The Big Picture

AUGUST 8, 2022

It turns out their business model is a little similar to the way the banking industry has managed to capture a lot of regulators and continue to operate fairly freely without this sort of regulation and capital requirements and equity requirements that would make banking safer. I was good in math and I love the math.

Banking 201

Banking Government Insurance Taxes 201

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 144

Banking Economics Business Planning Economy 144

The Big Picture

JANUARY 24, 2023

It was between corporate law and investment banking. RITHOLTZ: So even back then, when it was the size that you could take a Christmas picture with everybody in one room at Goldman, they’re still doing investment banking. So I mean, in ’07 and ’08, you know, what killed the economy in ’07 and ‘08 were mortgages going down.

Investing 260

Investing Investments Numbers Banking 260

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. SHAW: Well, it’s pure geometry.

Recruitment 144

Recruitment Engineering Banking Investing 144

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 53

Marketing Marketing Retirement Investing 53

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. Learn math, learn history. So I was at Harvard.

Valuation 130

Valuation Investing Investments Assets 130

Clever Girl Finance

JUNE 21, 2023

Check out these 14 easy side hustles to make money you can start working on today: 14 Easy side hustles to make money fast If you need extra cash now and don’t have time to invest in starting your own business, don’t worry—you can still be part of the gig economy. Get answers for what you need to open a business bank account !)

Food 52

Food Accounting Retail Clients 52

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. Unfortunately, small companies are generally more tied to the economy. They need an economy that is picking up steam, not one that may finally be rolling over. 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. It was at Bank One, at the time. I mean, when you look at that pre, it was, you know, the thought counterparty risk of a bank was solid, right, like that was something.

Clients 293

Clients Wealth Management Investing Investments 293

Good Financial Cents

MARCH 15, 2023

Bank Teller 13. Many jobs in the consumer services sector are customer-facing, such as hairdressers, bank tellers, or flight attendants. Bank tellers must stay up-to-date with financial laws and regulations and be able to answer customer questions about banking products and services. Banks are a good example.

Communication 69

Communication Education Retail Banking 69

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 144

Economy Numbers Marketing Marketing 144

The Big Picture

SEPTEMBER 10, 2024

Mike Wilson has been with Morgan Stanley since 1989, rising up through the ranks of institutional sales, trading, investing, banking to eventually becoming Chief Investment Officer and Chief US Equity Strategist. So I was really investment banking. . ~~~ Barry Ritholtz : This week on the podcast, I have an extra special guest.

Valuation 157

Valuation Clients Investing Investments 157

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 Banking 59

The Big Picture

OCTOBER 17, 2023

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. It’s just math stick to it over long periods of time. So this is more like the real economy, slower growth businesses. Something like that?

Investing 130

Investing Investments Clients Numbers 130

Good Financial Cents

FEBRUARY 10, 2023

You can become a tutor in almost any subject, but science and math are two of the most profitable niches. Food or Package Delivery The gig economy has revolutionized everything from how we order food to the way we get around. Tutoring Tutoring is one of the best strategies for helping children who are struggling with their schoolwork.

Advertising 102

Advertising Media Food Management 102

The Big Picture

DECEMBER 6, 2022

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. I had the chance to be part of some very interesting transactions in the banking space. billion deal. BERRUGA: Yeah. BERRUGA: Yeah.

Clients 157

Clients Investing Investments Management 157

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 Budgeting 52

The Big Picture

AUGUST 29, 2023

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. Yes, the economy can clearly keep roaring along, which we’ve seen. RITHOLTZ: Yes.

Portfolio 130

Portfolio Investing Investments Numbers 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. 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. Then it takes just a few minutes to link your bank account, make a deposit, and fund your cryptocurrency exchange account for the first time. Every single Bitcoin transaction that has taken place is tracked in this public database.

Investing 76

Investing Investments Accounting Commission 76

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 261

Assets Investing Investments Management 261

The Big Picture

JUNE 18, 2024

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. 00:40:26 [Speaker Changed] They, they know, they know math, they know math. I think it’s a great book for 30 something men in investment banking.

Media 144

Media Food Advertising Investing 144

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. So that not shorting financial institutions kind of brings us forward to what’s been going on in the regional banks in 2023.

Math 144

Math Risk Management Marketing Marketing 144

The Big Picture

JULY 15, 2024

If you are at all interested in fixed income, how you assess bonds, how you evaluate the economy, the market, what the fed’s gonna do, what clients want, how to assess risk in credit markets, well then you are gonna really enjoy this conversation. That’s where the economy was at that point. But those guys are great, right?

Portfolio 144

Portfolio Banking Management Portfolio Management 144

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 144

Economy Clients Banking Economics 144

The Big Picture

MAY 21, 2024

The transcript from this week’s, MiB: Savita Subramanian, US Equity & Quantitative Strategy, Bank of America , is below. They got bought by Bank America. And I think you will also, with no further ado, my discussion with Bank of America’s Savita. I’m kind of in intrigued by the idea of philosophy and math.

Numbers 144

Numbers Management Banking Marketing 144

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 144

Banking Investing Investments Marketing 144

The Big Picture

JUNE 3, 2024

Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. And I really hated physics, really. It’s so true.

Math 144

Math Engineering Marketing Marketing 144

The Big Picture

JULY 31, 2023

At that point, I’d been covering, as you mentioned, investment banking, Goldman Sachs for a couple years. You talk about hotels, Airbnb, and then the banks were having people draw down their line of credit weeks and weeks before things really got bad. And again, I’m probably pretty lucky. So that’s the question.

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 144

Insurance Healthcare Retail Medicine 144

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. Following the financial crisis and the Fed cutting rates, economy and the market starts recovering in late 2009 and then 2010 and we kept hearing from a lot of different value corners, hey, everything is richly priced. We’ll circle back with that. ILMANEN: Yes.

Investing 130

Investing Investments Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

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. However, online savings accounts offer rates well above typical banks. Boom, you just made passive income!

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

APRIL 2, 2024

“After a brief and undistinguished career at the Bank of England” You return to academia as a professor of econometrics at the University of Bristol Who puts that in their CV? But when I got to Cambridge, you know, the math was sort of serious there. So, you know, I took my math into statistics and things.

Healthcare 144

Healthcare Medicine Economics Numbers 144

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. So this is the math that I applied. So think about this, do the math. RITHOLTZ: Okay. You should start a company.

Media 284

Media Investing Investments Valuation 284