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? You said earlier, valuations were historically high both stocks and bonds late 2021, right about now, what are we? So there are a number of us heading in out of college into the BLS.

Portfolio 130

Portfolio Management Assets Investing 130

Inside Information

DECEMBER 26, 2023

The PE firms, flush with capital, moved in to buy into the rising tide, and valuations were inflated ‘to levels previously unimaginable,’ as ‘buyers contorted themselves to justify higher prices.’ They will create more attractive cultures in order to win recruiting battles, and (separate trait) do what is necessary to keep their talent.

Wealth Management 40

Wealth Management Clients Management Numbers 40

Brown Advisory

AUGUST 8, 2018

Middling stock performance and clunky operations make it difficult for such companies to recruit or retain top talent. Recent Spinoffs: Mix of Good and Bad Results (Valuations expressed in $ billions). . Sprawling conglomerates inevitably grow more complex over time, leading to inefficiency and paralyzing bureaucracy.

Assets 52

Assets Valuation Clients Education 52

Diamond Consultants

DECEMBER 20, 2022

With recruiting particularly active at Morgan Stanley and UBS, advisors demonstrated that it’s still the right model for many of them. That is, placing greater focus on building a business with the end in mind, even if it meant eschewing a significant recruitment package.

Recruitment 59

Recruitment Compliance Wealth Management Banking 59

The Big Picture

AUGUST 29, 2023

And your bio explains how you were recruited to Vanguard. And it’s paid off, it’s paid spades in terms of, it helps us make sure that we’re recruiting the right people, it helps us in terms of retaining folks. DAVIS: Where international equities, because of valuations, probably 7% to 7.5%. RITHOLTZ: Right.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

JULY 26, 2022

I mean, I don’t — RITHOLTZ: So this is really devious recruitment. WEAVER: — you know, my teaching and recruiting. And since we look at both private and public markets, what do you think of in terms of valuation? RITHOLTZ: Do you end up hiring people right out of your classes or — WEAVER: Yeah.

Consulting 286

Consulting Management Numbers Investing 286

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. To my recruiter nanny, what she had to fire her suddenly one day. He’s great. And we went out and sold the ads, and I knew that Pinterest would be big. And I left after two years. And so that was a fun run.

Startup 141

Startup Advertising Engineering Numbers 141

The Big Picture

MAY 9, 2023

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. So we have a pretty well tried and tested campus recruitment approach. So we have a tried and tested kind of campus recruitment approach.

Assets 286

Assets Clients Investing Investments 286

The Big Picture

MARCH 5, 2024

So that would be the draw, you know, the train lines end there so you can recruit people from, from the city, but it, it was probably a little more selfish. What happened over the last year and a half or so is rates went up and valuations went down. And so that, that’s where we started the firm.

Banking 141

Banking Portfolio Assets Investing 141

SEI

SEPTEMBER 17, 2022

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? Rajiv Bhatia: That's helpful. It's more I'd say an opportunistic model.

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. On March 30, with the NASDAQ already 15 percent off its peak, Robertson broke the news to his investors. 28 Whereas D.

Marketing 52

Marketing Marketing Recruitment Assets 52

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

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 16, 2022

And then in 1982, Dean Witter recruited me to join them and to really start managing what was their fledgling hedge fund practice, which was really with CTAs back in that era, and then evolved into, you know, more macro style funds. And last market question, so we’ve seen equity valuations come down. But we’re not there.

Management 293

Management Assets Risk Management Valuation 293

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 161

Valuation Investing Investments Numbers 161

The Big Picture

NOVEMBER 22, 2022

The catalyst for their downfall is the same as it always is — a good business overextending themselves by gorging on cheap credit collateralised by high and rising valuations of assets on their balance sheet. I never believed they would go down — and yet, here we are. Entrepreneur’s Handbook ). You’ll Miss Out on Gains.

Recruitment 258

Recruitment Valuation Assets Clients 258

The Big Picture

MAY 16, 2023

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. RITHOLTZ: He was the first (inaudible) in round B at the higher valuation. Is it about the valuation? Back then I was Wallstrip was like a 400K valuation. RITHOLTZ: Valuation didn’t make much of a difference.

Media 278

Media Investing Investments Valuation 278

The Big Picture

NOVEMBER 21, 2023

It was about $170 million valuation. 00:53:28 [Speaker Changed] You know, I’ve, I’ve recruited a great guy, Matt Lira, to run this day-to-Day in Washington. 00:59:32 [Speaker Changed] So, so in late 21, 20 22, valuations had gotten a touch frothy in, in both the public and the private markets.

Investing 246

Investing Investments Startup Accounting 246

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. So I applied to half a dozen of the best programs.

Management 282

Management Investing Investments Economy 282

The Big Picture

SEPTEMBER 26, 2022

But thankfully, the next decade, things really accelerated in terms of the growth of the company and growth in the valuation, things like that. We’ve been at it for coming on a decade, had only a couple 100,000 customers. No, at the beginning, we make an investment.

Startup 161

Startup Investing Investments Numbers 161

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. Hint: check your bank account weekly, show bogus transactions to them quickly, and the bank will eat the loss.

Banking 59

Banking Government Economics Taxes 59