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The transcript from this week’s, MiB: Brad Gerstner, Altimeter Capital & Invest America , is below. They invest primarily in private and public companies. 00:08:24 [Speaker Changed] No, in fact, that, in fact, I think they were still investing money off their balance sheet called FC Capital. Fiaco Cutler Capital.
He is the author of a new book, “Investing Amid Low Expected Returns: Making the Most When the Markets Offer the Least.” The passion came when I went to invest the country’s foreign exchange reserves there and it was very much global government bond markets. Welcome to Bloomberg. ANTTI ILMANEN. ILMANEN: Yes.
But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? And I love that.
In the big picture, this usually leads to having a “successful” life, because of this basic math: Traditional Success. =. Since 2005 I made “being a Dad” my primary goal in life, quitting my career to do so. How much work you do. How much society happens to value your work. The Nitty Gritty of Traditional Success.
So for a while, I ran Wells Fargo’s 401(k) business because they had acquired that as part of Wells Fargo Nikko Investment Advisors. Blake Grossman was the chief investment officer there. That’s the real success story, and that’s much harder than investing. RITHOLTZ: Interesting. RITHOLTZ: Right. NADIG: Yeah.
That’s well above the 2005-2019 pace of 1.5%, and it is currently higher than what it was in the late 1990s. It allows the Federal Reserve to ease up on interest rates, which can spur business investment and further boost productivity. By my math, there have been 57 Super Bowls and 22 different winners.
The transcript from this week’s MiB: Graeme Forster, Orbis Investments , is below. Barry Ritholtz] This week on the podcast, I have an extra special guest, Graham Foster’s pm at Orbis Investment Management. They have a truly unique approach to investing. So I, I did a math degree at Oxford, which is more pure math.
Revolution is the outgrowth of his family office that does everything from seed to venture, to growth investing. And frankly, it’s proven to be important again now as we’re investing, because policy is becoming much more of a front and center issue for more and more companies. CASE: Those are both growth stage investments.
Sean Dobson has really had a fascinating career as a real estate investor, starting pretty much at the bottom and working his way up to becoming a investor in a variety of mortgage backed securities, individual homes, commercial real estate, really all aspects of the finding, buying and investing in, in real estate. Was impeccable, right?
Like investing in this kind of stuff and I had total life saving for the time of $2,000 and I converted my total life savings of $2,000 into Polish zloty, their currency, went down with my translator to the post office and subscribed to the very first privatization in Poland. I want to be investing in this privatization in Eastern Europe.
I, if you are at all interested in concepts of things like portable alpha or return stacking, or just want to know how a quant looks at the world of investing and tries to decide where there are opportunities. Quantitative investing was, was that the plan from the beginning? Let’s talk a little bit about your background.
How does a kid from Arizona, from Phoenix, get interested in venture investing, not exactly known as a hotbed of early-stage tech companies. LINDZON: So now the one lucky investment that I made, and it was a dumb investment, much like the dumb investments people made in ’21. So in 1999, I invested in this.
This wasn’t a mom-and-pop investment. That’s a real estate investment trust that is a Blackstone entity. Now, They have seized on healthcare as a huge industry to really dive into, to invest in. And this was back in 2005 or 2006. Today, that’s changed. How is that working out? RITHOLTZ: Right.
I can’t begin to tell you what it’s like to sit in a room with the Jeremy’s, Professor Jeremy Siegel and I keep calling him Professor Jeremy Schwartz, but he’s just Jeremy Schwartz, chief investment officer of the $75 billion ETF and mutual fund company, WisdomTree. The Professor invested and joined as an advisor.
That’s why the markets are much more of a mind game than a math game. And that’s why markets will always be exceedingly hard, even when the math seems easy or the future seems certain. To find the answer, CXO collected and investigated 6,584 forecasts from 2005-2012 for the U.S. Stop with the math.`
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