Barry Ritholtz

AUGUST 29, 2023

So I was a mile deep on a subject matter of bond indexing, but now I had the opportunity to lead an equity indexing group, the entire fixed income team, our investment strategy team that does research for our clients around portfolio construction, those types of things. They create the benchmark. DAVIS: So on the bond side, we have both.

Investments 52

Investments Benchmarking Valuation Construction 52

Barry Ritholtz

FEBRUARY 13, 2023

But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And how do you make the decision, I’m not comfortable with this credit risk relative to the return it’s going to throw off?

Mergers and Acquisitions (M&A) 59

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

Barry Ritholtz

SEPTEMBER 26, 2023

So, 00:25:13 [Speaker Changed] So let’s talk about that before we get to private credit. First time in decades, treasuries and investment grade corporates, it’s, it’s an attractive yield at five 5.5%. The cost of constructing a home is higher today than it was three years ago. That’s an example.

Investments 52

Investments Banking Economics Marketing 52

Barry Ritholtz

AUGUST 15, 2023

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s much more about security selection and a relatively static portfolio construction. SEIDES: No, you’re right about the securities. That could have saved SVB.

Investments 52

Investments Benchmarking Marketing Treasury 52

Barry Ritholtz

MARCH 12, 2024

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.

Profit and Loss 59

Profit and Loss Investments Marketing Securities 59

Barry Ritholtz

DECEMBER 20, 2022

So we have to think about credit risk like everybody else. But at the end of the day, emerging markets risk is about credit culture, people, how do they behave in times of duress in the past, predict how they’re going to behave in the future. Treasury, the OFAC restrictions. But that’s very helpful too.

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Restructuring Investments Marketing Banking 64

Barry Ritholtz

JULY 22, 2024

So let’s talk a little bit about your experience at the US Treasury Department. 00:03:16 [Barry Ritholtz] So when we look at US treasuries, right, that they’re about 40% of the Bloomberg Barclays Ag, the largest set of holdings by far. 00:10:11 [Speaker Changed] I’m, I’m glad you brought up the team construct.

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Credit Risk Treasury Investments Marketing 59