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Transcript: Richard Bernstein

Barry Ritholtz

You get a BA in Economics from Hamilton College. So what we did was we figured out the economic rationale, the macroeconomic influences about why growth and value work at any point in time. BERNSTEIN: I was a maintenance guy in a pharmaceutical plant. I found this conversation to be fascinating, and I think you will also.

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Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. And the division that I was in was below plan. So it leads to the question, what’s the secret to this longstanding outperformance against all benchmarks and, and all passive measures?