The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. SALISBURY: At the simplest level we manage money for our clients. Three main client segments.

Assets 290

Assets Clients Investing Investments 290

The Big Picture

SEPTEMBER 19, 2022

The advertising model, as we have learned is not aligned with customers’ interests, right? And from a public market, that sounds like it’s a compliance and conflict nightmare. And you know, the only thing math works on recognition by peers, and there’s some prizes. You guys approach it differently.

Valuation 296

Valuation Investing Investments Engineering 296

The Big Picture

FEBRUARY 13, 2023

Much of how BlackRock evolved is, you know, trying to be pressured about what is the next evolution of what clients are looking for. ADVERTISEMENT) RITHOLTZ: So you’ve been with BlackRock since the financial crisis. I mean, I said this to clients all the time, we could make the wrong decision on markets. Is it repeatable?

Economy 143

Economy Numbers Portfolio Marketing 143

The Big Picture

MARCH 21, 2023

But when you’ve gone through two-year periods like the tech bubble, and three-year periods like ‘18 through ‘20, I think myself, my family and some of my clients might take issue with the word consistently. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. RITHOLTZ: Right.

Valuation 164

Valuation Investing Investments Numbers 164

The Big Picture

MAY 16, 2023

Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. Whereas eTrade they were spending billions on advertising. RITHOLTZ: So great advertising, but expensive advertising. So this is the math that I applied. So think about this, do the math.

Media 281

Media Investing Investments Valuation 281