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10 Weekend Reads

The Big Picture

You need to understand how math, statistics and probabilities work. You need to understand how corporations and the global economy generally function over the long haul. Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Evolution of Financial Advice.

Math 268
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2018 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

Buffett likes Tim Sloan, who became CEO at Wells after the sales incentive revelations in 2016, and his efforts to fix those past mistakes. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand.

Assets 52
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2018 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

Buffett likes Tim Sloan, who became CEO at Wells after the sales incentive revelations in 2016, and his efforts to fix those past mistakes. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand.

Assets 52
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Transcript: Anat Admati

The Big Picture

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 204
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Transcript: John Hope Bryant

The Big Picture

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. These are not dumb people. RITHOLTZ: Right.

Banking 147
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Transcript: Mike Green, Simplify Asset Management

The Big Picture

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. There’s a continual, the economy continues to grow. It goes so far. Did you give me cash?

Assets 173
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Transcript: Erika Ayers Badan, Barstool Sports

The Big Picture

And at the time when I graduated the economy, it was very good. Barry Ritholtz : Oh, so booming economy, 50 grand in the nineties for right outta college. And we wanted to, I really wanted them to move beyond the blog at, at, when I got to Barstool in 2016, it was, it was predominantly a blog operation. What year was that?

Media 147