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Your grandchildren will blame the toxic combination of incompetency and ideology for the massively increased carrying costs of unfunded spending and tax cuts. Note that we undertook much of the work anyway (airports, electrical grid, roads, etc.), just decades later at a much greater cost. All simply unnecessary.
ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.
As we discuss in this article, this approach has directly contributed to our outperformance during the most recent period of rising interest rates dating from the end of 2015. MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. investment-grade tax-exempt bond market.
As we discuss in this article, this approach has directly contributed to our outperformance during the most recent period of rising interest rates dating from the end of 2015. Simple math dictates that when yields rise, fixed-rate bond prices fall. investment-grade tax-exempt bond market. MUNICIPALS AND RISING RATES.
Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. Many people have short memories and forget the Fed hiked interest rates 10 times from the end of 2015 through 2018. Source: Calafia Beach Pundit. Please read disclosure language on IC Contact page.
We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. 12 At Intuit’s Investor Day in September last year, management highlighted the maths within their QuickBooks SME accounting software franchise, whereby any improvement in the success rates (i.e.
There was a great article in ThinkAdvisor in 2015 that provided an example of how the options written on IUL work. Source: Sara’s Grillo’s interpretation of knowledge imparted by ThinkAdvisor 2015 article, “How (and why) indexed universal life really works.” What’s this now – call options??
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. You don’t have to pay any tax and just let the rest ride. It’s just math stick to it over long periods of time. You give out 5%.
So for a taxable investor, hedge funds generally aren’t tax efficient. And when you look at the assets that are invested, the three trillion in hedge funds, I would guess that north of 90% of that are in institutions that don’t pay taxes. I think it was 2015. It’s part of their own tax planning.
He won the Nobel Prize in 2015 for his work on consumption, poverty, welfare wealth and health inequality. So when I was at this very fancy private school that I was at as a kid, I did math because it gave me a huge amount of free time to do the things I really cared about. So, you know, I took my math into statistics and things.
And then, as it turns out, a switch flipped in the market in 2014 was a record, 2015 was a record. Burger King Tim Hortons, I remember very clearly because it was in the middle of those waves of kind of tax dodgy, those inversion deals. And that’s sort of the math. None of them still stand, right? RITHOLTZ: Right.
They cite a study that looked at share buybacks in the restaurant, retail, and food industries from 2015 to 2017. They'll cite the fact that companies are going to buy back $1 trillion in stock this year, due to the excess cash provided by the tax cuts. The S&P 500 price index has gained 156% over the same time.
” RITHOLTZ: And you had the Gates study in, what, 2015, saying the same thing? Let’s talk about tax loopholes. How on earth is there still a carried interest tax loophole for private equity, hedge funds, and venture capital? Cut my taxes in half, where do I sign up for that? It’s corporate tax avoidance.
I remember it’s 2015, but I wouldn’t swear to it. So this is the math that I applied. So think about this, do the math. How do I go about protecting this giant pool of capital and how do I not get killed tax wise? LINDZON: They have their own tax problems. And I mentioned, you said it’s 2014.
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