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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

To prove their point, a number of friendly commentators, academics, and hired guns all wrote endless white papers, Op-Eds and commentaries. But they made one super-sized mistake: they cheated with the numbers. ” A bit of quick math: 726,600/0.987 = 736,170 (starting point). 726,600 – 736,170 = -9,570. to only 19.5%

Food 306
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Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

Since its 2014 inception, the fund has returned 9.7% These two possibilities a 10-fold increase versus a 90% drop are roughly symmetrical in terms of math (but probably not probabilities). You see this all the time: After a huge run of spectacular gains, the media fetes a manager, and buyers pour in late. on average per year.

Investing 267
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55 And No Savings Is Not Doomed

Random Roger's Retirement Planning

We've gone over the math before that starting as late as 55 can catch a lot of the way up if they can afford to save a very high percentage of their income. Obviously you can discount those numbers if you expect lower returns going forward.

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Bracketology (2025 Edition)

The Better Letter

Nigl’s bracket finally went bust on game 50 (the third game on the second weekend) when three seed Purdue defeated number two Tennessee, 99-94, in overtime. In 2014, one bracket was alive through 34 games. And about 60 percent of national champions are one of the four number one seeds. quintillion. trillion.

Numbers 74
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Bracketology (2024 Edition)

The Better Letter

In 2014, one bracket was alive through 34 games. And about 60 percent of national champions are one of the four number one seeds. UConn won the national championship as a seven in 2014. A roulette wheel hitting the same number seven times in a row ( one in three billion ). The difficulty lies in the upsets, of course.

Numbers 83
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Transcript: Luis Berruga, Global X ETFs

The Big Picture

RITHOLTZ: So you joined Global X in 2014. 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. I was employee number 10. BERRUGA: Great question.

Clients 162
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Transcript: Heather Brilliant, Diamond Hill

The Big Picture

Heather comes from with a fascinating background, having previously been in a number of other places, most notably Morningstar, and, and she has a very specific approach to investment management and thinking about stock selection. They do a number of things at Diamond Hill that many other investment shops don’t.

Investing 147