The Big Picture

MAY 13, 2025

This is a fascinating conversation if you’re at all interested in what it’s like to be part of a fast growing organization that is racking up trillions of dollars in assets, what it’s like to create new initiatives. There has been a giant shift from public to private assets over the past, you know, certainly decade or so.

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The Big Picture

JUNE 2, 2025

And when I went there I was gonna be a lawyer and I was gonna major in mathematics and I took my freshman year math and that all went great. And it turned out that half of that class had been the US National Math team and they had all competed internationally and they knew stuff I didn’t. My audio engineer is Steve Gonzalez.

Economy 130

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Abnormal Returns

MARCH 5, 2025

Crypto The government has no strategic reason to own crypto assets. theverge.com) Money management How big asset managers are dealing with the DEI backlash. abnormalreturns.com) Research links: more than math. lefsetz.com) Despite the hype, California is still an engine of growth for the U.S. bloomberg.com)

Math 147

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The Big Picture

FEBRUARY 17, 2025

And to round out your background, you spend time at Alliance Bernstein, JP Morgan Asset Management and Morgan Stanley. Which was interesting because I actually started my career at JP Morgan Asset Management in the high yield and investment grade credit research team. And I did a lot of options math, which I thought was interesting.

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The Big Picture

MAY 6, 2025

Sander Gerber : Well, actually I was good at math. You’ve been managing outside capital across a variety of asset classes and strategies. Because if you don’t include every single data point, then in the matrix math you have a divide by zero issue. This blows up to a $13 trillion asset class.

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The Big Picture

MAY 31, 2024

Sherman oversees and administers DoubleLine’s investment management subcommittee; serves as lead portfolio manager for multisector and derivative-based strategies; and is a member of the firm’s executive management and fixed-income asset allocation committees. He is host of the podcast The Sherman Show and a CFA charter holder.

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The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. She can go anywhere, do anything.

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The Big Picture

FEBRUARY 10, 2023

technology into its search engine. ( trillion in fixed-income assets as a member of BlackRock’s Global Operating Committee and is Chairman of the firm-wide BlackRock Investment Council. Businessweek ) • The Super Bowl’s Most Reliable Stock Market Indicator? Fears about attention spans and focus are as old as writing itself.

Math 167

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The Big Picture

JANUARY 16, 2024

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. I like as a real estate person, you walk through your assets, you can touch and feel things. Essentially you buy assets. It could be all kinds of assets. I knew I wanted to do something in business.

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The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. Eventually leading her to a point where she’s managing quants, running about a hundred billion dollars in assets. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. But that was Linda’s career path.

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The Big Picture

SEPTEMBER 12, 2022

They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature.

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The Big Picture

FEBRUARY 6, 2024

That led me down that track and really well, I had a software engineering job. Let, 00:04:08 [Speaker Changed] Let’s lead up to that transition software engineer at IBM, then you get your PhD, then research at Siemens, which seems to be more of a technological position than a finance position. I really loved it. Are you prudent?

Valuation 130

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Brown Advisory

MAY 31, 2018

STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. It should not be assumed that investments in such securities or asset classes have been or will be profitable. Sharpened by both the U.S.

Startup 52

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Brown Advisory

MAY 31, 2018

STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. It should not be assumed that investments in such securities or asset classes have been or will be profitable. Sharpened by both the U.S.

Startup 52

Startup Math Clients Assets 52

The Big Picture

JULY 19, 2022

You mentioned in the beginning of the book lower asset yields and richer asset prices have pulled forward future returns. So, starting yields of all major assets were coming down in the last decade and last decade — actually, several decades. RITHOLTZ: Really quite interesting. Explain that. RITHOLTZ: Right.

Valuation 130

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Trade Brains

DECEMBER 16, 2022

ROE is also considered the return on net assets. It is because shareholders’ equity is equal to a company’s assets minus its debt. It is because of the simple accounting equation which states that “Equity= Asset – Liabilities (Debt)”. This is usually expressed in percentages. higher ROE. TAAL Enterprises Ltd.

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The Big Picture

DECEMBER 6, 2022

And before that, Morgan Stanley, doing technology and operations planning for the wealth and asset management group. What percentage of the assets are in ETFs relative to mutual funds? So fast forward to where we are today, we have over $40 billion in assets under management. BERRUGA: You know, great question. RITHOLTZ: Wow.

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The Big Picture

SEPTEMBER 3, 2024

So, so you’ve held analyst roles and a number of asset managers. And so I had a lot of contacts in Australia at that point, and one of them was the CEO of what was at the time called Colonial First State Global Asset Management. We just don’t know which, once you start doing things online, that kind of changes.

Investing 144

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The Big Picture

AUGUST 15, 2023

So if you start with the S&P 500 or in this case stocks and bonds, you only have two asset classes, right. So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. If you look at the types of assets that Yale invests in, you can create a benchmark for each pool.

Management 130

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The Big Picture

NOVEMBER 21, 2023

If you think about what AI is already doing for the enterprise, we’re seeing 30 to 50% productivity improvements in engineers. He said, I overpaid for the asset. So here’s the math, Barry. It’s hard to know which assets are going to have durable value. Sarah Livesey is my audio engineer.

Investing 246

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The Big Picture

JANUARY 9, 2024

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like, like the, you know, like the accounting standards.

Banking 130

Banking Retail Math Management 130

The Big Picture

AUGUST 20, 2024

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. We have to pay attention to this, and we have to understand why this is potentially a risky asset. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg.

Assets 167

Assets Management Portfolio Taxes 167

Good Financial Cents

APRIL 14, 2023

And because it is a business, it’s a way of building a major asset. I don’t own a single asset, anywhere, that doesn’t pay a dividend.” Earning potential: 10% – 50% per trade, depending on your investible assets. Presentation skills, marketing, search engine optimization, and networking. Kevin O’Leary Tweet 7.

Accounting 91

Accounting Communication Media Investing 91

The Big Picture

JUNE 6, 2023

I’ll tell you something funny and people you know, we never quite had that accusation, but for the better part of 15 years before I started accepting capital, it was, “Hey, everybody’s telling you how to manage your assets the wrong way. Have I managed my asset allocation and my investment fees? You could do it.

Accounting 130

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The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

Assets 293

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The Big Picture

MARCH 27, 2023

She is an author and former hedge fund trader, specializing in distressed assets. MIELLE: Well, I mean, it was a fairly new asset class. I think, you know, it’s not until probably Farallon came into existence, that it became a real asset class in itself, that stressed and distressed was a category that was thought as investable.

Assets 280

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The Big Picture

NOVEMBER 22, 2022

He really began as a traditional engineer/finance person working at IBM as a network engineer before he got his MBA at Duke. And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. I also saw that they had some really unique assets.

Recruitment 144

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The Big Picture

NOVEMBER 15, 2022

You can go get some turnkey asset management program. We’re in the business of sitting in between asset owners, financial advisors, institutions, retail and asset managers, right, the BlackRock, State Street, PIMCO’s of the world, and helping them understand each other. That is a mug’s game, right?

Management 273

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The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing. ADMATI: OK.

Banking 201

Banking Government Insurance Taxes 201

The Big Picture

AUGUST 29, 2023

DAVIS: It’s a long story, but originally I went to school for engineering. Got to school, realized that I wasn’t very good at mechanical drawing, which is a big part of aerospace engineering curriculum. I got to imagine a year like 2022 wasn’t horrible for Vanguard’s asset growth.

Portfolio 130

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The Big Picture

MAY 30, 2023

BRYANT: So money, unlike math, money is highly emotional. And of course, we can see today that the moral capital in America, which is Atlanta, is also the largest economic engine in the South built on, like New York, diversity and inclusion and good common sense. RITHOLTZ: Right. BRYANT: Number two, money is emotional. RITHOLTZ: Yes.

Banking 144

Banking Economics Economy Business Planning 144

The Big Picture

SEPTEMBER 10, 2024

I wouldn’t say I like one better than the other, but what I would say is I do find more personal satisfaction in helping the asset owner clients who really need the help. And that should tell you whether or not an asset’s probably going to be appreciating or depreciating. So that’s the math.

Valuation 157

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The Big Picture

JUNE 18, 2024

So we think of Fidelity as like this big giant stodgy asset manager. But it just, he just, so we hired him and then we hired more engineers and we hired product people and you know, we made the app functional. 00:40:26 [Speaker Changed] They, they know, they know math, they know math. John Wasserman is my audio engineer.

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The Big Picture

JANUARY 24, 2023

They believed in building businesses and far less focused on financial engineering. KKR was the biggest with $400 million of assets and eight people. And Forstmann Little was the second biggest with $200 million of assets, and four professionals and they hired me in as the fifth professional. And by ‘90s, two guys had left.

Investing 260

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The Big Picture

OCTOBER 21, 2024

Really, there are a few people in the world who have a better sense of distress, asset credit, real estate, and how to not only do the fundamental research, but tactically trade around the positions. 00:02:13 [Speaker Changed] Well, actually I started out electrical engineering. 00:02:16 [Speaker Changed] Me too. Which I, I said Sure.

Numbers 144

Numbers Banking Investing Investments 144

The Big Picture

OCTOBER 17, 2023

I want to get into that before we start talking about asset management. So I, I did a math degree at Oxford, which is more pure math. So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse.

Investing 130

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The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. And the assets under management were smaller. And the fact that you’re trying to bundle it up into a terminal value in, unless the assets are cash or convert to cash. It was the kind who thought it’s cool that 1, 2, 3, 4, 5, 6, 7, 8, 9 times eight is roughly 9, 8, 7, 6, 5, 4, 3, 2, 1.

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