Brown Advisory

SEPTEMBER 3, 2015

War and financial turmoil— the bane of Europe’s economic well-being last century—are currently veiling a rebound in regional growth and unanticipated vigor among European companies. Faster economic growth helped increase to 65% the proportion of Stoxx® Europe 600 Index companies that beat estimates for secondquarter earnings per share.

Economy 40

Economy Economics Asset Allocation Clients 40

The Big Picture

MARCH 20, 2024

Portfolio management was a lot less evidence-based than it is today. And everyone answers for, except for the person they hire, whose answer was, what number did you have in mind? the number of periods over one, three, five, and 10 years where it beats its benchmark is extremely high. What’s two plus two.

Investing 154

Investing Investments Portfolio Valuation 154

The Big Picture

OCTOBER 19, 2022

We discussed all these things as well as why there has never been a better time to be a retail investor than right now, right here in this era. RAMPULLA: I went to Drexel part time while I was at Vanguard, did that commute down to Philadelphia from the suburbs, you know, three times a week for a number of years. Who’s your focus?

Financial Advisor 277

Financial Advisor Clients Taxes Investing 277

The Big Picture

MARCH 7, 2023

Maria Vassalou has a fascinating history and background, London School of Economics to Columbia School of Business, where she actually was a professor for over a decade, and started consulting to the hedge fund and financial services industry. And that led her to various jobs at Wasserstein Perella McKinsey’s Asset Management Group.

Assets 164

Assets Management Portfolio Marketing 164

The Big Picture

AUGUST 29, 2023

Few people are in a position to see what’s going on in the world of investing, whether it’s institutional or retail, better than Vanguard CIO. And it worked out and had multiple job offers coming out of school from a number of different insurance companies. So a variety of risk meetings, a variety of economic meetings.

Portfolio 130

Portfolio Investing Investments Numbers 130

Brown Advisory

APRIL 1, 2015

Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. It’s remarkable how far the markets have come in the five years since then. Then and Now. Flows into U.S.

Investing 52

Investing Investments Valuation Assets 52

The Big Picture

JANUARY 16, 2024

She has had a number of different positions within PIM, including managing their flagship core real estate fund. Before she moved into management, she has been on all of the big lists. Because the idea of syndication is that you make a giant purchase and then you sell it off in smaller units to really more of a retail investor.

Assets 259

Assets Investing Investments Management 259

Brown Advisory

OCTOBER 1, 2015

The government reported a 7% expansion in gross domestic product for the first half of the year, and wages are rising at about 10%—not exactly a picture of economic disaster. Finally, Beijing has seen confidence in its economic management erode following its failed efforts to arrest a tailspin in the country’s boom-and-bust stock markets.

Investing 52

Investing Investments Economy Government 52

The Big Picture

JULY 18, 2023

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Tom Wagner, co-founder and portfolio manager at Knighthead Capital. WAGNER: You know there are a number of things that occurred. I was like talking through with him how the fund economics worked and what the upside was.

Investing 130

Investing Investments Assets Insurance 130

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. By ’08 and ’09, look, there were bankruptcies everywhere in every industry from retail to telecom. RITHOLTZ: There’s safety in numbers. The numbers are correct. MIELLE: Exactly. MIELLE: Correct.

Assets 277

Assets Investing Investments Management 277

The Big Picture

SEPTEMBER 26, 2023

Ritholtz ] 00:09:37 I recall reading, and I know you can’t say this, but I recall reading that fund return something like 19% a year, some just astounding number. I’m curious, when you’re in the thick of it and it feels like the world is going upside down, do clients start to get cold feet? Tell us about that.

Banking 130

Banking Investing Investments Clients 130

The Big Picture

MARCH 26, 2024

You get a BA in economics and poli sci from the University of Delaware. 00:09:37 [Speaker Changed] So again, I was on the avatar side of this y avatar broader organization, which was institutional money management, managing money for a lot of large corporate plans and foundations and endowments. Well, not in college, no.

Investing 143

Investing Investments Marketing Marketing 143

The Big Picture

AUGUST 16, 2022

And if you’re able to do that in a diverse number of markets and asset classes, while managing risk in the markets that aren’t trending, you know, that’s in general how trend following works. And now, some of the retailers are talking about easing Amazon and Walmart. They were in a mad dash to hire.

Management 296

Management Assets Risk Management Valuation 296

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Retail 130

Retail Government Economy Economics 130

The Big Picture

DECEMBER 12, 2023

And because my mother and grandmother were looking at these trying to figure out what was going on, I was curious about the sea of numbers. ’cause bad things can happen to undifferentiated retailers. It’s what the much maligned retail investor was doing. And 00:28:03 [Speaker Changed] That’s an amazing number.

Management 259

Management Investing Investments Retail 259

The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. Barry Ritholtz: You know, the last time you were here, that number was something like 35 times. Before we get into the details of your career and and your work, how on earth is anyone ranked number one for 43 consecutive times?

Economy 143

Economy Clients Economics Banking 143

The Big Picture

APRIL 11, 2023

DAMODARAN: I am interested in numbers. I’m naturally a numbers person. To me, storytelling is much more — I mean, if you think about the history of humanity, for thousands of years, the way we pass down information was with stories, not numbers. It has allowed for this acceleration of number crunching.

Valuation 289

Valuation Education Government Numbers 289

The Big Picture

FEBRUARY 12, 2024

And since that happened, I don’t know, about four or five years ago, the fund has been putting up great numbers, outperforming doing really, really well. And at that point, I decided what I really wanted to do was be a PhD in economics. And we held it for, I don’t know, for a number of years. Why aren’t you?

Management 286

Management Investing Investments Economy 286

The Big Picture

FEBRUARY 4, 2024

But her exhaustive account of Friedman’s underdog decades does illuminate how the field of economics slowly polarized around his work. ( declared bankruptcy, according to Roth Capital Partners—six times the number in the previous three years combined. He is the portfolio manager for the Quality Fund ( GQETX ).

Recruitment 130

Recruitment Portfolio Management Retail Economy 130