Remove Banking Remove Economics Remove Math
article thumbnail

Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

So I bought Silicon Valley Bank options (SVB) right after it got cut in halfbut right before it went to zero. This was impossible, and I said so: Either you guys are either going to win the Nobel prize in economics or go to jail. I was up so much on that trade that my trading demons were emboldened. There is nothing in between. (I

Investing 267
article thumbnail

10 Weekend Reads

The Big Picture

Or why we need less math in music theory. ( Morgan , where she is co-head of commercial banking. Tablet ) see also Welcome to the New Military-Industrial Complex. Each sentence should have its own organic length, unconnected to what came before or goes after. So why doesnt our music do that?

Math 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Friday AM Reads

The Big Picture

Most economic downturns hit lower-income Americans hardest, but this time is different. Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame.

Math 290
article thumbnail

15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

Recession-proof businesses are more than just smart, they’re essential when economic uncertainty hits. Content related to challenging financial times Final thoughts: Start building a recession-proof business today Recession-proof businesses can thrive despite an economic downturn. Should I start a business during a recession?

Economy 69
article thumbnail

How Do Higher Interest Rates Push Inflation Down?

Discipline Funds

This went against the prevailing theory that lower interest rates and more reserves in the banking system could cause a surge in bank lending as lower rates make loans more affordable and more reserves give banks more ability to “multiply” loans. But the problem was that the demand for apples was structurally low.

Banking 119
article thumbnail

Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

3,4 This Week: Key Economic Data Tuesday: International Trade in Goods. Source: Investor’s Business Daily, Econoday economic calendar; January 5, 2024 The Econoday economic calendar lists upcoming U.S. Math errors: Simple addition and subtraction mistakes can delay your return. News of unemployment remaining steady at 3.7%

article thumbnail

Transcript: Kristen Bitterly Michell

The Big Picture

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.

Clients 299