The Big Picture

FEBRUARY 17, 2023

Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. trillion in assets. Most economic downturns hit lower-income Americans hardest, but this time is different.

Math 290

Math Advertising Food Retail 290

The Big Picture

MAY 19, 2023

How bad at math do you need to be to think that it’s only 5 stocks driving this market? American household debt may be at record highs, but so too are Assets and Incomes + the ratio between debt + income is near record lows. Only 5 stocks driving markets?! Then why are Equal-weighted indices doing so well? Recession is inevitable?

Marketing 289

Marketing Marketing Math Media 289

The Big Picture

JUNE 24, 2023

You need to understand how math, statistics and probabilities work. You need an understanding of how the different asset classes behave from a risk and reward perspective. To be a successful investor you need to possess a number of different traits.

Math 268

Math Advertising Financial Advice Assets 268

A Wealth of Common Sense

JUNE 20, 2023

You need to understand how math, statistics and probabilities work. You need an understanding of how the different asset classes behave from a risk and reward perspective. To be a successful investor you need to possess a number of different traits. You also need a deep understanding of financial market history from booms to.

Financial Advice 145

Financial Advice Math Economy Financial Market 145

Abnormal Returns

MAY 14, 2023

businesswire.com) Top clicks this week What's the best asset to hold during a recession? wealthmanagement.com) The math behind savings rates and retiring early. Also on the site Everybody is a creative, whether they acknowledge it or not. abnormalreturns.com) FutureProof announced the first 50 speakers including the musical acts.

Math 159

Math Portfolio Retirement Banking 159

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. She can go anywhere, do anything.

Assets 147

Assets Management Investments Investing 147

A Wealth of Common Sense

NOVEMBER 8, 2022

The most important skill in finance has nothing to do with math. Creating the best discounted cash flow models in the world won’t help you raise assets from prospective clients. No one really cares about your Microsoft Excel skills if you can’t explain what they’re good for.

Math 143

Math Assets Clients 143

The Big Picture

NOVEMBER 27, 2023

Low Stakes : The most successful market timers are often those people who do not have actual assets at risk. 24, 2023 _ 1: In particular, why average outperforms over the long run; Sommers credits not making errors (via Charlie Ellis’ “Winning the Loser’s Game”) but the nuance and math are fascinating. It’s utterly laughable.

Marketing 304

Marketing Marketing Math Retirement Planning 304

The Big Picture

DECEMBER 4, 2024

The fund runs 15 ETFs and manages nearly 3 billion in assets. And the way math works, you end up with a stock that goes up a bunch. The last one of these they did for an asset manager had 5, 000 accounts. We’ve done the math on some of these high-yield portfolios and taxable accounts.

Taxes 130

Taxes Portfolio Accounting Management 130

The Big Picture

JULY 20, 2023

My obvious bias is that my advisory firm charges clients to create financial plans and manage their assets. But just do the math: Would you prefer to give up 67 basis points (RWM’s dollar-weighted average fee is ~0.67%) or would you prefer to give up 30% of your gains PLUS pay an annual 0.79% fee for the TJUL ETF? for SPY.

Financial Planning 186

Financial Planning Math Assets Management 186

Random Roger's Retirement Planning

MARCH 20, 2023

We've been seeing a small wave of multi-asset funds that use leverage coming to market lately. The way the math works, a 67% allocation to NTSX (Portfolio 2 with 33% in the T-bill ETF) equals 100% in Vanguard Balanced Index Fund (VBAIX) which is a proxy for 60/40 and Portfolio 3. It is 90% equities and 60 bonds.

Assets 74

Assets Portfolio Math Management 74

The Irrelevant Investor

JANUARY 1, 2018

The biggest public pension in the United States has just 68% of the assets it needs to pay for future benefits. billion in assets, has a target allocation of 50% to stocks and 28% to bonds, leaving the remaining 22% invested in things like real estate, private equity and other alternative investments.

Math 40

Math Valuation Assets Investing 40

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

The Big Picture

FEBRUARY 10, 2023

trillion in fixed-income assets as a member of BlackRock’s Global Operating Committee and is Chairman of the firm-wide BlackRock Investment Council. Business Insider ) • Stop treating unemployment as a necessary evil to curb inflation : An economist explains why it’s time to rethink popular assumptions about layoffs. (

Math 173

Math Engineering Manufacturing Investing 173

Advisor Perspectives

OCTOBER 30, 2023

I analyze the math of annuity income riders and how you pay the insurance company to draw down your own assets. It is highly unlikely the insurers will pay a dime, which makes those riders questionable.

Math 73

Math Insurance Assets 73

The Richer Geek

DECEMBER 29, 2021

So, for this reason, blockchains are said to be very secure, very tamper-evident, and thus somewhat tamper-resistant” “What gives any asset value I would say at the very fundamental level is trust, people's trust in the asset that it's worth something that it has some use.

Assets 52

Assets Investments Investing Math 52

Nerd's Eye View

FEBRUARY 21, 2023

Danqin is a Lead Advisor for Austin Asset, an independent RIA based in Austin, Texas that oversees more than $1.3 billion in assets under management for nearly 400 client households. Welcome back to the 321st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Danqin Fang.

Financial Advisor 130

Financial Advisor CFP Financial Planner Education 130

Diamond Consultants

OCTOBER 10, 2023

For instance, they bill on ALL assets (including 401ks not custodied at their firm) and get paid on all accounts regardless of size. Plus, they’re flexible with how they price relationships including planning retainers and subscription fees.

Math 52

Math Recruitment Consulting Clients 52

Clever Girl Finance

FEBRUARY 6, 2023

The term personal finance ratios might be giving you flashbacks to math class. Liquidity ratio Formula: Liquid assets divided by monthly expenses The liquidity ratio is one of the personal finance ratios that is closely tied to your emergency fund since they both revolve around the idea of liquidity. Is it an asset or a liability ?

Numbers 109

Numbers Assets Retirement Budgeting 109

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. Eventually leading her to a point where she’s managing quants, running about a hundred billion dollars in assets. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. But that was Linda’s career path.

Math 130

Math Management Insurance Assets 130

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

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

Clever Girl Finance

JANUARY 29, 2023

What's included with net worth Net worth includes your assets and your liabilities. Subtract your liabilities from your assets to get your net worth. Your assets include everything from the cash in your bank accounts to the value of your stock portfolios and the market value of anything tangible that you own such as a house or a car.

Budgeting 119

Budgeting Retirement Assets Education 119

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

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. Having that much in asset classes that are intended to not look like equities should mean that the long term result won't look anything like the stock market. This is why we talk about taking bits of process from various sources.

Asset Allocation 74

Asset Allocation Math Portfolio Assets 74

Random Roger's Retirement Planning

JUNE 30, 2024

We've gone over the math before that starting as late as 55 can catch a lot of the way up if they can afford to save a very high percentage of their income. Smart Asset calculates $70,000 gross income working out to $57,187 after tax. It is pretty clear that all age cohorts are woefully undersaved but, yeesh, I don't know about that.

Retirement 75

Retirement Math Taxes Accounting 75

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

Discipline Funds

MARCH 28, 2025

We’d have to tax ~85% of imports to cover that, but that would also reduce imports so it’s unrealistic and the basic math doesn’t come close to working. If we talk about net cash flows to foreigners and government liabilities then let’s also look at domestic cash flows and domestic assets. CR: The govt makes $2.5T

Taxes 102

Taxes Government Manufacturing Portfolio 102

MainStreet Financial Planning

JUNE 28, 2024

A parent owned 529 plan will get counted as a parent asset on the FAFSA, aid will be reduced by 5.64% of the account value. Let’s work out the math, if you have $100,000 in a parent owned 529 plan, then student aid will be reduced by $5,640, over 4 years that is over $20,000!

Planning 62

Planning Math Accounting Education 62

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. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature.

Clients 299

Clients Wealth Management Banking Investments 299

Clever Girl Finance

OCTOBER 20, 2022

Importantly, liquid net worth is different than your overall net worth because it only takes your liquid assets into account. In other words, while your net worth is the complete value of all your assets (i.e., what you owe), the liquid amount you own is only the total value of your liquid assets minus your liabilities.

Assets 59

Assets Accounting Math Portfolio 59

Darrow Wealth Management

OCTOBER 1, 2022

Using extra income or savings to pay down a mortgage faster moves your most liquid asset (cash) into a very illiquid asset (your home). However, if the goal is to pay off a mortgage before retirement to spend would-be mortgage payments on other things during retirement, the math may not work out.

Retirement 96

Retirement Taxes Math CFP 96

Discipline Funds

AUGUST 15, 2023

But the math starts to change substantially when yields are 4.2% You use bonds to create certainty across specific time horizons whereas you use stocks and real assets to protect you from inflation across longer time horizons. This is the worst of all worlds because you had high interest rate risk and a low starting yield.

Math 98

Math Government Assets Marketing 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

Random Roger's Retirement Planning

JULY 27, 2022

In my ongoing quest to redefine portfolio construction, I've mentioned labeling asset classes based on their attributes versus just their proper names like growth which could include more than just equities or inflation protected which could include more than just TIPS and so on. It's multi-asset and multi-strategy.

Portfolio 96

Portfolio Clients Assets Math 96

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 Investments Investing 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