2020. 2. 26. 11:16ㆍ카테고리 없음
March Madness is one of the biggest, most exciting and most fun events in all of sports. Here’s everything you need to know about the NCAA Division I men's basketball tournament, which has been played annually since 1939. What is March Madness?The NCAA Division I men’s basketball tournament is a single-elimination tournament of 68 teams that compete in seven rounds for the national championship. The penultimate round is known as the Final Four, when (you guessed it) only four teams are left. When did March Madness start?The first NCAA Division I men’s basketball tournament was in 1939, and it has been held every year since. How has the tournament changed since 1939?The inaugural tournament had just eight teams, and saw Oregon beat Ohio State 46-33 for the title:In 1951, the field doubled to 16, and kept expanding over the next few decades until 1985, when the modern format of a 64-team tournament began. In 2001, after the Mountain West Conference joined Division I and received an automatic bid, pushing the total teams to 65, a single game was added prior to the first round.
In 2011, three more teams were added, and with them, three more games to round out the First Four. Here’s how the 2019 bracket looked (and ). Where did the term “March Madness” come from?by an Illinois high school official, Henry V. Porter, in 1939, but the term didn’t find its way to the NCAA tournament until (who used to be a sportswriter in Chicago) used it during coverage of the 1982 tournament. The term has been synonymous with the NCAA Division I men’s basketball tournament ever since. How are the teams selected?There are two ways that a team can earn a bid to the NCAA tournament. The 32 Division I conferences all receive an automatic bid, which they each award to the team that wins the postseason conference tournament.
Regardless of how a team performed during the regular season, if they are eligible for postseason play and win their conference tournament, they receive a bid to the NCAA tournament. These teams are known as automatic qualifiers.The second avenue for an invitation is an at-large bid. The selection committee (more on them in a second) convenes on after all regular season and conference tournament games are played, and decides which 36 teams that are not automatic qualifiers have the pedigree to earn an invitation to the tournament. What is the March Madness selection committee?The 10-member NCAA Men's Division I Basketball Committee is responsible for selecting, seeding and bracketing the field for the NCAA Tournament. School and conference administrators are nominated by their conference, serve five-year terms and represent a cross-section of the Division I membership.
How do they decide which teams get an at-large bid?There are a multitude of stats and rankings that the Selection Committee takes into account, but there is no set formula that determines whether a team receives an at-large bid or not. What happens once the teams are selected?Once the field of 68 is finalized, each team is assigned a seed and placed in one of four regions, which determines their first round matchups and their path to the championship. What are seeds?The NCAA men’s basketball tournament is made up of 68 teams. On Selection Sunday, before any tournament game is played, those teams are ranked 1 through 68 by the Selection Committee, with the best team in college basketball — based on regular season and conference tournament performance — sitting at No.
Four of those teams are eliminated in the opening round of the tournament (known as the First Four), leaving us with a field of 64 for the first round.Those 64 teams are split into four regions of 16 teams each, with each team being ranked 1 through 16. That ranking is the team’s seed.In order to reward better teams, first-round matchups are determined by pitting the top team in the region against the bottom team (No. Then the next highest vs. The next lowest (No. 15), and so on. In theory, this means that the 1 seeds have the easiest opening matchup in the bracket. What (and when) is Selection Sunday?Selection Sunday is the day when the Selection Committee reveals the full NCAA tournament bracket, including all teams and all seeds.
In 2020, Selection Sunday is on March 15. When is 2020’s March Madness?Here is the full schedule for 2020's NCAA tournament. We will update this with times and TV/streaming information as soon as it is available. 2020 NCAA tournament schedule and locations: DatesRoundCity, STATEHost(s)FacilityMarch 15Selection SundayN/AN/AN/AMarch 17-18First FourDayton, OHUniversity of DaytonUD ArenaMarch 19/211st/2nd RoundsAlbany, NYMetro Atlantic Athletic ConferenceTimes Union CenterMarch 19/211st/2nd RoundsSpokane, WAUniversity of IdahoSpokane Veterans Memorial ArenaMarch 19/211st/2nd RoundsSt.
Cinderella — Much like the titular character from the fairy tale, a Cinderella team is one that is much more successful than expected. Examples in March would be Villanova’s 1985 championship run, when the eighth-seeded Wildcats became the lowest seeded team to ever win the title, knocking off the heavy favorite Georgetown.Defensive efficiency — A simple statistic that calculates the points allowed per 100 defensive possessions.
For example, if Team A’s opponent scored 80 points in a game with 75 possessions, Team A’s defensive efficiency would be 106.7.Elite Eight — The fourth round of the tournament, when just eight teams remain, is known as the Elite Eight. This round is the final game for each regional, before the four winners move on to the national semifinal, known as the Final Four. Read our for more.Final Four — The fifth round of the tournament, when just four teams remain, is known as the Final Four. This is the penultimate round of the tournament, when the winners of each regional face off for a chance to play in the championship game. Read our for moreFirst Four — When the NCAA tournament was expanded to 68 teams, a new round was added to the format: The First Four.
Four games, played on the Tuesday and Wednesday after Selection Sunday determine which of eight teams advance to the first round of the tournament. Read our for more.First four out — When ranking all 68 teams in the NCAA tou rnament, the First Four Out fall in spots 69-72. These teams will not make the NCAA tournament, but will be the top-seeded teams in the NIT Championship.KPI — KPI Sports ranks every team’s wins and losses on a scale of -1.0 (the worst possible loss) to +1.0 (the best possible win), and averages these scores across a season to give a score to a team’s winning percentage. The formula uses opponent’s winning percentage, opponent’s strength of schedule, scoring margin, pace of game, location, and opponent’s KPI ranking.Last four in — Another unofficial term, the 'last four in' refers to the final four teams that receive at-large bids to the tournament. These are teams that are usually on the bubble as Selection Sunday draws near.NET — NCAA Evaluation Tool was a new ranking in 2018-19 that relies on game results, strength of schedule, game location, scoring margin, net offensive and defensive efficiency, and the quality of wins and losses.
The ranking replaces RPI as the main sorting tool for the selection committee. Some of the unique aspects of the NET include the omission of game date and order (to give equal importance to both early and late-season games), and the inclusion of a cap of 10 points for winning margin (to prevent teams needlessly running up the score in a game where the outcome was certain). Offensive efficiency — Points scored per 100 offensive possessions.
For example, if a team scored 95 points in a game with 85 possessions, their offensive efficiency would be 115.9.Pace/Tempo — An estimate of the number of.Per-40 stats — A reference used to compare two or more players who do not play the same amount of minutes per game. It is measured by taking each statistic, dividing it by the minutes played per game, and then multiplying it by 40 — a full regulation game. For example, if Player A scores an average of 20 points in 30 minutes of play, his points per-40 would be 26.7.POM — Kenpom.com, run. The site gives an overall rating to each Division I team throughout the season based on a multitude of advanced metrics.
The Selection Committee uses these rankings to help evaluate teams.Quadrants (Q1, Q2, Q3, Q4) — In order to determine the strength of a team’s wins or losses, the selection committee divides the team’s record into four quadrants on each team sheet. The quadrants are meant to serve as an indicator of how good a team’s wins are, or how bad their losses are. Each quadrant is divided based on a combination of the location of the game — Home (H), Neutral court (N), or Away (A) — and the opponent’s NET ranking. Q1: H: 1-30; N: 1-50; A: 1-75. Q2: H: 31-75; N: 51-100; A: 76-135. Q3: H: 76-160; N: 101-200; A: 136-240.
Q4: H:161-353; N: 201-353; A: 241-353Regional — The NCAA tournament bracket is split into four regionals. The South, East, West, and Midwest. The first four rounds of the tournament are played in regionals, with the Elite Eight serving as the regional championship game. Teams are assigned a regional based on a combination of factors, such as overall seed, proximity to the regional, the other teams in that regional, and more.RPI — The basic consists of a team’s Division I winning percentage (25 percent weight), its opponents’ winning percentage (50 percent weight) and its opponents opponents’ winning percentage (25 percent weight).
The RPI is one of many factors the committees use for selecting and seeding teams.SAG — On a team sheet, “SAG” stands for Sagarin rankings, from sagarin.com. The Sagarin rankings account for score differentials, strength of schedule, and weights for how recent a game was (wins in February are worth more than wins in November). Sagarin rankings differ from KenPom rankings in that efficiency is not taken into account.Seed — 68 teams earn bids to the NCAA tournament, and each one receives a seed — from 1 to 16 —that determines where the team will be placed in the bracket. After the First Four, there are four of every seed. The seeds are also ranked overall from 1 to 68.
This overall ranking affects the order in which team locations are selected (with higher-ranked teams getting preference), and which teams play in the First Four (the four lowest-seeded at-large teams and the four lowest-seeded automatic qualifiers go to the First Four). Selection committee —The 10-member NCAA Men's Division I Basketball Committee is responsible for selecting, seeding and bracketing the field for the NCAA Tournament. School and conference administrators are nominated by their conference, serve five-year terms and represent a cross-section of the Division I membership.Selection Sunday — The day everyone waits for, when the Selection Committee announces the tournament field. This year, Selection Sunday is March 17.Strength of record — is a measure of team accomplishment based on how difficult a team's W-L record is to achieve. SOR reflects the chance a typical 25th ranked team would have team's record or better, given the schedule on a 0 to 100 scale, where 100 is best.”Strength of schedule — measures the difficulty of a team’s schedule, based on the win percentage of the team’s opponents.Sweet 16 — The third round of the tournament, where only 16 teams remain.
The winner of each game will play in the Elite Eight. Read our for more.Team sheet — A one-page document for every team in Division I that helps the committee get a complete picture of that team’s performance during the season. The team sheets contain in-depth team information about strength of schedule, performance against top-50 teams and home/road records.
Capital according to has $19 billion of equity capital under management. Just to give you perspective, Quicken in 2015 generated under $51 million in revenue for Intuit. Unfortunately terms of the sale were not disclosed.If I were willing to make a guestimate, I would guess Quicken sold for around $200–300 million and hope certainly for under $500 million. Especially with a YoY declining revenue base.With the sale of Quicken, it’s akin to the old house that needs upgrading to modern standards. Quicken needs a new kitchen, bathrooms, central air and upgraded boiler – in other words a complete gutjob. Putting new vinyl siding might make it look nice if H.I.G.
Is looking for a quick sale, but the issues will shine through when you do an inspection. For at least the past 5–6 years Quicken has been piecemealed together, and this is what led them to where they are now.I’m glad we know at least at some level the fate of Quicken, but of course new questions pop up. What new functionality will be added if any? What I constantly hear in my head is a song from the band The Who.“Meet the new boss. Same as the old boss.” – The WhoFrom CEO on down, many of the existing management and employees will remain at Quicken, though the CEO did promise additional head count, especially for programmers.Quicken is definitely in need of fresh blood to improve functionality and increase reliability. The question I have is: Was Quicken’s degradation caused by a lack of funding H.I.G.
Promises to bring on board, or was it simply staleness from within the organization?What I can say from my discussion with CEO Eric Dunn is Quicken does have a longstanding commitment to maintaining the online connectivity with financial firms, and integration with. So you have no fear that these features will discontinue any time soon. Worst case, there are competing technologies like Yodlee that could replace Intuit’s infrastructure.Part of the announcement of the new company was improvements in.“In addition to the investment news today, Quicken is also announcing a new, free budgeting feature for its Quicken 2016 for Mac customers.
The next monthly product release will include Quicken’s 12-Month Budget tool, which is the top feature requested by Mac users. The new feature makes it easy for consumers to set a budget, track progress, and analyze “what if” scenarios. It also provides the flexibility to account for monthly and annual expenses, giving customers a flexible, comprehensive view of their spending.”Eric did state they are committed to improving the Macintosh version to make it more equivalent to the Windows version. So this is good news for Mac users.When speaking with the CEO, he was tightlipped about other new functionality. I hope the new entity does right with the disfranchised Quicken user base. Otherwise, as I this will be a slow, long and painful death for Quicken users.As for me personally, I have moved on from. Unless Quicken adds additional functionality that’s missing, I’m not sure if I will switch back.
I’m sure the same question remains for other customers who have already left. Here’s a breakdown of by features: FeatureRecommended ServiceBudgetingBill PayInvestment TrackingBill ManagementRetirement Planning,Tax ReportingTransaction ReconciliationNow that we know the buyer of Quicken, what is your take on the matter? I’ve used Quicken for probably 15 years now. I am on the current version and, yes, I switched over to the subscription model.I understand people not wanting to do that – I’m the same way. I hate having to pay more for a product I already own. In the end, though, Quicken has been forcing us to do that for years, anyway.
Their support lifecycle is 3 years and critical features are disabled after that point, so you had to upgrade. That’s what forced me to the subscription model.And, you know what? I’m actually happy I did. And, for the first time in over a decade, I’m actually happy with the product. It has a long way to go, for sure, but the sale from Intuit seems to have knocked something loose. They’re investing in feature improvements.
The new online interface is actually really nice! They rolled out limited support for investment accounts online just this week.For the first time in a long time, it doesn’t feel like someone is in a warehouse somewhere doing the bare minimum to help the software limp along. It feels like it’s making progress. For those of us with YEARS of data in Quicken that don’t want to lose that by migrating to another option, that’s very good news.I’ve tried most of the products listed in the article above.
They’re great for what they do, but none of them are as comprehensive as Quicken. That’s part of why all of us are still on Quicken even though it’s sucked for years – for one reason or another, other options don’t do everything we need. If Quicken can move into the 21st century, leverage cloud and mobile solutions like everyone else is doing these days, and continue to improve their product, I think Quicken could be viable for a long time.Just a counter-point to the doom and gloom I was getting from this article. This new company that took over Quicken is GREEDY.Best way to put it and they wont let us use our purchase in peace they keep tacking on banners or extra steps to take to enter in a transaction and they wont take down that large banner that says You are missing out cause you wont renew!!!!! I was told I didn’t have to if I didn’t use the online features.
They have become an annoyance and I am leaving them after 32 years of business and many purchases. So sad that INTUIT sold out on Quicken It USE to be my favorite program now just a thorn in my side! It’s been over a year and not much new on the Quicken front. Today I installed the R13 update to Quicken 2015.
It looks like for the time spent I got a new login screen and a couple of other very minor changes that are not tax-related. Everything else appears to address issues with the tax features. I should mention that an hour later I received a “welcome” email indicating I had signed up to receive alerts. Yeah, I did – like two years ago.
They’ve never worked properly. Maybe now they will.Quicken as a local application needs to die.
Move it to the cloud like every other modern piece of software. There is no need for separate Windows and Mac applications sitting on a local computer. Work out the security issues and data structure implications and get it done. And, as much as some might hate me for saying it, go to a subscription model and drop all this versioning stuff and annoying upgrade ads. That’s the only way I can figure Quicken has a chance to survive and even thrive, and my guess is that is exactly what H.I.G. Was thinking when they bought it.
Like many users I have used Quicken since the days of installing with 3.5 disks. I have been using Home and Business since it became available. I am currently using Home&Business 2017. Most of it I like. Invoicing, multiple accounts creation.
The biggest problem I have with it, is online transaction downloads. Online account updating. I am constantly having to reset my online accounts in Quicken. Transactions are unreliably downloaded and are never current. Many times, not current for weeks. On occasion, I have had to delete the entire credit card accounts and re-establish them to get transaction updates to keep current.
I also have Mint, Personal Capitol, and YNAB. They do a very good job of communicating with the bank servers. Why can’t Quicken do the same? This particular problem has been going on for a many years and versions now.
I have spent all day researching and trying other replacements for Quicken desktop that I have been using since 1985!! Nothing else works. Personal Capital has no reports!!
It has no sub-categories. It has no “memo” line. It has no Split transactions. It will only do dollars. I do not understand the high ratings you give it? Are you getting a share of the management fees?
Mint doesn’t let you edit categories or follow investments. I’ve found nothing that comes close to doing what Quicken does. I also like having my data to myself, not all online in one place. I keep regular backups in my G-drive in case of PC failure. So, after a day of trying Moneydance and Personal Capital and CountAbout, I’m sticking with Quicken.
I am using quicken 2006 personal plus still!! It’s a pain in the proverbial. I have to run windows xp on parallels on my mac. Now with the latest Sierra update the mouse is not moving round the quicken program properly anymore. So I’ve bought Quicken for mac 2017 based on the positive reviews on amazon.
Had to get a workaround as my bank doesn’t offer qfx files!! I’ve tried YNAB, didn’t like it at all.I track multiple accounts, shares, multi currency, the lot, so a lot of the alternatives out there just don’t have all the features I need.
Quicken 2006 is still a better option. I can’t even import my 20 years of data over from quicken as the file is locked due to the quicken being an nz version. Spent a lot of hours looking for an alternative. Might just find a simple cashbook software and track my investments on a spreadsheet. The sale of Quicken by Intuit is welcomed by me.
I am a longtime user of Quicken since 1991 when data was put on diskettes. So you can imagine the size of my data file now (actually I will tell you – 129MB and I don’t use images or receipts).
Unlike what was recommended by Quicken, I did not summarize/consolidate my data every year to shrink the data size because I wanted to have the large data history for searches. I have been totally discouraged by the terrible quality of the product the last few years. Many times the tech support reps would tell me my data file was too large. Not the right answer!
I would call in to get support and they would promise me a fix and every year that I would get updates, the quality got worse. Some bugs have been there for years. I was considering moving on to another product but which one could import all my historical data and make good use of it? A few months ago when I called in for support, I finally got a hint that something was changing – the support team were not from India it seemed and they knew more about the product. Recently, I became part of the beta team testing out Quicken 2016 product fixes and later 2017 because I thought testing the product with my large data file would be helpful. I can say so far I am impressed with the intent of the developers appearing to desire to not only fix the problems but deliver enhancements. It looks like the culture has finally changed.
I am finally thinking that I won’t have to move on if they truly keep going their current direction. I am going to give them a little more time now. I am finally optimistic. Personal Capital is not within a million miles of personal finance software that is 8+ years old, versions of Microsoft Money and Quicken still pull rank above what Personal Capital has put forth which is no more than two things:1 – A basic aggregation service – good, covers many, but not all for most people, but it’s just a data pull with no meaningful logic applied to memorize categorization or any other basic functionality (budget, reporting, etc.)2 – A sales tool to get your money under actual investment management, with high fees relative to performance. The pitch is good, the idea is good, but this entire platform is fundamentally a sales tool. As a user, incredibly frustrated.
I’ve been a bit hot under the collar with Intuit for some time before the sale. Then, after being forced (again) to purchase a new software package, I’m pulling my hair out. The thing is, for more than 15 years I was a huge fan of Quicken, even promoting the product which is something I normally don’t do. I was also all in – meaning, I took pains to take advantage of everything Quicken produced, including but not limited to TurboTax. Now, I’m seeking other options.As an investor, I have no reason to believe H.I.G. Is all that interested in producing a better product as much as they are interested in turning a profit.
Admittedly, I’m not savvy enough to understand the terms of the acquisition, so I cannot speak to those dynamics. I just know that usually a product won’t improve if the company is bought by someone new to the industry. Haven’t heard anything about H.I.G. And their past experience with financial software products. Thank you very much for this information!
Quicken 2019 Update
The sale explains a lot about the downfall of Quicken. Apparently Inuit has been bleeding the company dry for the past few years and not caring too much about its reputation.
There are several causes for their less than stellar software.1. Quicken has tried to go into the “software rental” business like a lot of popular companies (Adobe, Autodesk, Microsoft, etc.).
Its customers are literally forced into buying upgrades every year or so. The problem is that the software developers have not been able to keep up with this pace. And instead of making functional improvements the developers are told to concentrate on more bells and whistles.2. The software writing is being farmed out to idiots in India. Because of the speed of each new update’s release the software cannot be tested. The retail versions in the pretty little boxes are little more than highly unstable beta versions. Attempts to add new features to justify the “new” yearly version add to the instability of the product.
If the buyers are lucky one or two patches are issued, but three months into the “new” version the software developers are reassigned to work on next years version. Desperately needed fixes to the software fall by the wayside. This has been the situation for the last five years or so.3. Customer service, if you can call it that, has also been farmed out to India.
Nothing can be more fun than to try to speak about technical financial software problems with someone that can barely utter a few words in English. Plus, the reps are only reading from a script so the hour you spent “on hold” was a total waste of time. It cannot be worse than it is now. Quicken for Mac 2015 was actually pretty good IMHO until 2.6 came out last fall, then it I was update after update of continued broken functionality as the foisted untested code changed on us.
It is why I haven’t moved to Quickwn 2016. Not giving them more money right now.
I am actually paying $100 to use EveryDollar Plus annually because Mac Quicken has no budget and I’m not waiting.I’ll see how it goes this year. I monitor the forums. Either quicken 2017 will earn me back with features and a repaired reputation for quality, or I will move EVERYTHING to YNAB, which looks promising. Investor Junkie has advertising relationships with some of the offers listed on this website. Investor Junkie does attempt to take a reasonable and good faith approach to maintaining objectivity towards providing referrals that are in the best interest of readers. Investor Junkie strives to keep its information accurate and up to date. The information on Investor Junkie could be different from what you find when visiting a third-party website.
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Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investor Junkie has advertising relationships with some of the offers listed on this website. Investor Junkie does attempt to take a reasonable and good faith approach to maintaining objectivity towards providing referrals that are in the best interest of readers. Investor Junkie strives to keep its information accurate and up to date. The information on Investor Junkie could be different from what you find when visiting a third-party website. All products are presented without warranty.
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