The Better Letter

JANUARY 11, 2024

The economy, the markets, and the world-at-large provide unlimited fodder for them. That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. ” Nobody does. And lots of surprises.

Economy 95

Economy Economics Math Banking 95

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. And it was day by day from the seat of, it was the month that the economy shut down.

Retail 130

Retail Government Economy Economics 130

The Big Picture

JUNE 20, 2023

That’s a shocking number. We looked at everything from retail to nursing homes to hospitals to insurance companies to manufacturers. I think there’s a number we have in the book, maybe $70 million or something in fees to take care of. RITHOLTZ: Really, that’s a big number. They knew the numbers.

Insurance 143

Insurance Healthcare Retail Medicine 143

The Big Picture

MARCH 12, 2024

So a lot of the headline names, you see a lot of the stories you see about, about the financial crisis, a significant number of, of those investors we were helping in security selection, modeling, and analytics. You’re actually crunching a lot of numbers. That OER number was calculable four months ago.

Banking 143

Banking Investing Investments Marketing 143

The Big Picture

APRIL 2, 2024

Really, the work he’s done on inequality came after the Nobel Prize based on a book him and his wife put out, and a number of papers. So when I was at this very fancy private school that I was at as a kid, I did math because it gave me a huge amount of free time to do the things I really cared about. Am I getting right?

Healthcare 143

Healthcare Medicine Economics Numbers 143

Good Financial Cents

APRIL 19, 2023

The term “turnkey” means the numbers have been crunched, the home may have been rehabbed, and may already include tenants! Thanks to the likes of Airbnb and others, these sharing economy services have shown us it’s not so scary! Roofstock is a marketplace of turnkey single-family homes for sale. Think about it.

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

NOVEMBER 21, 2023

My dad was first generation college, became an entrepreneur, started an auto parts manufacturing business. I would say the thing that connects them is just voracious curiosity about the world of politics and, you know, economies and trying to make sense out of it. I’m 52 years old, so it was 19, you know, early eighties.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

SEPTEMBER 26, 2022

He was instrumental in getting a number of very positive policy actions passed over the past decade. I’ve interviewed a number of people from Revolution. The math never seems to work out. He basically set up a foundation, joined The Giving Pledge, and became very active in both policy and entrepreneurship.

Startup 164

Startup Investing Investments Numbers 164

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. When a professor says, “Come in, we’ll talk about the assignment,” and you come in and say, “I’ve already crunched the number. There’s a number of them in our earnings index that are being overweighted.

Numbers 143

Numbers Investing Investments Marketing 143

Brown Advisory

AUGUST 1, 2018

That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand. It was tried before with tulip bulbs.

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending. Buffett noted that the math of the buyback would get even better if Apple’s shares went down (but not its intrinsic value), something people often misunderstand. It was tried before with tulip bulbs. 2019 Annual Shareholder Meeting.

Assets 52

Assets Investing Investments Insurance 52

The Big Picture

OCTOBER 4, 2022

I sent email to Marc Maron because he had the number one podcast. A good example of that is like you take something from a cognitive reflection testy or something — like — I’ll make it real simple so we don’t have to like do the weird math on this. It was recently number one in Vietnam. RITHOLTZ: Wow.

Numbers 295

Numbers Medicine Food Math 295