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Why Portfolio Diversification is for the Ignorant Investor

Risk Management Guru

The Risk Management Guru (RMG) blog was founded in October 2015 with a very clear sense of purpose: to become the go-to blog for the best articles about Risk Management. Without you, this adventure would not be possible nor would the Risk Management Blog have its unique personality. our gurus). our gurus).

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Transcript: Maria Vassalou

The Big Picture

Maria Vassalou has a fascinating history and background, London School of Economics to Columbia School of Business, where she actually was a professor for over a decade, and started consulting to the hedge fund and financial services industry. And that led her to various jobs at Wasserstein Perella McKinsey’s Asset Management Group.

Assets 164
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Transcript: Armen Panossian

The Big Picture

Armand Posiion is head of performing credit at Oaktree Capital Management, where he works with the likes of, of Bruce Kosh and Howard Marks. I wanna say it’s about $179 billion in client assets. I remember when I bought my first house in 2006, they, all I was asked was if I intended to repay the debt. And it did.

Banking 130
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Transcript: Sean Dobson, Amherst Holdings

The Big Picture

And I would say that Washington was pretty interesting because we had gone and, and spoken to people in 2005, 2006, and to kind of let people know that there was something, these are, this is a trillion dollars worth of misprice risk. So let’s talk a little bit about who the clients are for Amherst. Fascinating.

Banking 143
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Transcript: Joe Barratta of Blackstone

The Big Picture

I think because the private equity investing model has been really good for our clients, which are state pension plans, sovereign wealth funds, you know, ensuring the retirement safety of many — tens of millions of people. In 2006, ’07, ’08, you saw the financial crisis. So we share themes and we share these economic signals.

Assets 154
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Transcript: Ken Kencel

The Big Picture

And back then, you know, again, it was a very interesting place to be because they had lots of capital and they had lots of clients. So subsequent to that business at Indosuez, I launched my own firm in 2006, and this is now further into that bank consolidation dynamic. KENCEL: That’s exactly right. You guys had a huge year.

Banking 143
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Transcript: Gary Cohn

The Big Picture

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. We dive deep into all sorts of things about running businesses, managing risk, and then when we began talking about his public sector service, we went deep into the Tax Cuts and Job Act of 2017.

Taxes 271