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The Jackson Hole Zoo

David Nelson

Wall Street has always had a passion for animals. Throughout history market and monetary policy sentiment has been represented by all sorts of creatures including bulls, bears, doves, hawks and of course the dreaded black swan. Some will point to the fall in oil and with-it gas prices as evidence the plan is working.

Numbers 98
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Transcript: Jenny Johnson, Franklin Templeton

The Big Picture

JOHNSON: So I spent a year, my father said to me, “Look, if you’re going to be in the financial services business you should probably work in New York.” RITHOLTZ: And by the way, that’s tough when you’re a West Coast gal, used to sunshine and nice weather, right? JOHNSON: Yeah, there you go.

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Forecasting Follies 2024

The Better Letter

As Daniel Kahneman, the world’s leading authority on human error, has carefully explained , “The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.” ” So, it remains unpredictable, but lots of folks are going to try anyway. percentage points annually.

Economy 96
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Hearing, Seeing and Thinking: March 2023

Brown Advisory

The most basic way to think about the difference in interest rates is the cost of time. And time has value. Put another way, a bird in the hand is worth two in the bush. If there are more passengers than life boats and news spreads that the ship has sprung a leak, common courtesy quickly gives way to primitive instinct.

Banking 90
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Transcript: Maria Vassalou

The Big Picture

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. When do you own equity? And so along the way, I was getting offers to join the industry.

Assets 167
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Transcript: Kristen Bitterly Michell

The Big Picture

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. She really has an incredible background in everything from capital markets to derivatives, to wealth management. I love statistics.

Clients 293
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Transcript: Kathleen McCarthy

The Big Picture

Kathleen McCarthy is the global co-head of real estate for private equity giant Blackstone. Blackstone has been in this space for over 30 years, according to their 10-K filings, their opportunistic fund is up 16 percent a year over those 30-year periods. Kathleen has been with Blackstone since 2010. RITHOLTZ: Sure.

Assets 157