This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
And I did a lot of options math, which I thought was interesting. So during my time there, I was probably employee number four or five. ’cause these are companies and in some cases countries that were never really fully integrated into the global financialsystem. So we were strategy number four at aerial.
Take, for example, how the Fed views statistics, such as employment numbers, when it’s thinking about inflation or raising rates so quickly, which is really constraining to people on an actual budget facing other inflationary pressures, and, by the way, not actually doing anything about inflation. So those numbers are disparate.
It’s like being asked to figure out the solution to one of those unsolved math problems that mathematicians work on for years before they go insane. A number of car companies are going with Apple or Google platforms. WhatsApp did it, why can’t I? Once they get it into it, they realize that figuring out the solution is really hard.
So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like that solves like a number of issues.
Bitcoin uses math — and math equations that anyone can solve and see — to provide this cash-like feature. Speaking of math, doing it helps explain that big billion dollar-plus number. Experts believe that number could double again in 2017. Back here in the U.S. —
So just most technology has been a little bit more either the pipes and infrastructure of how the financialsystem runs or something that lets people buy the products that they want to buy because they can just go online and buy it. And if you went through the math, it gave us hundreds of hours that a typical firm would spend.
And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. And you know, it’s been an honor to have a number of awards to it. So yeah, man, that was the idea.
and I don’t know if this is from the book or or my research, Forbes settled on that number. Because he was all sure he was a totally isolated math. So, so he’s brilliant at math. He goes to m i t to study, study physics and math. But in math camp, he’s not the best. And the Undoing project.
. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz : This weekend on the podcast, ed Hyman returns to talk about all things economic analysis, what’s going on in the world, how he’s built an incredible career, oh my God, 43 times number one ranked in the Institutional investor survey in economics.
Own the Numbers – And the Risks Due diligence is not about ticking off a checklist. The numbers lie if you dont lift the lid. Run your own numbers. You stay grounded in the math. You need to be at the negotiation table – because financial terms are where deals either protect or destroy value.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content