The Big Picture

DECEMBER 6, 2022

when I first moved from Spain, and I learned a lot because I spent a lot of time with financial advisors, which, as you know, is a key segment of our client base today. phenomenon, it’s a global phenomenon and we want to be able to service our clients in all regions of the world. Is that the clients you’re aiming for?

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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. If bond yields climb significantly to the point where returns are more competitive with stocks, I will likely be buying significantly more bonds for me and my Sidoxia ( www.sidoxia.com ) clients.

Math 52

Math Assets Investments Investing 52

The Big Picture

JULY 19, 2022

So, the Portfolio Solutions Group advises mainly institutional clients on all kinds of challenges that they have and thinking about the expected returns, portfolio construction, risk management, et cetera. ILMANEN: It’s always good to think of starting yields and valuation sort of two sides of the same coin. ILMANEN: Yes.

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Investments Investing Valuation Portfolio 130

Brown Advisory

MAY 3, 2018

It's All Relative ajackson Thu, 05/03/2018 - 15:32 We are hearing a lot of questions from our clients about how rising interest rates may affect their municipal bond holdings. MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall.

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Portfolio Taxes Valuation Clients 52

Brown Advisory

MAY 3, 2018

We are hearing a lot of questions from our clients about how rising interest rates may affect their municipal bond holdings. Simple math dictates that when yields rise, fixed-rate bond prices fall. For one, we reduced our exposure to shorter-duration fixed-rate municipals, as their valuations grew increasingly unattractive last year.

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Portfolio Taxes Valuation Clients 52

Brown Advisory

JUNE 16, 2022

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. By this valuation method, the portfolio cashflow duration is in the 16 to 17-years range. Maths has a long half-life and a DCF correctly done accounts for inflation.

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Investing Investments Accounting Valuation 52

Clever Girl Finance

AUGUST 10, 2022

First, figure out which age range or topic you want to teach (for example, math, flute, or biology). Once you've got a few clients on board, design a delivery route to make the most of your time and energy. You can either seek students in your local area or join an online tutoring platform to teach people from further afield.

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Advertising Medical Media Math 91

Brown Advisory

JANUARY 17, 2024

We are in the rejection business and the statistics are stark as to how we should be very careful whenever investing our clients’ hard-earned dollars. We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. nor on valuation and IRR in order to avoid type 1 errors of inclusion.

Investing 52

Investing Investments Portfolio Accounting 52

The Big Picture

SEPTEMBER 19, 2022

So along those lines, there are some venture firms that don’t really seem to care a lot about valuations and others seem to focus on 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? How do you fall in that spectrum?

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Valuation Investments Investing Food 305

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. SALISBURY: At the simplest level we manage money for our clients. Three main client segments.

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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. So I would say the challenge of having those roles is that our institutional clients are much shorter term.

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Valuation Clients Investments Investing 162

The Big Picture

AUGUST 29, 2023

So I was a mile deep on a subject matter of bond indexing, but now I had the opportunity to lead an equity indexing group, the entire fixed income team, our investment strategy team that does research for our clients around portfolio construction, those types of things. It’s client related, it’s media like we’re doing today.

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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.

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Assets Management Portfolio Marketing 173

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. And one of the common conversations is, I have a client, he’s got millions of dollars invested. So 00:32:59 [Speaker Changed] Let’s talk about that.

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Investments Investing Management Retirement 147

The Big Picture

JUNE 18, 2024

I, I somehow found myself invited to a MSN client retreat that Joanne was running. I got the sense that, so Churnin takes 51% for a fairly modest valuation, 10 or $15 million. That, that gives Barstool a half a billion dollar valuation. 00:40:26 [Speaker Changed] They, they know, they know math, they know math.

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Media Food Advertising Investing 147

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.

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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? 00:02:16 [Speaker Changed] Me too.

Numbers 147

Numbers Banking Investments Investing 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. Where clients are saying, why did you lose me all that money? It was the kind who thought it’s cool that 1, 2, 3, 4, 5, 6, 7, 8, 9 times eight is roughly 9, 8, 7, 6, 5, 4, 3, 2, 1.

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The Big Picture

FEBRUARY 13, 2023

Much of how BlackRock evolved is, you know, trying to be pressured about what is the next evolution of what clients are looking for. You know, and I think there’s something that’s really important about, you know, we run our franchise around; A, what is the client looking; or B, the risk system. RIEDER: A 100 percent.

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The Big Picture

MARCH 12, 2024

So let’s talk a little bit about who the clients are for Amherst. Te tell us who your clients are and, and what, what they wanna invest in. And I was always good at math and, and I had been writing code since I was in the sixth grade. So that’s the, that’s the single family rental platform we built.

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Banking Marketing Marketing Investments 147

The Big Picture

APRIL 8, 2025

I knew that I wanted to work with clients. And, you know, she had kind of gone to bat very controversially asking the bank to protect clients on, on some of the products that had gone bad. All the clients were getting proprietary Sanford Bernstein asset Management product. So I took the plunge, I quit.

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Asset Allocation Wealth Management Clients Assets 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 then, you know, from talking to clients, we get ideas around should you have a regime indicator? What was the career plan?

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

MARCH 21, 2023

But when you’ve gone through two-year periods like the tech bubble, and three-year periods like ‘18 through ‘20, I think myself, my family and some of my clients might take issue with the word consistently. But plenty of valuation measures, it has no applicability for price-to-sales. It can apply to earnings. RITHOLTZ: Right.

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Valuation Investments Investing Numbers 173

The Big Picture

JANUARY 7, 2025

When I speak to my private equity clients today, I use it all the time when it comes to understanding how markets are gonna affect different types of investors. I knew I could do that effectively and I could do that for a handful of clients. So number of the clients we have are pure play regional focused. I use that day to day.

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Valuation Engineering Numbers Marketing 130

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.

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The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. And they’d say, well, who are your clients? And by the way, at that point, that client was at $13 billion. You have nothing whatsoever to do with how they market it, who the clients are, how they run it. Can’t.

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Portfolio Management Marketing 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: He was the first (inaudible) in round B at the higher valuation. Is it about the valuation? Back then I was Wallstrip was like a 400K valuation. RITHOLTZ: Valuation didn’t make much of a difference.

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Media Investments Investing Valuation 290

The Big Picture

JUNE 3, 2024

He really is one of the most knowledgeable people in this space, and not just knowledgeable in the abstract, but helping to oversee just about a hundred billion dollars in client assets. 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.

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