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Transcript: Ted Seides

Barry Ritholtz

SEIDES: If the S&P is your benchmark, which it isn’t for these pools of capital. RITHOLTZ: What should be their benchmark? So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. So what do you use for a benchmark? What’s the valuation?

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Transcript: Julian Salisbury, GS

Barry Ritholtz

ADVERTISEMENT) RITHOLTZ: Tell us a little bit about what the Goldman Sachs asset and wealth management business is like. We didn’t really have to worry about marketing or advertising, didn’t spend time on podcasts or TV. ADVERTISEMENT) RITHOLTZ: So let me throw a curveball at you. We love it. What do they focus on?

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Transcript: Rick Rieder

Barry Ritholtz

ADVERTISEMENT) RITHOLTZ: So you’ve been with BlackRock since the financial crisis. And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. There is alpha.

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Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. But in the New York Times, there was an advertisement that the value line investment survey needed analysts. The s and p 500 has underperformed his fund by 3.7% a year since 1989. Much better.

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Transcript: Cliff Asness

Barry Ritholtz

But if you buy low multiples and sell high multiples, either in a long-only beat the benchmark sense, whether over and underweight, and you did the same thing everyone does and call me a hedge fund manager. And value and momentum do, whether it’s relative outperformance against a benchmark or absolute performance in a hedge fund.

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The False Face of SBF, FTX, and ESG

CFO News Room

The bankruptcy filing of FTX has even more fundamentally damaged perceptions of the asset class, and sent valuations tumbling to lows not seen in several years. . Tom Brady, Gisele Bunchen, Steph Curry, and other celebrities had advertising and marketing deals with the firm.

Economics 130
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Transcript: Brad Gerstner

Barry Ritholtz

You know, I think of like a Mike Spies or at Sutter Hill, you know, a Martine Cado and Andreessen, you know, Gurley when he was at Benchmark. It was about $170 million valuation. I like these big advertisers, but they don’t wanna be associated with that. It’s 00:52:47 [Speaker Changed] A tough benchmark to beat.