Nerd's Eye View

OCTOBER 11, 2023

Rather, when the Compliance Rule originally went into effect in 2004, the adopting release described only 3 elements that should be considered in an annual review: 1) compliance matters in the previous year (e.g., when compliance policies and procedures did or did not function as intended), 2) changes in business activities (e.g.,

Compliance 246

Compliance Financial Planning Planning Investments 246

Nerd's Eye View

JUNE 21, 2023

However, the early 2000s were plagued by a variety of SEC enforcement actions that alleged fiduciary duty violations – primarily involving trading abuses by investment advisory personnel – which led the regulator to create a rule (that became effective in 2004) requiring all SEC-registered investment advisers to adopt and enforce a written (..)

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Steve Sanduski

NOVEMBER 24, 2022

In 2004, I set out to climb (conquer) Mount Rainier. I learned the hard way that you don’t “conquer” a mountain. My goal was to get that summit pic of me holding the ice axe over my head while congratulating myself and my teammates for this great achievement.

Food 59

Food Business Planning Management Planning 59

The Big Picture

SEPTEMBER 23, 2024

So, is it, is it safe to say finance was always in the career plans? 00:02:24 [Speaker Changed] Finance and business was always in the career plans. It isn’t like that was the plan 40 years ago. I have worked at Booz Allen and Hamilton, I’m a strategic planning guy. I get hired by Citibank in planning.

Banking 148

Banking Investing Investments Assets 148

The Big Picture

MAY 30, 2023

And so these were two stories, maybe three, before I’m 9-years-old of bad economics, bad culture, and a bad business plan. By the way, there’s a difference between an entrepreneur and a businessman or a business woman. Different risk tolerance and different business plan. They have a dumb business plan.

Banking 148

Banking Economics Business Planning Economy 148

The Big Picture

JULY 4, 2023

You go from Goldman Sachs to Harvard Business School to the Boston Consulting Group. What were your early career plans? And we were invited to pitch for the business of what was one of the most exciting hedge funds at the time. We do case studies, idea pitches, mock portfolios, business plans.

Management 148

Management Recruitment Numbers Banking 148

The Big Picture

MAY 16, 2023

And I’m like, dad, I found I need 25 grand to get going and my dad said send me a business plan. I went to business school RITHOLTZ: He just wanted you to go through the exercise. LINDZON: No, so obviously, I did the business plan, I’m kidding. RITHOLTZ: 2004, 2005. RITHOLTZ: Yes. LINDZON: Yes.

Media 291

Media Investing Investments Valuation 291