Steve Sanduski

AUGUST 22, 2023

John Furey and I discuss: John’s thoughts on the 2005-2010 “breakaway movement” that created so many new RIAs versus where the industry is today. Why there is a disconnect between the valuation level of private advisory firms and publicly traded firms.

Strategic Planning 52

Strategic Planning Valuation Communication Investment Advisor 52

The Big Picture

MARCH 5, 2024

They really encouraged us to, to start businesses. So I remember writing the merger, our business plan there. And then implementing the business. So Magnetar launches in 2005 with some capital, and you joined you, you weren’t one of the original founders, but you joined not long afterwards.

Banking 147

Banking Portfolio Assets Investing 147

The Big Picture

MAY 16, 2023

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. And I’m like, dad, I found I need 25 grand to get going and my dad said send me a business plan. I went to business school RITHOLTZ: He just wanted you to go through the exercise. RITHOLTZ: 2004, 2005.

Media 290

Media Investing Investments Valuation 290

The Big Picture

FEBRUARY 4, 2025

And this was in 2005. It was not our plan. So we moved our family over here from Paris in 2005. And who by the way, also have a PhD in economics because they were the ones who got me into de bank starting in 2005. How do you think about valuations for both equities and fixed income here in the beginning of 2025?

Economy 257

Economy Banking Economics Taxes 257