The Big Picture

JANUARY 16, 2024

I worked in sort of a quasi portfolio management role for like a single client account type business. And then I worked on it throughout the GFC and then became the senior portfolio manager during the recovery period. My audio engineer is Rich Samani Atika. Val Brown is my project manager.

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Brown Advisory

OCTOBER 1, 2015

The government reported a 7% expansion in gross domestic product for the first half of the year, and wages are rising at about 10%—not exactly a picture of economic disaster. Finally, Beijing has seen confidence in its economic management erode following its failed efforts to arrest a tailspin in the country’s boom-and-bust stock markets.

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The Big Picture

OCTOBER 31, 2023

And so to your point, I was a public portfolio manager, started as a tech analyst and made my way to associate portfolio manager and then began managing public portfolios in 1996. Where, 00:06:25 [Speaker Changed] Where were you managing those for in 96? The more private side of the street?

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The Big Picture

FEBRUARY 12, 2024

And at that point, I decided what I really wanted to do was be a PhD in economics. I’m the portfolio manager and I’m actually the only portfolio manager. But, but I view my, I i, I enjoy my analyst job as certainly as much as I enjoy the portfolio 00:18:07 [Speaker Changed] Manager job.

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Brown Advisory

APRIL 1, 2015

Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. It’s remarkable how far the markets have come in the five years since then. Not only have U.S. Possible Signs.

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Investing Investments Valuation Assets 52

Brown Advisory

DECEMBER 2, 2015

Turbulence in various stock markets will probably persist in 2016 as global growth slows because of weakness in emerging economies including China, a leading engine for the world economy during the past decade. By Mark Kodenski, Private Client Portfolio Manager. The world economy is on pace to grow 3.1% this year, 0.3

Economy 52

Economy Taxes Clients Assets 52

Brown Advisory

APRIL 18, 2018

Balancing Act | For Good Measure: How We Value Global Leaders achen Wed, 04/18/2018 - 11:03 Valuation is a critical component of active investment management, yet many investors restrict themselves to a very narrow view of valuation by focusing on simple metrics like the price/earnings (P/E) ratio.

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Valuation Portfolio Investing Investments 52

Brown Advisory

APRIL 18, 2018

Valuation is a critical component of active investment management, yet many investors restrict themselves to a very narrow view of valuation by focusing on simple metrics like the price/earnings (P/E) ratio. In this article, Global Leaders portfolio managers Mick Dillon and Bertie Thomson discuss the dangers of oversimplifying valuation.

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Valuation Portfolio Investing Investments 52

The Big Picture

JULY 19, 2022

You began as a central bank portfolio manager in Finland. And when I was studying in university economics, I did not really get the passion. So, that relationship actually already started when I was a portfolio manager, right? Justin Milner is my audio engineer. Atika Valbrun is my project manager.

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The Big Picture

MARCH 25, 2025

So, the reason I am an economics, I have a degree in economics. The reason for that was I had maybe six more credits, four to six more credits in economics than I had in history. It was, we wanted to have the absolute best software for the way we managed money. So, so wait, so what, what’d you study in college?

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The Big Picture

AUGUST 29, 2023

DAVIS: It’s a long story, but originally I went to school for engineering. Got to school, realized that I wasn’t very good at mechanical drawing, which is a big part of aerospace engineering curriculum. So a variety of risk meetings, a variety of economic meetings. What led to an interest in insurance?

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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. since the ‘80s regarding economic mobility, that there used to be a huge ability to move up, or at least be in a better situation than your parents were. Justin Milner is my audio engineer. Paris Wald is my producer.

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Assets Investing Investments Management 285

The Big Picture

OCTOBER 24, 2022

She has a fascinating career, starting a PLS working away up as an analyst and eventually, head of outcome-based strategies for Morningstar, eventually rising from that position and portfolio manager to Chief Investment Officer. So I leave the Bureau of Labor Statistics and I move into economic consulting. NORTON: Right.

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The Big Picture

OCTOBER 19, 2022

And Wall Street didn’t work out for a variety of reasons, but I ended up working sort of an adjacent industry in the portfolio management software business, and really wasn’t where my passion was. You know, we do the typical stuff, market economic outlooks and research there, product research. Who’s your focus?

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The Big Picture

DECEMBER 28, 2022

First, Jack engineered what was supposed to be the great merger made in heaven, combining old fashioned Wellington with all of the integrity that it might have had in days gone by, heavy sales load, heavy on sales activities, not so good on investing, combined with a hot ticket group in Boston. Justin Milner is my audio engineer.

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Management Investing Investments Clients 189

The Big Picture

JANUARY 21, 2025

And I think it partly depends on the economic comfort in which you grew up. 01:04:39 [Speaker Changed] I think it was the Journal of Portfolio Management. My audio engineer is John Wasserman. Is it for the money or is the money like a nice aspect of being able to do what you really love? That’s exactly right.

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The Big Picture

JULY 24, 2023

MIAN: So Stray Reflections is a macro advisory and community that works with portfolio managers, CIOs around the world. 10 years ago you had the top economics, economists, investors in America writing a letter to the Fed in 2010 saying, “Hey, stop QE. Tell us a little bit about your research. ” RITHOLTZ: Right.

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Marketing Marketing Economy Valuation 130

The Big Picture

AUGUST 20, 2024

It also was the path for me into the asset management space, because coincidentally, Mitch Juli of Canyon Partners was researching on the internet in the early days of the internet for valuation engines and insights. So I, as a discretionary portfolio manager, if you hand me cash, I can look at the market and say, you know what?

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The Big Picture

JULY 18, 2023

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Tom Wagner, co-founder and portfolio manager at Knighthead Capital. I started my college career as an engineering major. I was like talking through with him how the fund economics worked and what the upside was.

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Aleph

JANUARY 21, 2023

Picture Credit: David Merkel, with an assist from the YouImagine AI image generator || Running at the beach Non-US New Zealand Prime Minister Jacinda Ardern’s resignation highlights the complexity of post-Covid economic challenges [link] People got tired of an overly interventionist leader who did not listen. Just do it quietly.

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The Big Picture

SEPTEMBER 26, 2023

So you have almost a doubling of the interest coupon paid by some of these businesses against the backdrop of c ovid 19 inflation and some of the economic pressures that come with, with those factors. 00:21:11 And so the banks were originating debt to place into this C L O formation engine. It’s still in the double digits.

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Banking Investing Investments Clients 130

The Big Picture

JULY 11, 2023

So she wants her portfolio managed that way. You can put those tags in there but still take a professionally managed strategy… RITHOLTZ: Right. And so, you take Advisor Engine, it has a CRM system that was built by a financial advisor. RITHOLTZ: Right. JOHNSON: And express it through that technology.

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Management Investing Investments Assets 222

The Big Picture

OCTOBER 8, 2024

You don’t go for a doctorate in economics. I was an analyst there for two years and then when a opportunity opened up for an internal promotion to portfolio manager in the beginning of 2017, they, they promoted me to that seat. Steven Gonzalez is my audio engineer. So I went straight to the buy side at that point.

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The Big Picture

OCTOBER 17, 2023

I want to get into that before we start talking about asset management. A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. And you do a lot of work with infinity [Barry Ritholtz] : 00:03:29 [Speaker Changed] And then economics, which is a little bit squishier.

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Investing Investments Clients Numbers 130

The Big Picture

DECEMBER 20, 2022

And again, it depends on whether you’re talking about from a political economic perspective, from a GDP perspective. And quite frankly, myself as the CIO, I lack the confidence to go to other portfolio managers and say, look, my view is so strong and so right that you should get out of that country or what have you.

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Banking Assets Government Marketing 162

The Big Picture

DECEMBER 12, 2023

I’m going to be skeptical about analyst adjusted earnings and look to free cash flow is a confirming, but, but I also wanna see, is it one of those cases where the analyst adjustments are economically realistic or are they excuses? So, so you set to retire as portfolio manager this year, you mentioned your two successors.

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Management Investing Investments Retail 264

The Big Picture

APRIL 11, 2023

And the second was, of course, the Warren Buffett story that came out the same week, where he essentially called people who post buybacks, you know, economically illiterate. DAMODARAN: Because the answer is an average portfolio manager is driven by emotion and mood. I mean, strong words for Buffett. RITHOLTZ: He was not a fan.

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Valuation Education Numbers Government 298

The Big Picture

OCTOBER 5, 2024

You, you graduate western Kentucky in 2019, triple major financial management, economics and business data analytics. Yeah, I didn’t even know you could major in economics till I got to college. And I got to college and I was like, oh, I’ll just be an engineer. 00:01:43 [Speaker Changed] Well, I didn’t.

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Economy Education Insurance Economics 162

The Big Picture

MAY 21, 2024

00:01:58 [Savita Subramanian] Well, I started out as an electrical engineering computer science major. 00:03:00 [Speaker Changed] I read a quote from you way back when you said your parents were pushing you to be either an engineer or a doctor. My dad was an engineer and my mom was a software person, so Oh, really?

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Numbers Management Banking Marketing 147

The Big Picture

JULY 15, 2024

Matt Eagan has spent his entire career in fixed income from credit analyst to portfolio manager. Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. I started Northeastern as an electrical engineering. 00:01:49 [Matt Eagan] It was not.

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Portfolio Banking Management Portfolio Management 147

The Big Picture

APRIL 8, 2025

But let’s start with your background in your career, applied mathematics and economics from Brown and then a Harvard MBA. So what I always say is that, you know what the Nobel Prize winners and behavioral economics will tell you is that emotionally losses hurt four to five times more than gains satisfy. It’s volatile.

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The Big Picture

MARCH 26, 2024

You get a BA in economics and poli sci from the University of Delaware. 00:09:37 [Speaker Changed] So again, I was on the avatar side of this y avatar broader organization, which was institutional money management, managing money for a lot of large corporate plans and foundations and endowments. Well, not in college, no.

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Marketing Marketing Investing Investments 147

The Big Picture

MARCH 14, 2023

You get a BA in Economics from Hamilton College. So obvious question, it’s 1990, technology is about to explode, how do you help a value manager short of saying, psst, go buy growth? So what we did was we figured out the economic rationale, the macroeconomic influences about why growth and value work at any point in time.

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Economy Investing Investments Portfolio 162

The Big Picture

MARCH 21, 2023

CLIFFORD ASNESS, CO-FOUNDER, AQR CAPITAL MANAGEMENT: Yeah, I basically discovered him. I was an undergrad studying business and engineering. I was a fixed income portfolio manager and trader, which is a ton of fun. PIMCO out on the West Coast, read the first thing I wrote in the Journal of Portfolio Management.

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Valuation Investing Investments Numbers 173

The Big Picture

FEBRUARY 17, 2025

We’ll get to where you work at JP Morgan, but economics bachelor’s from Columbia MBA from Harvard. So I decided to become an economics major and a psychology minor. So the intersection of psychology and economics became really interesting. Christine Philpots. 00:01:37 [Speaker Changed] Thank you for having me.

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Investing Investments Economics Management 147

The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. You, you get your BS in engineering from University of Texas. 00:04:22 [Speaker Changed] Think of that, 00:04:23 [Speaker Changed] So engineers tend to be pragmatic problem solvers. That’s just unprecedented. Four years.

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The Big Picture

JANUARY 14, 2025

Last time you were on a panel, we were talking about the rise of, of some emerging managers, including yourself. You graduate with a bachelor’s in economics. You were a portfolio manager, researcher head of trading, and apparently tech geek putting machines together. Sarah Livesey is my audio engineer.

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