Remove 2011 Remove Commission Remove Math
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Pain is Part of the Process

The Better Letter

If you had invested $10,000 in Amazon at its IPO price ($18) in 1997, you would have purchased 555 shares, not counting commission expenses or fractional shares. This is the best thing I read this week (it combines magic, music, mystery, and math); this is the best thing I saw. But let’s suppose for a moment that you could.

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Transcript: Peter Borish

The Big Picture

Not only did he serve on the Brady Commission looking at the ’87 crash, but his history of investing and trading and public service, both at the Fed and the Chicago Board of Trade and Treasury Department, really unparalleled, as well as just a pretty amazing track record as an investor and trader. What did you find? RITHOLTZ: Right.

Math 147
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Transcript: Peter Goodman

The Big Picture

His commissions were drying up. Then of course the Fukushima did Fukushima disaster in Japan in 2011 and into 2012. I do the math. And I went in, introduced myself and talked to this guy, Marshall Witty, who was a salesman who at that time was about to send the keys back on his third spec house.