Barry Ritholtz

SEPTEMBER 12, 2022

BITTERLY MICHELL: Not in leveraged, no, not at all, give more …. The next question that you alluded to, which is really interesting about revenue and profits, how solid in inflation hedge are equities? It’s late in the summer in 2022, markets sold off 22, 24 percent, recovered about half of those losses …. RITHOLTZ: Right.

Investments 119

Investments Marketing Profit and Loss Banking 119

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. And you know, just simple things like, hey, the value of tax loss harvesting, how do you make that apparent to people? And that’s been true through time.

Leadership 111

Leadership Investments Profit and Loss Technology 111

Barry Ritholtz

OCTOBER 21, 2024

Their benchmarks were down. I had no money back in 87, but certainly, you know, some of the managing directors and other people that had some money, they, they made quite a, quite a bit of of profits on, on some of the left for dead Microsoft and others that were just, you know, sold to very low levels as 00:06:28 [Speaker Changed] Opposed.

Investments 59

Investments Numbers Marketing Leverage 59

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

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. So the actual source of profitability in that trade is not the level of the vix, but the shape of the vol surface. That’s amazing leverage.

Concentration 69

Concentration Valuation Marketing Investments 69

Global Finance

MAY 8, 2024

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 of E.Sun’s overall profit.

Banking 52

Banking Profit and Loss Construction Retail 52

PYMNTS

APRIL 18, 2018

Canadian businesses have focused on financial health, making sure balance sheets and PNLs [profits and losses] are in good shape,” he continued, adding that PayNet’s latest analysis shouldn’t alarm investors or entrepreneurs just yet.

Marketing 40

Marketing Profit and Loss Benchmarking Currencies 40

Barry Ritholtz

AUGUST 16, 2022

And so, you know, it was relatively, I wouldn’t say straightforward because I don’t think generating consistent profits has ever been something that’s so straightforward or so easy. And it’s always going to expect to lose some of those profits when the trend reverses, but still end up capturing the meat of the trend.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

Barry Ritholtz

MARCH 21, 2023

But if you buy low multiples and sell high multiples, either in a long-only beat the benchmark sense, whether over and underweight, and you did the same thing everyone does and call me a hedge fund manager. And value and momentum do, whether it’s relative outperformance against a benchmark or absolute performance in a hedge fund.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69

Barry Ritholtz

NOVEMBER 25, 2024

Most clients, whether they’re individuals or institutions, have some sort of benchmark, a policy portfolio, some strategic asset allocation that they start with. That gold in this example needs to outperform to have that portfolio or at least keep up with over the long run for that portfolio to not under underperform the benchmark.

Leverage 59

Leverage Investments Marketing Math 59

Barry Ritholtz

JANUARY 14, 2025

I always assumed it was the opposite that alright, they’re, you know, like the 1 30 30 funds or whichever variation you’re looking at, I always assume that they’re leveraged up and even if they’re long, short, all that money’s put to work. You’re saying that’s not the case? A lot of costs built in.

Investments 59

Investments Finance Profit and Loss Numbers 59

Barry Ritholtz

OCTOBER 3, 2023

It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. 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. Or who has this profit?

Marketing 112

Marketing Banking Treasury Profit and Loss 112