The Big Picture

DECEMBER 6, 2022

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. Let’s talk about books. You have the liquidity, the tax efficiency, the transparency. RITHOLTZ: Yeah.

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Clients Investments Investing Management 162

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. WEINSTEIN: I do, Barry.

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The Big Picture

JANUARY 9, 2024

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? It was derivatives math, it was like working with the traders on like risk management. When is the Matt Levine book ever 00:52:01 Get publish? 00:52:10 Yeah.

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Retail Banking Math Management 130

The Big Picture

AUGUST 15, 2023

He kind of wrote about that in his book and people look at that and say, “Oh, I can replicate that.” And I made the letter, I actually put the letter in my first book to describe how you get somebody’s attention. And I had written that first book about hedge funds, which led me- RITHOLTZ: In 2016, right?

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The Big Picture

AUGUST 29, 2023

DAVIS: A big part of it is really around when there’s more complicated corporate actions that are happening that entail a level of risk. There’s conversations that happen with our risk management department to make sure we’re comfortable in terms of what kind of exposure that creates in the fund.

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Portfolio Investing Investments Numbers 130

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. Her book, “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”, is really a fascinating read. I know I want to have a guest on with a book. First of all, before we get started, I very much enjoyed the book.

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Assets Investing Investments Management 285

The Big Picture

JUNE 27, 2023

BORISH: So one of the geniuses of Paul in really understanding futures markets in general is that most of the innovative risk management approaches came out of the futures markets because of the using margin. So we took people and back then there was a book, right, the Dow from 1897 to present. ” Explain what that means.

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Math Risk Management Marketing Marketing 147

The Big Picture

JULY 19, 2022

He is the author of a new book, “Investing Amid Low Expected Returns: Making the Most When the Markets Offer the Least.” So, first, I found the book to be quite fascinating, very in depth and you managed to take some of the more technical arcana and make it very understandable. Welcome to Bloomberg. ANTTI ILMANEN.

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The Big Picture

MARCH 12, 2024

So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss. And so the other thing is, is that, and I think it’s our core risk management culture, is that we think that till risk is way more probable than everyone else does. It was written in 1965.

Banking 147

Banking Marketing Marketing Investing 147

The Big Picture

AUGUST 23, 2022

Even if you read both of Browder’s books, you will find something to be amazed at. The story in the book is quite fascinating how really Salomon Brothers is a shark tank. So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math.

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Government Banking Numbers Investing 321

The Big Picture

OCTOBER 3, 2023

It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. How fundamental was that to your learning about investing, trading risk management, starting with futures? You’re doing a lot of math in your head on the Fly. I was trying to trade a big book.

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