The Better Letter

MARCH 18, 2025

Bracketology (2025 Edition) As my friend Mark Newfield likes to say , the Forecasters Hall of Fame has zero members. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 Thanks for reading. And he’s right, of course. quintillion.

Numbers 75

Numbers Marketing Marketing Medicine 75

The Big Picture

JANUARY 21, 2025

But the numbers you can’t argue with, I mean, we all know that the brutal math of investing before costs investors collectively will earn the market return after costs. It was just a struggle from day one, particularly in the regulatory environment that is the securities business between lawyers and compliance people.

Investing 147

Investing Investments Management Retirement 147

The Big Picture

SEPTEMBER 10, 2024

So what are your thoughts on the possibility of a recession in 2024 or, or more likely 2025? So that’s the math. You have to get compliance. It’s after the yield curve inversion unwinds and things begin to steepen. We don’t have the answer. We have like 8% growth built in for next year’s earnings growth.

Valuation 162

Valuation Clients Investing Investments 162