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Trying To Reason With Returns Season: 51 Percent Of Consumers Would Keep Goods For Discounts

PYMNTS

While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its predecessors given the volume of gifts bought online during the 2020 holiday rush. The math gets a bit more involved when it comes to why the consumer is returning an object.

Math 69
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Subscription Commerce Is Expanding Beyond Retail

PYMNTS

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. The downsides are that the subscription model is subject to customer churn and high acquisition costs.

Retail 47
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Transcript: Tom Hancock, GMO

Barry Ritholtz

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. People might overreact to an interest rate move in our opinion, but we’re not gonna try to forecast it or pick stocks based on that. So I was at Harvard.

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Transcript: Lynn Martin

Barry Ritholtz

I don’t know if those challenges would have been as extreme as was forecasted or not, but I’m really glad we didn’t find out. Let me jump to all my favorite questions we ask all of our guests, starting with what did you do to keep yourself entertained during the pandemic? RITHOLTZ: Yeah. To say the very least.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

And if, again, based on our forecast for US equity markets, they’re somewhat muted because valuations are stretched in our view relative to our fair value model. DAVIS: Yes, we try not to be in the short-term forecasting game. And so I think a lot of investors have alternatives. And it runs a scale.

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Transcript: Kristen Bitterly Michell

Barry Ritholtz

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. And I — I — I don’t like to ask people for predictions and forecasts, but you’re looking at the flows and you get client questions all the time. I was econ and kind of geeky.

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Transcript: Rick Rieder

Barry Ritholtz

You don’t know where, and you know, their forecast — RITHOLTZ: That goes back to your sense that you need the ability to surprise when necessary. How are we doing in literacy versus math versus science? RITHOLTZ: Right. RIEDER: Totally. It was one of the most famous books in education for a long time. Where are we?