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Math Problems

The Better Letter

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 95
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Bracketology (2025 Edition)

The Better Letter

Both 2021 and 2022 each had 14 upsets; there were 10 upsets in 2023 and nine in 2024, if only three in 2007. 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. Between 1985 and 2024, there were 8.5 upsets per tournament (4.7

Numbers 75
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Transcript: Albert Wenger

The Big Picture

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
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Transcript: Julian Salisbury, GS

The Big Picture

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
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Financial Advisor Showcase: Money Maven Financial

FMG

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?

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Transcript: Luis Berruga, Global X ETFs

The Big Picture

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
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Transcript: Mike Wilson, Morgan Stanley

The Big Picture

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