CFO Leadership

APRIL 5, 2023

When you give everyone in the company $5 along with this challenge…you do the math. Loss Aversion The reason that giving people a few use-it-orlose-it dollars at the beginning of the month isso effective at changing behavior has to do with loss aversion psychology. That’s a lot of priceless positivity floating around.

CFO 59

CFO Profit and Loss Leadership Math 59

PYMNTS

MAY 4, 2016

Changing market conditions (and some higher-than-expected default rates) have changed the math and softened investor interest some. billion in it last fundraising round last year, as of yet, the firm has not actually been profitable. And though Prosper was valued at $1.9 billion to $6.1 that online lenders don’t have by design.

Profit and Loss 42

Profit and Loss Math Healthcare Retail 42

PYMNTS

OCTOBER 14, 2016

And those losses are catching up, with share price declining about a quarter this year. The good news there is that the math is still in Bed Bath & Beyond’s favor, since its average customer visits twice a year and spends $120 per trip. And in a big way, causing a shrink in the bottom line for the last 15 quarters running.

Profit and Loss 75

Profit and Loss Math Retail Sales 75

VCFO

DECEMBER 10, 2021

What does that do to your profitability? Many companies run with less than a 10% profit to start with. You can do your own math on what this will mean to you. However, the CPI effectively tracks the loss of the purchasing power of the consumer dollar (including what they can buy with their labor) and the U.S.

Currencies 55

Currencies Profit and Loss Foreign Exchange Math 55

PYMNTS

MAY 12, 2016

Kount’s latest report “Calculating The 9 Deadly Costs Of Fraud,” does the math – and emphasizes how not managing fraud digs heavily into profits. In fact, fraud losses as an overall percentage of revenue nearly doubled in 2015 as a result of lost or stolen products, according to Kount.

Profit and Loss 52

Profit and Loss Math Sales Auditing 52

CFO News Room

NOVEMBER 22, 2022

Michael: So, it sounds like part of the challenge was, you live in a large company environment where, as is common for a lot of them, they organized study groups of top advisors, of top producers, of those that are doing well and growing well, and driving the business profitably. In fact, we probably would have been much more profitable.

Planning 130

Planning Communication Profit and Loss Education 130

Barry Ritholtz

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. 01:02:36 All the math tells us we should not buy high dividend yield stocks.

Leverage 52

Leverage Investments Marketing Math 52

PYMNTS

AUGUST 5, 2016

It wasn’t because it has the secret to running a profitable eCommerce site or success in monetizing memberships a la its CEO’s alma mater, Amazon. Jet.com is not profitable and has no clear path to profits, critics say. But, don’t you worry, it’s all math-based so nothing can go wrong, so keep clinging to that.

Profit and Loss 43

Profit and Loss Currencies Accounting Securities 43

Barry Ritholtz

OCTOBER 21, 2024

I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. You know, I, it always, I I see different numbers all the time, so it’s always kinda like, who’s math if you will? 00:02:16 [Speaker Changed] Me too.

Investments 59

Investments Numbers Marketing Leverage 59

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 64

Profit and Loss Math Finance Economics 64

Barry Ritholtz

MAY 30, 2023

So I think that resiliency piece, never giving up, never giving in, redefining, Barry, success as going from failure to failure without loss of enthusiasm, I think that’s everything. And like every business, they want revenue and they’d like to have a surplus profit. BRYANT: So money, unlike math, money is highly emotional.

Economics 59

Economics Education Profit and Loss Banking 59

Barry Ritholtz

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. So the actual source of profitability in that trade is not the level of the vix, but the shape of the vol surface.

Concentration 69

Concentration Valuation Marketing Investments 69

Barry Ritholtz

OCTOBER 17, 2023

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. And they go on longer and longer and obviously more profitable for the states that run the lottery. And then I was looking for something more applied.

Investments 52

Investments Valuation Numbers Math 52

CFO News Room

DECEMBER 13, 2022

He’s a loss leader.” Again, if you’re thinking 60 or 90 prospects, and if you only convert 20%, and if you just think the average case being $500,000 to $1 million, you can quickly do the math and go, “Well, this makes money.” ” Michael: And so, then what was the whiteboard flow? Terry: Panic.

Planning 130

Planning Profit and Loss Numbers Leadership 130

Barry Ritholtz

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. The next question that you alluded to, which is really interesting about revenue and profits, how solid in inflation hedge are equities? BITTERLY MICHELL: … was — no, no.

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

JUNE 18, 2024

And they had a belief at the time of driving growth profitably whereby you could organically acquire customers. 00:40:26 [Speaker Changed] They, they know, they know math, they know math. Was it a loss? The single biggest cost in sports betting is the acquisition of betters. At least they’re sure the better ones do.

Entertainment 59

Entertainment Investments Math Advertising 59

Barry Ritholtz

MARCH 27, 2023

It’s a matter of making better decisions and being more profitable. That’s an amazing lesson in life, right, to take failure and losses as business as usual. RITHOLTZ: Someone once said it’s not how often you lose, but it’s how big your losses are, which is really interesting. RITHOLTZ: It’s alpha.

Investments 114

Investments Restructuring Profit and Loss Finance 114

Barry Ritholtz

DECEMBER 12, 2023

And I was a math nerd as a kid. They announced a $640 million loss and ouch. But if, if it has a history of not being profitable, you you really want to exclude that. The visibility on earnings they grew but they stayed profitable as, as they grew. So big loss. A 99% loss on 1.1% So I took that. Real money.

Benchmarking 105

Benchmarking Concentration Investments Profit and Loss 105

Barry Ritholtz

JUNE 27, 2023

.” RITHOLTZ: So people also should realize, for those of you who’ve never traded futures, it’s not like options where essentially you could put up your losses in advance and all they could do is go to zero. RITHOLTZ: Put up your losses in advance. And so it’s one of these things that math works.

Math 59

Math Risk Management Profit and Loss Marketing 59

Barry Ritholtz

JANUARY 24, 2023

But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. You got 60 percent of losses ahead of you. RITHOLTZ: So it’s different math then I need 100x winner versus 99?

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Investments Leverage Numbers 105

PYMNTS

OCTOBER 16, 2017

The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. They buy tokens at a discount and resell them for big profits almost immediately.

Currencies 71

Currencies Concentration Financial Systems Investments 71

Barry Ritholtz

OCTOBER 10, 2023

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. So brilliant enough so that sure, he goes to math camp in the summer and find, kind of finds his tribe. But in math camp, he’s not the best. And the Undoing project.

Math 64

Math Profit and Loss Marketing Numbers 64

Barry Ritholtz

MARCH 21, 2023

ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. ASNESS: And we had a great almost a decade, because everything else we do work, profitability one; fundamental, momentum one; low risk one. My mom was a math teacher so — RITHOLTZ: Okay.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69

Barry Ritholtz

JUNE 3, 2024

Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. And I really hated physics, really. It’s so true.

Math 59

Math Marketing Treasury Valuation 59

Barry Ritholtz

MARCH 12, 2024

And so, so we sort of felt pretty stupid for a while because we did a lot of losing trades in 2006 that were the, you know, that obviously didn’t come to fruition until the actual people could see the losses. So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss.

Profit and Loss 59

Profit and Loss Investments Marketing Securities 59

Barry Ritholtz

JULY 31, 2023

Ends up turning about $27 million of swap premiums into 2 billion plus in profit. I mean, you’re talking about, I don’t, I could do the math, it’s like a 10,000% return in like three weeks. And that’s sort of the math. What led to that approach? He was right on the thesis. RITHOLTZ: Right.

Treasury 52

Treasury Retail Economics Entertainment 52

Barry Ritholtz

APRIL 2, 2024

So when I was at this very fancy private school that I was at as a kid, I did math because it gave me a huge amount of free time to do the things I really cared about. But when I got to Cambridge, you know, the math was sort of serious there. So, you know, I took my math into statistics and things. Am I getting right?

Healthcare 59

Healthcare Economics Math Education 59

Barry Ritholtz

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. He knows how to manage risk, and he knows how to trade for a profit for a p and l. And occasionally people are gonna argue about, Hey, who has this loss? Or who has this profit?

Marketing 112

Marketing Banking Treasury Profit and Loss 112

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. BROWDER: And I’ll just point out that this was back in the days when $100 million profit is real money. How many do you have in your fleet? It is $2 billion on the ship. RITHOLTZ: Wow.

Investments 128

Investments Math Banking Profit and Loss 128

Barry Ritholtz

AUGUST 22, 2023

So one way to think about it is that the phenomenon of power loss is highly relevant to success and failure, where we tend to think of things as linear with respect to growth, but that’s not true for video games, it’s not true for films, it’s not true for novels, it’s not true for art. SUNSTEIN: Completely.

Economics 98

Economics Finance Investments Numbers 98