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Top clicks this week on Abnormal Returns

Abnormal Returns

capitalspectator.com) The credit markets are very different than they were in 2009. aswathdamodaran.blogspot.com) How to make the math behind home ownership work (or not). (behaviouralinvestment.com) Why selling a stock is harder than buying. flyoverstocks.com) Bond investors are being given an opportunity to lock in 2% real yields.

Math 278
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Math Problems

The Better Letter

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.

Math 93
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Catastrophizing Debt

The Big Picture

The US population today is 341,814,420; in 2009 it was 308,512,035. Economy in 2022 was $25,439.70B; in 2009, it was $14,478.06B; ignore that also? from 2009, and by 2024 you get (wait for it) $193.44T. Do we simply ignore the growth in the size of the economy and the U.S. population? Do we just ignore that?

Economy 347
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MiB: Jeffrey Sherman, DoubleLine Deputy CIO

The Big Picture

Prior to joining DoubleLine in 2009, Sherman was a senior vice president at TCW Group Inc. We discuss how he began as a math major but didn’t want to go into physics, engineering or academia, so finance was the next logical career option. He is host of the podcast The Sherman Show and a CFA charter holder.

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The “Art” of Market Timing

The Big Picture

The dotcom top, the double bottom in Oct 02-March 03; the highs in 2007, the lows 2009. 24, 2023 _ 1: In particular, why average outperforms over the long run; Sommers credits not making errors (via Charlie Ellis’ “Winning the Loser’s Game”) but the nuance and math are fascinating. By Jeff Sommer New York Times, Nov.

Marketing 304
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10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire : Citadel Securities CEO Peng Zhao left for college at age 14, caught Griffin’s eye early in his career and built systems now mopping up market share. Social Leverage recently launched its 4th fund.

Math 147
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Is Diversification Dead?

Random Roger's Retirement Planning

I am guessing they chose that timeframe to coincide with the March 2009 bottom. We've talked just a couple of times about the market becoming increasingly concentrated which just in terms of math means that a diversified strategy will lag for as long as the big names do well.