The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is.

Investing 130

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The Big Picture

SEPTEMBER 12, 2022

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: … obviously, the United States, the global economy. RITHOLTZ: Whereas the — and the market when — essentially didn’t get above 2000 to like 2013 or so.

Clients 296

Clients Wealth Management Banking Investing 296

Mr. Money Mustache

MAY 20, 2022

And just to amplify everything even further, China has launched a batshit crazy (and medically impossible) “zero covid” policy, locking down hundreds of millions of its own people who can no longer produce or export the things that the rest of the world’s economy had grown to rely upon.

Marketing 53

Marketing Marketing Retirement Investing 53

The Big Picture

SEPTEMBER 10, 2024

And then I developed this macro affinity starting in 2000, really? I mean, if you take out the government spending, you probably are on a recession in a private economy. And that’s your focus on government, both fiscal and monetary support for the economy. So that’s the math. 2009, 10 in that role.

Valuation 159

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The Big Picture

AUGUST 29, 2023

When you look at the 82 to 2000 bull market, something like 75% of those gains came not from earnings growth, but from multiple expansion. Yes, the economy can clearly keep roaring along, which we’ve seen. They’re definitely trying to slow the economy down. RITHOLTZ: Right. The 2010s were certainly the TINA decade.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

NOVEMBER 19, 2024

Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. And there was people, Physics didn’t have, people, psychology didn’t have math, economics was kind of the right mix. The math doesn’t math. Until the March, 2000 top. That was too abstract.

Economics 146

Economics Math Numbers Marketing 146

The Big Picture

JANUARY 24, 2023

KLINSKY: That was a super hot theme in the year 1999 and 2000. So I mean, in ’07 and ’08, you know, what killed the economy in ’07 and ‘08 were mortgages going down. RITHOLTZ: So it’s different math then I need 100x winner versus 99? After I left, they changed their strategy and went into what were called CLECs.

Investing 262

Investing Investments Numbers Banking 262

The Big Picture

APRIL 8, 2024

I’d been ranked i i back in the seventies, if you can do the math. Your real business is having the best perspective of what is happening this moment in the economy. And like you mentioned, the smooth sailing in the 2000 tens 00:15:07 [Speaker Changed] Didn’t feel that way at the time. Your side hustle.

Economy 146

Economy Clients Banking Economics 146

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

MARCH 12, 2024

And that’s, that’s the predecessor to Amherst, which we bought in 2000 and had been running it since then. So think about 2003 home prices had gone up a lot from 2000. So mortgage position in 2000 were way more valuable in 2003 than they were when they originated because they weigh less credit risk. Anything else?

Banking 146

Banking Investing Investments Marketing 146

The Big Picture

NOVEMBER 21, 2023

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. 1999, 2000, the internet was blowing up. The SNL crisis Tiger Chase had started, you know, in the wake of the internet melding down in 2000. You know, all of these things.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

JULY 15, 2024

If you are at all interested in fixed income, how you assess bonds, how you evaluate the economy, the market, what the fed’s gonna do, what clients want, how to assess risk in credit markets, well then you are gonna really enjoy this conversation. That’s where the economy was at that point. But those guys are great, right?

Portfolio 146

Portfolio Banking Management Portfolio Management 146

The Big Picture

APRIL 2, 2024

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. But when I got to Cambridge, you know, the math was sort of serious there. So, you know, I took my math into statistics and things. Am I getting right?

Healthcare 146

Healthcare Medicine Economics Numbers 146

The Big Picture

NOVEMBER 15, 2022

NADIG: And trying to help people understand what that means for next week, and the next year, and the next decade, to position products underneath it, like ETFs in 1992, or model portfolios in 2000, or direct indexing in 2010. I read all those academic papers, I understand where the math comes from. It’s how math works.

Management 276

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The Big Picture

MAY 16, 2023

In 2000, I mean, sorry, in 1980, I was 15 years old, I’m sneaking into comedy clubs watching, you know, Jim Carrey and Dave Thomas and, you know, like everybody could show up on a night. I mean, a lot of the best trades that Cramer did as a hedge fund manager, you know, tapping out before everything went to hell in 2000.

Media 287

Media Investing Investments Valuation 287

The Big Picture

SEPTEMBER 26, 2022

I think if you fast forward 10 or 20 years, it’s more — as I said earlier, more optimistic view of America that will have a more inclusive innovation economy, won’t just be a few people in a few places. The math never seems to work out. So let’s circle back to 2000, the Time Warner-AOL deal goes through.

Startup 170

Startup Investing Investments Numbers 170

The Big Picture

OCTOBER 31, 2022

So this is after March of 2000, his famous op-ed “Big-Cap Tech Stocks are a Sucker’s Bet.”. In every recession, except one and that was the tech bust of 2000, the drawdown of REITs was greater than the S&P 500. Then 25 years after that, in 2000, well, we all know dot-com burst and then bust. You have to apply.

Numbers 146

Numbers Investing Investments Marketing 146

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. When he came to power in year 2000, he wasn’t powerful like he is today. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive. They said, seven years.

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The Big Picture

NOVEMBER 12, 2024

You know, anything you dug into was a story that would tell you something about power and the trajectory of, of the Chinese economy. I love the Washington Post, but I thought, well, I better do this sleepy story, the national economy. I keep reading that, you know, consumer spending is more than two thirds of, of the American economy.

Manufacturing 246

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The Big Picture

AUGUST 22, 2023

SUNSTEIN: So back in 2000, I agreed to write a book for Princeton University Press called “Republic.com.” So if you think the economy’s going to go sour and then you learn that’s not true, you might well be extremely credulous, meaning willing to believe the happy thing, even though it’s disconfirming of your belief.

Economics 245

Economics Media Government Numbers 245