Discipline Funds

APRIL 19, 2023

This became uncomfortably clear to investors in 2022 who might have needed cash from their portfolio, but couldn’t liquidate the actual cash component of the 40 without liquidating some portion of the entire 60 and 40. Let’s put some numbers to this to explain why. The math on the 40% slice is much cleaner.

Portfolio 102

Portfolio Math Assets Management 102

The Big Picture

OCTOBER 21, 2024

As an example, institutional investors mentioned King Street in 2022, perhaps the worst year for hedge funds since oh 8 0 9. I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. And so we have a number of business lines.

Numbers 147

Numbers Banking Investing Investments 147

Random Roger's Retirement Planning

APRIL 12, 2023

Fixed income holdings with equity beta stand to be far less effective at helping manage equity volatility with 2022 being a text book example that we'll study for the rest of our careers. It made no sense to buy down at that low yield to manage equity volatility and 2022 showed it increased portfolio volatility.

Portfolio 75

Portfolio Math Clients Retirement 75

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. She has run a number of firms and a number of divisions at large firms and traced a career arc that’s just very unusual compared to the typical person in finance. It is something, math has always come easy to me since a child.

Math 130

Math Management Insurance Assets 130

Brown Advisory

JUNE 16, 2022

Global Leaders Investment Letter: June 2022 mhannan Thu, 06/16/2022 - 11:30 Just want the PDF? We remain highly dubious of price-to-earnings ratios as a proxy for value given earnings can be distorted by “creative” accounting and the measure embeds a range of factors into a single number. We inherently prefer actual cash flow.

Investing 52

Investing Investments Valuation Accounting 52

Walkner Condon Financial Advisors

JUNE 2, 2023

Unfortunately, we’re not quite there yet as a society, since as of 2022, the Bureau of Labor Statistics reports only a third of financial advisors are women. In 2022, nearly 42% of the externships participants were women. The importance of getting women into financial planning feels like it should go without saying.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

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. New York is number one. Two reasons.

Assets 147

Assets Management Investing Investments 147

The Better Letter

DECEMBER 15, 2022

Those of us called upon professionally to write about market performance in 2022 as the year ends are necessarily struggling for the right verbiage. That’s because, in language as plain as I can make it, pretty much every market and sector has had a very bad 2022. Using very rough long-term return numbers (9.5%

Investments 79

Investments Investing Portfolio Numbers 79

Steve Sanduski

AUGUST 4, 2022

Charles Schwab just released their 2022 RIA Benchmarking Study and I decided to crunch the numbers and see what the data shows. Crunch the Numbers. Now, let’s take two cuts at the growth performance of advisory firms in the 2022 RIA Benchmarking Study from Charles Schwab relative to what the markets did. AUM Growth.

Math 52

Math Portfolio Numbers Financial Market 52

The Big Picture

SEPTEMBER 12, 2022

I wasn’t that typical person that did a number of, you know, internships during the summer, had that …. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. So heading into 2022, there surely were pockets of froth. I love statistics.

Clients 299

Clients Wealth Management Banking Investing 299

Random Roger's Retirement Planning

JULY 14, 2022

Here's how QYLD has done for the last 5 years coming into 2022, so before the market was underway, versus the NASDAQ. And here is 2022, the bear market. Similar to PUTW, it didn't offer protection during the pandemic crash of 2020 but only dropping half of what the S&P 500 index has dropped in 2022 is impressive and surprises me.

Portfolio 72

Portfolio Math Clients Marketing 72

Trade Brains

DECEMBER 16, 2022

And when used for ROE, as per the basic rule of math, if the denominator decreases, the fraction as whole increases i.e, On a yearly basis, from 2018 to 2022, the company has a return on equity of 36.56%, 45.3%, 70.39%, 105.76%, and 104.53% respectively. The ROE numbers from 2018 to 2022 are 57.17%, 49.79%, 42.74%, 71.64%, and 83.3%

Pharmaceutical 59

Pharmaceutical Manufacturing Engineering Distribution 59

Random Roger's Retirement Planning

DECEMBER 11, 2024

Imagine the Intel scenario of down 59% on top of VBAIX dropping 16% in 2022. Most of the improved return can be attributed to 2022. A 20% drop in managed futures that is leveraged to a 40% weight would have added another 800 basis points to the decline (simple math). In 2008, VBAIX was down 23%.

Portfolio 52

Portfolio Management Math Taxes 52

Random Roger's Retirement Planning

DECEMBER 10, 2023

As a matter of math, it cannot repeat the run from 8.5% It's not that 60/40, or some other combination of numbers is bad or dead, more like how we build the 40 or other number maybe needs to be different. The offset from anti-beta allows the portfolio to have more growth opportunity and again, much less pain in 2022.

Portfolio 74

Portfolio Math Assets Retirement 74

Your Richest Life

NOVEMBER 9, 2023

That number fell to 1.6 months in January of 2022, and has since bumped up to 3.3 You should also do the math to make sure you have a clear idea of what you can afford. Appliances, for example, have seen a price decrease of 10 percent since 2022. The rate of inflation currently at 3.7 months in August of 2023.

Marketing 52

Marketing Marketing Budgeting Financial Planner 52

Random Roger's Retirement Planning

DECEMBER 1, 2023

Part of the math that determines options premiums is the risk free rate of return from T-bills. If it can generate that sort of total return which is yet to be proven, and if, I say if, it delivers that sort of number with less volatility than the broad market then its attractiveness improves.

Math 74

Math Retirement Numbers Portfolio 74

The Big Picture

FEBRUARY 13, 2023

And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. And you know, it’s been an honor to have a number of awards to it. So yeah, man, that was the idea.

Economy 147

Economy Numbers Marketing Marketing 147

Random Roger's Retirement Planning

SEPTEMBER 29, 2024

The authors noted that risk parity did very well for a long time but that "bond based risk-parity failed miserably in 2022." In fund form, it started doing badly long before 2022 which is corroborated by AQR's change to AQRIX in 2019. Both 2 and 3 were up in 2022 while the RPAR replication was down 11%.

Portfolio 52

Portfolio Assets Management Math 52

The Big Picture

JANUARY 16, 2024

She has had a number of different positions within PIM, including managing their flagship core real estate fund. She has lived and invested through not just the great financial crisis, but the SNL crisis and a number of other fascinating experiences in real estate. If there was an error in a report or a number, I went ballistic.

Assets 264

Assets Investing Investments Management 264

The Big Picture

AUGUST 29, 2023

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I had a number of relationships that I built up and had another job lined up in New York City. DAVIS: So when we think about how those teams are evaluated, it’s a three-year number. So how did you perform?

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. It gets further and further away the D P U go.

Investing 130

Investing Investments Clients Numbers 130

The Big Picture

NOVEMBER 22, 2022

Number one, and I think they both reflect strong leadership at the firms. Number one, you had, you know, somewhat of a groundswell from within the firm, certainly at leadership that said we need to figure out a way to do something. Key brands, number one, Coca-Cola Bottling is the company that really helped to jumpstart the city.

Recruitment 147

Recruitment Engineering Banking Investing 147

Good Financial Cents

SEPTEMBER 29, 2022

However, by doing a little math, you can easily determine your hourly wage from your annual salary. Calculate the number of hours you work in a year: 40 Hours per week X 52 weeks = 2080 Hours per year. Here’s a state-by-state list of after-tax salaries in 2022, based on a gross amount of $55,000. 55K a Year Is How Much an Hour?

Budgeting 64

Budgeting Taxes Transportation Insurance 64

The Big Picture

JULY 4, 2023

2022 was certainly a challenging year for a lot of the hedge fund industry and it really separates the winners from the also-ran. And number two, it may interest you to know, here are four or five different funds in the same situation. These are big numbers. And I realized I have his home number. RITHOLTZ: Wow.

Management 147

Management Recruitment Numbers Banking 147

Validea

JUNE 14, 2023

The Math Behind the Growth Let’s take a step back and think about what it would take for a company like Apple to reach a $10 trillion market cap. trillion, and by the end of 2022, it had soared to $40.5 With a current market cap of $2.8 trillion as of today, this would require an approximate increase of 3.6

Math 52

Math Accounting Investing Investments 52

Clever Girl Finance

OCTOBER 17, 2023

When it comes to your financial health, your income is one of the most important numbers in the equation. How might this number be affected in a freelance job? Let’s start by looking at the numbers in their simplest form. Now, let’s crunch some of the other numbers… $45k a year is how much… Total (gross) pay Hourly $21.63

Taxes 52

Taxes Numbers Math Budgeting 52

The Better Letter

FEBRUARY 8, 2024

Subscribe now Share The Better Letter Get more from Bob Seawright in the Substack app Available for iOS and Android Get the app TRIGGER WARNING: I’m going to do some sports math nerding-out this week. Irrelevant” in 2022 – the 262nd and last player taken in the NFL Draft. Brock Purdy was “Mr.

Numbers 91

Numbers Education Management Math 91

The Big Picture

SEPTEMBER 3, 2024

Heather comes from with a fascinating background, having previously been in a number of other places, most notably Morningstar, and, and she has a very specific approach to investment management and thinking about stock selection. They do a number of things at Diamond Hill that many other investment shops don’t.

Investing 147

Investing Investments Management Valuation 147

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 was employee number 10. RITHOLTZ: Which is really a pretty big number. BERRUGA: Yeah.

Clients 162

Clients Investing Investments Management 162

Random Roger's Retirement Planning

FEBRUARY 8, 2023

Here are some other numbers compared to the S&P 500 and VBAIX which is a proxy for a 60/40 portfolio. The way the math works, a 67% allocation to NTSX replicates 100% into a 60/40 portfolio which leaves 33% left over to do something. In 2022, VBAIX was down 16.87% while Portfolio 2 was only down 10.77%. Not exactly.

Portfolio 40

Portfolio Math Management Investing 40

Sara Grillo

JUNE 12, 2023

Quick math: If you have $1.828 million in the bank. And , you have to do the math by hand. The New York Court of Appeals Constitutionally affirmed Reg 187 in October 2022. There is an admin charge of about $49k. There is an insurance charge of about $246k. There is an amount credited of about $348k. Here’s another example.

Insurance 59

Insurance Clients Financial Advisor Math 59

Brown Advisory

JANUARY 17, 2024

We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. We have both of these potential investments on our Ready-to-Buy list, and both had gotten to within 10% of prices where we thought they represented very good value in the past few years (Nvidia in Oct 2022, Novo Nordisk in Dec 2020).

Investing 52

Investing Investments Portfolio Compliance 52

Gen Y Planning

AUGUST 1, 2022

A 2022 Houzz & Home survey uncovered that homeowners who plan on high-budget renos plan to spend $75,000 on their projects. Let’s bring in some numbers. That requires a little more math (or a HELOC calculator , whichever you prefer). If your number is too high, you may not be eligible to take on more debt.

Planning 52

Planning Numbers Banking Math 52

Zajac Group

AUGUST 11, 2022

If the math suggests buying additional shares is the best bet, it may seem like a no-brainer to do so. Bear that in mind as we walk through the numbers and theories involved. In 2022, these rate tiers were 0%, 15%, and 20% (not including potential net investment income tax). Is this something you would be comfortable with?

Taxes 52

Taxes Sales Numbers Investing 52

Good Financial Cents

MARCH 15, 2023

Despite declining overall employment numbers in the field, there are close to 400,000 job openings annually for customer service representatives, according to the Bureau Of Labor Statistics – a testament to how critical the industry is to the U.S. You must also possess solid math and cash-handling skills and be able to multitask.

Communication 69

Communication Education Retail Banking 69

Random Roger's Retirement Planning

JULY 1, 2022

We dove in on the math at my old URL (sad story, no longer exists) and the math checks out. The benefit comes in a year like 2022, both managed futures funds are up 17% versus down 20% for the S&P 500. A long time ago I wrote about a portfolio concept derived by John Serrapere called 75/50.

Portfolio 40

Portfolio Math Management Clients 40

The Big Picture

JANUARY 9, 2024

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like that solves like a number of issues.

Retail 130

Retail Banking Math Management 130