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The maths are exactly the same. These sorts of math problems are the focus of this week’s TBL. Math Problems As this TBL goes live, just 16 games and one day of the NCAA Tournament are in the books, yet my bracket is a mess. We notice the unlikelihood of 100 in a row because of the pattern. Thanks for reading. quintillion.
Six 11 seeds have made it to the Final Four: LSU in 1986, George Mason in 2006, VCU in 2011, Loyola Chicago in 2018, UCLA in 2021, and NC State last year. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 quintillion.
And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I remember telling myself, why would anyone invest in mutual funds when you can buy an ETF instead? BERRUGA: Yeah.
If you recall, back in 2018, vol Mageddon, he was on the right side of that trade, made hundreds of millions of dollars for his firm in identifying a structural problem that was about to blow up. But before I leave the teal macro, I gotta ask you about the famous Vage trade in 2018. Tell us a little bit about that trade.
A term that we sort of invented in 2018, which I regret now. So that’s the math. You have to get compliance. And, and look, many people have highlighted this too, ourselves included. We, we have been in a recession in many sectors, kinda a rolling recession. But anyways, we can leave that where it is. 00:24:26 Okay.
Sara G About Bobby Samuelson Bobby co-founded Life Innovators in 2018 and has been President and CEO since its inception. I hope you’ll at least join my weekly newsletter about financial advisor lead generation. See you in the next one!
So you retire in 2018. There are a ton of expenses, and they’re getting higher with compliance and marketing and reporting and investor relationship, et cetera. 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.
I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. Think about what, how we were, we were geared in 2017, 2018, 1920. What was the career plan? 00:01:48 [Savita Subramanian] Yeah.
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