Remove Accounting Remove Financial Analyst Remove Hurdle Rate Remove Leadership
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Transcript: Stephen Suttmeier

Barry Ritholtz

Accounting was very difficult. It’s about a 50% fail rate, something like that. And what it’s telling us now is that some of the, the cyclical sectors like financials, materials, industrials, they had a chance to rotate into a bigger leadership position and failed. And I remember that first level was tough.