The Better Letter

DECEMBER 15, 2022

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.

Investing 80

Investing Investments Portfolio Numbers 80

The Big Picture

JUNE 27, 2023

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

Math Risk Management Marketing Marketing 147

The Big Picture

MARCH 17, 2025

Wasn’t the Excel spreadsheet error, which changed their math. They were talking about, you know, what can we do with a commission to try to get the deficit down by $4 trillion at least, and all this sort of stuff. I mean that was, that was the problem. The problem is Japan is running two 50%. 01:02:20 [Speaker Changed] Yeah.

Taxes 147

Taxes Economy Government Budgeting 147

The Big Picture

NOVEMBER 12, 2024

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.

Manufacturing 261

Manufacturing Consulting Economics Engineering 261