article thumbnail

Transcript: Graeme Forster, Orbis Investments

The Big Picture

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. It’s just math stick to it over long periods of time. If you go back to 2005, when I joined Orbis, the bricks was all the rage.

Investing 130
article thumbnail

The Sweet Spot

Mr. Money Mustache

In the big picture, this usually leads to having a “successful” life, because of this basic math: Traditional Success. =. Since 2005 I made “being a Dad” my primary goal in life, quitting my career to do so. How much work you do. How much society happens to value your work. The Nitty Gritty of Traditional Success.

Medical 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Matt Levine

The Big Picture

But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? And I love that.

Retail 130
article thumbnail

Market Commentary: January Gains, Jobs Report Both Bullish for Markets

Carson Wealth

That’s well above the 2005-2019 pace of 1.5%, and it is currently higher than what it was in the late 1990s. By my math, there have been 57 Super Bowls and 22 different winners. Up Goes Productivity The other important data point we received last week was productivity. I broke the data down by franchise and city.

article thumbnail

Transcript: Antti Ilmanen

The Big Picture

Those types of excess savings were sort of the culprit for the conundrum in 2005 or whatever it was. And so, I write about it both — I do know, the simple maths about it how you can double shop ratios for uncorrelated strategies and then remind that it’s really difficult to find for uncorrelated strategies in long-only world.

Investing 130
article thumbnail

Transcript: Brad Gerstner

The Big Picture

We, we made in 2005, I believe. That 00:15:42 [Speaker Changed] Was first AI investment, 2005. So here’s the math, Barry. Fair Cast was an investment, a series B investment. In fact, we backed the head of artificial intelligence. Listen to this, Barry. We backed the head of artificial intelligence at that time. We back it.

article thumbnail

Transcript: Dave Nadig

The Big Picture

So as much as I’m personally still a pretty strong skeptic of active management, I mean, I understand the math, and the odds are not in your favor. I read all those academic papers, I understand where the math comes from. It’s how math works. NADIG: — in 2005 is probably wrong. RITHOLTZ: Right.