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 that then led to the sale of that business in the late 1990s to Credit Suisse. I found this conversation to be both interesting and surprising.

Concentration 67

Concentration Valuation Marketing Investments 67

Barry Ritholtz

SEPTEMBER 12, 2022

KRISTEN BITTERLY MICHELL, HEAD OF NORTH AMERICAN INVESTMENTS, CITI GLOBAL WEALTH: It’s really interesting because I’m not someone that you would think would be the typical profile to end up in capital markets or — or sales and trading. Home sales are declining, although rents remain high. BITTERLY MICHELL: … was — no, no.

Investments 117

Investments Marketing Profit and Loss Banking 117

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 I was a math nerd as a kid. You’re 34th, you’re retiring after 34 years and you trounce what’s really the more appropriate benchmark, I would assume the Russell 2000.

Benchmarking 104

Benchmarking Concentration Investments Profit and Loss 104

Barry Ritholtz

FEBRUARY 13, 2023

And then somebody convinced me to go into sales and trading, and I decided to do that. And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. And you know, I love markets. There is alpha.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Investments Marketing Education 57

Barry Ritholtz

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. 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. They grew more in terms of earnings, sales, cash flows.

Profit and Loss 67

Profit and Loss Valuation Forecasting Investments 67

Barry Ritholtz

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. With 83% of the s and p 500 reporting earnings sales are roughly in line. What was the career plan?

Finance 57

Finance Marketing Numbers Investments 57

Barry Ritholtz

JULY 15, 2024

Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. I thought this conversation was fascinating, and I think you will also, with no further ado, Loomis sales. I started out math and, and physics, and in high school I was a rock star in math and physics.

Investments 57

Investments Marketing Banking Benchmarking 57

Barry Ritholtz

NOVEMBER 21, 2023

Sales centers are, are more productive. You know, I think of like a Mike Spies or at Sutter Hill, you know, a Martine Cado and Andreessen, you know, Gurley when he was at Benchmark. So here’s the math, Barry. In a sales center or a call center, right? It’s 00:52:47 [Speaker Changed] A tough benchmark to beat.

Investments 98

Investments Marketing Startups Accounting 98

Barry Ritholtz

OCTOBER 3, 2023

Now, there was one really important part of, of that as part of my job training, I was sent to the big sales offices to learn how the product was sold. One of the big sales offices was out in Long Island in Garden City. You’re doing a lot of math in your head on the Fly. 00:16:40 So there was a way to judge yourself.

Marketing 109

Marketing Banking Treasury Profit and Loss 109