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SETHI: Well, everybody thought they were a genius including me in 1999, 2000. 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. It’s much deeper than math. How do you lose half of your money that quickly? RITHOLTZ: Sure.
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.
I’d been ranked i i back in the seventies, if you can do the math. And like you mentioned, the smooth sailing in the 2000 tens 00:15:07 [Speaker Changed] Didn’t feel that way at the time. Tell us a little bit about the plan for launching an independent economics research 00:09:15 [Speaker Changed] Shop.
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.
RITHOLTZ: So wait, you’re, I’m trying to do the math, if you were 24 in ‘08, so you got this watch in 2000, 99? But there were a lot of other purveyors of watches that really were not super, super ethical folks. He gave me his Omega Speedmaster, which is a really nice watch. CLYMER: Yes, around there, I would say.
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