article thumbnail

Transcript: Matt Levine

The Big Picture

But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. You were saying that you had a code of ethics, but then your CEO was sexually harassing people. Like that solves like a number of issues. And I love that.

Retail 130
article thumbnail

Transcript: Eric Balchunas

The Big Picture

I mean, I could count them on one hand the number of people who have his depth of knowledge in this space. And I think that’s maybe part of my legacy if there is one here is to — I was — in 2005’-‘07, I was like, oh, my god, I was like kicking the tires on ETFs, and I’m like, “These things are going to take over.”

Assets 161
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Kathleen McCarthy

The Big Picture

MCCARTHY: I’d back up actually a little bit further in thinking about how did I get there, because I don’t think it was very obvious actually that I would come out of Yale with an ethics, politics and economics degree — RITHOLTZ: Perfect really, right? MCCARTHY: — and end up in M&A on Wall Street. RITHOLTZ: Right.

Assets 152
article thumbnail

Transcript: Antti Ilmanen

The Big Picture

Those types of excess savings were sort of the culprit for the conundrum in 2005 or whatever it was. We’ve come from the lows but we are still like, let’s say, 60 to 40, two percent real yield is roughly the number as opposed to the four plus long run. Don’t sacrifice your ethics, that integrity matters. What is it?

Investing 130
article thumbnail

2016 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man. Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man. Ruane passed away in 2005.

article thumbnail

Transcript: Dave Nadig

The Big Picture

I have lots of different ways I can get that number to go up. It’s still a fairly small number. You can make smaller bets that are lower Kelly number. NADIG: — in 2005 is probably wrong. NADIG: Well, so you know, if you think about right now, I have a million dollars, I want to put the work. NADIG: It is.