The Big Picture

FEBRUARY 17, 2023

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. Slate ) • Guess Who Loses After Florida and Texas Bar ESG Banks? Here’s your investing playbook.

Math 278

Math Advertising Food Retail 278

The Big Picture

SEPTEMBER 10, 2022

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( She is on various “Most Powerful Women in Finance lists” including American Banker, Crains Rising Stars in Banking & Finance 2020. The Atlantic ). •

Math 300

Math Wealth Management Accounting Media 300

The Better Letter

MARCH 16, 2023

The maths are exactly the same. These sorts of math problems are the focus of this week’s TBL. Math Problems As this TBL goes live, just 16 games and one day of the NCAA Tournament are in the books, yet my bracket is a mess. We notice the unlikelihood of 100 in a row because of the pattern. Thanks for reading. quintillion.

Math 93

Math Numbers Medicine Compliance 93

Integrity Financial Planning

FEBRUARY 3, 2023

It’s also not a bad idea to review the bank account numbers you included (some of those digits can be lengthy!). Next, let’s face it, not all of us are exceptional when it comes to math. Taxpayers should always confirm that their math is correct, as this is one of the most common mistakes made when filing. [1]

Taxes 82

Taxes Math Accounting Medical 82

Discipline Funds

MARCH 6, 2024

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 111

Banking Government Economy Assets 111

Nerd's Eye View

FEBRUARY 21, 2023

What's unique about Danqin, though, is how she planned and executed a very intentional career path in the financial services industry that involved her leaving her homeland China, embracing a new language and culture in the United States while achieving her Master’s degree in Financial Planning, and proactively creating opportunities for herself (..)

Financial Advisor 130

Financial Advisor CFP Financial Planner Education 130

Clever Girl Finance

MARCH 18, 2023

In this digital age of banking, writing checks and balancing a checkbook may seem like a thing of the past. Balancing a checkbook is simply making sure all of your bank account transactions match up to the transactions you've recorded in your checkbook. We all know that banks make errors too! Do you need to balance a checkbook?

Banking 91

Banking Accounting Math Numbers 91

Cornerstone Financial Advisory

JANUARY 8, 2024

Math errors: Simple addition and subtraction mistakes can delay your return. Consider using electronic filing software that does the math automatically to avoid mistakes. Incorrect bank account information: If you opt to receive your refund via direct deposit, provide the correct bank account information.

Marketing 84

Marketing Marketing Taxes Economics 84

Mish Talk

NOVEMBER 19, 2022

Meet Queen Caroline Forbes wrote an interesting article ‘Queen Caroline’: The ‘Fake Charity Nerd Girl’ Behind The FTX Collapse Alameda Research CEO Caroline Ellison is a math whiz who loves Harry Potter, fringe political philosophy and taking big risks. She is also one of the supporting players in Sam Bankman-Fried's FTX catastrophe.

License 227

License Assets Accounting Math 227

Nationwide Financial

SEPTEMBER 12, 2022

The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. The Bank of England postponed its meeting where a rate hike was expected following the death of Queen Elizabeth.

Retail 52

Retail Math Banking Economics 52

Darrow Wealth Management

MAY 22, 2023

But before proclaiming cash is king and parking your money in an FDIC insured bank account, consider your time frame and how you plan to use the money. It’s the reference interest rate for overnight borrowing between financial institutions like banks. Hold cash or invest? Compare that to the stated yield of 5.6% 467% a month.

Investing 90

Investing Investments Accounting Wealth Management 90

Random Roger's Retirement Planning

NOVEMBER 19, 2023

Part of the math that determines options premiums is the risk free rate of return from T-bills. Being 90, healthy, able to do whatever you want sounds pretty good and so you might as well have a little in the bank when you get to that point. Covered call funds have many favorable attributes. the Treasury Bonds are paying 5.5%

Retirement 68

Retirement Accounting Math Healthcare 68

Random Roger's Retirement Planning

MARCH 20, 2023

That I could be out in front of a bankruptcy is not a bet I would want to make in the context of owning an ETN for whatever exposure and also knowing the bank well enough to know it was going to fail. To quote Mark Yusko, risk happens fast. CS stock has been in a verrrrrrrry long trend downward, it has been in trouble for a long time.

Assets 59

Assets Portfolio Math Management 59

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 195

Banking Government Insurance Taxes 195

Investing Caffeine

FEBRUARY 1, 2022

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. Source: Calafia Beach Pundit. This notion rings especially true when it comes to finance and investing.

Math 52

Math Assets Investing Investments 52

The Big Picture

FEBRUARY 2, 2023

emphasis added) The red flags were there for anyone who could put their greed aside and simply focus on the math. Which institutions, banks, VCs have you presented this? In the 2010s, the true risk-free rate of returns – 10-Year Treasuries – was yielding ~2.5%, so how could anything remotely risk-free be yielding 20 times that amount?

Math 62

Math Investing Investments Sales 62

The Big Picture

JANUARY 9, 2024

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? I mean, I, I liked, I, I like learned a lot from that job and it’s like really helped me do what I do today because it really touched on a lot of elements of the bank.

Retail 130

Retail Banking Math Management 130

Random Roger's Retirement Planning

JULY 9, 2023

Generally speaking, pensions are less viable than they used to be, the math doesn't work as well. Where 401ks are cheaper for employers than pensions, an investment bank advising companies to do this argues that yes, the IBs could see the potential benefit for mutual fund companies. Is he right? Is he wrong? If correct, that argues no.

Retirement 46

Retirement Math Management Taxes 46

Clever Girl Finance

JANUARY 22, 2024

That’s $3,365 per year when you do the math! To prevent you from spending that extra cash, get a cute piggy bank, container, or money envelope that makes putting the money in easy but taking it out hard. A Christmas Club Savings account is offered by certain banks to help you save money for Christmas.

Accounting 65

Accounting Budgeting Banking Planning 65

Clever Girl Finance

AUGUST 14, 2022

It also gives you the math formula to find the information you need if you prefer. You don't need much information beyond the interest rate and the amount of time to get an answer, and it has the math formula available, also. You'll be able to easily see all your money in one place using your regular bank. Omni calculator.

Budgeting 98

Budgeting Accounting Medical Math 98

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. RITHOLTZ: So it’s different math then I need 100x winner versus 99? RITHOLTZ: Oh, really?

Investing 257

Investing Investments Numbers Banking 257

Gen Y Planning

AUGUST 1, 2022

Before bringing banks and loans into the mix, you must know how much your dream home will cost. Most banks offer a draw period of 10 years—though hopefully, your home reno timeline doesn’t take that long, even with expected construction delays! That requires a little more math (or a HELOC calculator , whichever you prefer).

Planning 52

Planning Numbers Banking Math 52

Clever Girl Finance

MARCH 6, 2023

Work as a grocery store cashier You could be a grocery store cashier if you're good with math and don't mind scanning coupons and small talk. Open a bank account When you get your first paycheck, it might be tempting to cash it and spend. However, a smarter notion would be to put it in your bank account.

Media 86

Media Accounting Banking Food 86

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 141

Recruitment Engineering Investing Investments 141

The Big Picture

SEPTEMBER 7, 2022

What is your process like to prepare for — I don’t know if we still use the phrase beauty contest, but that was the old investment banking phrase. Is it the investment bank? MARTIN: You’re working with the banks who are underwriting the deal, the mother and father of the bride. Is it management of the company?

Communication 294

Communication Engineering Marketing Marketing 294

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

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130

Math Management Insurance Assets 130

Clever Girl Finance

OCTOBER 4, 2022

Any workplace has to have a cleaner- a bank, office spaces, classrooms, hotels, and lobbies. If you’re good with math, then turning to financial planning or accounting or opening up a similar company could be one of the best recession proof businesses to start! Usually, these services are outsourced to a cleaning company.

Food 104

Food Economy Healthcare Economics 104

Aleph

NOVEMBER 1, 2022

I received an email from a lady working at a major investment bank, asking me where she could find independent commentary regarding stable value funds, because most of the commentary is produced by the stable value fund managers themselves. Why am I Writing This? Typically only insiders understand them. Let’s define terms first.

Insurance 59

Insurance Assets Management Math 59

The Big Picture

MAY 30, 2023

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. RITHOLTZ: Were there banks in your neighborhood or were you an unbanked … BRYANT: Well, I mean, it was so few you knew where they were, put it that way, right? Oh, of a bank account.

Banking 141

Banking Economics Economy Business Planning 141

The Irrelevant Investor

MARCH 10, 2017

The math on this one, wow. Here are a few of the companies whose stocks declined in 1999: Berkshire Hathaway (-20%), Kellogg (-10%), Coca-Cola (-13%), Ford (-9%), Bank of America (-17%), Hershey (-24%). billion, while United and Continental Airlines ($7.1 billion sales, $469 million earnings) are worth a combined $7.3 billion. (265%),

Valuation 52

Valuation Sales Math Transportation 52

The Big Picture

MAY 9, 2023

Investment banks were not really a known concept in the area where I grew up. I lined up a bunch of job interviews with a variety of banks. So I got to know banks a little bit. So I interviewed with a bunch of banks, got a number of job offers by the end of the week, and joined Goldman Sachs in October 1998.

Assets 286

Assets Clients Investing Investments 286

Clever Girl Finance

JUNE 21, 2023

So if you can still rock simple math, you’re great at English or history, or you know a foreign language, then consider becoming an online tutor. Get answers for what you need to open a business bank account !) You can start answering surveys by making an account with User Interviews , Survey Junkie , or Dscout. A savings goal?

Food 52

Food Retail Accounting Clients 52

Brown Advisory

JANUARY 17, 2024

We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. 12 At Intuit’s Investor Day in September last year, management highlighted the maths within their QuickBooks SME accounting software franchise, whereby any improvement in the success rates (i.e. 13 It’s a win-win.

Investing 52

Investing Investments Portfolio Compliance 52

Brown Advisory

MAY 3, 2018

MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. The London Interbank Offered Rate (LIBOR) is the interest rate at which banks offer to lend funds to one another in the interbank market. It often reflects how much it costs for banks to borrow from one another.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

MAY 3, 2018

Simple math dictates that when yields rise, fixed-rate bond prices fall. The London Interbank Offered Rate (LIBOR) is the interest rate at which banks offer to lend funds to one another in the interbank market. It often reflects how much it costs for banks to borrow from one another. MUNICIPALS AND RISING RATES.

Taxes 52

Taxes Portfolio Valuation Clients 52

Mr. Money Mustache

MAY 20, 2022

It’s fun math – a 20% drop in prices means you get 25% more shares for your dollar, and a 50% drop means twice as many , or 100% more shares per dollar invested.). So let’s cover each point properly, so you can be excited about all this as I am. 1) Why is this healthy again?

Marketing 55

Marketing Marketing Retirement Investing 55