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 if you’re under 40, some of this may feel unfamiliar.

Marketing 57

Marketing Marketing Retirement Investing 57

The Big Picture

NOVEMBER 22, 2022

But if you don’t, if you grew up in a market, where there’s not an investment bank, there’s nothing other than a branch bank for one of the multi-dimensional financials, then you’re not really going to have an understanding of what that career looks like at a young age. What is Chattanooga known for?

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Recruitment Engineering Investing Investments 141

The Big Picture

JANUARY 24, 2023

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. It was between corporate law and investment banking. RITHOLTZ: Sorry about the theft of that last (inaudible).

Investing 257

Investing Investments Numbers Banking 257

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. My mental image was that he worked in the bank of, back of a bank approving mortgage applications. Finance was the natural fit for GMO.

Valuation 130

Valuation Investing Investments Assets 130

David Nelson

NOVEMBER 20, 2023

Big Tech’s Market Influence Walmart’s Earnings Report as an economic indicator Small Cap Stocks – Is this the beginning of a sustained rally? 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. Do the math.

Economy 52

Economy Retail Sales Math 52

The Big Picture

SEPTEMBER 12, 2022

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. And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. I love statistics.

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Clients Wealth Management Investing Investments 286

Clever Girl Finance

OCTOBER 30, 2023

Benefits of work from home jobs The gig economy is booming. In fact, more than one-third of the US workforce participates in the gig economy (that is 36% to be precise). Shared economies such as Uber and Etsy are dominating their markets presenting more and more opportunities for everyone to get a share.

Recruitment 52

Recruitment Engineering Certification Communication 52

The Big Picture

FEBRUARY 13, 2023

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. I try to analyze the economy from the top. the economy is stabilizing, China is growing. and maybe the economy is coming off, the central bank, not in ‘23, but will start to ease. RIEDER: Right. Probably not.

Economy 141

Economy Numbers Portfolio Marketing 141

The Big Picture

OCTOBER 17, 2023

A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. 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. What is that? The second is excess returns.

Investing 130

Investing Investments Clients Management 130

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. Specifically, economics has a half-life of 9.4 years after which knowledge becomes out-of-date.

Investing 52

Investing Investments Valuation Accounting 52

The Big Picture

AUGUST 29, 2023

So a variety of risk meetings, a variety of economic meetings. So when you think about what people are earning in their deposit accounts at their banks, and banks have historically been very slow to raise, very slow in terms of raising deposit rates because those deposits tend to be very sticky. RITHOLTZ: Yes.

Portfolio 130

Portfolio Investing Investments Numbers 130

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. But that was really all the banks that were doing it, 00:09:56 [Speaker Changed] Not it was the banks, but there were a lot of empty buildings. And I, I think that I kind of triangulated on it.

Assets 258

Assets Investing Investments Management 258

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

JUNE 27, 2023

And I was very fortunate to get a job at the Federal Reserve Bank of New York. The economy wasn’t as dependent on the equity markets as necessarily as it is today, as we saw post ’08. We’re going to wait, we’re going to see, and we want to be supportive of the markets and the economic system.

Math 141

Math Risk Management Management Marketing 141

The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. Something by Deutsche Bank? That’s just unprecedented.

Economy 141

Economy Clients Economics Banking 141

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. There’s 00:14:11 [Speaker Changed] No money in that bank.

Banking 141

Banking Investing Investments Marketing 141

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Retail 130

Retail Government Economy Economics 130

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? MORGENSON: Well, it was with a French bank, actually. They were representing the bank. RITHOLTZ: And who’s lending this money to the company?

Insurance 141

Insurance Healthcare Retail Medicine 141

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

JULY 19, 2022

You began as a central bank portfolio manager in Finland. And when I was studying in university economics, I did not really get the passion. And so, it’s very sort of, I don’t know, math oriented or algebra-oriented type of thing as opposed to great stories which drive most investment passions. ILMANEN: Yes. ILMANEN: Yes.

Investing 130

Investing Investments Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

Building multiple passive income streams has an additional benefit in the short term: it can make you more resilient and better able to weather economic shocks, such as what was experienced with the past housing crisis and global pandemic. While not exactly stock returns, 5% or more is better than most national bank interest rates.

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

APRIL 2, 2024

He is so knowledgeable about so many unusual areas in economics. You’re the author of 200 plus papers, six books, deaths of Despair, which you wrote with Anne Case who happens to be your wife, was a New York Times bestseller and your latest book, economics in America, an Immigrant Economist, explores the Land of inequality.

Healthcare 141

Healthcare Medicine Economics Numbers 141

The Big Picture

OCTOBER 3, 2023

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. 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. We did not have the strongest West Coast banking presence.

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%). political and economic system, wondered if the divisions among people had grown in the last 50 years and if Buffett had any words of wisdom to help narrow the political divide. Stock Buybacks.

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? RITHOLTZ: Did you see the Liberty Street Economics research paper? I mean, that’s what the central bank — really disruption of the market, something really bad happens, and (inaudible).

Numbers 141

Numbers Investing Investments Marketing 141

The Big Picture

AUGUST 23, 2022

in Economics from Chicago and MBA from Stanford. 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. Even if you read both of Browder’s books, you will find something to be amazed at. With no further ado, my conversation with Bill Browder.

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Government Banking Numbers Investing 312