Random Roger's Retirement Planning

APRIL 12, 2023

Yields were kind of low in the mid 2000's before the financial crisis which was part of the story for why I started to use liquid alternatives (that term didn't exist yet), bond substitutes and bond proxies. The above is why I've taken to referring to bonds as sources of unreliable volatility.

Portfolio 75

Portfolio Math Clients Retirement 75

Random Roger's Retirement Planning

MAY 18, 2023

A good decision about their mortgage way back when could see someone in their early 50's paying off a 15 year mortgage (taking out a 15 year being the good decision) and now has $1000 to maybe $2000 a month for additional savings. If it is going to happen, it won't be for ten years +/-, plenty of time to factor that into your math.

Retirement 75

Retirement Wealth Advisor Math Medical 75

Random Roger's Retirement Planning

DECEMBER 10, 2023

As a matter of math, it cannot repeat the run from 8.5% In the 2000's, foreign outperformed and a large allocation to foreign was very important during that time. Since it only goes back to 1988 it doesn't track from the highest interest rates from earlier in the 80's, the ten year was at 8.5% in November.

Portfolio 74

Portfolio Math Assets Retirement 74

The Better Letter

FEBRUARY 8, 2024

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. Accordingly, the last 11 NFL MVPs have all been QBs (16 of the last 17; and 21 of 24 since 2000). After all, they had Mike Phipps.

Numbers 91

Numbers Education Management Math 91

The Irrelevant Investor

MARCH 10, 2017

In a Howard Marks memo from January 2, 2000, he wrote "It is reported that the average new issue of 1999, which on average is probably about six months old, is selling roughly 160% above its issue price. The math on this one, wow. In 1999, the NASDAQ gained 86% while the Russell 2000 Value Index actually fell 1.5%.

Valuation 52

Valuation Sales Math Transportation 52

Brown Advisory

MAY 31, 2018

Notably, between 2000 and 2016, U.S.-based STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. has commanded the majority of AI activity over the past two decades.

Startup 52

Startup Math Clients Assets 52

Brown Advisory

MAY 31, 2018

Notably, between 2000 and 2016, U.S.-based STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. has commanded the majority of AI activity over the past two decades.

Startup 52

Startup Math Clients Assets 52

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. In 2000, right. But in extremis, which is the Microsoft and the Tonight 2000 example and maybe some other AI related stocks today, it really does matter.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 203

Banking Government Insurance Taxes 203

Clever Girl Finance

JANUARY 22, 2024

That’s $3,365 per year when you do the math! You might choose to save $1000, $2000, or more or less than this. Lastly, track this monthly money challenge with a spending journal for maximum results. 30-day meal planning challenge Eating out is expensive. The average amount spent eating out every day is $9.22.

Accounting 72

Accounting Budgeting Banking Planning 72

The Better Letter

DECEMBER 15, 2022

The Russell 2000 is off 21 percent. This is the best thing I read this week (it combines magic, music, mystery, and math); this is the best thing I saw. As I write this TBL, the S&P 500 is getting crushed and (using very rough numbers) is down 18 percent year-to-date. The Dow is down 8.5 The Nasdaq is down a dreadful 31 percent.

Investing 79

Investing Investments Portfolio Numbers 79

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

Investing Investments Clients Numbers 130

The Big Picture

AUGUST 20, 2024

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. The Russell 2000 has 2000 out of the roughly 3,500 stocks available publicly traded.

Assets 170

Assets Management Portfolio Taxes 170

Clever Girl Finance

AUGUST 2, 2022

Some quick math for the value of your $10,000 after a certain number of years: 10 years: $20,000. Whatever fund you select will aim to mimic the returns of a specific market index, like the S&P 500 or Russell 2000 Index. For example, if you estimate your 401(k) will earn 7% returns annually, 72 divided by 7 = 10.29.

Education 59

Education Retirement Investing Investments 59

The Big Picture

MAY 30, 2023

BRYANT: So money, unlike math, money is highly emotional. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there. I believe I love math because it doesn’t have an opinion, that’s a Melody Hobson quote. RITHOLTZ: Was sub 2000 or the bottom of the range.

Banking 146

Banking Economics Business Planning Economy 146

Mr. Money Mustache

MAY 20, 2022

It’s fun math – a 20% drop in prices means you get 25% more shares for your dollar, and a 50% drop means twice as many , or 100% more shares per dollar invested.). But in the Mustachian Era (the years since 2011 when I started writing this blog ), there has only been one: the 2020 Covid Crash which only lasted about a month.

Marketing 53

Marketing Marketing Retirement Investing 53

The Big Picture

SEPTEMBER 7, 2022

So 2000 could have been 1900, and that could have caused challenges. SPACs had been around for probably 15 to 20 years and that’s what — RITHOLTZ: Yeah, since the early 2000, people forget that. I remember going to the Subway Series between them and the Yankees in the World Series in 2000, I think that was.

Communication 304

Communication Engineering Marketing Marketing 304

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

SEPTEMBER 3, 2024

00:29:29 [Speaker Changed] Yeah, I think you can see this particularly in smaller cap companies right now where, you know, as you alluded to earlier, the Russell 2000 versus the Russell 1000 has basically underperformed by 95% from the end of 2016 until now. 00:29:45 [Speaker Changed] That’s amazing.

Investing 146

Investing Investments Management Valuation 146

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. And so, if you were someone who was sitting in cash, let’s say from like 2000 to 2010, you were earning on a real basis about three percent per annum. I was econ and kind of geeky.

Clients 296

Clients Wealth Management Banking Investing 296

The Big Picture

SEPTEMBER 10, 2024

And then I developed this macro affinity starting in 2000, really? So that’s the math. It’s a, it’s the marrying, quite frankly, of macro and micro. So I have a, a deep background in micro, mainly the TMT space. 2009, 10 in that role. And so marrying the two to me is the advantage.

Valuation 159

Valuation Clients Investing Investments 159

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. So what was challenging for me was like, actually, when we moved to the US when I was seven years old, I was always good with math, but my English was below average. RITHOLTZ: Right.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

JUNE 6, 2023

SETHI: Well, everybody thought they were a genius including me in 1999, 2000. It’s much deeper than math. You get a scholarship in high school, you put it in the stock market, and immediately lose half. How do you lose half of your money that quickly? Kind of sounds familiar to all of our crypto friends from the last few years.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

The Big Picture

DECEMBER 12, 2023

He’s crushed the Russell 2000, whatever benchmark you want to talk about. And I was a math nerd as a kid. You’re 34th, you’re retiring after 34 years and you trounce what’s really the more appropriate benchmark, I would assume the Russell 2000. He has absolutely crushed his benchmark over that period.

Management 262

Management Investing Investments Retail 262

The Big Picture

AUGUST 15, 2023

You had the run up in the dot coms to 2000. ” 29, 87, 74, just pick any 50 plus percent number and certainly 2000 and ’08, ’09, a major index gets cut in half. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before.

Management 130

Management Investing Investments Government 130

Mish Talk

NOVEMBER 27, 2022

Yet debt only fell once, in the year 2000, by 113.875 billion vs a purported budget surplus of $236.241 billion. That was in 2000. 2022 Math The 2021 year end debt was $29.621 trillion. This is not a fiscal vs. calendar year distortion, but an ongoing deficit lie. 2001 had a reported surplus of $128,236 billion.

Budgeting 200

Budgeting Math Economics Accounting 200

The Big Picture

MARCH 27, 2023

For a lot of funds, the early 2000 saw a lot of opportunity in the distressed market and in other spaces. And not only that, Reg FD I think was implemented in 2000, but what happened was that with technology, the information became cheap and available to all of us, retail and institutional investors. RITHOLTZ: Endurance and resilience.

Assets 283

Assets Investing Investments Management 283

The Big Picture

JULY 13, 2024

It’s not because they’re not good enough at math. was founded in 1926, acquired by Natixis in 2000, and manages over $335 billion in client assets. Trump enjoys unwavering devotion — and collects the staggering price of admission. ( Now the strategy is starting to bear fruit. Loomis Sayles & Co.

Math 187

Math Economics Numbers Assets 187

The Big Picture

JANUARY 24, 2023

KLINSKY: That was a super hot theme in the year 1999 and 2000. 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. These are alternative telephone companies that were supposed to — RITHOLTZ: I remember those. KLINSKY: Yeah.

Investing 262

Investing Investments Numbers Banking 262

The Big Picture

MARCH 21, 2023

That is incredibly painful period for our process that both this time, which I think we’re still in the midst of end ’99, 2000, we’ve more than recovered from the roundtrip. My mom was a math teacher so — RITHOLTZ: Okay. The entire market, if you like, a Shiller CAPE or something was much worse in ’99, 2000.

Valuation 170

Valuation Investing Investments Numbers 170

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 Marketing Marketing 146

The Better Letter

JANUARY 11, 2024

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. On average, the median Wall Street forecast from 2000 through 2023 missed its target by an astonishing 13.8 Stop with the math.`

Economy 95

Economy Economics Math Banking 95

The Big Picture

NOVEMBER 21, 2023

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. I I was speaking at the Javits Center, 2000 people in the audience. If you think back to 2000, Amazon was the disruptor to Walmart or to Macy’s. And that was 25 years ago.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

APRIL 8, 2024

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.

Economy 146

Economy Clients Banking Economics 146

The Big Picture

JULY 15, 2024

I started out math and, and physics, and in high school I was a rock star in math and physics. I, I remember my father-in-law saying to me back in like 2000, he had a bunch of NYC go bonds that were 15% when New York City was in trouble, right? He went through the math and I’m like, wow, that’s a great return.

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

Management Assets Portfolio Investing 276