The Big Picture

AUGUST 8, 2022

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.

Banking 205

Banking Government Insurance Taxes 205

Investing Caffeine

FEBRUARY 1, 2022

T he stock market has been like a rocket ship over the last three years 2019/2020/2021, advancing +90% as measured by the S&P 500 index, and +136% for the NASDAQ. Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. Source: Calafia Beach Pundit.

Math 52

Math Assets Investments Investing 52

The Big Picture

MAY 30, 2023

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. These are not dumb people. RITHOLTZ: Right.

Banking 148

Banking Economics Business Planning Economy 148

The Big Picture

SEPTEMBER 10, 2024

00:21:42 [Speaker Changed] Yeah, I mean, I think, well, what set us up was we, you know, we got the low right in 2020 for the right reasons. So we were very aggressive in 2020 and 2021. I mean, if you take out the government spending, you probably are on a recession in a private economy. And that’s definitely not priced.

Valuation 163

Valuation Clients Investing Investments 163

The Big Picture

FEBRUARY 13, 2023

I try to analyze the economy from the top. And to this day, we know when I have a view on the economy, or usually have a view on the economy or inflation, it’s usually driven because I read so many corporate earnings reports and trying to understand why they’re cutting inventory, why are they laying off people.

Economy 148

Economy Numbers Marketing Marketing 148

The Big Picture

DECEMBER 6, 2022

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 mean, I always say it depends on the economies or the scale of the business that you are considering.

Clients 163

Clients Investments Investing Management 163

Nationwide Financial

SEPTEMBER 12, 2022

The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. Inflation data will be in focus this week, with consumer price inflation on Tuesday and producer price inflation on Wednesday.

Retail 52

Retail Math Banking Economics 52

The Big Picture

SEPTEMBER 19, 2022

And you know, the only thing math works on recognition by peers, and there’s some prizes. And yet, the amount of math that’s been produced over the last, you know, few decades is just mind-blowing extraordinary. And I believe we need to bring that type of model to many, many more parts of the economy and parts of activity.

Valuation 306

Valuation Investments Investing Engineering 306

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. There’s a continual, the economy continues to grow. It goes so far. Did you give me cash?

Assets 174

Assets Management Portfolio Marketing 174

The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons.

Assets 148

Assets Management Investments Investing 148

Mr. Money Mustache

MAY 20, 2022

And just to amplify everything even further, China has launched a batshit crazy (and medically impossible) “zero covid” policy, locking down hundreds of millions of its own people who can no longer produce or export the things that the rest of the world’s economy had grown to rely upon. the current blowup) -20% so far What’s your guess?

Marketing 53

Marketing Marketing Retirement Investing 53

The Big Picture

AUGUST 29, 2023

I’m curious if that’s kind of repeating now and the 2020 pandemic fiscal stimulus, which was massive under two presidents. Yes, the economy can clearly keep roaring along, which we’ve seen. They’re definitely trying to slow the economy down. What does that do in terms of resetting the cycle?

Portfolio 130

Portfolio Investing Investments Numbers 130

Brown Advisory

JUNE 16, 2022

The great freeze on free money has arrived with a jolt as inflation cleaves through the global economy. We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. The last time U.S. and appeared to be going higher.

Investments 52

Investments Investing Accounting Valuation 52

The Big Picture

JUNE 18, 2024

And at the time when I graduated the economy, it was very good. Barry Ritholtz : Oh, so booming economy, 50 grand in the nineties for right outta college. Three subsequent sales in 2020. 00:40:26 [Speaker Changed] They, they know, they know math, they know math. Barry Ritholtz : Big money. What year was that?

Media 148

Media Food Advertising Investing 148

The Big Picture

NOVEMBER 22, 2022

I think what’s important, though, and what’s key is that we found ourselves at a very interesting point in time, in 2020, in the wake of George Floyd, in the middle of COVID. RITHOLTZ: Why is it not surprising that a math nerd is also a placekicker? And many of those gentlemen have gone on to do incredible things as well.

Recruitment 148

Recruitment Engineering Banking Investments 148

Carson Wealth

FEBRUARY 5, 2024

The economy created 353,000 jobs in January, surprising to the upside. Job gains continue to support income growth, which in turn supports consumer spending and the overall economy. For a broad view of our expectations for the economy, stocks, and bonds in 2024, download our 2024 Market Outlook.

Marketing 97

Marketing Marketing Economy Manufacturing 97

The Big Picture

JUNE 27, 2023

The economy wasn’t as dependent on the equity markets as necessarily as it is today, as we saw post ’08. I mean, obviously, 2020 and 2021 and 2022, we’re still in the midst of, but is there still an echo of ’08-’09 today? And so it’s one of these things that math works. But the Fed stepped in.

Math 148

Math Risk Management Marketing Marketing 148

The Big Picture

JULY 31, 2023

HOFFMAN: You know, go back to early 2020, I mean, every beat was a COVID beat pretty quickly too, right? HOFFMAN: You know, I start the book kind of in earnest at Davos 2020, which will to me just go down as like the most absurd gathering of human beings in history. ” This is the end of January of 2020.

Retail 130

Retail Government Economy Economics 130

The Big Picture

APRIL 8, 2024

I’d been ranked i i back in the seventies, if you can do the math. Your real business is having the best perspective of what is happening this moment in the economy. So, so let’s talk a little bit about the state of the economy today. So at that point, I had a pretty big career. Your side hustle. Really interesting.

Economy 148

Economy Clients Banking Economics 148

The Big Picture

MAY 21, 2024

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. What, what was your experience during the first quarter of 2020 during the pandemic s and p down 34%. What was the career plan?

Numbers 148

Numbers Management Banking Marketing 148

The Big Picture

NOVEMBER 15, 2022

NADIG: So the reason is because, you know, when we look at how the corporate economy works, there are investments that you have to make. Since 2020, their performance has been awful. RITHOLTZ: In 2020, no one even came in second. RITHOLTZ: I think she was plus 160% in 2020, when the market from the lows, the market was up 68%.

Management 279

Management Assets Portfolio Investing 279

The Big Picture

NOVEMBER 21, 2023

I would say the thing that connects them is just voracious curiosity about the world of politics and, you know, economies and trying to make sense out of it. So here’s the math, Barry. It’s gonna take a while to integrate, integrate those folks back into other parts of the economy. You know, all of these things.

Investments 246

Investments Investing Startup Accounting 246

The Big Picture

JUNE 3, 2024

Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. And I really hated physics, really. It’s so true.

Math 148

Math Marketing Marketing Engineering 148

The Big Picture

FEBRUARY 17, 2025

And I did a lot of options math, which I thought was interesting. 00:15:06 [Speaker Changed] But hindsight’s 2020. Do we invest in emerging market countries because their economies are growing? 00:07:26 And then I moved on to the equities team afterwards. And I just learned a tremendous amount.

Investments 148

Investments Investing Economics Management 148

The Big Picture

JULY 15, 2024

If you are at all interested in fixed income, how you assess bonds, how you evaluate the economy, the market, what the fed’s gonna do, what clients want, how to assess risk in credit markets, well then you are gonna really enjoy this conversation. That’s where the economy was at that point. But those guys are great, right?

Portfolio 148

Portfolio Banking Management Portfolio Management 148

The Big Picture

MAY 16, 2023

” If I, if the president ever, this is like a blog post I wrote when the President tweets about the economy, the market will move. I started my own podcast in March 10th of 2020. So this is the math that I applied. So think about this, do the math. We’re up from the lows at the end of March 2020.

Media 291

Media Investing Investments Valuation 291

David Nelson

MARCH 6, 2023

I think most of us want to see the sustainable platform succeed, but the rational among us know that we aren’t going to get there by trashing the global economy along the way. Do the Math! Part of its mission was to focus on issues in the workplace that dealt with worker rights, diversity, equal pay and many more.

Fiduciary Duty 52

Fiduciary Duty Investments Investing Math 52

The Big Picture

JUNE 20, 2023

But all those years leading up to 2020, when the whole world collapsed in March, all those years leading up to it, we had kind of a draining of healthcare, a bleeding of healthcare companies because of getting the fat out, cutting the costs down. An economy does better if the most people are prosperous, right? MORGENSON: Right.

Insurance 148

Insurance Healthcare Retail Medicine 148

The Big Picture

APRIL 29, 2024

The above shows changes in the BLS Average Hourly Earnings and Consumer Price Index since the Pandemic blew up in February 2020. These dumped a ton of cash into the economy all at once in 2020 and 2021. The basic maths is a shortage of qualified workers (or even bodies to put to work) equals rising wages.

Math 362

Math Economy Clients 362

The Big Picture

OCTOBER 31, 2022

Then we have, you know, 2020, 2021, another — oh, not quite 25 years, but 22 years. SCHWARTZ: May of 2020. You were saying this in early 2020. And as you know, I said the increase of the money supply in 2020 was the greatest in history. RITHOLTZ: So 5% funds rate, what does that do to the economy?

Numbers 148

Numbers Investing Investments Marketing 148

The Better Letter

JANUARY 2, 2025

As always, I lead with Wall Street, the markets, and the economy, the objects of my day job. He was elected to the Institutional Investor Hall of Fame in 2020. 2024 wasn’t any different. How will the market perform? His 2024 year-end target was 4,200, down almost 9 percent. Gandalf was fired in July.

Management 103

Management Marketing Marketing Economics 103

The Big Picture

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. We had that little snafu in in 2020 that, yeah, 01:16:04 [Speaker Changed] We have some screwy data, we have some 01:16:05 [Speaker Changed] Screwy data. So far we have not seen that.

Taxes 281

Taxes Banking Clients Management 281

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. in 2018, in the European Union in 2020, in Australian in 2021. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive. How many do you have in your fleet?

Government 322

Government Banking Numbers Investing 322

The Big Picture

MARCH 17, 2025

The book comes out in June, 2020, instant acclaim, New York Times bestseller list. So the book publishes June, 2020. 00:22:49 [Speaker Changed] I was, it was in January of 2020. I, it was January and 00:22:58 [Speaker Changed] We were, we were in Florida in January, 2020. How giant of a surprise was that reaction?

Taxes 148

Taxes Economy Budgeting Government 148

The Big Picture

NOVEMBER 12, 2024

You know, anything you dug into was a story that would tell you something about power and the trajectory of, of the Chinese economy. I love the Washington Post, but I thought, well, I better do this sleepy story, the national economy. I keep reading that, you know, consumer spending is more than two thirds of, of the American economy.

Manufacturing 261

Manufacturing Consulting Economics Engineering 261