Remove 2001 Remove Assets Remove Math
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Transcript: Brad Gerstner

The Big Picture

And we sold our stake in the business to Barry Diller in 2001. He said, I overpaid for the asset. So here’s the math, Barry. It’s hard to know which assets are going to have durable value. We would eventually, not only eventually, so that was 1999. I was still in business school helping them incubate it.

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Finally, a Stock Market Crash!

Mr. Money Mustache

Instead of investing in a productive asset, these speculators were just assuming the recent momentum would continue. It’s fun math – a 20% drop in prices means you get 25% more shares for your dollar, and a 50% drop means twice as many , or 100% more shares per dollar invested.). 2) My net worth has just cratered by 20%.

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Transcript: Dominique Mielle

The Big Picture

She is an author and former hedge fund trader, specializing in distressed assets. MIELLE: Well, I mean, it was a fairly new asset class. I think, you know, it’s not until probably Farallon came into existence, that it became a real asset class in itself, that stressed and distressed was a category that was thought as investable.

Assets 285
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Transcript: Julian Salisbury, GS

The Big Picture

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

Assets 299
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10 Monday AM Reads

The Big Picture

Yet the fundamental math of bond returns bodes well for 2023, our columnist says. ( Has private equity avoided the asset-price crash? New York Times ). • No, but everyone is enjoying the charade. Economist ). Wall Street Journal ). • Gen Z came to ‘slay.’

Math 306
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Transcript: Savita Subramanian

The Big Picture

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. So it’s been, you know, back in, in 2001, strategists were telling you to put about 70% of your money in stocks.

Numbers 147
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Transcript: Matt Eagan

The Big Picture

Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. I started out math and, and physics, and in high school I was a rock star in math and physics. The same phrase was during the financial crisis when people talked about toxic assets.

Portfolio 147