Remove Math Remove Portfolio Remove Retirement Remove Risk Tolerance
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Transcript: Linda Gibson, CEO PGIM Quantitative Solutions

The Big Picture

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130
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Transcript: Julian Salisbury, GS

The Big Picture

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. I didn’t know what any of these terms meant. And there was a problem with 168 of them at the end of 2008.

Assets 286
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What Might Happen if You Invest $100 in Bitcoin Today?

Good Financial Cents

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Transcript: Kristen Bitterly Michell

The Big Picture

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: … this isn’t a generalization, but they have a higher risk tolerance. BITTERLY MICHELL: … difficult situations for those who were retiring, right, and those ….

Clients 286
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Transcript: Dominique Mielle

The Big Picture

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. So you retire in 2018. But it’s interesting that you really can pinpoint the difference in return because there’s this sort of impatient or overzealousness in trading your portfolio. MIELLE: So there you go.

Assets 274
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Transcript: Cass Sunstein

The Big Picture

I went there because I was fearful that being a professor would be like retiring in your 20s. So the granddaddy of this in my field is when you are setting up a portfolio for an investor, “Hey, tell us about your risk tolerance. SUNSTEIN: But by tradition, it is not just a lackey. Are you aggressive?

Economics 245