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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. I think one analogy here would be think about health and medicine. You have to understand why it’s not just about knowledge, or math or even computer programming, but highly dependent on your behavior.

Math 274
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Transcript: Marcus Shaw

The Big Picture

The Company Lab was the entrepreneurship and economic development center for Chattanooga and the surrounding areas, which include North Georgia, North Alabama, and Southeast Tennessee. RITHOLTZ: What’s some of the economic sectors within that area? RITHOLTZ: Why is it not surprising that a math nerd is also a placekicker?

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Transcript: Ilana Weinstein

The Big Picture

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. Now HBS I think is 52 or 53 percent.

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Transcript: Steve Case

The Big Picture

Recently, more recently, a company in Chicago called Tempus, it got a big data precision medicine to help people who are diagnosed with cancer. The math never seems to work out. RITHOLTZ: I love them. I just flew out JFK. They’re the best. CASE: Yeah. We see it every time, some billionaires’ stadium gets paid for by taxpayers.

Startup 174
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Transcript: Lisa Shalett, CIO Morgan Stanley

The Big Picture

But let’s start with your background in your career, applied mathematics and economics from Brown and then a Harvard MBA. 00:31:40 [Speaker Changed] So there’s the emotions and then there’s the math, right? We’ll, we’ll get into that in a little bit. 00:01:58 [Speaker Changed] I’m just old.

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Transcript: Bill Browder

The Big Picture

in Economics from Chicago and MBA from Stanford. So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. Even if you read both of Browder’s books, you will find something to be amazed at. With no further ado, my conversation with Bill Browder.

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Transcript: Gretchen Morgenson

The Big Picture

But the doctors that I have spoken to in emergency medicine say that’s absolutely not the case. MORGENSON: This is a $64 trillion question, Barry, and I would love for you to ask every State Attorney General, for instance, why haven’t you gone after for-profit medicine? We’re going to help you make more money.

Insurance 148