Barry Ritholtz

SEPTEMBER 12, 2022

It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. It was at Bank One, at the time. I mean, when you look at that pre, it was, you know, the thought counterparty risk of a bank was solid, right, like that was something.

Investments 120

Investments Marketing Profit and Loss Banking 120

CFO News Room

DECEMBER 3, 2022

He previously worked at a financial planning firm in Bethesda, Maryland, and as a journalist covering the banking and insurance industries. Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. Adam is an Associate Financial Planning Nerd at Kitces.com.

Communication 130

Communication Investments Planning Marketing 130

Global Finance

OCTOBER 10, 2024

The Bank of Algeria (BoA) maintained its nominal interest rate at 3%, unchanged since 2020. Monetary policy remains accommodative,” comments the World Bank in its latest country report. Credit Populaire d’Algérie (CPA) became the first bank to list on the Algiers Stock Exchange, floating 30% of its shares in March.

Benchmarking 75

Benchmarking Economics Currencies Banking 75

Barry Ritholtz

FEBRUARY 17, 2025

But when you look at emerging markets and when you look at value, the opportunity for alpha is much, much greater than it is in traditional large cap growth stocks in the US And a lot of managers in that space actually beat their benchmark. Within the investment bank. You can’t say the same for us large cap stocks. Absolutely.

Investments 59

Investments Economics Marketing Benchmarking 59

CFO News Room

DECEMBER 26, 2022

He previously worked at a financial planning firm in Bethesda, Maryland, and as a journalist covering the banking and insurance industries. Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. Adam is an Associate Financial Planning Nerd at Kitces.com.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

CFO News Room

NOVEMBER 28, 2022

He previously worked at a financial planning firm in Bethesda, Maryland, and as a journalist covering the banking and insurance industries. Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. Adam is an Associate Financial Planning Nerd at Kitces.com.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

Barry Ritholtz

JUNE 7, 2023

When you’re down 40 percent on average, it’s a huge loss to the industry. More than 50 percent of total losses in two in 2022 came from long short equity funds and half of hedge fund liquidations came from long short equity funds. You can hire people out of banking and they’re multiple. Maverick 14 billion.

Investments 111

Investments Concentration Profit and Loss Economics 111

Barry Ritholtz

AUGUST 29, 2022

And this is part of the story I was so fascinated with was why would someone set-up a company where they deliberately turn over all the future profits to the — to the people? BALCHUNAS: … because if you look at any study, the lowest cost active funds beat their benchmarks way more. I run it at a loss. It’s unique.

Profit and Loss 69

Profit and Loss Marketing Investments Benchmarking 69

Barry Ritholtz

JULY 24, 2023

I started my career as a bank teller, but fell in love with markets. And so for the longest time, I actually thought that my unconventional background, I wasn’t an Ivy League student, I didn’t train at an investment bank, I wasn’t working for a hedge fund, I started my career as a bank teller. Let me explain.

Marketing 52

Marketing Construction Valuation Investments 52

Barry Ritholtz

DECEMBER 12, 2023

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. And Bank of America called me and said, would you like to be director of research and strategy? They announced a $640 million loss and ouch. a year since 1989. So I took that.

Benchmarking 106

Benchmarking Concentration Investments Profit and Loss 106

Barry Ritholtz

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And they go on longer and longer and obviously more profitable for the states that run the lottery. Such a good book written by Nick Leason and brought down Barings Bank.

Investments 52

Investments Valuation Numbers Math 52

Barry Ritholtz

OCTOBER 21, 2024

Their benchmarks were down. 00:03:11 [Speaker Changed] Yeah, we started out, I started on banking, the two year banking program, which merchant banking was the group I was in. So 00:05:24 [Speaker Changed] You’re at a big bank in, in 87, you know, obviously there were a lot of market dislocations later that year.

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Investments Numbers Marketing Leverage 59

Musings on Markets

OCTOBER 28, 2024

As companies mature, with business models delivering profits and reinvestment needs declining, it is not surprising the companies look outward, with acquisitions often entering the equation. billion charge against Goldman Sachs, for the bank's role in the scandal.

Investments 68

Investments Profit and Loss Benchmarking Accounting 68

Barry Ritholtz

JANUARY 14, 2025

So I I, I started off in that, but I mainly learned that I didn’t really wanna do investment banking because it didn’t hit on my core skillset, which was like engineering back down quantitative techniques and tools. It was accounting, investment banking and consulting. And that’s what I did. So I was his first hire.

Investments 59

Investments Finance Profit and Loss Numbers 59

Barry Ritholtz

NOVEMBER 25, 2024

This was the era, 2005, 2006, all of my friends were looking to get banking roles. And so we, we get this contract written and I go off to grad school assuming I would go work at a big bank doing sales and trading in some quant role. A lot of them went to big banks. And I just sort of grew and evolved from there.

Leverage 59

Leverage Investments Marketing Math 59

Barry Ritholtz

FEBRUARY 20, 2024

There are few people in the world who understand the interrelationships between central banks, the economy, and markets like Bill Dudley does this, this is just a master class in, in understanding all the factors that affect everything from the economy to inflation, to the labor market, the housing market, and of course, federal Reserve policy.

Treasury 59

Treasury Marketing Banking Economics 59

Barry Ritholtz

OCTOBER 3, 2023

So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. He knows how to manage risk, and he knows how to trade for a profit for a p and l. 00:29:57 You’ve got a big banking business that you care about, and you’ve got a lot more aspects of the company that you care about.

Marketing 112

Marketing Banking Treasury Profit and Loss 112

Barry Ritholtz

JANUARY 31, 2023

So a lot of the investment banking analysts had already lined up their gig. DUTTA: We sort of cleared out our banking system. We recapitalized our banks very rapidly compared to Japan. And I think in September of that year, Bank of America Merrill Lynch, at that point, hired Ethan Harris, who I think he was at Lehman Barclays.

Economics 59

Economics Marketing Manufacturing Profit and Loss 59