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The maths are exactly the same. These sorts of math problems are the focus of this week’s TBL. Math Problems As this TBL goes live, just 16 games and one day of the NCAA Tournament are in the books, yet my bracket is a mess. We notice the unlikelihood of 100 in a row because of the pattern. Thanks for reading. quintillion.
Six 11 seeds have made it to the Final Four: LSU in 1986, George Mason in 2006, VCU in 2011, Loyola Chicago in 2018, UCLA in 2021, and NC State last year. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 quintillion.
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. There’s a continual, the economy continues to grow. It goes so far. Did you give me cash?
Five 11-seeds have made it to the Final Four: LSU in 1986, George Mason in 2006, VCU in 2011, Loyola Chicago in 2018, and UCLA in 2021. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 quintillion.
The great freeze on free money has arrived with a jolt as inflation cleaves through the global economy. We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2.
So I decided to take some action, by doing the math for myself using a spreadsheet. And as you scale up the operation, some economies of scale on things like space and equipment make it even better. I am guessing that you might feel the same way these days – most of us Americans are in the same boat.
And I would say that Washington was pretty interesting because we had gone and, and spoken to people in 2005, 2006, and to kind of let people know that there was something, these are, this is a trillion dollars worth of misprice risk. We participated in that with treasury and FHFA and the regulators, the White House.
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. So, so let’s talk a little bit about the state of the economy today. So at that point, I had a pretty big career. Your side hustle. Really interesting.
And then I didn’t do the internet again until 2006. ” If I, if the president ever, this is like a blog post I wrote when the President tweets about the economy, the market will move. Well, 2006 was a miracle. If you were alive and writing checks in 2006 to 2011. So this is the math that I applied.
And this was back in 2005 or 2006. An economy does better if the most people are prosperous, right? And these guys don’t like money sitting on a shelf. And so, you actually had a study in Congress that had what might happen if we were to experience a pandemic. And it said, “We need to stockpile more equipment.”
SIEGEL: — or 2006, ’07, ‘08. RITHOLTZ: So 5% funds rate, what does that do to the economy? I’ve just been a little bit surprised that the Fed, etcetera, has not been trying to address this because how has it become so vigorous on pressing monetary policy when it — well, what is really happening in the real economy?
You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. 00:29:06 [Speaker Changed] So that was 2006. And you think it had a positive impact on the economy? 01:18:26 [Speaker Changed] I think it’s had a positive impact on the economy.
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