Remove 2021 Remove Math Remove Valuation
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America’s Enormous Math Mistake’s Mistake

The Big Picture

Call it ” ‘ America’s Enormous Math Mistake’s Mistake. For the record, Census published its first study on the valuation of so-called “in-kind transfer benefits” in 1982. Since 2008, the Census Bureau has included government transfers in its Supplemental Poverty Measure. ” Was this ignorance?

Math 246
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Transcript: Albert Wenger

The Big Picture

So along those lines, there are some venture firms that don’t really seem to care a lot about valuations and others seem to focus on a little bit. Is valuation significant, or is it, hey, we’re going to make 100 investments and if two or three workout, the valuations are irrelevant? How do you fall in that spectrum?

Valuation 305
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A Billion Dollars isn’t Cool

The Irrelevant Investor

A private company with a billion-dollar valuation used to be special. This number comes from Crunchbase , who just published a report showing that the number of newly minted decacorns hit a record high in 2021. Today there are 1,000 of 'em. Now it's ordinary. These numbers, which felt crazy at the time, seem quaint compared to today.

Math 52
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Transcript: Mike Wilson, Morgan Stanley

The Big Picture

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. Second part of our framework is valuation fundamental work. Well, that means valuations are probably too high.

Valuation 162
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From Rocket Ship to Roller Coaster

Investing Caffeine

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
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Transcript: Mike Green, Simplify Asset Management

The Big Picture

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. We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments.

Assets 173
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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. We’ve seen a couple of these events now.

Assets 299