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Make sure you have the right math and language to explain results driven by direct and indirect marketing spend. As much as possible, CMOs must help their C-suite colleagues understand the math of marketing activities holistically and results throughout the full funnel. Build a tight relationship with your CEO and CFO.
So I tend to view computer coding not that dissimilar to communicating in a foreign language. A lot of times you’re learning your French, Spanish to communicate with someone in a different country. When you’re learning computer coding, you’re just learning how to communicate with a machine. COMMERCIAL BREAK).
While consumers were being entertained, they were also shown “See Now Buy Now” fashion shows and prompted via interactive apps to download coupons, raffle tickets, gift certificates, etc. JD.com is really good at math,” Shuai noted. “If Jack Ma even made a surprise appearance as the “retail-tainment-in-chief.”.
” It’s constant communication through the year. And you start doing the math of the staff, and you’re like, “I can hire people for less than this.” How Matthew Communicated His Transition And Migrated Clients [29:08]. Michael: So, share with me a little more just how you communicated this.
As a starting point, it’s important to recognize that while conversations in the financial services industry over the last decade have entertained the idea that technology (e.g., Carl: Well, unless you call Zoom technology, unless you call a content library technology, unless you call the ability to communicate real quickly technology.
I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: And so, one of the things that we did was we started communicating more frequently with our clients. What did you do to entertain them? I love statistics.
One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. What kept you entertained during the pandemic?
RITHOLTZ: Dining, entertainment, things like that. So first, none of these people, they don’t track their spending, there’s no budget, there’s not even the mental buckets of, I’m going to spend this much on entertainment and this much on rent. It’s much deeper than math. SETHI: Fantastic.
SEIDES: And I’ll tell you a story that’s fun about the communication of it too. ” It wasn’t that they didn’t communicate that. 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. It’s just entertainment.
Barry Ritholtz : you were head of strategy, product marketing, communications, like is that one job, is that four jobs? The corporate communications function at Vanguard today, you know, has evolved considerably from back in the early days. What’s keeping you entertained 00:38:42 [Speaker Changed] On the, what am I watching?
You don’t want to get on the scale, you don’t want to know how much money you spent on entertainment last month. So, got to project this, got to model this, let’s run the numbers, let’s see how this would work, what the math would boil out to for my situation. There’s this gap between the two. Well, yeah.
And so it’s, it’s sort of managing that, all of those different constituents with communication. How do you take that massive information and communicate it to both the Morgan Stanley staff, the sales team, the brokers, the asset managers, and the investing public? So that’s the math.
And until they decide to communicate a different message, that’s what the market is going to continue to follow. So what was challenging for me was like, actually, when we moved to the US when I was seven years old, I was always good with math, but my English was below average. That is what the Fed is operating off of.
And so the idea of this product was you plug the game cartridge, they had a communications capability, a modem built in, and you could download video games, almost like having an in-home arcade, like a Netflix for video. The math never seems to work out. Hayes, the communications modem company was in Atlanta, Georgia.
So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is.
There was XO Communication and McLeod. RITHOLTZ: So it’s different math then I need 100x winner versus 99? Tell us what you were watching during the lockdown, what kept you entertained? And then lo and behold, for some reason, the equipment didn’t work for the new entrants — RITHOLTZ: Right. RITHOLTZ: I recall.
We wanna be sure that our communications tools leverage large language models so they can be highly personalized. 00:36:07 [Speaker Changed] The, the SEC is incredibly concerned that financial performance is the primary measure by which the advisor communicates to the investor their success. 00:41:16 [Speaker Changed] Yeah.
But to understand how that thinking and those behaviors will influence the direction of the connected economy over the next decade, we need to start with a little math. Something very different can happen, though — something that math geeks (and I am not one of them) call a jump discontinuity. The line is chugging along.
Sander Gerber : Well, actually I was good at math. If the s and p moves by 10 basis points, it doesn’t communicate to you how the s and p affects other things. Because if you don’t include every single data point, then in the matrix math you have a divide by zero issue. What, what’s keeping you entertained?
I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. You know, I, it always, I I see different numbers all the time, so it’s always kinda like, who’s math if you will? What’s been been keeping you entertained?
RIEDER: It’s funny you said that because, listen, I think we’ve gotten to the place where there actually is too much communication. B, I think when they get to this place or where they are today, I don’t think they have to communicate every single step of the way. RITHOLTZ: A lot, right? It is too much. RIEDER: Yeah.
So that we’re still on their network, we’re still, so that technology for us to go at it stronger, we would like for those devices to communicate back to us directly. We ask all of our guests starting with what have you been entertained with these days? Not 00:35:07 [Speaker Changed] Like a wire, like a cell independent.
I started out math and, and physics, and in high school I was a rock star in math and physics. Now, I participated in some of that as a research analyst by looking at companies like Total Access Communications that tie wireless company, PL dt, Philippine, long Distance Telecom. But those guys are great, right? Cents a dollar.
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. RITHOLTZ: The communication was bad also. HOFFMAN: And he’s talking about, you know, the seat back entertainment should be a streaming platform, right? And that’s sort of the math.
They kept the reputation intact by communicating with their investors. 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. What’s been keeping you entertained over the past couple of years?
Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. And there was people, Physics didn’t have, people, psychology didn’t have math, economics was kind of the right mix. The math doesn’t math. That was too abstract. Yeah, I’m gonna vote.
A good example of that is like you take something from a cognitive reflection testy or something — like — I’ll make it real simple so we don’t have to like do the weird math on this. It’s not “The Godfather” but it was entertaining and silly and fun. RITHOLTZ: Six, seven. MCRANEY: OK. MCRANEY: Yes.
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