The Big Picture

MAY 9, 2023

And my dad had always said, as many young kids get this advice, doctor, lawyer, accountant, engineer. 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.

Assets 299

Assets Clients Investing Investments 299

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. So any compliance people listening, I’m just spitballing here. Sarah Livesey is my audio engineer.

Assets 173

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. It was just a struggle from day one, particularly in the regulatory environment that is the securities business between lawyers and compliance people.

Investing 147

Investing Investments Management Retirement 147

The Better Letter

JUNE 23, 2022

Make Fewer Decisions It’s simple math. ” We should create automated decision engines and implement them whenever and wherever possible. Our tendency is to enforce compliance with “the list” rather than solve problems. I’m not talking about procrastination, although doing so often helps.

Numbers 52

Numbers Accounting Insurance Math 52

The Big Picture

SEPTEMBER 10, 2024

So that’s the math. You have to get compliance. John Wasserman is my audio engineer. So when the fed starts cutting, multiples usually go down and there’s just not enough earnings growth to offset a 10 to 15% multiple contraction between here and the end of the year. But it was such an easy application.

Valuation 162

Valuation Clients Investing Investments 162

The Big Picture

JANUARY 24, 2023

They believed in building businesses and far less focused on financial engineering. The key is to build — think of private equity as a business that builds businesses, and make that business engine stronger and stronger. RITHOLTZ: So it’s different math then I need 100x winner versus 99? KLINSKY: Yeah.

Investing 263

Investing Investments Numbers Banking 263

The Big Picture

JULY 29, 2024

00:10:47 [Speaker Changed] So in the additive services that Orion offers now are financial planning, compliance, CRM services, risk and analysis portfolio construction and advisor portal and investor portal. And if you can engineer around a person, you can penetrate almost anything. John Wasserman is my audio engineer.

Clients 147

Clients Portfolio Financial Advisor Investing 147

The Big Picture

FEBRUARY 13, 2023

Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? RIEDER: Well, first of all, anything I tweet goes through legal and compliance before it gets out there, first part. How are we doing in literacy versus math versus science? Justin Milner is my audio engineer.

Economy 147

Economy Numbers Marketing Marketing 147

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. 00:01:58 [Savita Subramanian] Well, I started out as an electrical engineering computer science major. 00:03:00 [Speaker Changed] I read a quote from you way back when you said your parents were pushing you to be either an engineer or a doctor. Is this true?

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

MARCH 21, 2023

I was an undergrad studying business and engineering. ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. ASNESS: Yes.

Valuation 173

Valuation Investing Investments Numbers 173

The Big Picture

NOVEMBER 25, 2024

And I taught myself to program when I was 12 and all throughout late middle school and high school, I was programming games for my Game boy and developing game engines for the computer. And I, and I really like the application of math and statistics and computer science to markets. It’s just not smart on a math basis to do that.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

MAY 16, 2023

So I was very heavy in financial services stock, which was a great lead gen engine. Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. So this is the math that I applied. So think about this, do the math. Samantha Danziger is my audio engineer.

Media 290

Media Investing Investments Valuation 290

The Big Picture

JUNE 3, 2024

Undergraduate applied mathematics, master’s degree in financial engineering, a little bit of, of teaching. So how Barry Ritholtz : Do you go from a PhD program to financial engineering masters? They ended up going back to a school in LA called Claremont, and they had a financial engineering program there. It was kidding.

Math 147

Math Marketing Marketing Engineering 147