Remove Benchmarking Remove Currencies Remove Math Remove Profit and Loss
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Transcript: Graeme Forster, Orbis Investments

Barry Ritholtz

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. So I, I did a math degree at Oxford, which is more pure math. And they go on longer and longer and obviously more profitable for the states that run the lottery.

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Transcript: Kristen Bitterly Michell

Barry Ritholtz

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. They understand currencies. The next question that you alluded to, which is really interesting about revenue and profits, how solid in inflation hedge are equities? RITHOLTZ: Sure.

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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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Transcript: Gary Cohn

Barry Ritholtz

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. You had a lot of currency forwards trading, which made se made sense. Made sense.

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