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Stakes Rising In The US-China AI Race

Global Finance

Arcesati notes, “The US has historically excelled at attracting top STEM [science, technology, engineering and math] talent from abroad, while China has struggled to do so. AI’s positive impact will be concentrated, initially, “in a limited number of sectors.”

Economics 111
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Using Detailed Meeting Checklists to Drive Referral Growth

CFO News Room

And you start doing the math of the staff, and you’re like, “I can hire people for less than this.” ” I’ve seen a lot of industry discussion that’s essentially, the math of it can be better on the RIA side because you just don’t have to pay for the things that you don’t need in your platform.

Planning 130
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The Latest In Financial #AdvisorTech (December 2022)

CFO News Room

After all, in a world where prospecting was almost entirely a function of networking and establishing relationships with Centers Of Influence who could refer the advisor, almost by definition the advisor’s marketing efforts would concentrate on the local market where they could engage in such in-person relationship-building.

Planning 130
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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 so, it’s a little bit of an educational process, but …. And so, I think the important thing is really from an education standpoint, right? BITTERLY MICHELL: … was — no, no.

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Filtering Down To The Most Impact-Weighted Work To Add Value

CFO News Room

And if you went through the math, it gave us hundreds of hours that a typical firm would spend. And so just the sheer education of what does it mean to do it and then what does it mean to do it digitally, I think that was a really key thing at LearnVest that really was unexpected for me. And it’s very confusing to understand.

Planning 130
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Transcript: Mike Wilson, Morgan Stanley

Barry Ritholtz

Now, I, I feel like we educated the street in many ways going back 15, 20 years ago about this rate of change analysis going back to the early two thousands. So that’s the math. Mine has always been based on rate of change analysis. We have like 8% growth built in for next year’s earnings growth.

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Transcript: Luis Berruga, Global X ETFs

Barry Ritholtz

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. They work very hard when I was growing up to give me like a really good education. RITHOLTZ: Yeah.