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If he had a pilot’s license, we’d suspend that. Subscribe now Share The Better Letter Get more from Bob Seawright in the Substack app Available for iOS and Android Get the app TRIGGER WARNING: I’m going to do some sports math nerding-out this week. Since 2000, it’s 17 of 23 (74 percent).
BRYANT: So money, unlike math, money is highly emotional. And so I remember Quincy told me, if you think you’re in the music business, and you don’t own music rights, publishing rights, licensing rights. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there.
00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. We were one of the last to get what’s called a value added license to the compus stat database.
KLINSKY: That was a super hot theme in the year 1999 and 2000. RITHOLTZ: — and having the guy — the attendant asked me, do you have an even number or odd number license plate? RITHOLTZ: My answer was, I’m 11, I don’t have a license plate, just give the kid a gallon of gas. KLINSKY: Right. KLINSKY: Yeah.
And I, and I really like the application of math and statistics and computer science to markets. Would you license these models to me? You learn the math that can help you with, with market making operations. And I think that helped fuel the smart beta boom of the 2000 tens. And I just caught the bug. Oh yeah, for sure.
SUNSTEIN: So back in 2000, I agreed to write a book for Princeton University Press called “Republic.com.” And then people will feel licensed to say what they had shut up about. It’s a power law, this is very slightly technical for yours truly, the English major, not technical for you, the math guy.
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