The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. We just get to focus on assets and asset risk management. RITHOLTZ: — than a family office.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130

Math Management Insurance Assets 130

The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: … risk management. BITTERLY MICHELL: … this isn’t a generalization, but they have a higher risk tolerance. BITTERLY MICHELL: … was — no, no.

Clients 299

Clients Wealth Management Banking Investments 299

The Big Picture

MARCH 27, 2023

Even the guy you think of so highly, you know, after three hedge funds open and close, you got to wonder if there’s some risk management issue there. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. RITHOLTZ: Yeah.

Assets 285

Assets Investing Investments Management 285

The Big Picture

MARCH 12, 2024

They’re, they’re lower risk tolerance, I would say very high standards on quality of service and quality of, of infrastructure and decision making. 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.

Banking 147

Banking Marketing Marketing Investing 147