Musings on Markets

AUGUST 15, 2023

As the risk-free rate rises, expected returns on equities will be pushed up, and holding all else constant, stock prices will go down., and the reverse will occur, when risk-free rates drop.

Investments 98

Investments Currencies Treasury Hurdle Rate 98

Barry Ritholtz

FEBRUARY 21, 2023

And right now, you look back over 10 years, our active funds, 94 percent are outperforming their competitive group averages, 68 percent are outperforming their benchmarks. That means a low hurdle rate. So we’re probably a lot more patient, but at the same time, you know, highly educated in the questions we ask.

Leadership 111

Leadership Investments Profit and Loss Technology 111

Barry Ritholtz

MAY 21, 2024

And so I went to business school, I decided to go to business school, get that formal education. And it’s gotten ver like the average active fund has gotten closer and closer to the benchmark over the last five years. But now we’re back to a more normal hurdle rate. 5% interest rates is not super high.

Finance 59

Finance Marketing Numbers Investments 59

Barry Ritholtz

NOVEMBER 25, 2024

Let me see if I can go to grad school, continue this education. Most clients, whether they’re individuals or institutions, have some sort of benchmark, a policy portfolio, some strategic asset allocation that they start with. So it creates a fer 00:24:32 [Speaker Changed] Rate. It’s a bit of a mouthful.

Leverage 59

Leverage Investments Marketing Math 59