Barry Ritholtz

OCTOBER 21, 2024

Their benchmarks were down. And so there was a number of less liquid markets that made for quite wide spreads. And so there was certainly a number of different movements, but there was certainly downside of these things. And you know, I think ultimately there was a number of opportunities that came out.

Investments 59

Investments Numbers Marketing Leverage 59

Barry Ritholtz

SEPTEMBER 12, 2022

I wasn’t that typical person that did a number of, you know, internships during the summer, had that …. So obviously, we’re seeing some relief in the commodity sector, but more broadly it’s, you know, whether or not how quickly are we going to see that number come down. So derivatives were a part where I was very intimidated.

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

SEPTEMBER 19, 2023

00:12:53 [Speaker Changed] I think number one, the team, my team at Goldman and the, a broader team even and the team at Maryland are, are some of my favorite people. New York is number one. It could be off on the wage increase number somewhere around there. What, how do you work around those sort of numbers?

Investments 59

Investments Math Risk Management Benchmarking 59

Barry Ritholtz

OCTOBER 31, 2023

And now we have a number of different hedge funds, some we have in the macro, we have multi-Strat, we have point hedge funds with in technology in the healthcare field. 00:15:29 [Speaker Changed] That’s your benchmark, correct? Do do we care about round numbers like a hundred million or 500 million in sales?

Investments 64

Investments Marketing Numbers Valuation 64

Barry Ritholtz

FEBRUARY 13, 2023

And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. And because remember, Lehman had the Lehman Agg and that was the benchmark. You said BlackRock absorbed R3.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Marketing Education 59

Barry Ritholtz

SEPTEMBER 3, 2024

Heather comes from with a fascinating background, having previously been in a number of other places, most notably Morningstar, and, and she has a very specific approach to investment management and thinking about stock selection. They do a number of things at Diamond Hill that many other investment shops don’t.

Investments 59

Investments Valuation Concentration Marketing 59

Barry Ritholtz

MARCH 7, 2023

How do you crunch the numbers on that, and where do you come out on small cap and value? The hedge fund industry, generally, is outperforming their benchmarks. And at the same time, we have also a number of short-term drivers to the markets that we need to take into account. Now, is that historically a very high number?

Investments 69

Investments Marketing Risk Management Economics 69

Barry Ritholtz

NOVEMBER 14, 2023

She has run a number of firms and a number of divisions at large firms and traced a career arc that’s just very unusual compared to the typical person in finance. You have to say something positive X number of times that you The 00:24:30 [Speaker Changed] Sandwich. What whatever, whatever audio, video is entertaining you.

Math 52

Math Investments Leadership Entertainment 52

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. Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. And whether it’s all numbers or even numbers.

Investments 52

Investments Valuation Numbers Math 52

Barry Ritholtz

OCTOBER 24, 2022

So there are a number of us heading in out of college into the BLS. NORTON: Concentrated portfolios or willing to stick our necks out and look different than a benchmark. You know, pretending to be active but mimicking the benchmark because of how big, you know, the big six companies in the U.S. RITHOLTZ: — differences.

Investments 52

Investments Valuation Benchmarking Marketing 52

Barry Ritholtz

AUGUST 20, 2024

And the advice that he gave to David Einhorn about it that helped lead Einhorn to start really kicking the benchmark’s butt again for the past couple of years. And so it is important that at least you’re able to entertain that. I found this conversation to be both interesting and surprising. But let’s give you 30%.

Concentration 69

Concentration Valuation Marketing Investments 69

Barry Ritholtz

JULY 24, 2023

RITHOLTZ: You had 1987, you had 1997, you had 1998 there were a number of really substantial. Because obviously fundamental underpinning to the secular bull market, you know, number one is the fact that households are in better financial conditions than they have been since, you know, the GFC. What’s entertaining the family?

Marketing 52

Marketing Construction Valuation Investments 52

Barry Ritholtz

AUGUST 29, 2022

I mean, I could count them on one hand the number of people who have his depth of knowledge in this space. I — I couldn’t believe the numbers. BALCHUNAS: … because if you look at any study, the lowest cost active funds beat their benchmarks way more. And that’s why he is really a — a fascinating character.

Profit and Loss 69

Profit and Loss Marketing Investments Benchmarking 69

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 because my mother and grandmother were looking at these trying to figure out what was going on, I was curious about the sea of numbers. The s and p 500 has underperformed his fund by 3.7%

Benchmarking 105

Benchmarking Concentration Investments Profit and Loss 105

Barry Ritholtz

JULY 29, 2024

Not only has she been named to a number of hundred most influential women in finance, I don’t know many people who have seen as much of this industry on the front lines as she has for as long as she has, and is now in a position to very much drive change within the industry as CEO. Natalie Wolfson is CEO of Orion.

Investments 59

Investments Communication Benchmarking Technology 59

Barry Ritholtz

AUGUST 16, 2022

And if you’re able to do that in a diverse number of markets and asset classes, while managing risk in the markets that aren’t trending, you know, that’s in general how trend following works. RITHOLTZ: And last question about the various teams, does everybody have a different benchmark? How do you track performance?

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

Barry Ritholtz

MARCH 14, 2023

So up 18 or 19 percent for the year, you see those spectacular numbers. BERNSTEIN: So, Barry, I would argue that the number one factor that caused secular disinflation was globalization. Number one is one has to remember that that’s what the Fed is trying to do. RITHOLTZ: — taken into as poorly as the benchmark.

Quantitative Analysis 64

Quantitative Analysis Investments Valuation Marketing 64

Barry Ritholtz

MARCH 26, 2024

A and, 00:12:27 [Speaker Changed] And my takeaway from that is market timing is one part science, where you’re crunching numbers and looking at history, but you can’t get away from one part art where after you’re watching the markets for decades like him, there’s a an intuitive feel where just something starts to smell wrong.

Investments 59

Investments Marketing Concentration Economics 59

Musings on Markets

OCTOBER 28, 2024

As a consequence, the fund invests a significant proportion of its money in Saudi-based businesses in aviation, defense, entertainment, tourism and sports. Asia has the largest number of sovereign wealth funds, but the funds from the Gulf/Middle East are among the largest, in terms of funding at their disposal.

Investments 68

Investments Profit and Loss Benchmarking Accounting 68

Barry Ritholtz

MAY 21, 2024

So it’s got this math angle where it, you know, it’s all numbers, but then there’s this behavioral angle and psychological angle where, you know, it’s, it’s kind of a fun problem to tackle. It’s kind of a silly number, but people are going to think you’re smart or dumb based on that number.

Finance 59

Finance Marketing Numbers Investments 59

Barry Ritholtz

NOVEMBER 21, 2023

00:17:50 You wanna know why Dara reported for Uber that again, their number of employees was down quarter of over quarter. It’s 10 blue links, but it’s an infinite number of blue links. So remember data and data infrastructure, that is the number one primitive to ai. Sales centers are, are more productive.

Investments 98

Investments Marketing Startups Accounting 98

Barry Ritholtz

OCTOBER 28, 2024

And when you’re doing it without it, without it, it the form it is quite a good benchmark. And then it kind of started to roll 00:15:07 [Speaker Changed] And I, I wanna put some flesh on those numbers. We know that we are in the entertainment industry. And 00:39:53 [Speaker Changed] That’s a big number.

Investments 59

Investments Profit and Loss Numbers Entertainment 59

Barry Ritholtz

NOVEMBER 15, 2022

And I literally just started putting adjectives and nouns on piece of paper, trying to figure out like how do I describe the work that I think I should be doing, and that hopefully, people find at least entertaining, if not valuable? I have lots of different ways I can get that number to go up. It’s still a fairly small number.

Investments 111

Investments Finance Marketing Math 111

Barry Ritholtz

JANUARY 14, 2025

They are a multi-manager, multi-strategy hedge fund that has put up some pretty impressive numbers. And even to this day, I think in terms of like sheer number count, the vast majority of hedge funds are really stock picking hedge funds, long, 00:18:12 [Speaker Changed] Short 11,000 hedge funds out there today. Half is a giant number.

Investments 59

Investments Finance Profit and Loss Numbers 59

Barry Ritholtz

JULY 15, 2024

I wasn’t really that interested, but I gutted through it and I started interviewing for the first internships, and I started, you know, I had a number of them. I had a number of other things as well. They take a benchmark in that case, the aggregate index is by bar the, the most common one used. That was one aspect of it.

Investments 59

Investments Marketing Banking Benchmarking 59

Barry Ritholtz

FEBRUARY 20, 2024

And, and since then, you, you’ve gone on to do some work reforming L-I-B-O-R as the benchmark for rates. ’cause L-I-B-O-R was probably the most important number, certainly in credit, maybe in all of finance. Number one, the economy’s a lot stronger than they thought it was gonna be.

Treasury 59

Treasury Marketing Banking Economics 59