Remove Ethics Remove Math Remove Numbers
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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. And they do that for 35 years tweaking numbers I go you won, you won the game. In fact, here’s the phone number you call, and you will get your $37 fee waived.

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Transcript: Luis Berruga, Global X ETFs

The Big Picture

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I was employee number 10. RITHOLTZ: Which is really a pretty big number.

Clients 162
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Transcript: Matt Levine

The Big Picture

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. You were saying that you had a code of ethics, but then your CEO was sexually harassing people.

Banking 130
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Transcript: Antti Ilmanen

The Big Picture

And so, I write about it both — I do know, the simple maths about it how you can double shop ratios for uncorrelated strategies and then remind that it’s really difficult to find for uncorrelated strategies in long-only world. Don’t sacrifice your ethics, that integrity matters. RITHOLTZ: Right. That makes a lot of sense.

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Global Leaders Investment Letter: June 2022

Brown Advisory

We remain highly dubious of price-to-earnings ratios as a proxy for value given earnings can be distorted by “creative” accounting and the measure embeds a range of factors into a single number. Maths has a long half-life and a DCF correctly done accounts for inflation. We inherently prefer actual cash flow.

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

Good Financial Cents

The term “turnkey” means the numbers have been crunched, the home may have been rehabbed, and may already include tenants! The math when paying down debt is simple – if your loan is currently at 7% and you refinance at 3%, that’s equivalent to a 4% return on your money! All you, as the investor, have to do is put up the cash.

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2018 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man. That can work for a while and sometimes climbs to extraordinary numbers, but it comes to a bad ending. It was tried before with tulip bulbs.

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