CFO News Room

DECEMBER 13, 2022

JEFFREY RAYPORT: Well, maybe the best way to bring it to life is to talk about one of the companies that we’ve spent a lot of time with, and that’s King Digital Entertainment. Can you just explain what extrapolation is? It’s a London-based game maker. Many people will know it. It’s been recently acquired by Activision Blizzard.

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Barry Ritholtz

AUGUST 29, 2023

RITHOLTZ: We’ll talk a little bit about leadership and crew development a little later. So let’s discuss leadership and what you do to develop crew members and to identify and foster other people’s leadership skills. DAVIS: Where international equities, because of valuations, probably 7% to 7.5%.

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Barry Ritholtz

OCTOBER 21, 2024

Now the, the V on the LTV loan to value the value oftentimes is a disparity because when you ask a tech person, what’s this company worth, generally it’s, it’s very, very high numbers, which we don’t always support from our valuation. What’s been been keeping you entertained?

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Barry Ritholtz

DECEMBER 5, 2023

How, how are the higher rates affecting valuations amongst private companies? 00:37:43 [Speaker Changed] So there’s two issues that are affecting valuations. 00:39:24 [Speaker Changed] So, so let’s look at valuation in a historical perspective. The auditors look at those valuations.

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Barry Ritholtz

MAY 9, 2023

One, when people have asked me to compare and contrast today versus 2007, 2008, what you hear from a lot of people is, yes, there’s some fairly heady valuations. What’s been keeping you entertained? We’ve seen a couple of these events now. There were some fairly aggressive kind of investment strategies being pursued.

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Barry Ritholtz

DECEMBER 6, 2022

One is our leadership in thematic investing. And we’re having very good conversations with clients that I think, at current valuation levels, they remain, you know, very interested in the market and they see some opportunities. I think I mentioned earlier, I have like a four-and-a-half-year-old that keeps me really entertain.

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Barry Ritholtz

FEBRUARY 13, 2023

Now, we’re shifting to more international places like China, Europe, et cetera, that are really growing, and that valuations are cheaper. You serve as the National Leadership Council of Communities in Schools, and the Educational Foundation in New York. Think about the incredible growth of U.S. I mean, I watch tons of sports.

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Barry Ritholtz

JULY 24, 2023

The fact that you’ve got declining risk appetite, declines are prolonged, deep and valuations mean revert. The second, and what’s interesting about that period, is the fact that valuations actually peaked in 1961. MIAN: Valuations are ebb and flow. What’s entertaining the family? ” RITHOLTZ: Right.

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Barry Ritholtz

SEPTEMBER 23, 2024

But that valuation, to be able to come up with the valuation, to be then able to work in a restructuring process, bankruptcy process, and say, Hey, I think at the end of this, we are buying debt at 50 cents. Starting with, tell us what’s keeping you entertained these days? Netflix, what keeps you entertained?

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Barry Ritholtz

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What’s keeping you entertained? RITHOLTZ: Sure.

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Barry Ritholtz

SEPTEMBER 26, 2023

And if they don’t, we’re happy to own them at the valuation that we are creating that company act. I’m not, I’m not really into fiction or, or entertaining reading. Tell us about what’s going on today that makes it so interesting. 00:37:26 [Speaker Changed] Huh. That’s really quite intriguing.

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Barry Ritholtz

MARCH 26, 2024

Obviously, you know, geopolitics and the election and black swan risks are always the potential, but I think sentiment and valuation. As we all learned in the 1990s, valuation can get stretched and sentiment can get stretched, and that can last for years. Let’s jump to our speed round.

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Barry Ritholtz

DECEMBER 20, 2022

It’s just a fascinating conversation about looking at the world from both bottoms up and top-down, as well as thinking about what valuations are like, how likely are macro events, the impact you’re getting not just the return on capital, but as famously said in fixed income, a return of your capital. RITHOLTZ: Really quite fascinating.

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Barry Ritholtz

MAY 21, 2024

And one of the worst performing factors has been valuation. So we’re now in an environment where all the 45-year-old portfolio managers out there have been, have worked their entire careers in these momentum fueled markets, and they’ve been trained to believe that valuation doesn’t matter. I loved White Lotus.

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Barry Ritholtz

DECEMBER 17, 2024

Doesn’t it deserve a, a richer valuation? And, and then they’ve lost leadership on Foundry to TS MC 00:36:14 [Speaker Changed] And then MA Mobile, they lost 00:36:16 [Speaker Changed] Leadership on that. That we ask all of our guests starting with what’s keeping you entertained these days? I 100% agree.

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Barry Ritholtz

FEBRUARY 20, 2024

And he also talked about the importance of the US role in the world in terms, I 00:30:48 [Speaker Changed] I picked that up also in terms of, I thought that was the first time I’ve heard of Fed Chief talk about liberal democracy is an important aspect of global leadership. And I thought, oh boy, we’re in big trouble.

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Barry Ritholtz

JANUARY 7, 2025

00:24:49 [Speaker Changed] So let’s talk a little bit about valuation in the public markets. Does that valuation difference in the public markets extend to private markets as well? Does that valuation difference in the public markets extend to private markets as well? Hence the valuation gap.

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Barry Ritholtz

NOVEMBER 7, 2023

I found the book to be really entertaining and, and amusing and a little bit horrifying. It really is just a, a, a very entertaining book and I thought this conversation was, was absolutely fascinating. 00:38:35 [Speaker Changed] So, so tell us a little bit about the leadership of Tether. But Zeke is a, a fascinating guy.

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