Remove Economics Remove Ethics Remove Food Remove Math
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Transcript: Ramit Sethi

The Big Picture

That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. It’s not food. People smile because they go, wow, they never thought of it, most people when it comes to food. It’s much deeper than math. Do it my way.

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Transcript: Ilana Weinstein

The Big Picture

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. You mentioned superstars before.

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31 Passive Income Ideas to Build Real Wealth (Updated for 2023)

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Transcript: Dave Nadig

The Big Picture

So as much as I’m personally still a pretty strong skeptic of active management, I mean, I understand the math, and the odds are not in your favor. I read all those academic papers, I understand where the math comes from. It’s how math works. There’s no economic incentive for anybody to change any of that.