The Big Picture

JUNE 18, 2024

So the fact that I had a sociology degree really didn’t impede, I think getting into business Barry Ritholtz : And you end up in like what some would think of as kind of a dry, legalistic part of Fidelity, the ERISA Division, which focuses on retirement accounts. Erika Ayers Badan : It was very boring.

Media 147

Media Food Advertising Investments 147

The Big Picture

AUGUST 15, 2023

RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. If you’re giving up that 1% big fat yield in 2019, 2021, let’s say you give up three years of 1% and get zero, how does the math work over the subsequent couple of years?

Management 130

Management Investing Investments Government 130

The Big Picture

JANUARY 24, 2023

I will say when there were fewer firms, I was effectively — there had Ted and Nick Forstmann, Brian little had retired from the firm. RITHOLTZ: So it’s different math then I need 100x winner versus 99? I mean, so you just have to live through all this stuff. I was the next senior. KLINSKY: Yeah.

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Investing Investments Numbers Banking 263

The Big Picture

MARCH 27, 2023

So you retire in 2018. Before that, 2016, the energy crisis, same. But it was not a liquidity issue. ’08 08 was purely a liquidity issue, so the formidable trades were to buy companies that were actually very viable the way they were. And bonds were trading at huge discounts because there were no buyers anymore.

Assets 285

Assets Investing Investments Management 285

Mr. Money Mustache

NOVEMBER 10, 2020

So I decided to take some action, by doing the math for myself using a spreadsheet. I still don’t have much experience with the US healthcare system – it helped deliver my son in 2006, and then repair that same boy’s broken arm in 2016. I felt like I was being squeezed from both ends and it was starting to p**s me off.

Insurance 59

Insurance Medical Medicine Healthcare 59

The Irrelevant Investor

AUGUST 9, 2018

From February 2013 to November 2016, there were 3.6 The median retirement account balance of people ages 56 to 61 is just $25,000. Whatever else happened, retired policemen and firefighters and teachers would be paid. Things are (obviously) tough for low-income earners In 2016, 2.2 That is no longer the case."

Economics 52

Economics Investing Investments Distribution 52

The Big Picture

MAY 2, 2023

RITHOLTZ: So wait, you’re, I’m trying to do the math, if you were 24 in ‘08, so you got this watch in 2000, 99? CLYMER: And I guarantee you when I retire from whatever this is, that’s the watch I will wear every day. That came out in 2016. He gave me his Omega Speedmaster, which is a really nice watch.

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Retail Insurance Advertising Numbers 173

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. The Magnitsky Act, in 2016, became the Global Magnitsky Act which doesn’t just go after the people who do terrible things in Russia but in China and Iran and Venezuela and all other countries.

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Government Banking Numbers Investing 321

The Big Picture

AUGUST 22, 2023

I went there because I was fearful that being a professor would be like retiring in your 20s. It’s a power law, this is very slightly technical for yours truly, the English major, not technical for you, the math guy. SUNSTEIN: But by tradition, it is not just a lackey. And then, as you say, I went to the University of Chicago.

Economics 245

Economics Media Government Numbers 245