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10 Biggest Ideas in “How NOT to Invest”

The Big Picture

That insight greatly simplified my task of making the book both fun to read and helpful for anyone interested in investing. Here is a broad overview of each of the 10 main sections, which can help you quickly grasp the key ideas in the book. We evolved in an arithmetic world, so we are unprepared for the exponential math of finance.

Investing 317
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Personal finance links: inevitable course corrections

Abnormal Returns

ritholtz.com) Jon Luskin talks with Mike Piper about his new book "More than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More Than You Need." awealthofcommonsense.com) Home buying math is bad right now, but will it be any better a year from now? sapientcapital.com) 529 Plans, 101.

Math 245
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MiB: Jeffrey Sherman, DoubleLine Deputy CIO

The Big Picture

We discuss how he began as a math major but didn’t want to go into physics, engineering or academia, so finance was the next logical career option. Be sure to check out our Masters in Business next week with Peter Mallouk, CEO of Creative Planning, which manages over $300 billion in client assets.

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Catastrophizing Debt

The Big Picture

I’m deep in my book writing work discussing federal debt when I see a tweet that simply epitomizes the entire genre. Too many of us adopt A self-assured, know-it-all persona because we know the investing public prefers that to learn the truth: nobody knows anything, and the future is inherently unknown and unknowable.

Economy 347
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At The Money: Behavior Beats Intelligence

The Big Picture

Morgan Housel Finance types tend to focus on attributes like intelligence, math skills and computer programming. The book has received widespread acclaim for its insightful approach. It seems obvious we should have a long term perspective in, in financial planning and investing. He is the author of “The Psychology of Money.”

Math 273
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Retirement Algebra, Solving For U

Random Roger's Retirement Planning

I understand the difficulty of that one but if you're 50, overweight and taking a half dozen medications, you should plan on health stuff being very expensive. I've said many times that I plan to wait until 70 and that I think my wife should take hers at the same time which would be 64 and 2 months. number for her.

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Transcript: Linda Gibson, CEO PGIM Quantitative Solutions

The Big Picture

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130