The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. This guy just hired me, the management of this trawler fleet to advise them on whether the management should exercise their legitimate right under the privatization program of Russia to buy 51 percent. So, let me just repeat the math. How many do you have in your fleet?

Government 315

Government Banking Numbers Investing 315

The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is. Risk management.

Investing 130

Investing Investments Clients Management 130

The Big Picture

MARCH 12, 2024

And that’s, that’s the predecessor to Amherst, which we bought in 2000 and had been running it since then. So over time, the risk composition of the pool would, would change dramatically. So think about 2003 home prices had gone up a lot from 2000. And in the 2000 at the 2005 conference, it’s kind of wild.

Banking 143

Banking Investing Investments Marketing 143

The Big Picture

MARCH 27, 2023

Even the guy you think of so highly, you know, after three hedge funds open and close, you got to wonder if there’s some risk management issue there. For a lot of funds, the early 2000 saw a lot of opportunity in the distressed market and in other spaces. MIELLE: — interviewed. But that’s the thing.

Assets 277

Assets Investing Investments Management 277

The Big Picture

AUGUST 15, 2023

So for a taxable investor, hedge funds generally aren’t tax efficient. And when you look at the assets that are invested, the three trillion in hedge funds, I would guess that north of 90% of that are in institutions that don’t pay taxes. You had the run up in the dot coms to 2000. And what was his response?

Management 130

Management Investing Investments Government 130

The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: … risk management. there’s a big focus on how do we optimize for tax efficiency, too. It’s different wealth regimes, it’s different tax regimes.

Clients 290

Clients Wealth Management Investing Investments 290

The Big Picture

AUGUST 29, 2023

Also being cognizant of the tax implications of trading activity. DAVIS: A big part of it is really around when there’s more complicated corporate actions that are happening that entail a level of risk. They like tax-free income, but they also don’t like principal losses. It kind of made me think of a question.

Portfolio 130

Portfolio Investing Investments Numbers 130