Barry Ritholtz

FEBRUARY 21, 2023

BUCKLEY: I think it’s one huge lesson for us, and it’s brought out in our leadership team. 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 do that.

Leadership 110

Leadership Investments Profit and Loss Technology 110

Barry Ritholtz

MAY 9, 2023

But I don’t think this is a wholesale shift, we’re in a higher rate environment, obviously, for now. And while rates will likely start rolling over into next year, I think we’re in an environment where the hurdle rate for making more illiquid investments is higher.

Investments 118

Investments Banking Advertising Numbers 118

Barry Ritholtz

DECEMBER 26, 2023

Here’s how I would identify a core along you, you first and foremost, you identify what your benchmark is, how are you measuring your performance? And what it’s telling us now is that some of the, the cyclical sectors like financials, materials, industrials, they had a chance to rotate into a bigger leadership position and failed.

Marketing 63

Marketing Leadership Finance Investments 63

Barry Ritholtz

MAY 21, 2024

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. And to his credit, and this is a, a good display of leadership Yes. 00:50:03 Not anymore.

Finance 58

Finance Marketing Numbers Investments 58