article thumbnail

Transcript: Matt Levine

Barry Ritholtz

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? Like, like the, you know, like the accounting standards. You know, it was all this like structuring and like tax and legal and accounting stuff.

article thumbnail

Transcript: Cliff Asness

Barry Ritholtz

My mom was a math teacher so — RITHOLTZ: Okay. ASNESS: Ultimately, the shareholders, I won’t go through all the other subtleties, what’s a little sad is we kind of won the battle in that current accounting standards make you expense stock options and that was a change. He’s the genius in math.