The Big Picture

FEBRUARY 6, 2024

Now I do fundamental side research portfolio management, which I just, 00:08:20 [Speaker Changed] So, so you joined GMO, there’s 60 people, 30 years. Dick Mayo was a traditional, I’d say portfolio, strong portfolio manager focused on US stocks. Jeremy’s never really been a portfolio manager.

Valuation 130

Valuation Investments Investing Assets 130

The Big Picture

JULY 11, 2023

And it’s kind of funny, if you, and now you see it in New York City, but if you showed up in a meeting in a coat and tie, post the dot-com era and coming into the more recent stuff, you were viewed as sort of the old economy. 2000 average company went public after three years, that was probably an anomaly in the dot com.

Management 222

Management Investments Investing Assets 222

Brown Advisory

SEPTEMBER 3, 2015

As recently as 2012 Puerto Rico was able to sell to investors public-sector bonds despite its bleak fiscal outlook and shrinking economy. Consider this scenario: An economy is shrinking, government debt is ballooning and emigration is eroding the workforce. Moreover, emigration has reduced the population to about 3.5

Transportation 52

Transportation Government Economy Asset Allocation 52

The Big Picture

OCTOBER 24, 2022

She has a fascinating career, starting a PLS working away up as an analyst and eventually, head of outcome-based strategies for Morningstar, eventually rising from that position and portfolio manager to Chief Investment Officer. In fact, we originally started analyzing our portfolios for inflation. NORTON: Yeah. NORTON: Yeah.

Portfolio 130

Portfolio Management Assets Investments 130

Brown Advisory

JUNE 21, 2017

The academic thesis that equity managers as a whole will approximately equal overall market returns is followed by a corollary: Some managers will outperform for periods of time, but it is impossible to predict which manager will deliver favorable results, or when they will do so—in other words, outperformance (alpha) is random.

Investments 52

Investments Investing Portfolio Management 52

Brown Advisory

JUNE 21, 2017

The academic thesis that equity managers as a whole will approximately equal overall market returns is followed by a corollary: Some managers will outperform for periods of time, but it is impossible to predict which manager will deliver favorable results, or when they will do so—in other words, outperformance (alpha) is random.

Investments 52

Investments Investing Portfolio Management 52

Brown Advisory

AUGUST 6, 2019

Taylor is also an excellent communicator and regularly shares his thoughts with our balanced portfolio managers serving private clients, endowments and foundations. Technology has also enabled analysts, portfolio managers and traders to improve their productivity. In a word, the internet has changed everything.

Investments 52

Investments Investing Clients Portfolio Management 52

Brown Advisory

AUGUST 6, 2019

Taylor is also an excellent communicator and regularly shares his thoughts with our balanced portfolio managers serving private clients, endowments and foundations. Technology has also enabled analysts, portfolio managers and traders to improve their productivity. In a word, the internet has changed everything.

Investments 52

Investments Investing Clients Portfolio Management 52

The Big Picture

AUGUST 20, 2024

There’s a continual, the economy continues to grow. The second thing that it ultimately does is it creates conditions under which there’s a transition from cash rich portfolios that are ultimately option like in their characteristics. I’m gonna hold it in my portfolio. It goes so far. Thank you for the cash.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

OCTOBER 17, 2023

Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is. ’cause they, it’s a learning mechanism as a recommendation mechanism for portfolio managers and thinking about how to allocate capital. We meet with management twice a year.

Investments 130

Investments Investing Clients Numbers 130

Bell Investment Advisors

JUNE 29, 2023

I’m joined here today by Ryan Kelley, Lead Portfolio Manager and Research Analyst for Bell. Next, I think our listeners would probably like to hear your perspectives or your insights about the current economy in the U.S. economy today? Economy Today 08:31 Ryan Kelley: Actually, it looks pretty strong.

Marketing 52

Marketing Marketing Banking Numbers 52

The Big Picture

AUGUST 29, 2023

But it was a tremendous experience because I had started off in bond trading, worked my way into portfolio management and running the bond indexing team for a number of years, and then I got asked to take this responsibility, which was much broader. Yes, the economy can clearly keep roaring along, which we’ve seen.

Portfolio 130

Portfolio Investing Investments Numbers 130

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. The worst the economy is. Why Bubbles Are Great for the Economy” and his thesis is, yeah, let the VC spend all the money laying this fiber.

Investments 130

Investments Investing Assets Insurance 130

Brown Advisory

OCTOBER 11, 2021

We believe that a strong network of relationships and history with managers; a robust due diligence process for manager selection, sizing and term negotiation; and dedicated team members devoted to each asset class contributes to long-term results. An index constituent must also be considered a U.S. company.

Assets 52

Assets Portfolio Risk Tolerance Asset Allocation 52

Brown Advisory

OCTOBER 11, 2021

We believe that a strong network of relationships and history with managers; a robust due diligence process for manager selection, sizing and term negotiation; and dedicated team members devoted to each asset class contributes to long-term results. An index constituent must also be considered a U.S. company.

Assets 52

Assets Portfolio Risk Tolerance Asset Allocation 52

The Big Picture

AUGUST 16, 2022

We do discretionary macro trading, which is typically a portfolio manager — and we have some number of portfolio managers, 15 or 18 different portfolio managers that independently manage a book of, you know, risk assets. And you know, we would not be at all surprised to see the economy contract.

Management 305

Management Assets Risk Management Marketing 305

The Big Picture

MARCH 14, 2023

RITHOLTZ: That whole irrational exuberance era from ’96, from the speech to 2000, that could be the best four-year run in market history. economy was actually starting to slow and slow pretty dramatically. Not that we saw the pandemic coming, but we saw the economy slowing, and so we ended up doing very well. BERNSTEIN: Right.

Economy 162

Economy Investing Investments Portfolio 162

The Big Picture

MARCH 26, 2024

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. And I was a portfolio manager, so I was doing bottom up research and picking stocks.

Marketing 147

Marketing Marketing Investing Investments 147

Carson Wealth

DECEMBER 23, 2024

Notably, there was no SCR in 2000 and 2008, not the best times for investors, and potentially a major warning that something wasnt right. The small cap index, the Russell 2000, fell 4.4%. In short, the economy and markets are looking at elevated interest rates over the next two years. This is quite confounding.

Marketing 65

Marketing Marketing Economy Economics 65

The Big Picture

APRIL 8, 2024

Hustle was managing institutional right assets. Your real business is having the best perspective of what is happening this moment in the economy. And like you mentioned, the smooth sailing in the 2000 tens 00:15:07 [Speaker Changed] Didn’t feel that way at the time. He helps portfolio managers make sense of the world.

Economy 147

Economy Clients Banking Economics 147

The Big Picture

JULY 15, 2024

If you are at all interested in fixed income, how you assess bonds, how you evaluate the economy, the market, what the fed’s gonna do, what clients want, how to assess risk in credit markets, well then you are gonna really enjoy this conversation. That’s where the economy was at that point. 00:23:35 [Speaker Changed] Right?

Portfolio 147

Portfolio Banking Management Portfolio Management 147

The Big Picture

FEBRUARY 12, 2024

He has put together an amazing track record at Greenlight in the middle 2000 and tens. Then we stayed open until about 2000. And then in 2000, I don’t know, we were maybe around six or 700 million at that point. I’m the portfolio manager and I’m actually the only portfolio manager.

Management 294

Management Investing Investments Economy 294

The Big Picture

DECEMBER 17, 2024

Barry Ritholtz : This week on the podcast, another extra special guest, Tony Kim, is managing director at BlackRock, where he heads the fundamental equity technology group helping to oversee all of the active technology investments BlackRock makes. I must have worked for 30, 40 portfolio managers across four, four or five investment firms.

Engineering 130

Engineering Numbers Investing Investments 130

The Big Picture

APRIL 11, 2023

And from the ‘90s, anecdotally, and I know the plural of anecdote is not data, but anecdotally, we always used to see the worst time stock buybacks heading into 2000. Management tends to be terrible timers. DAMODARAN: Because the answer is an average portfolio manager is driven by emotion and mood. RITHOLTZ: Right.

Valuation 298

Valuation Education Numbers Government 298

The Better Letter

JANUARY 11, 2024

The economy, the markets, and the world-at-large provide unlimited fodder for them. On average, the median Wall Street forecast from 2000 through 2023 missed its target by an astonishing 13.8 It’s physics’ three-body problem applied to the global economy’s trillions of inputs. ” Nobody does.

Economy 97

Economy Economics Math Banking 97

The Big Picture

JULY 22, 2024

So I moved in 2000, almost if you mark the all time high of Morgan Stanley stock, you know, pre adjusted, it was trading like an internet. So I joined 00:05:51 [Speaker Changed] Like March, 2000, something like that. 00:05:54 [Speaker Changed] Yeah, it was early 2000. 00:05:54 [Speaker Changed] Yeah, it was early 2000.

Portfolio 147

Portfolio Economy Investing Investments 147