PYMNTS

NOVEMBER 13, 2017

Singles’ Day, an informal day of personal shopping that Alibaba has grown to a multi-billion dollar event over the last decade or so, brought in over $25 billion in merchandise sales in 24 hours. Most of those sales took place on the Taobao marketplace and Tmall brand store. JD.com announced that its sales from Nov.

Math

CFO News Room

NOVEMBER 22, 2022

So, my prior broker dealer, it was Fortune 100 company, they have tremendous obviously philosophies in place on how they get their sales force to produce amazing results. He did an immense number of sales, and had cultivated a huge number of relationships. ” It’s constant communication through the year. Here you go.

Planning

CFO News Room

DECEMBER 15, 2022

In our 101st episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss the challenges advisors face in setting fees commensurate to their service offerings and the importance of charging sustainable fees to help businesses flourish. I could do the rough math on his firm. If you charge 1.1

Math

PYMNTS

NOVEMBER 29, 2017

If they want to look legitimate, said Frechtling, then bad guys must manage their core business by the same four business fundamentals as good guys: marketing, sales, operations and receivables. Finally, make a point of consistent internal communication. Communicate perpetually, whenever there is a suspicious event.

Math

CFO News Room

DECEMBER 1, 2022

” Everyone starts doing the math of what their typical clients pay multiply by 300 clients was like, “This is mind-blowing profitability, effectiveness of the firm. The latest research I saw was we rank below used car sales and just only above Facebook in terms of how little we’re trusted. Technology. Michael: Yeah.

Technology

Barry Ritholtz

SEPTEMBER 12, 2022

KRISTEN BITTERLY MICHELL, HEAD OF NORTH AMERICAN INVESTMENTS, CITI GLOBAL WEALTH: It’s really interesting because I’m not someone that you would think would be the typical profile to end up in capital markets or — or sales and trading. I’m from a — a very small town in the middle of Pennsylvania. I was econ and kind of geeky.

Investments

CFO News Room

DECEMBER 20, 2022

” It felt, again, kind of that little bit lower pressure of, “Okay, now I’m comfortable with having some face-to-face communication and helping somebody make decisions to enroll in their 401(k) plan.” ” I’m guessing someone else was like, “And I’m going to go on and get the next sale.”

Education

Barry Ritholtz

SEPTEMBER 19, 2023

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. Two reasons. We need writers.

Investments

CFO News Room

DECEMBER 6, 2022

And it was a very sales-oriented culture. And what I realized very quickly is that I really didn’t like the sales aspect, but I was actually good at it. It helped build my communication skills and my knowledge, because when you’re the one in the meeting saying the things, you’ve really got to own that information.

Planning

PYMNTS

NOVEMBER 20, 2017

He didn’t think much of math and science — rather unusual given his choice of a profession that uses complicated math formulas to communicate. Ever since, Walmart has consistently grown its digital presence each quarter — most recently posting a 50 percent increase in digital sales quarter over quarter in Q3.

Retail

CFO News Room

DECEMBER 17, 2022

sales positions), which unfortunately makes it easier for those who take full-time sales jobs with no real financial planning to meet the experience requirement than those who take part-time paraplanner jobs as career changers even though it provides far more meaningful financial planning experience.

Planning

Barry Ritholtz

SEPTEMBER 10, 2024

Mike Wilson has been with Morgan Stanley since 1989, rising up through the ranks of institutional sales, trading, investing, banking to eventually becoming Chief Investment Officer and Chief US Equity Strategist. And then I went into really more of a sales role in the nineties. We were dealing with clients from a sales standpoint.

Valuation

CFO News Room

NOVEMBER 8, 2022

You do the math and you’re like, “Okay, well, an advisor can handle about 100 clients, an associate advisor can help with some of those clients, you can leverage maybe an associate advisor with a couple of advisors, but there’s a capacity limit for each of the roles.” And so, we pivoted to more of a service team.

Restructuring

Barry Ritholtz

AUGUST 29, 2023

I did an internship in the summer at Citibank Securities in fixed income sales and trading. But the reason I went to Merrill is because they had this unique global debt rotation program that allowed you to rotate through a couple different business units in fixed income, sales and trading. And I knew I wanted to do trading.

Investments

Barry Ritholtz

JANUARY 24, 2023

There was XO Communication and McLeod. RITHOLTZ: So it’s different math then I need 100x winner versus 99? If equity is not for sale, but we think it’s a great safe business, like a great software business that someone else bought, we can lend to them. KLINSKY: — as well as they had expected. KLINSKY: Yeah.

Mergers and Acquisitions (M&A)

Barry Ritholtz

FEBRUARY 13, 2023

And then somebody convinced me to go into sales and trading, and I decided to do that. RIEDER: It’s funny you said that because, listen, I think we’ve gotten to the place where there actually is too much communication. How are we doing in literacy versus math versus science? And you know, I love markets.

Mergers and Acquisitions (M&A)

Barry Ritholtz

MARCH 12, 2024

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. When that home comes up for sale, a lot of families show up that wanna live in that home. Not 00:35:07 [Speaker Changed] Like a wire, like a cell independent.

Profit and Loss

Barry Ritholtz

JULY 15, 2024

Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. I thought this conversation was fascinating, and I think you will also, with no further ado, Loomis sales. I started out math and, and physics, and in high school I was a rock star in math and physics.

Investments

Barry Ritholtz

AUGUST 23, 2022

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. And all that information about everything in the country was effectively for sale. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive.

Investments

Barry Ritholtz

MAY 16, 2023

I don’t know I was for sale. The sale of Wallstrip. They kept the reputation intact by communicating with their investors. LINDZON: He went and cut the deal of the century, I imagine, with Twitter, some poor sales kid, a GNIP inside Twitter comes to Bloomberg, like a, like a cub into a wolf den. RITHOLTZ: Really?

Leverage

Barry Ritholtz

OCTOBER 3, 2023

Now, there was one really important part of, of that as part of my job training, I was sent to the big sales offices to learn how the product was sold. One of the big sales offices was out in Long Island in Garden City. You’re doing a lot of math in your head on the Fly. She also knew Washington in and out.

Marketing

Barry Ritholtz

OCTOBER 31, 2022

RITHOLTZ: But in reality, any day you want to put your house up for sale, you might get a different price then — SIEGEL: If you — I mean, you know, if times are bad and then you say, “I got to sell it the next five minutes,” you don’t want to look at that price. SIEGEL: Every second. Yeah, exactly. SIEGEL: Exactly.

Investments

PYMNTS

APRIL 13, 2020

Daily foot traffic and sales are the oxygen of those businesses. Margins for restaurants and boutique brick-and-mortar retailers average between 3 percent and 5 percent of sales. Contractors’ margins average between 5 percent and 7 percent of sales. The typical hair or nail salon , on average, has a profit margin of 8 percent.

Math

Barry Ritholtz

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. And so we, we get this contract written and I go off to grad school assuming I would go work at a big bank doing sales and trading in some quant role. You learn the math that can help you with, with market making operations.

Leverage

Barry Ritholtz

NOVEMBER 19, 2024

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.

Profit and Loss