The Big Picture

MARCH 23, 2024

The company’s stock has dropped nearly 13% since Friday’s $418 million settlement between the National Association of Realtors and groups of home sellers which ended the standard 6% commission for Realtors. link] • Large language models, explained with a minimum of math and jargon : Want to really understand how large language models work?

Math 187

Math Commission Insurance Government 187

The Big Picture

JUNE 23, 2025

It’s sort of like math with dollar signs attached to it. I was trying to buy treasuries and I was very frustrated by the commissions I was getting charged on that. It was about, you know, I love math statistics, all that stuff. Steve Laipply : So I had a good friend who said, Hey, I’m taking finance. I was hooked.

Portfolio 130

Portfolio Marketing Marketing Banking 130

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 203

Banking Government Insurance Taxes 203

Sara Grillo

JUNE 12, 2023

Quick math: If you have $1.828 million in the bank. And , you have to do the math by hand. To What If Analysis, what if I pay… So I’m doing my cash flow planning in my retirement plan, and I say, You know, I don’t wanna have to pay for in as a retirement. There is an admin charge of about $49k.

Insurance 59

Insurance Clients Financial Advisor Math 59

Sara Grillo

MAY 8, 2023

Policy lapse results in phantom income tax on the entire amount of the capital gain in the policy, plus there is the disappointment of having an asset you counted on (maybe to retire) go to zero. The issues lie in how IUL policies are shown to clients, in the illustrations. SARA GRILLO: Is the long… Typically, fixed or variable.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

JANUARY 24, 2023

So you sell a lot of houses and you get commission on what you sell. I will say when there were fewer firms, I was effectively — there had Ted and Nick Forstmann, Brian little had retired from the firm. RITHOLTZ: So it’s different math then I need 100x winner versus 99? You control it. You have real ownership in it.

Investing 262

Investing Investments Numbers Banking 262

The Big Picture

MARCH 17, 2025

Wasn’t the Excel spreadsheet error, which changed their math. They were talking about, you know, what can we do with a commission to try to get the deficit down by $4 trillion at least, and all this sort of stuff. My dad was in the military, so we lived all over the place. I mean that was, that was the problem.

Economy 146

Economy Taxes Budgeting Government 146

The Big Picture

APRIL 8, 2024

And so he set me off in a direction that was practical and at that point, commission business that he generated was ginormous, I’m sure. I’d been ranked i i back in the seventies, if you can do the math. 00:19:54 [Speaker Changed] So you retired if it’s not working and you move on to the next that.

Economy 146

Economy Clients Banking Economics 146

The Big Picture

JUNE 20, 2023

And so I would see how the over-the-counter desk, over-the-counter stock desk would push stocks and encourage brokers to sell them, put a lot of commission in them, to move them because some big seller was coming into the market. So corporate pensions that gave a worker a reasonable shot at a prosperous retirement. RITHOLTZ: Right.

Insurance 146

Insurance Healthcare Retail Medicine 146