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Skills Needed: Capital to invest, basic credit knowledge, risktolerance. Skills Needed: Capital to invest, high-risktolerance, basic understanding of cryptocurrency trends. Skills Needed: Capital to invest, high-risktolerance, basic understanding of stocks and options trading. Difficulty Level: Low.
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?
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 risktolerance. So he was President of the university for 35 years, very present — very, very present.
If the math suggests buying additional shares is the best bet, it may seem like a no-brainer to do so. My sense is today’s exercise might be appropriate for those who are optimistic about their company stock; can afford the cash flow to purchase more shares; and are willing and able to assume additional concentrated investment risk.
But of course, Jack Bogle was still sort of around his present on campus. So he was very present on campus in my earliest years at Vanguard, but I did not work with him directly. Karin Risi : ] Yes, yes. And you’re right, a serious individual. Yes, Jack was leading the firm by the time I got there in 97.
Quick math: If you have $1.828 million in the bank. And , you have to do the math by hand. Now, quick math, if you have 128 million in the bank in your Christmas or Hannukah Club, and the bank is going to credit you 5% on your money 0:18:18.4 There is an admin charge of about $49k. There is an insurance charge of about $246k.
So these big brokerage firms get together and they set up a convention like, like plumbers, and they all give out tchotchkes and they have a, and then they give presentations in their businesses. And when I give this presentation in Europe or the, or the e the EU or the uk, they look at me like, you’re crazy.
SUNSTEIN: Okay, so one bias is present bias, where today really matters, and the future is a foreign country called later land, and we’re not sure we’re ever going to visit. And that actually has roots in the brain, present bias. Talk about present bias. Maybe they do, maybe they don’t. Thank goodness for that.
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