The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. And then I moved back to London at the end of 2008, which was a really interesting pivot.

Assets 299

Assets Clients Investments Investing 299

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. That is not guessing what markets will do, that is just managing asset allocation and cash needs. As bad as 2008 was, we're 3x from there. Remember, the peak in the S&P 500 in October, 2007 was 1565.

Asset Allocation 74

Asset Allocation Math Portfolio Assets 74

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. I could maybe flip that around a little bit since I think particularly post 2008, 2009, the quality style of investing has become a lot more popular.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. It depends on your asset allocation.

Assets 147

Assets Management Investing Investments 147

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. In 2008, we didn’t have Uber, right? Very few people want to quote unquote, get onto a smartphone.

Assets 173

Assets Management Portfolio Taxes 173

The Big Picture

MARCH 12, 2024

My family and I moved to McLean, Virginia in, in 2008. They’re asset allocation model driven folks. And I was always good at math and, and I had been writing code since I was in the sixth grade. Who, who, who, who else did you speak to when you were there? What, so what was that experience like?

Banking 147

Banking Investing Investments Marketing 147

The Big Picture

JUNE 20, 2023

Or should this be kept out of private asset allocators’ hands? This was a small asset class that, whether it was the illiquidity premium or just the ability to go places where the public markets couldn’t, actually did better than the markets. MORGENSON: It stopped outperforming in like the mid-2000s or towards 2008.

Insurance 147

Insurance Healthcare Retail Medicine 147