Barry Ritholtz

NOVEMBER 19, 2024

Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. And there was people, Physics didn’t have, people, psychology didn’t have math, economics was kind of the right mix. The math doesn’t math. That was too abstract. Yeah, I’m gonna vote.

Profit and Loss 57

Profit and Loss Math Finance Economics 57

Barry Ritholtz

MAY 30, 2023

So I think that resiliency piece, never giving up, never giving in, redefining, Barry, success as going from failure to failure without loss of enthusiasm, I think that’s everything. And like every business, they want revenue and they’d like to have a surplus profit. BRYANT: So money, unlike math, money is highly emotional.

Economics 57

Economics Education Profit and Loss Banking 57

Barry Ritholtz

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. And so that then led to the sale of that business in the late 1990s to Credit Suisse. It would go up, it should go up.

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

CFO News Room

DECEMBER 13, 2022

There was real formal learning, there was sitting in on sales meetings, or client reviews with other advisors. He’s a loss leader.” We talked about that, there was no sales pitch. Just what did it look like in actual on site, “I’m in this internship doing things I’m getting paid for.”

Planning 130

Planning Profit and Loss Numbers Leadership 130

Barry Ritholtz

JUNE 18, 2024

But Barry Ritholtz : You found out it was all sales, right? But Erika Ayers Badan : It was all sales. You know, speaking of Thanksgiving, like Thanksgiving night, we always launched a Black Friday sale at midnight on Thanksgiving, and we would work until four in the morning getting people’s orders, getting orders out.

Entertainment 57

Entertainment Investments Math Advertising 57

Barry Ritholtz

DECEMBER 12, 2023

And I was a math nerd as a kid. They announced a $640 million loss and ouch. But if, if it has a history of not being profitable, you you really want to exclude that. The visibility on earnings they grew but they stayed profitable as, as they grew. So big loss. So I took that. That was real money. Real money.

Benchmarking 104

Benchmarking Concentration Investments Profit and Loss 104

PYMNTS

OCTOBER 16, 2017

Their sales pitch was very convincing. The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. In concept.

Currencies 71

Currencies Concentration Financial Systems Investments 71

Barry Ritholtz

JANUARY 24, 2023

But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. You got 60 percent of losses ahead of you. RITHOLTZ: So it’s different math then I need 100x winner versus 99?

Mergers and Acquisitions (M&A) 104

Mergers and Acquisitions (M&A) Investments Leverage Numbers 104

Barry Ritholtz

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. ASNESS: And we had a great almost a decade, because everything else we do work, profitability one; fundamental, momentum one; low risk one.

Profit and Loss 67

Profit and Loss Valuation Forecasting Investments 67

Barry Ritholtz

MARCH 12, 2024

And so, so we sort of felt pretty stupid for a while because we did a lot of losing trades in 2006 that were the, you know, that obviously didn’t come to fruition until the actual people could see the losses. So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss.

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57

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. Or who has this profit?

Marketing 109

Marketing Banking Treasury Profit and Loss 109

Barry Ritholtz

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. BROWDER: And I’ll just point out that this was back in the days when $100 million profit is real money. How many do you have in your fleet? It is $2 billion on the ship. RITHOLTZ: Wow.

Investments 127

Investments Math Banking Profit and Loss 127