The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. I didn’t know what any of these terms meant. Capital rules were changing. Risk appetite was changing.

Assets 299

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FMG

DECEMBER 22, 2022

I couldn’t pass up on the one-click compliance! I was considering building my own with a regular web designer, but as a solo advisor, I just don’t have time to get every single edit approved through compliance before going live. I create a lot of content and didn’t want “submitting things to compliance” to become a time suck.

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The Big Picture

SEPTEMBER 19, 2022

And from a public market, that sounds like it’s a compliance and conflict nightmare. And you know, the only thing math works on recognition by peers, and there’s some prizes. And yet, the amount of math that’s been produced over the last, you know, few decades is just mind-blowing extraordinary.

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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. And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. Learn math, learn history.

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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. It was just a struggle from day one, particularly in the regulatory environment that is the securities business between lawyers and compliance people.

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Good Financial Cents

DECEMBER 19, 2022

When you actually do the math, traditional braces or Invisalign can easily cost $24,000 or more for four kids! With proper care and compliance, though, Invisalign can give you a beautiful, straight smile. Keep in mind that many of the orthodontists we spoke to for this story stressed the need for compliance when it comes to Invisalign.

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Insurance Planning Medical Accounting 84

Brown Advisory

JANUARY 17, 2024

We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. 12 At Intuit’s Investor Day in September last year, management highlighted the maths within their QuickBooks SME accounting software franchise, whereby any improvement in the success rates (i.e.

Investments 52

Investments Investing Portfolio Compliance 52

Sara Grillo

JUNE 12, 2023

Quick math: If you have $1.828 million in the bank. And , you have to do the math by hand. Now, quick math, if you have 128 million in the bank in your Christmas or Hannukah Club, and the bank is going to credit you 5% on your money 0:18:18.4 There is an admin charge of about $49k. There is an insurance charge of about $246k.

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Insurance Clients Financial Advisor Math 59

The Big Picture

DECEMBER 6, 2022

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I remember telling myself, why would anyone invest in mutual funds when you can buy an ETF instead? BERRUGA: Yeah.

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Clients Investing Investments Management 162

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. So any compliance people listening, I’m just spitballing here. That’s Barry saying it.

Assets 173

Assets Management Portfolio Marketing 173

The Better Letter

JUNE 23, 2022

Make Fewer Decisions It’s simple math. Our tendency is to enforce compliance with “the list” rather than solve problems. Subscribe now Share The Better Letter Read The Better Letter in the new Substack app Now available for iOS Get the app Thanks for reading.

Numbers 52

Numbers Accounting Insurance Math 52

The Big Picture

FEBRUARY 13, 2023

Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? RIEDER: Well, first of all, anything I tweet goes through legal and compliance before it gets out there, first part. How are we doing in literacy versus math versus science? I use immense amount of data and analysis.

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The Big Picture

SEPTEMBER 10, 2024

So that’s the math. You have to get compliance. So when the fed starts cutting, multiples usually go down and there’s just not enough earnings growth to offset a 10 to 15% multiple contraction between here and the end of the year. We have like 8% growth built in for next year’s earnings growth.

Valuation 162

Valuation Clients Investments Investing 162

The Big Picture

AUGUST 15, 2023

Let me say what your compliance wouldn’t allow you to say. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. And at the time, I was managing Protege Partners as a hedge fund of funds. We were short subprime mortgages with John Paulson.

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Management Investing Investments Government 130

Sara Grillo

MAY 8, 2023

BOBBY SAMUELSON: Which is what the financial advisors typically see is just a forward projection of this monthly cycle recurring over and over and over, over again.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

MARCH 27, 2023

There are a ton of expenses, and they’re getting higher with compliance and marketing and reporting and investor relationship, et cetera. MIELLE: And they’re incentivized to advise you to put your money with the safe first, all-in-one shopping, you know, very well staffed compliance-wise, investor relation-wise companies.

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Assets Investing Investments Management 285

The Big Picture

JANUARY 24, 2023

RITHOLTZ: So it’s different math then I need 100x winner versus 99? RITHOLTZ: So I know we’re not going to talk about performance and returns because of the normal compliance headaches. We’ve never had a business — again, go out of business or not paying interest payment. KLINSKY: Yeah.

Investing 263

Investing Investments Numbers Banking 263

Carson Wealth

FEBRUARY 5, 2024

By my math, there have been 57 Super Bowls and 22 different winners. Compliance Case # 02101272_020524_C The post Market Commentary: January Gains, Jobs Report Both Bullish for Markets appeared first on Carson Wealth. In fact, the only time stocks were lower was in 2015, when the full year ended down by 0.7%, so virtually flat.

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Marketing Marketing Economy Manufacturing 97

The Big Picture

JULY 29, 2024

00:10:47 [Speaker Changed] So in the additive services that Orion offers now are financial planning, compliance, CRM services, risk and analysis portfolio construction and advisor portal and investor portal. You know, don’t be overwhelmed by the, the vocabulary or the math or things that frighten people away from the industry.

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Clients Portfolio Financial Advisor Investments 147

The Big Picture

JUNE 27, 2023

And so it’s one of these things that math works. Tell us about Math for America that seeks to improve math education in US public schools. BORISH: So Robinhood Foundation, Math for America, those are the two not-for-profit boards that I sit on. So we’ve done two things at Math for America.

Math 147

Math Risk Management Marketing Marketing 147

The Big Picture

MARCH 21, 2023

ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. My mom was a math teacher so — RITHOLTZ: Okay. ASNESS: Yes.

Valuation 173

Valuation Investments Investing Numbers 173

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. 00:01:29 [Barry Ritholtz] I I, I try not to butcher people’s names, but let’s talk a little bit about your, your background.

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 know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. You learn the math that can help you with, with market making operations.

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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

MAY 16, 2023

Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. So this is the math that I applied. So think about this, do the math. LINDZON: But that math, if you really put it in a calculator … RITHOLTZ: Becomes a problem. RITHOLTZ: I have a behavioral finance list.

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Media Investments Investing Valuation 290