article thumbnail

Transcript: Anat Admati

The Big Picture

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.

Banking 201
article thumbnail

Transcript: Steven Klinsky

The Big Picture

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. So you sell a lot of houses and you get commission on what you sell. KLINSKY: Well, thank you. Thanks for the condolences.

Investing 260
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Peter Borish

The Big Picture

Not only did he serve on the Brady Commission looking at the ’87 crash, but his history of investing and trading and public service, both at the Fed and the Chicago Board of Trade and Treasury Department, really unparalleled, as well as just a pretty amazing track record as an investor and trader. We don’t want to participate.

Math 144
article thumbnail

Transcript: Ed Hyman

The Big Picture

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. And so he set me off in a direction that was practical and at that point, commission business that he generated was ginormous, I’m sure. When you come outta school, 1969 to 71, you’re an economic consultant at data resources.

Economy 144
article thumbnail

31 Passive Income Ideas to Build Real Wealth (Updated for 2023)

Good Financial Cents

Building multiple passive income streams has an additional benefit in the short term: it can make you more resilient and better able to weather economic shocks, such as what was experienced with the past housing crisis and global pandemic. Most brokerages no longer charge trading commissions which is a huge saving for us!

article thumbnail

Transcript: Gretchen Morgenson

The Big Picture

And so I would see how the over-the-counter desk, over-the-counter stock desk would push stocks and encourage brokers to sell them, put a lot of commission in them, to move them because some big seller was coming into the market. MORGENSON: And it was, so Steve was a candidate that had economic ideas, okay? RITHOLTZ: Right.

Insurance 144