The Big Picture

MARCH 31, 2023

Real Estate Bust Exposes Big Divide At the heart of the country’s economic and social crisis is a broken housing market, which has amplified social divisions. trillion asset manager of TIAA. trillion asset manager of TIAA. The Guardian ) • What Broke Sweden? Churchill was the top U.S.

Banking 162

Banking Math Distribution Investment Advisor 162

Mish Talk

NOVEMBER 11, 2022

Tron Ready to Aid FTX Math Doesn't Add Up I have a suggestion: Get the F out of Tron What About FTX Arena? More importantly, if you have assets in any of the remaining crypto exchanges, it's better to be safe than sorry. An Illegal boost to TRX, BTT, JST, SUN, and HT? Big Boost to TRX? I do not see that spike in Tron. Get out now!

Math 158

Math Assets Economics 158

Discipline Funds

MARCH 6, 2024

QE is an asset swap as I’ve explained many times in the past. The reason this doesn’t have a huge impact on inflation is because there’s no reason for consumers to materially change their spending patterns just because they change a safe high yielding asset into a safe low yielding asset.

Banking 118

Banking Government Economy Assets 118

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. I like as a real estate person, you walk through your assets, you can touch and feel things. Essentially you buy assets. It could be all kinds of assets. I knew I wanted to do something in business.

Assets 264

Assets Investments Investing Management 264

The Irrelevant Investor

NOVEMBER 11, 2018

By Nick Maggiulli The fact that high beta firms tend to have lower quality and higher financial leverage is perhaps one good reason why the outperformance in bull markets is more than erased during bear markets By David Varadi Real math is painfully precise. Investment finance math is sales math.

Math 52

Math Economics Economy Numbers 52

Discipline Funds

MARCH 28, 2025

And this concern was confirmed on Thursday evening when Lululemon warned that economic uncertainty was leading to softer than expected consumer spending. Of all the silly discussions that I’ve had over the years regarding economics I have to say that the tariff discussion is among the very silliest. 2) Tariffs 101.

Taxes 102

Taxes Government Manufacturing Portfolio 102

The Big Picture

NOVEMBER 15, 2022

You can go get some turnkey asset management program. We’re in the business of sitting in between asset owners, financial advisors, institutions, retail and asset managers, right, the BlackRock, State Street, PIMCO’s of the world, and helping them understand each other. That is a mug’s game, right?

Management 278

Management Assets Portfolio Investing 278

Mish Talk

DECEMBER 12, 2022

Someone do the math for me. How much will Michael Saylor be worth? Oh, one more small thing. Governments can do nothing about this. It's guaranteed. The Crypto Crash and Why It's Impossible For "You!"

Numbers 130

Numbers Math Insurance Government 130

The Big Picture

MARCH 20, 2024

Full transcript below. ~~~ About this week’s guest: Jim O’Shaughnessy, former chairman and founder of O’Shaughnessy Asset Management (now part of Franklin Templeton) and author of the New York Times bestselling book, “What Works on Wall Street” — the first quantitative investing book available to the general public.

Investments 162

Investments Investing Portfolio Valuation 162

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 204

Banking Government Insurance Taxes 204

The Big Picture

SEPTEMBER 12, 2022

They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors.

Clients 299

Clients Wealth Management Banking Investments 299

Carson Wealth

MARCH 2, 2023

Often, they have built exceptionally successful careers and saved substantial amounts in various asset classes. Having a good-sized pool of liquid assets is important so you can preserve your capital rather than making withdrawals during an ongoing market downturn, which can have a damaging impact.

Retirement 98

Retirement Taxes Accounting Financial Advisor 98

Darrow Wealth Management

MAY 22, 2023

So when the federal funds rate goes up, it can have an outsized impact on shorter term interest rates on assets like Treasury bills (T-bills). Again just using simple math, this presumes the par value will roll over each month and reinvest at the same rate to get to the annual yield. Compare that to the stated yield of 5.6%

Investments 102

Investments Investing Accounting Wealth Management 102

The Big Picture

MAY 30, 2023

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Banking 147

Banking Economics Business Planning Economy 147

Investing Caffeine

FEBRUARY 1, 2022

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. most people should at least own some bonds), even if bonds are currently very expensive relative to other asset classes (see Sleeping on Expensive Financial Pillows ). Source: Calafia Beach Pundit.

Math 52

Math Assets Investing Investments 52

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. Then what enables that you have to have some asset ability capability that competitors can’t equally duplicate. Finance was the natural fit for GMO.

Valuation 130

Valuation Investments Investing Assets 130

The Better Letter

MAY 13, 2022

For math, she teaches the advanced class — the top students in the school. The class had a party recently as a reward for winning a national math competition. – to stay in and play math games at the party instead of more traditionally “fun” activities, inside or out. It is a very bright group.

Math 52

Math Economics Marketing Marketing 52

Nationwide Financial

SEPTEMBER 12, 2022

Other risk assets are rallying, including Bitcoin gaining 15% since last Tuesday. The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. This is causing the euro to rally against the dollar.

Retail 52

Retail Math Banking Economics 52

The Big Picture

SEPTEMBER 3, 2024

A bachelor’s in economics from Northwestern and then an MBA from University of Chicago. So, so you’ve held analyst roles and a number of asset managers. And so I had a lot of contacts in Australia at that point, and one of them was the CEO of what was at the time called Colonial First State Global Asset Management.

Investments 147

Investments Investing Management Valuation 147

The Big Picture

JULY 19, 2022

And when I was studying in university economics, I did not really get the passion. You mentioned in the beginning of the book lower asset yields and richer asset prices have pulled forward future returns. My really first stroke of luck, I think, was getting that job. RITHOLTZ: Really quite interesting. Explain that.

Investing 130

Investing Investments Valuation Portfolio 130

Trade Brains

DECEMBER 7, 2023

The topics covered are personal finance math, retirement problems, introduction to mutual funds, the concept of fund & NAV, equity schemes, debt funds, investing in bonds, index funds, rolling returns, Exchange-traded funds(ETF) and basics of macroeconomics. You can enroll in the course here.

Budgeting 59

Budgeting Certification Education Asset Allocation 59

Sara Grillo

MAY 16, 2022

Evanson Asset Management. Asset tiers include all accounts in a household combined and the minimum yearly fee is $550 per household. When a client has $1,000,000 in assets to manage, a fee of $5,940 annually would be 0.59% of their assets. . $89 per month. 450 start up. 139 per month. Firstmetric. Jon Luskin, CFP.

Financial Advisor 52

Financial Advisor Financial Advice Financial Planner Assets 52

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.

Valuation 162

Valuation Clients Investing Investments 162

The Big Picture

NOVEMBER 22, 2022

And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. RITHOLTZ: So generally speaking, alternative assets, that’s a tough gig to get into regardless of where you go to school. First, you identify really good talent, right?

Recruitment 147

Recruitment Engineering Banking Investments 147

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. Even worse, our economic and market models typically assume a “mild randomness” of market fluctuations. In fact, much of what happens is highly improbable. But we are.

Insurance 114

Insurance Food Asset Allocation Retirement 114

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. And suddenly you could buy index funds that cover all of the major asset classes. And I think it partly depends on the economic comfort in which you grew up.

Investing 147

Investing Investments Management Retirement 147

The Big Picture

AUGUST 29, 2023

So a variety of risk meetings, a variety of economic meetings. So there’s been a big push for folks to get the appropriate level of asset allocation in a highly diversified, low cost way. I got to imagine a year like 2022 wasn’t horrible for Vanguard’s asset growth. RITHOLTZ: Hey, you get your money back.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

OCTOBER 17, 2023

I want to get into that before we start talking about asset management. A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. So I, I did a math degree at Oxford, which is more pure math. So I, I did a math degree at Oxford, which is more pure math.

Investing 130

Investing Investments Clients Management 130

The Big Picture

AUGUST 15, 2023

So if you start with the S&P 500 or in this case stocks and bonds, you only have two asset classes, right. So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. If you look at the types of assets that Yale invests in, you can create a benchmark for each pool.

Management 130

Management Investments Investing Government 130

Brown Advisory

AUGUST 1, 2018

That compounding is the power of putting your money into the productive assets of businesses within the American system. In contrast, Buffett cited gold as the asset people often turn to when they are worried about the future, but gold is an unproductive asset, it just sits there doing nothing. stocks, the productive asset!

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

That compounding is the power of putting your money into the productive assets of businesses within the American system. In contrast, Buffett cited gold as the asset people often turn to when they are worried about the future, but gold is an unproductive asset, it just sits there doing nothing. stocks, the productive asset!

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

JUNE 16, 2022

Long duration assets are losing favour given higher rates act like gravity on the price of securities whose intrinsic value is based on cash flows generated further into the future. Specifically, economics has a half-life of 9.4 Maths has a long half-life and a DCF correctly done accounts for inflation.

Investing 52

Investing Investments Accounting Valuation 52

Brown Advisory

MAY 3, 2018

MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. It should not be assumed that investments in such securities or asset classes have been or will be profitable. All charts, economic and market forecasts presented herein are for illustrative purposes only.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

MAY 3, 2018

Simple math dictates that when yields rise, fixed-rate bond prices fall. It should not be assumed that investments in such securities or asset classes have been or will be profitable. All charts, economic and market forecasts presented herein are for illustrative purposes only. MUNICIPALS AND RISING RATES.

Taxes 52

Taxes Portfolio Valuation Clients 52

Mr. Money Mustache

MAY 20, 2022

Which has in turn triggered the more skittish stock investors to run for the exits and completely change their view of our economic future, flooding the financial news with red ink and scary headlines. Now that we’ve covered the background, we can get into some better news: This is all a normal, healthy part of the economic cycle.

Marketing 53

Marketing Marketing Retirement Investments 53

The Big Picture

NOVEMBER 21, 2023

He said, I overpaid for the asset. 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.

Investments 246

Investments Investing Startup Accounting 246

David Nelson

NOVEMBER 20, 2023

Big Tech’s Market Influence Walmart’s Earnings Report as an economic indicator Small Cap Stocks – Is this the beginning of a sustained rally? So here we are in November, on the heels of a better than 10% rally that lifted all asset classes. Do the math. Good news is bad news. Were the pundits finally right?

Economy 52

Economy Retail Sales Math 52