The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. She has run a number of firms and a number of divisions at large firms and traced a career arc that’s just very unusual compared to the typical person in finance. It is something, math has always come easy to me since a child.

Math 130

Math Management Insurance Assets 130

The Big Picture

MARCH 20, 2024

Portfolio management was a lot less evidence-based than it is today. As it turns out, there are ways you can use data to your advantage, even if you’re not a math wizard. And everyone answers for, except for the person they hire, whose answer was, what number did you have in mind? What’s two plus two.

Investing 157

Investing Investments Portfolio Valuation 157

Aleph

JANUARY 14, 2023

Picture Credit: David Merkel, with an assist from the YouImagine AI image generator || Boldly flying in front of a stained glass window Portfolio Management Sick of the ups and downs of the markets? If you don’t have children while young, odds decrease that you will have children, and a higher number of them.

Math 59

Math Assets Government Engineering 59

The Big Picture

AUGUST 29, 2023

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I did an internship in the summer at Citibank Securities in fixed income sales and trading. I had a number of relationships that I built up and had another job lined up in New York City.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

DECEMBER 6, 2022

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. BERRUGA: Yeah.

Clients 157

Clients Investing Investments Management 157

The Better Letter

JANUARY 11, 2024

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. As my friend Morgan Housel has explained , “Every forecast takes a number from today and multiplies it by a story about tomorrow.”

Economy 96

Economy Economics Math Banking 96

The Big Picture

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. I was a fixed income portfolio manager and trader, which is a ton of fun. PIMCO out on the West Coast, read the first thing I wrote in the Journal of Portfolio Management. You can use this in a number of ways. Program didn’t feel right.

Valuation 167

Valuation Investing Investments Numbers 167