Aleph

FEBRUARY 11, 2023

Portfolio Management and Finance The buying binge that has propelled US equities almost without interruption for four months is nearing a point where past rebounds caved in [link] Valuations are in the 97th percentile. I could retire now. Better if you know that the core meaning is serving Jesus. I have no compulsion to work.

Banking 59

Banking Government Economics Taxes 59

The Big Picture

OCTOBER 24, 2022

BLS recruits, just like all other organizations, recruits at college campuses. And how do we think about them from a valuation perspective? And he outlines credit cards, and he outlines mutual funds and money market funds and retirement accounts. So there are a number of us heading in out of college into the BLS.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

MARCH 21, 2023

But plenty of valuation measures, it has no applicability for price-to-sales. RITHOLTZ: Meaning it would be a recruitment challenge. ASNESS: Well, first of all, I’m going to somewhat disappoint you saying we do not take very big bets on views like timing asset classes based on valuation. It can apply to earnings.

Valuation 164

Valuation Investing Investments Numbers 164

The Big Picture

JULY 26, 2022

It might be a management team that wants to retire, or exit. It’s always the transaction that the seller wants to do is they want to retire. I mean, I don’t — RITHOLTZ: So this is really devious recruitment. WEAVER: — you know, my teaching and recruiting. And that’s great. WEAVER: Yeah.

Consulting 289

Consulting Management Numbers Investing 289

The Big Picture

MAY 9, 2023

RITHOLTZ: what we’re really talking about is, hey, we have a bunch of people retiring in 10 years and we expect to have to pay out X dollars. One, when people have asked me to compare and contrast today versus 2007, 2008, what you hear from a lot of people is, yes, there’s some fairly heady valuations. SALISBURY: Sure.

Assets 290

Assets Clients Investing Investments 290

The Big Picture

MAY 7, 2024

I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. And she did a plan for me personally and answered the questions, can I retire? To my recruiter nanny, what she had to fire her suddenly one day. He’s great. And I left after two years.

Startup 143

Startup Advertising Engineering Numbers 143

SEI

SEPTEMBER 17, 2022

So it kind of seems like that the retirement of Trust3000 is a long ways away. Maybe if you can just comment on your advisor recruiting efforts. So every quarter you kind of mentioned that you recruited a certain number of advisors. And then now that valuations have come down, how do you think about M&A opportunities?

Clients 49

Clients Assets Banking Planning 49

The Irrelevant Investor

AUGUST 17, 2015

Rational measures of valuation had taken a backseat to “mouse clicks and momentum,” as Robertson put it, and he had no stomach for more punishment. By the time Simons retired, in 2009, he had become a billionaire many times over. On March 30, with the NASDAQ already 15 percent off its peak, Robertson broke the news to his investors.

Marketing 52

Marketing Marketing Recruitment Assets 52

The Big Picture

FEBRUARY 12, 2024

So then I just started interviewing with companies as they came on, on the, on-campus recruiting to see what, what I could find. And since we’re looking for narratives as opposed, and then do valuation work second as opposed to cheap, we don’t screen. They were getting flows of retirement money on a continued basis.

Management 286

Management Investing Investments Economy 286

The Big Picture

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What are the, you know, I’d literally have it in my handheld.

Sales 130

Sales Numbers Taxes Marketing 130

The Big Picture

AUGUST 15, 2023

And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven. What’s the valuation? RITHOLTZ: Right.

Management 130

Management Investing Investments Government 130