The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. Everyone wants to — which is so intuitive now, but we became a lot more tactical with some of our allocations. Of course, we have strategic asset allocations, strategic portfolios.

Clients 299

Clients Wealth Management Banking Investing 299

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. It depends on your asset allocation.

Assets 147

Assets Management Investing Investments 147

Yardley Wealth Management

JULY 20, 2022

We’d look at the asset allocations of their portfolios and whether they’re tax-deferred, tax-exempt, or taxable. The math is the easy part, but James and Pamela have never really had a conversation on what their dream will look like—or even to what extent they both share it. So—problem solved, right? Well, actually, no.

Retirement Planning 52

Retirement Planning Budgeting Retirement Wealth Management 52

The Better Letter

OCTOBER 5, 2023

This math explains why we shouldn’t be surprised when the market remains “irrational” far longer than seems possible. Common sense on “book banning.” His paper describing the experiment is here , or, you may read about it in his new book. In fact, much of what happens is highly improbable.

Insurance 114

Insurance Food Asset Allocation Retirement 114

The Big Picture

AUGUST 20, 2024

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 forget that there weren’t personal computers on everybody’s desk back then.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

AUGUST 29, 2023

So there’s been a big push for folks to get the appropriate level of asset allocation in a highly diversified, low cost way. So what was challenging for me was like, actually, when we moved to the US when I was seven years old, I was always good with math, but my English was below average. Let’s talk about books.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

MARCH 12, 2024

So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss. They’re asset allocation model driven folks. But I recently was given a book, and I read it, it’s a companion of essays called A City is Not a Tree. It was written in 1965.

Banking 147

Banking Marketing Marketing Investing 147

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. And, and that book is just absolutely a, you know, a, a gem, a Wall Street classic for sure. Let’s talk about books.

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. In fact, I once found a very similar quote in a, in an investment book from the 1980s.

Portfolio 147

Portfolio Management Marketing Marketing 147

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.

Math 147

Math Marketing Marketing Engineering 147

The Big Picture

JUNE 20, 2023

Her last book was a bestseller, “Reckless Endangerment” is all about the mortgage crisis. The current book is called “These Are the Plunderers, How Private Equity Runs and Wrecks America” That’s a little bit of a sensationalistic headline. “Hey, I’m going to write a book in 40 years.”

Insurance 147

Insurance Healthcare Retail Medicine 147