article thumbnail

The Mt. Gox Bitcoin Math That Doesn’t Add Up

PYMNTS

trillion, the trustee hired to find the missing loot has concluded two things: that the $500 million valuation of the missing bitcoin is accurate, and that he’s been able to find only $91 million of it. A rather implausible amount, since, at the moment, experts believe that there are only $7 billion bitcoins in circulation.

Math 41
article thumbnail

Sizzle Or Fizzle: Walmart Pays Pays Off, Marketplace Lending Falls Off

PYMNTS

Now if we only knew the denominator and could do the math to see what those numbers really look like. Zenefits’ Valuation Cut. By having a reset in valuation, it could be argued that the firm is offering payment of sorts for its own past behavior. It is also, perhaps, setting the bar lower for valuation to climb again.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Transcript: Graeme Forster, Orbis Investments

Barry Ritholtz

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. It’s just math stick to it over long periods of time. Then the volatility and, and the valuation makes an enormous difference.

article thumbnail

Transcript: Rick Rieder

Barry Ritholtz

Now, we’re shifting to more international places like China, Europe, et cetera, that are really growing, and that valuations are cheaper. and what cross currency basis, et cetera, takes a while to assimilate at all. The dollar is the reserve currency in the world. How are we doing in literacy versus math versus science?

article thumbnail

Transcript: Cliff Asness

Barry Ritholtz

But plenty of valuation measures, it has no applicability for price-to-sales. ASNESS: Well, first of all, I’m going to somewhat disappoint you saying we do not take very big bets on views like timing asset classes based on valuation. My mom was a math teacher so — RITHOLTZ: Okay. It can apply to earnings.

article thumbnail

Transcript: Savita Subramanian

Barry Ritholtz

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. 00:29:32 [Speaker Changed] Certainly for commodities and for currencies. What was the career plan?

Finance 56
article thumbnail

Transcript: Jeremy Siegel + Jeremy Schwartz

Barry Ritholtz

SCHWARTZ: And whose currency is up on the year? Isn’t that just a currency bet? SCHWARTZ: But even broad developed markets, they’re half the valuation of the U.S. This is — RITHOLTZ: Right. SCHWARTZ: You know, it’s a very interesting dynamic. SIEGEL: Yeah, I think — what is the P/E of Brazil like?