Remove 2001 Remove Portfolio Remove Risk Management
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Transcript: Sander Gerber, CEO and CIO Hudson Bay Capital

The Big Picture

In other words, people had these models that would give you one volatility exposure across the entire portfolio. And risk is not about not losing money. Risk management is not about not losing money. Risk management is about unexpectedly losing money. Worst case downside. Exactly right.

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Market Commentary: S&P 500 Makes New All-Time High as Fed Goes Big

Carson Wealth

If they are cutting due to a panic (think March 2020) or due to a recession (like in 2001 or 2007) potential trouble could indeed be lurking. But as we’ve been writing all year, we do not see a recession coming and with inflation back to manageable levels, there was simply no reason to have interest rates up over 5%. on average.

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Killer Vees

The Irrelevant Investor

A bounce of this magnitude makes a mockery of risk management. The bad news is 2001 was a major head fake and there is no way to know whether today is 1982 or 2001. One of the challenges with tactical portfolio management, particularly with trend following, is that whipsaws are part of the deal.

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Transcript: Joe Barratta of Blackstone

The Big Picture

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. RITHOLTZ: So you lasted two or three years, and then you get tapped to go to London in 2001. BARATTA: In November of 2001, when I moved over — RITHOLTZ: Sure.

Assets 157
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Small Caps: The Big Picture

Brown Advisory

In March 2021, we started to see nonearners’ performance roll over, which is more in line with historical averages; for the 2001–2021 period, earners outperformed nonearners by 3% on an annualized basis. Note: 2001-2021 period is annualized. small-caps particularly attractive, especially from a risk management perspective.

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Small Caps: The Big Picture

Brown Advisory

In March 2021, we started to see nonearners’ performance roll over, which is more in line with historical averages; for the 2001–2021 period, earners outperformed nonearners by 3% on an annualized basis. Note: 2001-2021 period is annualized. small-caps particularly attractive, especially from a risk management perspective.

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Transcript: Julian Salisbury, GS

The Big Picture

And then I was the beneficiary of the TMT bubble bursting in 2001. But what was interesting about that was the quick need to both separate the portfolio between the old stuff and the new stuff, because there were a lot of new investment opportunities. So you’re Chief Investment officer of Asset and Wealth Management.

Assets 293