The Big Picture

FEBRUARY 12, 2024

And at that point, I decided what I really wanted to do was be a PhD in economics. So then I just started interviewing with companies as they came on, on the, on-campus recruiting to see what, what I could find. So I applied to half a dozen of the best programs. 00:03:03 I got rejected at all of them really.

Management 294

Management Investing Investments Economy 294

The Big Picture

MAY 7, 2024

You know, we look at these economic busts or these market crashes, and it’s obvious in hindsight what spectacular opportunities there they were. I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. To my recruiter nanny, what she had to fire her suddenly one day.

Startup 147

Startup Advertising Engineering Numbers 147

The Irrelevant Investor

AUGUST 17, 2015

Rational measures of valuation had taken a backseat to “mouse clicks and momentum,” as Robertson put it, and he had no stomach for more punishment. Druckenmiller "Druckenmiller understood the stock market better than the economists and understood economics better than the stock pickers." "In 28 Whereas D.

Marketing 52

Marketing Marketing Assets Recruitment 52

The Big Picture

AUGUST 15, 2023

And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven. SEIDES: Yeah, I wouldn’t measure it in terms of economic returns.

Management 130

Management Investing Investments Government 130

The Big Picture

SEPTEMBER 10, 2024

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. But generally starts with the economic cycle. Where are you in the economic cycle? I, I love that area.

Valuation 162

Valuation Clients Investing Investments 162

The Big Picture

JULY 26, 2022

I mean, I don’t — RITHOLTZ: So this is really devious recruitment. WEAVER: — you know, my teaching and recruiting. And since we look at both private and public markets, what do you think of in terms of valuation? RITHOLTZ: Do you end up hiring people right out of your classes or — WEAVER: Yeah.

Consulting 298

Consulting Numbers Management Investing 298

The Big Picture

AUGUST 29, 2023

And your bio explains how you were recruited to Vanguard. So a variety of risk meetings, a variety of economic meetings. And it’s paid off, it’s paid spades in terms of, it helps us make sure that we’re recruiting the right people, it helps us in terms of retaining folks. RITHOLTZ: Right.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

OCTOBER 24, 2022

BLS recruits, just like all other organizations, recruits at college campuses. So I leave the Bureau of Labor Statistics and I move into economic consulting. And how do we think about them from a valuation perspective? MARTA NORTON, CHIEF INVESTMENT OFFICER, MORNINGSTAR INVESTMENT MANAGEMENT: Right. NORTON: Right.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

MARCH 5, 2024

So I switched to be an economics major. I graduated economics with, with a lot of coursework in accounting and finance. So that would be the draw, you know, the train lines end there so you can recruit people from, from the city, but it, it was probably a little more selfish. Huh, 00:03:07 [Speaker Changed] Interesting.

Banking 147

Banking Portfolio Assets Investing 147

The Big Picture

SEPTEMBER 26, 2022

But thankfully, the next decade, things really accelerated in terms of the growth of the company and growth in the valuation, things like that. The interesting thing about this economic development battle where different states are fighting with each other over the same existing companies has sort of zero sum for America.

Startup 173

Startup Investing Investments Numbers 173

The Big Picture

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What are the, you know, I’d literally have it in my handheld.

Sales 130

Sales Numbers Marketing Marketing 130

The Big Picture

NOVEMBER 22, 2022

Instead, I’m talking about a fundamental belief that economic setbacks are temporary and the future will be better than the past. The catalyst for their downfall is the same as it always is — a good business overextending themselves by gorging on cheap credit collateralised by high and rising valuations of assets on their balance sheet.

Recruitment 264

Recruitment Valuation Assets Clients 264

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. One of the reasons I went to Merrill is I was recruited by one of my best friends, who is Sally Crotch? So look, we are in the camp, and this is a pure economic view. Lisa Shalett : Not at all.

Asset Allocation 147

Asset Allocation Wealth Management Clients Assets 147

The Big Picture

MARCH 21, 2023

But plenty of valuation measures, it has no applicability for price-to-sales. RITHOLTZ: Meaning it would be a recruitment challenge. ASNESS: Well, first of all, I’m going to somewhat disappoint you saying we do not take very big bets on views like timing asset classes based on valuation. It can apply to earnings.

Valuation 173

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.

Investing 147

Investing Investments Economics Management 147

The Big Picture

DECEMBER 10, 2024

And it, you know, it was a very challenging economic environment. These 10% are what’s driving the entire valuation. The other thing that’s different is, is that today the companies with the most spectacular valuation levels are private. We’ll buy the rest of it at a, a full valuation, which we did.

Engineering 130

Engineering Consulting Manufacturing Investing 130

Aleph

FEBRUARY 11, 2023

Portfolio Management and Finance The buying binge that has propelled US equities almost without interruption for four months is nearing a point where past rebounds caved in [link] Valuations are in the 97th percentile. Feb 07, 2023 What Are Stock Buybacks and How Did They Rise Above $1 Trillion? link] Deficient article.

Banking 59

Banking Government Economics Taxes 59