Remove Compliance Remove Definition Remove Math Remove Retirement
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Transcript: Luis Berruga, Global X ETFs

The Big Picture

It has to be such a different set, the retirement planning is different, the safety net is different. And definitely, their retail market participation is significantly lower than you can see in the U.S. So I was definitely looking for something more entrepreneurial. So that was definitely one of the key drivers.

Clients 154
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Transcript: Tom Hancock, GMO

The Big Picture

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. So I was at Harvard.

Valuation 130
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Transcript: Linda Gibson, CEO PGIM Quantitative Solutions

The Big Picture

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130
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Transcript: Dominique Mielle

The Big Picture

The bonds aren’t worthless, but they’re definitely not trading at par. So you retire in 2018. There are a ton of expenses, and they’re getting higher with compliance and marketing and reporting and investor relationship, et cetera. MIELLE: And it’s all a matter of how wide your definition of luck is.

Assets 277
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Transcript: Cliff Asness

The Big Picture

It definitely does. ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. So I think this can definitely be part of it.

Valuation 164
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Transcript: Steven Klinsky

The Big Picture

I will say when there were fewer firms, I was effectively — there had Ted and Nick Forstmann, Brian little had retired from the firm. RITHOLTZ: So it’s different math then I need 100x winner versus 99? RITHOLTZ: So I know we’re not going to talk about performance and returns because of the normal compliance headaches.

Investing 259
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Transcript: Ted Seides

The Big Picture

Let me say what your compliance wouldn’t allow you to say. the experience of investors is asset weighted by definition. SEIDES: So keep in mind the only definitive information about the bet was in Carol’s two page piece. Probably the first one I’m ready to retire, which is a post-lockdown question.