The Big Picture

AUGUST 15, 2023

Or at least the top, pick a number, 30, 40%. SEIDES: I know back then, the premier job in asset management was to run Fidelity Magellan. I don’t remember the number. ” 29, 87, 74, just pick any 50 plus percent number and certainly 2000 and ’08, ’09, a major index gets cut in half. Less, 20, 30%?

Management 130

Management Investing Investments Government 130

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. These are big numbers.

Management 144

Management Recruitment Numbers Banking 144

The Big Picture

JUNE 27, 2023

Peter Borish, founding partner number two at Tudor Investments where he worked directly with Paul Tudor Jones, most famously helping him put on a very aggressive short position heading into the ’87 crash. .” RITHOLTZ: So literally number two at the firm? ” and that’s how I started out at Tudor.

Math 144

Math Risk Management Management Marketing 144

The Big Picture

MARCH 12, 2024

So we could construct trades that had very, very low premiums to sell this volatility to, to basically join the consumer on their side of the trade, which is in essence buying insurance on, on the bonds that were exposed to these great risk. You’re actually crunching a lot of numbers. And this is proprietary data.

Banking 144

Banking Investing Investments Marketing 144

The Big Picture

APRIL 18, 2023

I think that also there’s a bunch of businesses that are manufacturing things that must exist in the physical world, you know, to cool or heat the environment, food, the distribution of essential medical products, whole energy transition. We find great management teams. These are physical assets. RITHOLTZ: Really intriguing.

Assets 157

Assets Investing Investments Valuation 157

The Big Picture

DECEMBER 20, 2022

You put a different number on the piece of paper, and that was the moment that I decided I wanted to start the firm. RITHOLTZ: So given those sorts of numbers, the pullbacks, recoveries, what sort of correlations are there with other types of debt, be it performing or distressed equities and other asset classes? RITHOLTZ: Sign me up.

Banking 157

Banking Assets Government Investing 157

The Big Picture

NOVEMBER 28, 2023

And, and if we’re gonna be objective and put some numbers on it, as much as we all would prefer lower rates, we’ve had 18, 19 months of rising rates. But everybody had eaten the same bad food at the buffet to mix metaphors. trillion a crazy number. But food, medicine, rent. People were very frightened.

Banking 255

Banking Media Economics Food 255