The Big Picture

MARCH 20, 2024

At the Money: Benefits of Quantitative Investing (March 20, 2024) Throughout history, investing has been a lot more “Art” than “Science.” As it turns out, there are ways you can use data to your advantage, even if you’re not a math wizard. We are looking historically at ideas that make economic sense, right?

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The Big Picture

SEPTEMBER 10, 2024

In doing so, I thought this conversation was really quite fascinating, and I think you will also, especially if you’re not only interested in equity, but curious as to how to combine various aspects of market functions, valuation, economic cycle, fed actions into one coherent strategy. But generally starts with the economic cycle.

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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. What, why do we think that is?

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The Big Picture

NOVEMBER 19, 2024

Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. Colin Camerer : And then economics, which I really only took a little bit of, a lot fewer than my peers I later competed with in grad school, was kind of in between like the three little bears, you know, it was, there was, I love that.

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The Big Picture

SEPTEMBER 3, 2024

A bachelor’s in economics from Northwestern and then an MBA from University of Chicago. And so I kind of leveraged that when I went to Morningstar because they’re very focused on quality, the whole concept of economic moats, but also about buying companies when they’re trading at a discount to intrinsic value.

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Mr. Money Mustache

JANUARY 27, 2022

And since 2022 is becoming a year of interesting financial changes, it’s time to spark things up again, go back to our roots, and start covering some of the many subjects that are cropping up in this latest incarnation of our economic world. Then, after that period (February 2024), we can end the support payments.

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The Big Picture

AUGUST 29, 2023

So a variety of risk meetings, a variety of economic meetings. And ultimately we think this is going to allow us to pursue a level of economic growth that continues to give us full employment, moderate price increases.” It’s also being part of the senior team that runs Vanguard, the business of Vanguard, right? RITHOLTZ: Right.

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The Big Picture

JANUARY 16, 2024

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. So with the caveat that Wall Street has been wrong about this for, you know, two or three years, wall Street is now anticipating at least two rate cuts in 2024. And I, I think that I kind of triangulated on it.

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The Better Letter

JUNE 13, 2024

Or perhaps it simply doesn’t fit with our view of the world (or the economic cycle, or the markets, or politics, or, or, or). Moreover, “proof” in science in inductive and doesn’t have the deductive certainty that it can in math. Or it doesn’t come packaged the way we expect or from a source we expect.

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The Big Picture

FEBRUARY 13, 2023

So, listen, you know, I think we’re going to see a rally in interest rates probably in 2024 and ’25, because I think rates will go back, the 10-year Treasury will go back to 2.5 RIEDER: And all of a sudden, you change the economic paradigm so darn fast. How are we doing in literacy versus math versus science? RIEDER: Yeah.

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The Big Picture

JULY 13, 2024

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Jeff Yass Became One of the Most Influential Billionaires in the 2024 : Election The libertarian who turned Susquehanna into one of Wall Street’s most powerful trading firms is enmeshed with TikTok—and betting on Trump.

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The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. I’m going to be skeptical about analyst adjusted earnings and look to free cash flow is a confirming, but, but I also wanna see, is it one of those cases where the analyst adjustments are economically realistic or are they excuses? And the value line has all these statistical patterns.

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The Big Picture

JULY 29, 2024

Also the, the underlying philosophy of that just seems fundamentally wrong from an an economic standpoint. And yeah, here we are in 2024 and it’s still a subject of debate. You know, don’t be overwhelmed by the, the vocabulary or the math or things that frighten people away from the industry.

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The Better Letter

JANUARY 11, 2024

That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. These experts made a living “analyzing” and pontificating on political and economic developments. And lots of surprises.

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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.

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The Better Letter

APRIL 11, 2024

A subsequent “ meta-meta-analysis ” concluded that nearly 80 percent of the reported effects in the empirical economics literature is exaggerated, typically by a factor of two, with one-third inflated by a factor of four or more. The interplay between math and team personnel is part of what makes basketball interesting.

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The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. I’d been ranked i i back in the seventies, if you can do the math.

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The Big Picture

MARCH 12, 2024

So in this, in this context of, of a mortgage now being clear to everyone that this default risk is present, it’s real, and it’s hard to price because following the borrower’s economic profile, there, there are defaults that are related to just life events, but there’s also defaults related to a macroeconomic event.

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The Big Picture

NOVEMBER 16, 2024

New York Times ) • How Big Toilet Paper dupes us all : The wild, nonsensical world of toilet paper math, explained. ( His field of study looks at the interface between cognitive psychology and economics. But the court overseeing the bankruptcy put a hold on the sale pending a hearing next week. (

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The Big Picture

NOVEMBER 21, 2023

So here’s the math, Barry. If you have seven $50 incremental year, then every 10 year old in America, when they enter into the fifth or sixth grade and the teacher says, Hey, today we’re gonna talk about math or compounding or stocks or capitalism, they’ll say, open up. 00:44:49 [Speaker Changed] Correct?

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The Big Picture

MAY 30, 2024

They sent a video from a woman, Wendy Bell, who is incensed at America’s apparent economic collapse. May 20, 2024) Wages & Inflation Since COVID-19 (April 29, 2024) Is Partisanship Driving Consumer Sentiment? That was news to me. Previously : What Is the Consumer Doing…? August 9, 2022) _ 1.

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The Big Picture

OCTOBER 3, 2023

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. 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. Your chief economic advisor to the president.

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The Big Picture

OCTOBER 31, 2022

RITHOLTZ: I’m going to take that bet with you for 2024. RITHOLTZ: Did you see the Liberty Street Economics research paper? This recent paper at Liberty Street Economics blog, which is the New York Fed Research blog, said, “Oh, it turns out that people have adjusted to work from home. They were working longer hours.

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