The Better Letter

MARCH 16, 2023

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.

Math 93

Math Numbers Medicine Marketing 93

The Big Picture

SEPTEMBER 19, 2022

And from a public market, that sounds like it’s a compliance and conflict nightmare. 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. There you go.

Valuation 305

Valuation Investing Investments Engineering 305

The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. I didn’t know what any of these terms meant. Capital rules were changing. Risk appetite was changing.

Assets 299

Assets Clients Investments Investing 299

FMG

DECEMBER 22, 2022

When LPL bought Waddell & Reed in 2021, it opened some doors as the pay structure was more conducive for small practices and they offer a lot of optional add-on services, like virtual assistants. I couldn’t pass up on the one-click compliance! Has this inspired you to edit or create other things to improve your online presence?

Financial Advisor 52

Financial Advisor Compliance Clients Communication 52

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. We had really good 2021 in terms of inflows. You have the liquidity, the tax efficiency, the transparency.

Clients 162

Clients Investing Investments Management 162

The Big Picture

SEPTEMBER 10, 2024

So we were very aggressive in 2020 and 2021. And that’s why in 2021 into 21, we said, okay, this is the peak of the cycle rate of change. So for example, in early 2021, we made a pretty important call, which was that all the, the meme stocks were going bananas, right? So that’s the math. It’s a hard job.

Valuation 162

Valuation Clients Investing Investments 162

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. So any compliance people listening, I’m just spitballing here. That’s Barry saying it.

Assets 173

Assets Management Portfolio Taxes 173