The Big Picture

NOVEMBER 22, 2022

And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. RITHOLTZ: So generally speaking, alternative assets, that’s a tough gig to get into regardless of where you go to school. And that’s whether you’re white or black.

Recruitment 141

Recruitment Engineering Investing Investments 141

The Big Picture

MAY 30, 2023

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. BRYANT: And so when this guy told me that we’re, at that time, 10,000 banks, hundreds of thousands of bankers, 100,000 banks.

Banking 141

Banking Economics Economy Business Planning 141

Mr. Money Mustache

MAY 20, 2022

And just to amplify everything even further, China has launched a batshit crazy (and medically impossible) “zero covid” policy, locking down hundreds of millions of its own people who can no longer produce or export the things that the rest of the world’s economy had grown to rely upon. So eventually, they had to turn off the booster.

Marketing 57

Marketing Marketing Retirement Investing 57

The Big Picture

SEPTEMBER 12, 2022

They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned.

Clients 286

Clients Wealth Management Investing Investments 286

David Nelson

NOVEMBER 20, 2023

God forbid the economy, or the consumer were strong. Outside of energy that mindset rained on just about every sector of the economy last year. So here we are in November, on the heels of a better than 10% rally that lifted all asset classes. Unfortunately, small companies are generally more tied to the economy.

Economy 52

Economy Retail Sales Math 52

The Big Picture

JANUARY 16, 2024

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. I like as a real estate person, you walk through your assets, you can touch and feel things. Essentially you buy assets. It could be all kinds of assets. I knew I wanted to do something in business.

Assets 258

Assets Investing Investments Management 258

The Big Picture

OCTOBER 17, 2023

I want to get into that before we start talking about asset management. So I, I did a math degree at Oxford, which is more pure math. So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse.

Investing 130

Investing Investments Clients Management 130

Aleph

JANUARY 14, 2023

There is more opportunity in London than much of Italy Jan 10, 2023 Xi Jinping’s plan to reset China’s economy and win back friends [link] It’s rare to see someone have severe opinions “spin on a dime.” Jan 08, 2023 Also, the article is wrong when it states that current math pedagogy favors boys over girls.

Math 59

Math Assets Government Engineering 59

The Big Picture

FEBRUARY 13, 2023

And this is just a masterclass in how to manage assets, think about your career, understand the relationship between markets, between fixed income, the Fed, the dollar, sentiment, consumer spending, just everything is related and understanding what matters when is the key to your success. I try to analyze the economy from the top.

Economy 141

Economy Numbers Portfolio Marketing 141

The Big Picture

DECEMBER 6, 2022

And before that, Morgan Stanley, doing technology and operations planning for the wealth and asset management group. So, yeah, I had a career in investment banking with Jefferies, and it was a really good professional experience because I do have the opportunity to work in M&A, equity and debt financing. billion deal.

Clients 152

Clients Investing Investments Management 152

The Big Picture

AUGUST 29, 2023

That period very much encompasses Vanguard going from an admittedly successful, but not enormous entity, till I think the 2000s, especially the financial crisis, changed how people thought about managed assets, indexing, advisory versus transactional, and Vanguard, along with BlackRock, have been two of the biggest beneficiaries of this.

Portfolio 130

Portfolio Investing Investments Numbers 130

Clever Girl Finance

OCTOBER 17, 2023

Bookkeeping, auditing, or accounting clerk Median yearly wage, according to the Bureau of Labor Statistics: $45,860 This career can work out well if you are good at math and numbers. Skilled at an academic subject like math or English? Gig economy apps If you have a smartphone and a car, a new side gig could only be a few clicks away!

Taxes 52

Taxes Numbers Math Management 52

Brown Advisory

JUNE 16, 2022

The great freeze on free money has arrived with a jolt as inflation cleaves through the global economy. Central banks globally are raising interest rates and this is having a chilling effect on equities and bonds alike. Maths has a long half-life and a DCF correctly done accounts for inflation. The last time U.S.

Investing 52

Investing Investments Valuation Accounting 52

Good Financial Cents

JUNE 25, 2023

Anyone with an Internet connection can participate in the cryptocurrency economy. The stock market is a lot more established with hundreds of years of history and clearer methods of deciding the value of an asset. If all of that sounds overwhelming, there’s no harm in skipping this particular asset class.

Investing 75

Investing Investments Accounting Commission 75

The Better Letter

JANUARY 11, 2024

The economy, the markets, and the world-at-large provide unlimited fodder for them. That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. ” Nobody does. And lots of surprises.

Economy 95

Economy Economics Math Banking 95

The Big Picture

MARCH 12, 2024

And we said, let’s just take a little detour here and make sure we understand the credit risk of these things before we sort of travel, start making markets and banking and, and, and really making these a core part of our business. No income, no job, no assets were exactly ninja, Sean Dobson : No pulse seems reasonable.

Banking 141

Banking Investing Investments Marketing 141

The Big Picture

APRIL 8, 2024

00:08:45 [Speaker Changed] Didn’t they end up getting purchased by, was it Deutsche Bank? Something by Deutsche Bank? Did you want to go to a big bank or is that what led to the next step in your career? I’d been ranked i i back in the seventies, if you can do the math. 00:08:49 [Speaker Changed] Right.

Economy 141

Economy Clients Economics Banking 141

The Big Picture

JUNE 20, 2023

MORGENSON: Could be banks, could be Wall Street, could be private debt folks, but it’s — RITHOLTZ: This is very often securitized and sold off into the market as well? Or should this be kept out of private asset allocators’ hands? RITHOLTZ: And who’s lending this money to the company? Kind of a thing.

Insurance 141

Insurance Healthcare Retail Medicine 141

The Big Picture

JULY 19, 2022

You began as a central bank portfolio manager in Finland. You mentioned in the beginning of the book lower asset yields and richer asset prices have pulled forward future returns. So, starting yields of all major assets were coming down in the last decade and last decade — actually, several decades. ILMANEN: Yes.

Investing 130

Investing Investments Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

When you look at the wealthiest investors across the globe, one of the most common assets they own is real estate. It may not be much, but you’ll earn interest on that money and many online banks even offer cash bonuses for opening accounts. While not exactly stock returns, 5% or more is better than most national bank interest rates.

Accounting 105

Accounting Investing Investments Media 105

Aleph

FEBRUARY 18, 2023

Now she’s leading a push to legalize gambling in Texas [link] Legal gambling leaves society as a whole worse off Feb 16, 2023 As the country emerges from a pandemic that left children zoning out over Zoom, parents are turning to the turbocharged “Russian math” method to give their kids an academic edge.

Banking 59

Banking Healthcare Government Budgeting 59

The Big Picture

MAY 16, 2023

I think eventually it’s Dain Rauscher, which is now Royal Bank. ” If I, if the president ever, this is like a blog post I wrote when the President tweets about the economy, the market will move. Why wouldn’t you, you can buy a fintech assets for 90, 90 cents off the dollar. So this is the math that I applied.

Media 278

Media Investing Investments Valuation 278

The Big Picture

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. You’ve got a big asset management business that you care about. We did not have the strongest West Coast banking presence. There were certain things you couldn’t avoid.

Taxes 268

Taxes Banking Clients Management 268

Brown Advisory

AUGUST 1, 2018

of the shares outstanding), Kraft Heinz (26.7%), Coca-Cola (9.4%), American Express (17.6%), Bank of America (6.8%) and Apple (4.8%) Bullish on Investing in America Buffett opened the meeting with a discussion of investing illustrated with the details of his very first stock purchase in March 1942. stocks, the productive asset!

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

of the shares outstanding), Kraft Heinz (26.7%), Coca-Cola (9.4%), American Express (17.6%), Bank of America (6.8%) and Apple (4.8%). That compounding is the power of putting your money into the productive assets of businesses within the American system. stocks, the productive asset! Bullish on Investing in America.

Assets 52

Assets Investing Investments Insurance 52

The Big Picture

OCTOBER 31, 2022

Now, this is — now, you’re going to China, China banks. RITHOLTZ: So 5% funds rate, what does that do to the economy? I mean, that’s what the central bank — really disruption of the market, something really bad happens, and (inaudible). SCHWARTZ: This is like five P/E-type stocks. SIEGEL: Yeah.

Numbers 141

Numbers Investing Investments Marketing 141

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. Asset management group had made an argument and then the investment bank says, he works here, and then the emerging market people say, what about us, and it was going on and on.

Government 312

Government Banking Numbers Investing 312