Good Financial Cents

JUNE 25, 2023

Bitcoin was created in 2009 by a mysterious figure who goes by the pseudonym Satoshi Nakamoto. Anyone with an Internet connection can participate in the cryptocurrency economy. When it first launched in 2009, a single bitcoin was only worth a few cents, but at its peak, it was worth around $60,000. What is Bitcoin Worth?

Investing 76

Investing Investments Accounting Commission 76

The Big Picture

OCTOBER 17, 2023

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. So this is more like the real economy, slower growth businesses.

Investing 130

Investing Investments Clients Numbers 130

Mr. Money Mustache

MAY 20, 2022

And just to amplify everything even further, China has launched a batshit crazy (and medically impossible) “zero covid” policy, locking down hundreds of millions of its own people who can no longer produce or export the things that the rest of the world’s economy had grown to rely upon. the current blowup) -20% so far What’s your guess?

Marketing 53

Marketing Marketing Retirement Investing 53

The Better Letter

MARCH 14, 2024

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 In 2009, New Jersey grandmother Patricia Demauro set a craps world record over four hours and 18 minutes by rolling a pair of dice 154 times before crapping out. quintillion.

Numbers 84

Numbers Medicine Math Marketing 84

The Big Picture

SEPTEMBER 10, 2024

2009, 10 in that role. I mean, if you take out the government spending, you probably are on a recession in a private economy. And that’s your focus on government, both fiscal and monetary support for the economy. So that’s the math. It’s a, it’s the marrying, quite frankly, of macro and micro.

Valuation 162

Valuation Clients Investing Investments 162

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

Mr. Money Mustache

NOVEMBER 10, 2020

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.

Insurance 58

Insurance Medical Medicine Healthcare 58

The Big Picture

JULY 19, 2022

Following the financial crisis and the Fed cutting rates, economy and the market starts recovering in late 2009 and then 2010 and we kept hearing from a lot of different value corners, hey, everything is richly priced. There’s old and there’s old but there’s not both. Bonds are the most expensive. RITHOLTZ: Right.

Investing 130

Investing Investments Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

Since Kickstarter’s launch in 2009, 18 million people have backed projects. Thanks to the likes of Airbnb and others, these sharing economy services have shown us it’s not so scary! The math when paying down debt is simple – if your loan is currently at 7% and you refinance at 3%, that’s equivalent to a 4% return on your money!

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

MARCH 12, 2024

And what we figured out in 2009, really when we started buying homes is that we made the bet that it, I mean, it wasn’t a very exotic bet, but we made the bet that the subprime mortgage market wasn’t coming back at all. And so, so starting in 2009, we, we, there was no flip market. So I had real support around Wall Street.

Banking 147

Banking Marketing Marketing Investing 147

The Big Picture

JULY 31, 2023

And I said, I’ll go get a master’s and things will be better in 2009, because these are one year programs. And it was day by day from the seat of, it was the month that the economy shut down. And it’s two dozen CEOs, investors, policy makers from like all across the economy. RITHOLTZ: Right. RITHOLTZ: Right.

Retail 130

Retail Government Economy Economics 130

The Big Picture

JUNE 3, 2024

Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. And I really hated physics, really. It’s so true.

Math 147

Math Marketing Marketing Engineering 147

The Big Picture

FEBRUARY 17, 2025

And I did a lot of options math, which I thought was interesting. 00:10:08 [Speaker Changed] Yeah, so I graduated from HBS in summer of 2009 and I was fortunate enough to join the Grassroots Business Fund, which had been a division of the International Finance Corporation and literally spun out first half of 2008.

Investing 147

Investing Investments Economics Management 147

The Irrelevant Investor

AUGUST 9, 2018

Unfortunately for these people, the minimum wage has not increased since 2009, nor, to state the obvious, has it kept up with inflation. The Atlantic asks Are Stock Buybacks Starving the Economy ? These sort of numbers will always grind higher as the economy grows over time. million people are “near-minimum-wage” workers.

Economics 52

Economics Investing Investments Distribution 52

The Big Picture

NOVEMBER 19, 2024

Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. And there was people, Physics didn’t have, people, psychology didn’t have math, economics was kind of the right mix. The math doesn’t math. That was too abstract. Yeah, I’m gonna vote.

Economics 162

Economics Math Numbers Marketing 162

The Big Picture

JANUARY 7, 2025

So moved over to London back in 2009 and the rest is history. The interlinkages between women, our education policy, labor force, productivity, and again, ultimately the growth of the economy. But there’s such a difference between how they operate the economy and, and especially the financial sector. Fascinating.

Valuation 130

Valuation Engineering Numbers Marketing 130

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. He lost 40 pounds and he eventually went to the prison doctor and they diagnosed him as having pancreatitis and gallstones and needing an operation which was scheduled for the 1st of August 2009.

Government 321

Government Banking Numbers Investing 321