The Big Picture

SEPTEMBER 3, 2024

They are a publicly traded investment manager, stocks symbol DHIL, that have been public since day one since 2016. They do a number of things at Diamond Hill that many other investment shops don’t. And so I felt like all of those experiences just really led me to love investing. Brilliant is CEO of Diamond Hill.

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Investing Investments Management Valuation 147

The Big Picture

FEBRUARY 6, 2024

I love finding these people who are just absolute rock stars within their space that most of the investing public probably is not familiar with, haven’t heard about them. Tremendous track record, unusual background comes from computer science and software and, and pivoted into quantitative investing. Really fascinating guy.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

AUGUST 15, 2023

Let’s talk a little bit about your alternative investments career. And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven.

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Management Investing Investments Government 130

The Big Picture

JANUARY 9, 2024

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.

Banking 130

Banking Retail Math Management 130

Brown Advisory

NOVEMBER 13, 2023

From an investment standpoint, rising and increasingly unpredictable rates have made mortgage securities much more difficult to model and analyze, making every incremental piece of insight all the more important. Source: Bloomberg Data as of 4/30/2023 and is the most recent data available.

Investing 52

Investing Investments Portfolio Clients 52

Mr. Money Mustache

MAY 20, 2022

If you really understand the points above and really feel excited about them, you can drop the fear and stress out of your investing life, which means you will live a life that is both wealthier, and more fun. Instead of investing in a productive asset, these speculators were just assuming the recent momentum would continue.

Marketing 53

Marketing Marketing Retirement Investing 53

The Big Picture

FEBRUARY 2, 2023

The investment was pitched as a nearly risk-free opportunity to earn annual returns of 50 percent by lending money to slip-and-fall victims awaiting checks after the settlement of their lawsuits.” emphasis added) The red flags were there for anyone who could put their greed aside and simply focus on the math.

Math 64

Math Investing Investments Sales 64

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. I thought this was an absolutely fascinating way to see the world of investment management. Investment banks were not really a known concept in the area where I grew up.

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Assets Clients Investing Investments 299

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. That happen.

Banking 204

Banking Government Insurance Taxes 204

The Big Picture

OCTOBER 17, 2023

  The transcript from this week’s MiB: Graeme Forster, Orbis Investments , is below. Barry Ritholtz] This week on the podcast, I have an extra special guest, Graham Foster’s pm at Orbis Investment Management. They have a truly unique approach to investing. So I, I did a math degree at Oxford, which is more pure math.

Investing 130

Investing Investments Clients Numbers 130

Random Roger's Retirement Planning

DECEMBER 10, 2023

As a matter of math, it cannot repeat the run from 8.5% This article seemed to be a mix of explaining the Lifecycle study and investment professionals defending allocations to bonds using various logic. 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%

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. If that isn’t your cup of tea, I understand. This TBL is about football, but I really love to nerd-out over baseball.

Numbers 93

Numbers Education Management Math 93

The Better Letter

JUNE 13, 2024

Metro station during rush hour in 2007, playing some of the masterworks of the classical repertoire on a 1713 Stradivarius for which he is reported to have paid $3.5 Moreover, “proof” in science in inductive and doesn’t have the deductive certainty that it can in math.

Math 91

Math Investing Investments Economics 91

The Big Picture

MARCH 12, 2024

Sean Dobson has really had a fascinating career as a real estate investor, starting pretty much at the bottom and working his way up to becoming a investor in a variety of mortgage backed securities, individual homes, commercial real estate, really all aspects of the finding, buying and investing in, in real estate. Was impeccable, right?

Banking 147

Banking Marketing Marketing Investing 147

The Irrelevant Investor

AUGUST 9, 2018

Does this mean that there was a failure on the part of the investment committees responsible for this money? Furthermore, buybacks are coming at the expense of things like wages today and investment in the future. Share repurchases are not being done in lieu of future investments, as you can see in this chart from Haver Analytics.

Economics 52

Economics Investing Investments Distribution 52

The Big Picture

AUGUST 23, 2022

Like investing in this kind of stuff and I had total life saving for the time of $2,000 and I converted my total life savings of $2,000 into Polish zloty, their currency, went down with my translator to the post office and subscribed to the very first privatization in Poland. I want to be investing in this privatization in Eastern Europe.

Government 321

Government Banking Numbers Investing 321

The Big Picture

NOVEMBER 25, 2024

I, if you are at all interested in concepts of things like portable alpha or return stacking, or just want to know how a quant looks at the world of investing and tries to decide where there are opportunities. Quantitative investing was, was that the plan from the beginning? Let’s talk a little bit about your background.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JUNE 20, 2023

In 2007, firms extracted — the private equity firms extracted $20 billion from companies in the form of dividend recapitalizations. This wasn’t a mom-and-pop investment. That’s a real estate investment trust that is a Blackstone entity. But so you had these dividend recaps. RITHOLTZ: Wow. RITHOLTZ: Right.

Insurance 147

Insurance Healthcare Retail Medicine 147

The Better Letter

JANUARY 2, 2025

Similarly, when a Wall Street strategist, economist, or even a run-of-the-mill investment manager or analyst gets a crack at financial television, he or she is routinely asked, often as almost an afterthought, to give a specific target forecast for the market. It’s an expected part of the gig. Rogers, Jr., David Giroux, CIO of T.

Management 103

Management Marketing Marketing Economics 103

The Big Picture

APRIL 1, 2025

Pretending you written a I’m, I’ve just gotten how not to invest, and I assume I will find in this book a chapter about false prognostication. I, I love that Michael Lewis: It’s similar to, it’s similar to investing. Why isn’t anybody investing in it? Very similar. Why isn’t anybody here?

Government 258

Government Engineering Media Investing 258

The Big Picture

NOVEMBER 12, 2024

It’s the fall of 2007. And he said, he goes, wait, you, you’re buying this home as an investment property. And she’s like, I have six homes as an investment property. I do the math. I’m working in the New York Bureau of the Washington Post. Wasn’t all that keen to leave. Right, right.

Manufacturing 261

Manufacturing Consulting Engineering Economics 261