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. You really like the long time where you have to hold to make up that valuation whole is so long that you just really shouldn’t be involved. In 2000, right.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

SEPTEMBER 3, 2024

00:10:34 [Speaker Changed] And, and I don’t recall if this was on the podcast with John Mack or in John Mack’s book, but he had nothing but really nice things to say about Mitsubishi. But there’s always gotta be some element of the valuation really being compelling.

Investing 147

Investing Investments Valuation Management 147

The Big Picture

NOVEMBER 21, 2023

You would have to go find the periodicals, you would have to find the books, you would have to read ’em yourself. Thank goodness for books like the inv Innovator’s dilemma. It was about $170 million valuation. So here’s the math, Barry. But you would have to drive there. 00:33:48 [Speaker Changed] 17%.

Investing 246

Investing Investments Startup Accounting 246

Clever Girl Finance

AUGUST 10, 2022

You could list your parking space on a platform like JustPark , where people can search and book spaces for their vehicles. You can list your storage space on platforms like Neighbor , where people in need of storage can find and book your space. Rent out your storage space. Rent out your spare room. Sell your car.

Advertising 90

Advertising Medical Media Math 90

Brown Advisory

JUNE 16, 2022

Download it here > Freezing Order We recently read Bill Browder’s Freezing Order which is a continuation of his pursuit for justice from the bestselling book Red Notice 1. We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2.

Investing 52

Investing Investments Accounting Valuation 52

Clever Girl Finance

SEPTEMBER 15, 2022

Kelley Blue Book , the foremost vehicle valuation site, provides a car condition quiz that you can take to determine where your vehicle falls. The good thing is that you don’t have to worry about the math. You can start by considering the top vehicles with the best resale value listed by Kelley Blue Book.

Transportation 52

Transportation Budgeting Math Assets 52

The Big Picture

DECEMBER 6, 2022

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. Let’s talk about books. So I’ve always found myself going back to that book.

Clients 162

Clients Investing Investments Management 162

The Big Picture

AUGUST 15, 2023

He kind of wrote about that in his book and people look at that and say, “Oh, I can replicate that.” And I made the letter, I actually put the letter in my first book to describe how you get somebody’s attention. What’s the valuation? What makes sense? SEIDES: I didn’t have his email.

Management 130

Management Investing Investments Government 130

Brown Advisory

JANUARY 17, 2024

One of our informal measures of a good book is how many pages are dog-eared (corners are turned over) for the return reading. During 2023, one of our most beaten-up books was ‘What I Learned About Investing from Darwin’.2 We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why.

Investing 52

Investing Investments Portfolio Accounting 52

The Big Picture

SEPTEMBER 19, 2022

There’s a strong relationship between some of the ideas in the book and some of the ideas that inform our investing. RITHOLTZ: We’ll circle back to the book in a little bit. Is valuation significant, or is it, hey, we’re going to make 100 investments and if two or three workout, the valuations are irrelevant?

Valuation 305

Valuation Investing Investments Food 305

The Big Picture

JULY 1, 2025

I took a lot of math classes. I couldn’t give up math in computer science. So of course, what the Fed will do impacts markets, impacts valuations, impacts interest rates. But I think the emphasis is uncautious and we felt comfortable holding the risk that we had in the book. But for me, this was not an option.

Investing 147

Investing Investments Consulting Insurance 147

The Big Picture

FEBRUARY 17, 2025

And I did a lot of options math, which I thought was interesting. That is not being reflected in valuations from a top down standpoint. One is, if you think about EM, equity valuations versus the s and p, the EM index is trading at, you know, 10 to 11 times forward pe. You can get growth at extremely compelling valuations.

Investing 147

Investing Investments Economics Marketing 147

The Big Picture

JANUARY 21, 2025

But the numbers you can’t argue with, I mean, we all know that the brutal math of investing before costs investors collectively will earn the market return after costs. Two, I got my first Wall Street bonus three, I sold another book, which meant I got a big advance. Tell us about some of your favorite books.

Investing 147

Investing Investments Management Retirement 147

The Big Picture

SEPTEMBER 10, 2024

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. That’s the big five in my book. Second part of our framework is valuation fundamental work.

Valuation 162

Valuation Clients Investing Investments 162

The Big Picture

JUNE 18, 2024

She has a, a fascinating career, and the new book is really interesting that basically teaches people to, you know, take control of their own careers, develop a vision and a plan, and then execute it. So I know in the book, you write about wanting to come to New York City and being like, gee, this is a little intimidating.

Media 147

Media Food Advertising Sales 147

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments.

Assets 173

Assets Management Portfolio Taxes 173

The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. Let’s talk about books. I didn’t know what any of these terms meant. But there are a couple.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

AUGUST 29, 2023

DAVIS: Where international equities, because of valuations, probably 7% to 7.5%. RITHOLTZ: So let’s talk about that, because that gap in valuation has persisted for a long time. How durable is that shift, given how large that gap has gotten in valuation between US stocks and the rest of the developed world?

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

SEPTEMBER 26, 2022

And his new book, “Rise of the Rest,” describes that experience. And I read a book by Alvin Toffler, the futurist, called The Third Wave, and he basically was talking about this coming kind of electronic frontier or electronic cottage. And I think the reason to write the book because I wanted to tell those stories.

Startup 173

Startup Investing Investments Numbers 173

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. Then the volatility and, and the valuation makes an enormous difference.

Investments 130

Investments Investing Clients Numbers 130

The Big Picture

OCTOBER 21, 2024

I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. You know, I, it always, I I see different numbers all the time, so it’s always kinda like, who’s math if you will? Let’s talk about some books.

Numbers 147

Numbers Banking Investing Investments 147

The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. 00:44:11 [Speaker Changed] Kathy would may have her own valuation, so, but I can’t replicate it myself. Why is there such a spread between US domestic and overseas companies in terms of you’re a value investor in terms of straight up valuation? Let, let’s talk about books.

Management 264

Management Investing Investments Retail 264

The Big Picture

MAY 6, 2025

Sander Gerber : Well, actually I was good at math. And a deal code is just a numerical moniker that we put on each trading idea within the book. Because if you don’t include every single data point, then in the matrix math you have a divide by zero issue. 00:49:30 [Speaker Changed] You mentioned books earlier.

Risk Management 147

Risk Management Banking Portfolio Distribution 147

The Big Picture

FEBRUARY 13, 2023

Now, we’re shifting to more international places like China, Europe, et cetera, that are really growing, and that valuations are cheaper. There’s number of books. It was one of the most famous books in education for a long time. How are we doing in literacy versus math versus science? Where are we?

Economy 147

Economy Numbers Marketing Marketing 147

The Big Picture

MARCH 12, 2024

So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss. But I recently was given a book, and I read it, it’s a companion of essays called A City is Not a Tree. And I was always good at math and, and I had been writing code since I was in the sixth grade.

Banking 147

Banking Marketing Marketing Investing 147

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. And one of the worst performing factors has been valuation. And I think that’s wrong because valuation does matter.

Numbers 147

Numbers Banking Management Marketing 147

The Big Picture

APRIL 8, 2025

I, like I said, I think the history books are going to be quite kind to Mr. Gorman. 00:31:40 [Speaker Changed] So there’s the emotions and then there’s the math, right? But we think that that valuations are there. 01:04:11 [Speaker Changed] Let’s talk about books. In a very short period of time.

Asset Allocation 147

Asset Allocation Wealth Management Clients Assets 147

The Big Picture

MARCH 21, 2023

Around 1990, value says in the original metrics, and I think they’ve advanced since then, price-to-book was the famous one Fama and French use. ASNESS: — which would go into book value and make a firm look not as expensive. But plenty of valuation measures, it has no applicability for price-to-sales. RITHOLTZ: Right.

Valuation 173

Valuation Investing Investments Numbers 173

The Big Picture

JANUARY 7, 2025

00:24:49 [Speaker Changed] So let’s talk a little bit about valuation in the public markets. We see a lot of companies trading at book value. Does that valuation difference in the public markets extend to private markets as well? Does that valuation difference in the public markets extend to private markets as well?

Valuation 130

Valuation Engineering Numbers Marketing 130

The Big Picture

DECEMBER 1, 2024

My Sunday morning look at incompetency, corruption and policy failures: • There’s a real math problem with MicroStrategy’s obscene valuation premium : MicroStrategy is worth around 3x as much as its bitcoin holdings. His new book is “ Tribal: How the Cultural Instincts That Divide Us Can Help Bring Us Together.”

Math 130

Math Government Valuation Communication 130

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. In fact, I once found a very similar quote in a, in an investment book from the 1980s.

Portfolio 147

Portfolio Management Assets Marketing 147

The Big Picture

MAY 16, 2023

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. RITHOLTZ: Read Sebastian Mallaby’s book on, on “The Power Law: Venture Capital” million dollar deals were literally done on a handshake. The books are pretty easy to do Quicken. Is it about the valuation?

Media 290

Media Investing Investments Valuation 290

The Big Picture

OCTOBER 31, 2022

It’s sold ungodly numbers of copies, and is on everybody’s best finance books of all-time list. I’ve been as busy, because finishing, as we’re going to talk about, sixth edition of the book and conferences more than ever because now you can do them on Zoom. And they have some fascinating things to say.

Numbers 147

Numbers Investing Investments Marketing 147

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 147

Math Marketing Marketing Engineering 147