2009 Asset Allocation Budgeting Risk Management 
The Better Letter
JANUARY 26, 2024
The DJIA closed 1999 at 11,497 and 2009 at 10,428. At the GFC bottom, March 9, 2009, the Dow traded at 6,547. Meanwhile, he keeps losing managing other peoples’ money and getting paid handsomely for it, longing for the day when he will – finally – be vindicated. So, he missed it by a mile.
The Big Picture
DECEMBER 20, 2022
And don’t take a lot of risk and make a lot of money, supposedly, right? And so I go into ’97, my book, the restructuring book has a $5 million, what do you call it, budget, then they raised it to 10, then they raised it to 30, and then they raised it to 40. KOENIGSBERGER: Yeah. RITHOLTZ: Sure.
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