Remove 2007 Remove Commission Remove Math
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Transcript: Heather Brilliant, Diamond Hill

The Big Picture

And so I think, you know, not to say you couldn’t do it when there’s zero, but I just think it’s a lot harder to make the math work. And that does encapsulate Morningstar’s investment philosophy and certainly they commissioned the book or, or funded it, I would say.

Investing 147
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Transcript: Anat Admati

The Big Picture

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 204
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Transcript: Gretchen Morgenson

The Big Picture

And so I would see how the over-the-counter desk, over-the-counter stock desk would push stocks and encourage brokers to sell them, put a lot of commission in them, to move them because some big seller was coming into the market. I think in 2007, we had 24 square feet per capita versus Europe, which was like 14, and Japan, which was like 9.

Insurance 147
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Transcript: Peter Goodman

The Big Picture

It’s the fall of 2007. His commissions were drying up. I do the math. I’m working in the New York Bureau of the Washington Post. Wasn’t all that keen to leave. I love the Washington Post, but I thought, well, I better do this sleepy story, the national economy.