 2015

In this letter, we outline a number of tax-saving and other opportunities to consider before the close of the year. As we note in some of the suggestions that follow, there are a number of ways to accelerate or delay income that may make sense for you, depending on where your income sits relative to the various thresholds listed above.

Planning 52

Planning Taxes Distribution Medical 52

Brown Advisory

JANUARY 4, 2016

In 2013, she applied it to the small number of privately held companies with a market value over $1 billion to denote their rarity. Uber, arguably the best known, first became a unicorn in mid-2013, about the time Ms. Lee coined the term. It’s now worth an estimated $51 billion just two years later. Rapid Growth.

Investments 52

Investments Investing Numbers Valuation 52

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 It has to be such a different set, the retirement planning is different, the safety net is different. I was employee number 10. I had the chance to be part of some very interesting transactions in the banking space.

Clients 157

Clients Investments Investing Management 157

Good Financial Cents

JUNE 25, 2023

As you can see from those numbers, early Bitcoin investors who held on through the crypto’s ups and downs likely made a fortune. If you invested $100 in Bitcoin in Bitcoin in July 2013, about nine years ago, you would have bought 1.47 As of this writing, a single bitcoin is valued at around $30,000. As of this writing, 1.47

Investments 76

Investments Investing Accounting Commission 76

Random Roger's Retirement Planning

JULY 24, 2024

It's not as old as DVY, XYLD only goes back to 2013. The 2022 number was a little better than the Aggregate Bond Index but I think comes up short in the context of offsetting equity market volatility. It has plenty of income of course, no equity upside to speak of which doesn't have to be bad but it does capture a lot the downside.

Portfolio 52

Portfolio Taxes Numbers Marketing 52

Brown Advisory

JULY 1, 2015

Period April 30, 2013, through April 30, 2015. In the last couple of quarters, a number of U.S.-based A 2013 pension reform law designed to help alleviate the crisis has been struck down as unconstitutional in the state Supreme Court, which ruled that pension obligations are contractual and cannot be “diminished or repaired.”

Investments 52

Investments Investing Banking Economy 52

Brown Advisory

JANUARY 1, 2023

These are the businesses in which we want to invest your savings (and ours) so that they can compound over time, ensuring your security in retirement and our opportunity to create value for you. We enjoy our Book Club and a number of titles we have read this year are noted throughout4. 5 on a net of fees basis.

Investments 52

Investments Investing Valuation Clients 52

Brown Advisory

JULY 23, 2019

Buffett has invested in companies that had retired 70% of their shares over time, so he likes the idea of companies buying shares at a discount to intrinsic value. Buffett places a very high value on this float but won’t give a number. Munger added, “When buying back stock gets really obvious, they will be very good at it.”

Insurance 52

Insurance Investments Investing Management 52

Brown Advisory

JULY 23, 2019

Buffett has invested in companies that had retired 70% of their shares over time, so he likes the idea of companies buying shares at a discount to intrinsic value. Buffett places a very high value on this float but won’t give a number. Munger added, “When buying back stock gets really obvious, they will be very good at it.”

Insurance 52

Insurance Investments Investing Management 52

The Big Picture

JUNE 2, 2023

Sometimes it is due to retirement, death, sabbaticals, parental leave, but most often, it is to switch jobs and work for another firm or start their own business. Essentially, monthly Non-Farm Payrolls is the net difference between these two groups: The actual number is far smaller and less significant than gets played most publicly.

Numbers 307

Numbers Valuation Retirement Economics 307

The Big Picture

AUGUST 30, 2023

Citylab ) • Larry Summers’ Comparison of 2013–23 Inflation with 1966–76 Is Uninformed Madness : How incredibly wrong was Larry Summers about inflation? Cato Institute ) • The Evolution of Retirement : No one knows precisely how much to save for multiple decades into the future. It is finally possible to imagine a post-Communist regime.

Retail 130

Retail Retirement Economy Numbers 130

The Big Picture

MAY 9, 2023

He co-chairs a number of the asset management investment committees. So I interviewed with a bunch of banks, got a number of job offers by the end of the week, and joined Goldman Sachs in October 1998. I ended up being hired onto the high yield desk as a research analyst and did that for a number of years, a couple of years.

Assets 293

Assets Clients Investments Investing 293

The Big Picture

NOVEMBER 15, 2022

Let Mr. Market do his thing and we’ll find out how we did when we get ready to retire. I have lots of different ways I can get that number to go up. It’s still a fairly small number. We have mutual funds now; they’re not going to go anywhere because they’re baked into our retirement system.

Management 273

Management Assets Portfolio Marketing 273

Random Roger's Retirement Planning

MARCH 24, 2024

In 2013, both of them missed out on a very good year and then they've each taken turns completely missing out in other years. I labeled the portfolio with the number 1, I'll try to work on others and we can compare them in future posts.

Portfolio 98

Portfolio Management Taxes Numbers 98

The Irrelevant Investor

SEPTEMBER 10, 2018

In a related but tangential matter, the number of publicly traded companies in the United States has been cut in half over the last twenty years. There aren't enough public companies (too few IPOs) From 2013-2017, there were 814 IPOs. Today that number is close to $100 million. These numbers were run a few weeks ago).

Startup 52

Startup Valuation Numbers Commission 52

Good Financial Cents

AUGUST 1, 2022

I’m going to present a large number of high-yield investments, each with its own degree of risk. Because retirement accounts are tax-sheltered, it makes little sense to include municipal bonds in those accounts.). You can exchange your preferred shares for a specific number of common stock shares in the company.

Investments 64

Investments Investing Certification Accounting 64

The Big Picture

APRIL 25, 2023

And before you knew it, she was the number one salesperson for selling to professional salons in the whole country. They just didn’t do that in big numbers back then. I think the other big misnomer that’s out there is people are fueled by these headline numbers, right? So, I learned a lot from these ladies.

Compliance 157

Compliance Clients Wealth Management Management 157

The Big Picture

JULY 24, 2023

So this secular bear market that we’re in today began in 2013 when we finally broke above the 1,500 level that was capping the index since 2000. RITHOLTZ: You had 1987, you had 1997, you had 1998 there were a number of really substantial. But number two is from a demographic standpoint. RITHOLTZ: Right.

Marketing 130

Marketing Marketing Economy Valuation 130

Nationwide Financial

JANUARY 5, 2023

LGBTQ+ adults were not legally permitted to marry their romantic partners nationwide, nor receive the 1,100+ legal benefits and protections that come along with marriage, until the United States Supreme Court’s Windsor and Obergefell decisions in 2013 and 2015, respectively 3. 1 That number is expected to grow to around 7 million by 2030.

Planning 64

Planning Clients Insurance Budgeting 64

Mr. Money Mustache

NOVEMBER 10, 2020

All covered, with no co-pay and in an environment that feels to me like Presidential-level health care, in striking contrast to some of my past experiences where I felt like an anonymous numbered ticket in a sloshing sea of bureaucratic institutional medicine. The reason this is better than the ACA: direct care and no insurance companies.

Insurance 58

Insurance Medical Medicine Healthcare 58