Random Roger's Retirement Planning

AUGUST 17, 2023

In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else. If a portfolio starts with 40 holdings each with an equal 2.5% Own however many you want of course but the nuisance factor probably starts not much past 30 on the way up.

Numbers 75

Numbers Portfolio Math Portfolio Management 75

The Big Picture

JANUARY 16, 2024

Cathy Marcus : 00:01:56 [Cathy Marcus] And I’m very fortunate that it worked out because there’s no plan B there. I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. I like the idea of kind of urban planning. Urban, urban planning.

Assets 264

Assets Investing Investments Management 264

The Big Picture

FEBRUARY 6, 2024

What, what was the career plan? 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. Dick Mayo was a traditional, I’d say portfolio, strong portfolio manager focused on US stocks.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

DECEMBER 6, 2022

And before that, Morgan Stanley, doing technology and operations planning for the wealth and asset management group. It has to be such a different set, the retirement planning is different, the safety net is different. I think 401(k) plans are starting to use ETFs more broadly. BERRUGA: You know, great question.

Clients 162

Clients Investing Investments Management 162

The Big Picture

AUGUST 20, 2024

What was the initial career plan? Mike Green : Well, the, the initial career plan, actually, so I grew up on a farm in Northern California. My initial career plan was that I was gonna go into science. We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments.

Assets 173

Assets Management Portfolio Marketing 173

Random Roger's Retirement Planning

JUNE 27, 2022

This year, VBINX is down 18% while NTSX is down almost 24%, the math appears to check out. For me, this is all a theoretical exercise but there's a wide contingent of very smart portfolio managers who seem to be all in on this. Does it do what it's supposed to? According to this white paper from ReSolve and Newfound, it does.

Portfolio 40

Portfolio Math Management Investing 40

The Big Picture

AUGUST 29, 2023

But it was a tremendous experience because I had started off in bond trading, worked my way into portfolio management and running the bond indexing team for a number of years, and then I got asked to take this responsibility, which was much broader. DAVIS: That’s exactly it.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. And the division that I was in was below plan. 00:31:27 [Speaker Changed] So, so it sounds like you start out planning on holding to these stocks for a long time. So, so you set to retire as portfolio manager this year, you mentioned your two successors. That was real money.

Management 264

Management Investing Investments Retail 264

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. Was that where you plan to go? And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. You get an MBA at Stanford.

Assets 285

Assets Investing Investments Management 285

The Big Picture

JULY 19, 2022

So, first, I found the book to be quite fascinating, very in depth and you managed to take some of the more technical arcana and make it very understandable. You began as a central bank portfolio manager in Finland. So, that relationship actually already started when I was a portfolio manager, right? ILMANEN: Yes.

Investing 130

Investing Investments Valuation Portfolio 130

Aleph

JANUARY 14, 2023

Picture Credit: David Merkel, with an assist from the YouImagine AI image generator || Boldly flying in front of a stained glass window Portfolio Management Sick of the ups and downs of the markets? Jan 08, 2023 Also, the article is wrong when it states that current math pedagogy favors boys over girls.

Math 59

Math Assets Banking Government 59

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. What was the career plan? Well, there was no career plan really. 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. 00:01:48 [Savita Subramanian] Yeah.

Numbers 147

Numbers Management Banking Marketing 147

The Big Picture

NOVEMBER 25, 2024

Quantitative investing was, was that the plan from the beginning? And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. It was not.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JULY 31, 2023

Was the plan always to cover finance? I mean, you’re talking about, I don’t, I could do the math, it’s like a 10,000% return in like three weeks. And that’s sort of the math. HOFFMAN: Contingency planning here was brutal. We’ll get into that in a minute. What led you into this area?

Retail 130

Retail Government Economy Economics 130

The Big Picture

APRIL 8, 2024

And he had this game plan. How did that affect your plans going forward? Tell us a little bit about the plan for launching an independent economics research 00:09:15 [Speaker Changed] Shop. I’d been ranked i i back in the seventies, if you can do the math. He helps portfolio managers make sense of the world.

Economy 147

Economy Clients Banking Economics 147

The Big Picture

FEBRUARY 17, 2025

Was finance and investing always part of the plan? And essentially decided to pivot from that original plan because it became clear to me as I got older that to really make a living as a concert pianist, you need to be the top 1% in the world. And I did a lot of options math, which I thought was interesting.

Investing 147

Investing Investments Economics Management 147

The Big Picture

JULY 15, 2024

Matt Eagan has spent his entire career in fixed income from credit analyst to portfolio manager. Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. Was finance always the career plan? Matt Eagan. 00:01:37 [Matt Eagan] Thanks For having me, Barry.

Portfolio 147

Portfolio Banking Management Portfolio Management 147

The Big Picture

JUNE 3, 2024

What was the original career plan? 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. It was kidding.

Math 147

Math Marketing Marketing Engineering 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. But It Is Fighting Back. Try these 15 factors instead. (

Food 162

Food Math Assets Media 162

The Big Picture

APRIL 8, 2025

Tell us what, what the career plans were. We’re serving family offices, we’re serving institutions, we’ve done acquisitions in, in the stock plan businesses, in the retirement businesses. Let’s assume that we are administering a stock plan for a large corporate client. Lisa Shalett : Not at all.

Asset Allocation 130

Asset Allocation Wealth Management Clients Assets 130