The Big Picture

MAY 9, 2023

And then I was the beneficiary of the TMT bubble bursting in 2001. Risk appetite was changing. They have a different liability structure, different investment goals, different investment risk tolerances, and we have different teams. So the whole sector that I was covering went bankrupt. Capital rules were changing.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

MARCH 27, 2023

So it was a pretty different situation from 2001, where the whole dot-com bust, but more importantly, the telecom implosion. There are a ton of expenses, and they’re getting higher with compliance and marketing and reporting and investor relationship, et cetera. You have a lot — RITHOLTZ: The emerging manager category?

Assets 285

Assets Investing Investments Management 285

The Big Picture

OCTOBER 5, 2024

And then when I got to Capital Group, obviously I was under compliance, they were like, you really can’t be talking about stocks online. So 00:06:01 [Speaker Changed] It’s funny, I had the exact same experience with compliance at a brokerage firm in the early two thousands when I launched the big picture.

Economy 162

Economy Education Insurance Economics 162