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, like the, you know, like the accounting standards.

Banking 130

Banking Retail Math Management 130

The Big Picture

AUGUST 20, 2024

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. Now, I don’t believe the market structure is subject to the same risks as a single inverse trading instrument, but he makes a really compelling case for this is important. With no further ado, my discussion with simplifies Mike Green.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

NOVEMBER 15, 2022

So if you’re an advisor, and I spend most of my time talking to the wealth management institutional business, if you’re an advisor, you should not be spending a lot of your time trying to add alpha through understanding investing better than the rest of the market. You can go get some turnkey asset management program.

Management 278

Management Assets Portfolio Investing 278

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. ADMATI: OK.

Banking 204

Banking Government Insurance Taxes 204

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. However, as Mandelbrot is careful to emphasize, it is empty hubris to think that we can somehow master market volatility. In fact, much of what happens is highly improbable. But we are.

Insurance 114

Insurance Food Asset Allocation Retirement 114

The Big Picture

SEPTEMBER 10, 2024

I didn’t think I would be necessarily doing what I’m doing today, but I knew that I was gonna be interested in financial markets of some kind, and I think I probably ended up in the right place. And that should tell you whether or not an asset’s probably going to be appreciating or depreciating.

Valuation 162

Valuation Clients Investing Investments 162

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 if you look at the s and p today, 50% of it is asset light, innovation oriented healthcare and tech. What was the career plan?

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

NOVEMBER 23, 2024

New York Times Magazine ) • Wall Street Math Wizards Are Decoding Private-Market Returns : A small band of quants is shining a light into the shadowy world of unlisted assets. He is the portfolio manager of the Return Stacked ETF Suite, manging 800 million in ETF assets. Try these 15 factors instead. (

Food 162

Food Math Assets Media 162

The Big Picture

OCTOBER 10, 2023

Because he was all sure he was a totally isolated math. So, so he’s brilliant at math. He goes to m i t to study, study physics and math. So brilliant enough so that sure, he goes to math camp in the summer and find, kind of finds his tribe. But in math camp, he’s not the best. And the Undoing project.

Math 162

Math Numbers Marketing Marketing 162

The Big Picture

FEBRUARY 17, 2025

But also thinking about at the market level as a whole, as we think about the aggregate market participants, how we can exploit some of those biases to generate alpha. And to round out your background, you spend time at Alliance Bernstein, JP Morgan Asset Management and Morgan Stanley. Heading into the financial crisis?

Investing 147

Investing Investments Economics Management 147

The Big Picture

APRIL 8, 2024

I’d been ranked i i back in the seventies, if you can do the math. It’s not as, as strong as your business in the asset management business. Hustle was managing institutional right assets. And, and business cycle, you know, part of the business cycle are the financial markets. Your side hustle.

Economy 147

Economy Clients Banking Economics 147

The Big Picture

JUNE 3, 2024

He really is one of the most knowledgeable people in this space, and not just knowledgeable in the abstract, but helping to oversee just about a hundred billion dollars in client assets. So how Barry Ritholtz : Do you go from a PhD program to financial engineering masters? The, the math came easier. Barry Ritholtz : So funny.

Math 147

Math Marketing Marketing Engineering 147

The Better Letter

JANUARY 2, 2025

That’s because, at best , complex systems – from the weather to the markets – allow only for probabilistic forecasts with very significant margins for error and often seemingly outlandish and hugely divergent potential outcomes. Chaos theory establishes as much. 2024 wasn’t any different. .”

Management 103

Management Marketing Marketing Economics 103