The Big Picture

APRIL 29, 2023

Clymer, who’s been dubbed “ The High Priest of Horology ,” founded the site in 2008 and is currently executive chairman; Fowler was appointed Hodinkee’s chief executive officer in 2022. Hodinkee’s ambition is to become the global leader in watches, content, and commerce.

Advertising 158

Advertising Wealth Management Assets Accounting 158

The Big Picture

NOVEMBER 11, 2023

 This week, we speak with Linda Gibson , who is CEO of PGIM ‘s Quantitative Solutions , a pioneer in quant investing managing $119 billion in assets. PGIM is one of the world’s largest asset managers, running $1.27 trillion in client assets. The tech-focused fund started in 2008 and invests in both public and private firms.

Startup 150

Startup Assets Management Investing 150

The Big Picture

OCTOBER 29, 2022

Professor Jeremy Siegel at the University of Pennsylvania, where he is frequently voted Best professor at Wharton, and is the author of Stocks for the Long Run , Jeremy Schwartz is CIO at Wisdom Tree Asset Management , where he has worked since May 2005. In 2008, he received the George Polk Award for financial reporting.

Assets 283

Assets Financial Market Investing Investments 283

Abnormal Returns

SEPTEMBER 28, 2022

wsj.com) Don't fight the last war: this isn't 2008. morningstar.com) FTX FTX won the auction to buy the assets of bankrupt (coindesk.com) FTX.US (awealthofcommonsense.com) Markets Lumber prices are back down to pre-pandemic levels. theirrelevantinvestor.com) Are stocks cheap yet? It depends. Brett Harrison is stepping down.

Financial Advising 222

Financial Advising Media Management Economy 222

The Big Picture

FEBRUARY 1, 2023

Businessweek ) • The Forgotten Lessons of 2008 : Seth Klarman. Wall Street Journal ) • The Private Assets Insurance Companies Want in 2023 : In recent years, insurers have been swapping public assets for private ones. This is a major shift in consumer behavior. ( Wall Street Journal ) • Americans Are Gobbling Up Takeout Food.

Food 264

Food Insurance Assets Economics 264

The Big Picture

FEBRUARY 27, 2023

Trillion Drop, Biggest Since 2008 : San Francisco and New York are slumping as the pandemic boom fizzles out, but migration to Florida has boosted Miami. The firm is the largest listed PE/Buyout firm in Europe, managing $135 billion in assets in Private equity, infrastructure, real estate and debt.

Valuation 275

Valuation Assets Management Marketing 275

The Big Picture

APRIL 4, 2024

Jim Bianco : Coming out of the financial crisis in 2008. The Fed was worried that the psyche of investors was to stay away from Riskier assets like home prices or equities. One of the reasons that the Fed wanted to put rates at zero and push all that money in the risk markets was the psyche coming out of 2008 was people were afraid.

Portfolio 150

Portfolio Management Assets Economy 150

The Chicago Financial Planner

JUNE 13, 2022

Ideally you’ve been rebalancing your portfolio along the way and your asset allocation is largely in line with your plan and your risk tolerance. For example during the 2008-2009 market debacle I looked at funds to see how they did in both the down market of 2008 and the up market of 2009.

Risk Tolerance 188

Risk Tolerance Marketing Marketing Financial Planner 188

The Big Picture

AUGUST 27, 2022

He explains what the Vanguard effect is — notably, the cost-conscious approach jack Bogle pioneered has had a massive impact on the business of managing assets. The Vanguard Group has continually driven costs lower for investors, forcing the rest of the asset management industry to follow suit.

Assets 209

Assets Management Clients Marketing 209

The Big Picture

OCTOBER 7, 2022

If only the Fed didn’t do X, our portfolio would have been much better” seems to be a terrible approach to managing assets for clients. All too often, Fed criticism is thinly-veiled excuse-making for underperforming alpha chasers. “If During the same period of time, the S&P 500 rose 67.9% (2020) and 28.7% (2021).

Economics 329

Economics Banking Portfolio Assets 329

Zoe Financial

APRIL 4, 2023

A diversified portfolio means investing in a variety of asset classes. Let’s discuss asset classes in terms of something everyone understands – shoes. Like asset classes, they each serve a purpose, and it is a good idea for your closet, and your portfolio, to have some of each. Our advice is always to diversify.

Assets 52

Assets Portfolio Taxes Financial Services 52

The Big Picture

SEPTEMBER 23, 2023

This week, we speak with Armen Panossian , managing director and head of performing credit at Oaktree Capital Management , which has $179 billion in assets under management. It was a huge price decline where syndicators got stuck, very reminiscent of the 2008-09 era for banks.

Management 166

Management Medical Portfolio Management Economics 166

The Big Picture

FEBRUARY 25, 2023

The changes set the stage for an iconic asset management partnership that continues to endure. Wired ) • Physicists Use Quantum Mechanics to Pull Energy out of Nothing : The quantum energy teleportation protocol was proposed in 2008 and largely ignored. As Thomas Pynchon’s novel turns 50, its world feels unnervingly present.

Assets 258

Assets Media Management Investing 258

The Big Picture

FEBRUARY 11, 2023

trillion in assets. He left early 2008 to launch his own hedge fund and missed the last phase of Lehman’s existence. This week, we speak with Rick Rieder , who is BlackRock ‘s chief investment officer of global fixed income, head of the fundamental fixed income business, and head of the global allocation investment team.

Communication 174

Communication Banking Investing Investments 174

Abnormal Returns

SEPTEMBER 22, 2022

(morningstar.com) Breaking down which assets are still ripe for active management. citywireusa.com) Women are still not making much headway in the asset management business. axios.com) Mortgage rates are at their highest level since October 2008. finance.yahoo.com) Economy Auto loan delinquencies are on the rise.

Financial Advising 130

Financial Advising Media Valuation Assets 130

Calculated Risk

MARCH 7, 2024

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc.) Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. The third graph shows household real estate assets and mortgage debt as a percent of GDP. in Q3, 2023. in Q3, 2023.

Nonprofit 81

Nonprofit Assets Accounting 81

Validea

APRIL 18, 2024

Trend following is an investment approach that involves taking positions in positively trending assets. The basic premise is to buy assets that are showing an upward trend and sell or short those that are displaying a downward trend. What is Trend Following?

Assets 52

Assets Asset Allocation Investing Investments 52

The Big Picture

MARCH 14, 2023

Irrelevant Investor ) • How the Weekend-Long Freakout Over Silicon Valley Bank Ended : And why the worst bank failure since 2008 happened in the first place. Yale University’s endowment has earned spectacular returns in hedge funds, private equity and other ”alternative assets.” Bloomberg ) • Yale Invests This Way. Should You?

Banking 251

Banking Assets Media Investing 251

The Big Picture

NOVEMBER 5, 2022

However, as with other intangible assets, political capital tends to be overlooked by the market. In 2008, he received the George Polk Award for financial reporting. . • Investing in Influence : Companies invest billions of dollars in political influence through lobbying, campaign contributions, and other means. Sparkline Capital ).

Economics 267

Economics Accounting Assets Investing 267

Advisor Perspectives

OCTOBER 16, 2023

My guest today is here to talk about an asset class that is often misunderstood. Institutional investors have benefitted from the ownership of CLOs for over 25 years, and the asset class has grown to over $1 trillion. These are not the same bonds that eroded the economy in 2008 during the global financial crisis.

Education 52

Education Assets Economy Investing 52

Calculated Risk

SEPTEMBER 8, 2023

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. The third graph shows household real estate assets and mortgage debt as a percent of GDP.

Nonprofit 122

Nonprofit Assets Accounting 122

The Big Picture

SEPTEMBER 26, 2022

The only other years with a higher reading since 1990 were 2008 when the S&P fell 38%, and 2002, when it fell 23%. Pensions Brace for Private-Equity Losses : Retirement officials predict grim results from investments in private equity and other illiquid assets ( Wall Street Journal ). • Wealth of Common Sense ). •

Engineering 290

Engineering Economy Manufacturing Retirement 290

The Big Picture

FEBRUARY 24, 2023

The firm is the largest listed PE/Buyout firm in Europe, managing $135 billion in assets in Private equity, infrastructure, real estate and debt. Trillion Drop, Biggest Since 2008 Source: Bloomberg Sign up for our reads-only mailing list here. It’s also got a whole lot of American fans. ( US Housing Market Posts $2.3

Medical 274

Medical License Insurance Accounting 274

Random Roger's Retirement Planning

APRIL 23, 2024

The simplistic definition is that risk parity equal weights asset classes by their volatility. There can be other things in there too like commodities and there can also be management of the weightings to account for changes the volatility profiles of the various asset classes. It was down a little less in 2008 and 2022.

Assets 59

Assets Retail Management Taxes 59

The Big Picture

DECEMBER 12, 2022

Has private equity avoided the asset-price crash? Survival Lessons From Past Tech Downturns : The current tech downturn could be much worse than it appears now, say those who lived through the 2001 and 2008 crashes—but those who make it have the chance to fuel the next bubble. New York Times ). • Economist ). Wall Street Journal ). •

Math 290

Math Economy Communication Economics 290

Calculated Risk

DECEMBER 9, 2022

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. The third graph shows household real estate assets and mortgage debt as a percent of GDP.

Nonprofit 144

Nonprofit Assets Accounting 144

Nerd's Eye View

APRIL 11, 2023

Thomas is a Senior Partner for Signature Estate & Investment Advisors, an independent RIA based in Los Angeles, California, that oversees nearly $16 billion in assets under management, with $570 million of those assets being managed by Thomas' practice that serves more than 250 client households.

Financial Advisor 130

Financial Advisor Medical Financial Planning Clients 130

The Big Picture

DECEMBER 13, 2023

Not that different from the tulip mania (see the picture below), the dot-com boom, or the house flippers and mortgage boom of 2006-2008 (see the Big Short for similar stories of excess). The madness of crowds is fascinating, fun, and good for a morality tale but it doesn’t really tell us much about the underling asset.

Numbers 303

Numbers Government Assets Management 303

The Big Picture

AUGUST 15, 2022

Let’s look at the 2008 scenario as an example. The asset class has exploded in popularity over the past two decades — but that doesn’t mean it’s about to blow up, argues our columnist. ( Institutional Investor ). • My back-to-work morning train WFH reads: • When is a Bear Market Over? Economic Innovation Group ). •

Communication 282

Communication Startup Management Economics 282

MarketWatch

MARCH 12, 2023

State authorities closed Signature BankSBNY Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008 financial crisis, according to a joint statement by the Department of the Treasury, Federal Reserve, and FDIC.

Banking 76

Banking Assets Clients Investing 76

Advisor Perspectives

DECEMBER 21, 2023

The first actively managed exchange traded funds came to market in 2008. But 2023 may be remembered as the year when the asset class matured, paving the way for broader long-term adoption.

Assets 52

Assets Management Marketing Marketing 52

Don Connelly & Associates

FEBRUARY 5, 2024

With the 2008 global financial crisis fading in the rearview mirror, investors are slowly regaining their confidence in the stock market with a halting willingness to take on more risk.

Clients 52

Clients Investing Investments Financial Advisor 52

Calculated Risk

SEPTEMBER 9, 2022

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. The third graph shows household real estate assets and mortgage debt as a percent of GDP.

Nonprofit 145

Nonprofit Assets Accounting 145

The Big Picture

DECEMBER 8, 2022

It’s a rarity for the two main asset classes, almost always negatively correlated, to perform a duet. New York Times ). • So When Will Stocks and Bonds Un-Link? Here’s what allocators can do about that. ( What’s Going On With the Housing Market?

Transportation 266

Transportation Retail Portfolio Assets 266

The Big Picture

NOVEMBER 21, 2023

The tech-focused fund started in 2008 and invests in both public and private firms. After returning $7B in profits to its LPs, Altimeter manages currently manages $10B in assets. New York Times ) Be sure to check out our Masters in Business this week with Brad Gerstner , founder and CEO of Altimeter Capital.

Startup 246

Startup Commission Media Government 246

Calculated Risk

JUNE 8, 2023

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. The third graph shows household real estate assets and mortgage debt as a percent of GDP.

Nonprofit 98

Nonprofit Assets Accounting 98

Nerd's Eye View

AUGUST 8, 2023

Lori is the CEO of LVW Advisors, an independent RIA based in Pittsford, New York, that oversees more than $2 billion in assets under management for over 450 small-to-mid-sized institutions and ultra-high-net-worth families. Welcome back to the 345th episode of the Financial Advisor Success Podcast !

Investing 199

Investing Investments Financial Advisor Compensation Planning 199