The Big Picture

DECEMBER 5, 2022

Wages in America (2013-2021). Wealth Distribution in America (April 11, 2019). Composition of Wealth Differs: Middle Class to the Top 1% (June 5, 2019). No, Your iPhone Does Not Make You Wealthy (June 4, 2018). Source : Moving between wealth brackets: Minimum cutoffs from the Distributional Financial Accounts.

Distribution 312

Distribution Accounting Economics 312

The Big Picture

JUNE 16, 2023

Previously : America’s Corporate Welfare Queens (November 13, 2013) Minimum Wage Increases Do Not Destroy Jobs (January 24, 2019) Generational Reset of Minimum Wage (November 30, 2021) Wages in America The post Americonned appeared first on The Big Picture. And the personal stories are compelling.

Numbers 334

Numbers 334

The Big Picture

NOVEMBER 15, 2024

Camerer won the MacArthur Fellow (Genius award) in 2013. He is a member of the American Academy of Arts and Sciences and holds fellowship at the Econometric Society and the Society for the Advancement of Economic Theory. On today’s episode, we breakdown the behaviors that drive our financial decision making.

Portfolio Management 316

Portfolio Management Economics Portfolio Assets 316

The Big Picture

MAY 6, 2023

Previously, he was head of the European Special Situations Group from 2008-13, and head of the Global Special Situations Group: 2013-19. He is also a member of the management committee, and Co-Chairs the Asset Management Investment Committees, which includes private equity, infrastructure, growth equity, credit, and real estate.

Wealth Management 303

Wealth Management Assets Management Clients 303

The Big Picture

NOVEMBER 2, 2023

The Pandemic crash and rally was a 34% reset and a continuation of the bull that formally began in March 2013. February 4, 2013) Looking at the Very Very Long Term (November 6, 2003) Bull & Bear Markets The post Where is This Rally Going? Secular Bull Market : US stocks are in the 5-6th inning of a bull market.

Taxes 288

Taxes Portfolio Marketing Marketing 288

The Big Picture

DECEMBER 5, 2024

Bloomberg , October 9, 2015 Art Cashin’s Tis the day before New Year’s (December 31, 2014) Art Cashin Just Gave A Hilarious Wall Street History Lesson Going Back To The 1950s by Linette Lopez Business Inside, Oct 8, 2013 TBP 2013: Fireside Chat with Trading Legend Art Cashin (October 3, 2013) Art Cashin: Black Monday, An Unforgettable Single Day (October (..)

Compliance 290

Compliance Marketing Marketing Management 290

The Big Picture

OCTOBER 25, 2022

Note the issue with OER is not a new phenomenon, and the research note 1 above was from 2013. Mike Bryan and Nick Parker, March 11, 2013). I thought that was important enough when I saw it in 2013 to have mirrored it at The Big Picture. -Mike Bryan and Nick Parker, MacroBlog , Atlanta Federal Reserve. Think Again.

Government 290

Government Assets Retail Manufacturing 290

The Big Picture

JUNE 22, 2023

(December 5, 2022) The Super Wealthy versus the Merely Rich (February 7, 2022) Wealth Distribution in America (April 11, 2019) Composition of Wealth Differs: Middle Class to the Top 1% (June 5, 2019) Wages in America (2013-2021) The post Wealth Inequality Starts at the Top appeared first on The Big Picture.

Distribution 306

Distribution Assets Economics Numbers 306

The Big Picture

AUGUST 25, 2022

After the launch of RWM in 2013, we tried different formats: The Evidence-Based Investment conference tried to pull some of the irrationality out of typical conferences; Wealth | Stack looked at the intersection of technology and wealth management. It didn’t have to be expensive or exclusive, so long as it was informative and useful.

Wealth Management 337

Wealth Management Investing Investments Marketing 337

The Big Picture

FEBRUARY 8, 2024

Time magazine named him to their “100 most influential people in the world” in 2013. He famously shorted Allied Capital in the 2ooos and Lehman Brothers about a year before it collapsed into bankruptcy in 2008. In our wide-ranging discussion, Einhorn stated that “Market structures are broken and value investing is dead.”

Banking 200

Banking Investments Investing Marketing 200

The Big Picture

APRIL 7, 2023

See also : 50 Ways the World is Getting Better (Ben Carlson, April 7, 2023) Vertical communities (Noah Smith, Jan 27 2023) Previously : How News Looks When Its Old (October 29, 2021) More Signal, Less Noise (October 25, 2013) _ 1.

Media 278

Media 278

The Big Picture

JUNE 1, 2023

No) appeared first on The Big Picture.

Banking 317

Banking Economics Marketing Marketing 317

The Big Picture

OCTOBER 26, 2022

A mere 5 years later (2013), Nokia sold its entire phone business to Microsoft. In 2007, the very same year of the Nokia Forbes cover, Apple rolled out the iPhone; not long after, the decline of Nokia’s mobile phone business began. It’s yet another reminder of what we tend to overlook: 1.

Economy 364

Economy Marketing Marketing 364

The Big Picture

OCTOBER 19, 2023

Family Finances from 2019 to 2022 Survey of Consumer Finances Federal Reserve October 2023 Causes of Death By Saloni Dattani, Fiona Spooner, Hannah Ritchie and Max Roser Our World in Data, (2023) 1.

Media 351

Media Economy Economics Wealth Management 351

The Big Picture

AUGUST 15, 2022

On a price-only basis, the index didn’t reach those 2007 highs again until March 2013: ( Wealth of Common Sense ). • Let’s look at the 2008 scenario as an example. The S&P 500 topped out in early October 2007 and bottomed in March 2009. How Remote Work is Shifting Population Growth Across the U.S.

Communication 298

Communication Startup Management Economics 298

The Big Picture

SEPTEMBER 5, 2024

billion in fee only asset flows for the full year 2013; 37% of Morgan Stanley wealth management’s total client assets are now in fee based accounts a record high. Wells Fargo Advisors said at the end of 2013 it had $375 billion in managed account assets, roughly 27% of the $1.4

Wealth Management 228

Wealth Management Assets Fee Only Media 228

The Big Picture

JULY 26, 2023

Laurence Ball, Professor of Economics at Johns Hopkins and Research Associate at the National Bureau Of Economic Research, made the case in 2013 that 4% was a more rational target. The case for 4% inflation , Laurence Ball, VoxEU/CEPR 24 May 2013 3. Peasants: We have found a witch! (A a witch!)

Economy 246

Economy Economics Numbers Banking 246

The Big Picture

MAY 19, 2023

As I keep saying, one day, this cycle will end, a recession to worse will occur, and the secular bull market that began in 2013 will end. Russell 2000 is the big laggard in 2023, and has been much of the year. That day is not here yet… FinTV comments I keep hearing: 1. Only 5 stocks driving markets 2. Recession is inevitable 3.

Marketing 289

Marketing Marketing Math Media 289

A Wealth of Common Sense

SEPTEMBER 8, 2024

Each year since 2011, Gallup has asked people what they think is the best long-term investment: After a brief love affair with gold, real estate has been in the top spot every year since 2013. Stocks are a distant second. So why do we Americans love the housing market so much from an investment perspective?

Investing 141

Investing Investments Marketing Marketing 141

The Big Picture

SEPTEMBER 16, 2024

April 12, 2018) 5 Years On. (September 17, 2018) Announcing: Ritholtz Wealth Management (September 16, 2013) The post RWM 11th Anniversary (Steel) appeared first on The Big Picture.

Wealth Management 162

Wealth Management Management 162

The Big Picture

OCTOBER 31, 2022

How Twitter Will Change as a Private Company : The social media company went public in 2013. . • The Front Trunk Is Electric Cars’ Most Divisive Feature : The “frunk” that comes standard with most electric vehicles is proving the best kind of marketing engine: one that runs on its own. Green ). • Here’s what that means. ( New York Times ).

Engineering 264

Engineering Economics Assets Media 264

The Big Picture

NOVEMBER 8, 2024

Professor Camerer was became a MacArthur Fellow (Genius grant) in 2013 for his work on risk, self-control, and strategic choice. Be sure to check out our Masters in Business next week with Colin Camerer , the pioneering neuroeconomist at California Institute of Technology.

Economics 189

Economics Management 189

Advisor Perspectives

MAY 9, 2023

The headline number for April dropped to its lowest level since January 2013, coming in at 89.0, from the previous month and below the Investing.com forecast of 89.6. April's reading remains below the series average of 98.2 for the 16th consecutive month. The index is at the 5th percentile in this series.

Numbers 132

Numbers 132

The Big Picture

APRIL 29, 2023

2013: Talking Watches with John Mayer 2,344,287 views Sep 25, 2013 Well. He is a member of the Management Committee and Co-Chair of the Asset Management Investment Committees, (private equity, infrastructure, growth equity, credit, and real estate). You asked for it. You got it.

Advertising 173

Advertising Wealth Management Assets Accounting 173

Wealth Management

OCTOBER 10, 2022

markets added the most self-storage units between 2013 and 2022? We look at the latest stats.

Marketing 122

Marketing Marketing 122

The Big Picture

JUNE 2, 2023

. ~~~ Those are some of my favorite perspective shifters, I hope you find them to be a useful way to reset your own perspectives.

Numbers 312

Numbers Valuation Retirement Economics 312

The Big Picture

MARCH 3, 2023

2000-13 : Secular bear market did not make new highs until March 2013 2018 : ~20% pullback as the economy slowed, FOMC hiked. 2020 : Pandemic crash of 34%, fastest top fall (but fastest recovery) 2022 : Stocks & bonds both down double digits since 1981 All of these meet the unofficial definition of a bear of a 20% move off of the peak.

Marketing 336

Marketing Marketing Economics Portfolio 336

The Big Picture

NOVEMBER 27, 2023

Previously : The Timing Mistake: Thoughts & Pushback (August 26, 2020) Market Timing for Fun & Profit (August 28, 2020) The Art of Calling a Market Top (October 4, 2017) DOs and DONTs of Market Crashes (January 16, 2016) The Truth About Market Timing (March 13, 2013) Timing the Market?

Marketing 304

Marketing Marketing Math Retirement Planning 304

Nerd's Eye View

JUNE 12, 2023

And so, in the spirit of sharing, a few years ago I launched my list of " Recommended (Book) Reading for Financial Advisors ", and it was so well received that in 2013 I also started sharing my annual "Summer Reading List" for financial advisors of the best books I'd read in the preceding year.

Financial Advisor 230

Financial Advisor Financial Planner Professional Services Clients 230

The Big Picture

NOVEMBER 21, 2022

Professor Danny Blanchflower (a friend and occasional fishing buddy) looked at this question in 2013-14; what they discovered was closer to 5-to-1 difference: “We find, conventionally, that both higher unemployment and higher inflation lower well-being. Emphasis added). Two for one is a huge adjustment.

Economics 325

Economics Budgeting Taxes Economy 325

The Big Picture

AUGUST 23, 2023

.” Previously : Simple, But Hard (January 30, 2023) Investing is a Problem-Solving Exercise (January 31, 2022) The 10 Most Useless Phrases in Finance (September 25, 2020) Reduce the noise levels in your investment process (November 9, 2013) The post Investing is the Study of Human Decision Making appeared first on The Big Picture.

Investing 246

Investing Investments Asset Allocation Healthcare 246

The Big Picture

AUGUST 30, 2023

” Morningstar’s key observation: Over the most recent 10-year period (2013-22), fund investors lagged the very funds they owned by 1.7% In addition, our research imparts a few lessons on how investors can avoid these gaps and capture more of their fund holdings’ total returns.” Considering those funds averaged a 7.7%

Assets 243

Assets Investing Investments Taxes 243

Nerd's Eye View

JUNE 10, 2024

And so, in the spirit of sharing, a few years ago I launched my list of " Recommended (Book) Reading for Financial Advisors ", and it was so well received that in 2013 I also started sharing my annual "Summer Reading List" for financial advisors of the best books I'd read in the preceding year.

Financial Advisor 204

Financial Advisor Financial Planner Clients Communication 204

The Big Picture

NOVEMBER 10, 2023

June 21, 2021) Tversky and Kahneman Changed How We Think (December 5, 2016) How Shiller helped Fama win the Nobel (October 26, 2013) Plus, I have to include the discussion of Amos Tevarsky and Danny Kahnemann: Michael Lewis on The Undoing Project (December 10, 2016) The post MiB: The Nobel Laureates appeared first on The Big Picture.

Investments 147

Investments Investing Marketing Marketing 147

Trade Brains

FEBRUARY 18, 2024

The post Gravita India’s Astounding Stock Rise of 2013%; What Does Their Future Look Like? appeared first on Trade Brains.

Manufacturing 59

Manufacturing Planning Investing Investments 59

The Big Picture

FEBRUARY 14, 2023

Program ( NYT , December 16, 2017) Previously : Judgment Under Uncertainty (March 25, 2022) Investing is a Problem-Solving Exercise (January 31, 2022) Learning to say “I Don’t Know” (September 9, 2016) You Are Worrying About the Wrong Things (October 22, 2014) The Fine Art of Being Worng Wrong (April 26, 2013) The many hats of great investors (May (..)

Investing 299

Investing Investments Management Insurance 299

The Big Picture

JULY 27, 2023

The Amazon founder, who purchased The Washington Post for $250 million in 2013, has taken a more active role in the paper’s operations this year. ( ( Bloomberg ) • A Decade Ago, Jeff Bezos Bought a Newspaper. Now He’s Paying Attention to It Again.

Food 243

Food Banking Economy Numbers 243