Barry Ritholtz

SEPTEMBER 12, 2022

KRISTEN BITTERLY MICHELL, HEAD OF NORTH AMERICAN INVESTMENTS, CITI GLOBAL WEALTH: It’s really interesting because I’m not someone that you would think would be the typical profile to end up in capital markets or — or sales and trading. Home sales are declining, although rents remain high. BITTERLY MICHELL: … was — no, no.

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

FEBRUARY 17, 2025

But when you look at emerging markets and when you look at value, the opportunity for alpha is much, much greater than it is in traditional large cap growth stocks in the US And a lot of managers in that space actually beat their benchmark. And I did a lot of options math, which I thought was interesting.

Investments 59

Investments Economics Marketing Benchmarking 59

CFO News Room

DECEMBER 17, 2022

sales positions), which unfortunately makes it easier for those who take full-time sales jobs with no real financial planning to meet the experience requirement than those who take part-time paraplanner jobs as career changers even though it provides far more meaningful financial planning experience.

Planning 130

Planning Education Investments Benchmarking 130

Barry Ritholtz

AUGUST 29, 2023

I did an internship in the summer at Citibank Securities in fixed income sales and trading. But the reason I went to Merrill is because they had this unique global debt rotation program that allowed you to rotate through a couple different business units in fixed income, sales and trading. They create the benchmark.

Investments 52

Investments Benchmarking Valuation Construction 52

Barry Ritholtz

AUGUST 20, 2024

And the advice that he gave to David Einhorn about it that helped lead Einhorn to start really kicking the benchmark’s butt again for the past couple of years. And so that then led to the sale of that business in the late 1990s to Credit Suisse. I found this conversation to be both interesting and surprising.

Concentration 69

Concentration Marketing Valuation Investments 69

Barry Ritholtz

DECEMBER 12, 2023

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. And I was a math nerd as a kid. You’re 34th, you’re retiring after 34 years and you trounce what’s really the more appropriate benchmark, I would assume the Russell 2000.

Benchmarking 105

Benchmarking Concentration Investments Profit and Loss 105

Barry Ritholtz

MAY 6, 2025

Sander Gerber : Well, actually I was good at math. Wall Street tries to make things more complicated because it has to justify the, the sales commission and if, but things really are not so complicated. Because if you don’t include every single data point, then in the matrix math you have a divide by zero issue.

Profit and Loss 59

Profit and Loss Risk Management Marketing Banking 59

Barry Ritholtz

FEBRUARY 13, 2023

And then somebody convinced me to go into sales and trading, and I decided to do that. 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. And you know, I love markets. There is alpha.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Marketing Investments Education 59

Barry Ritholtz

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. With 83% of the s and p 500 reporting earnings sales are roughly in line. What was the career plan?

Finance 59

Finance Marketing Numbers Investments 59

Barry Ritholtz

JULY 15, 2024

Now he’s the head of the discretion team at Loomis Sales, which manages well over $335 billion in client assets. I thought this conversation was fascinating, and I think you will also, with no further ado, Loomis sales. I started out math and, and physics, and in high school I was a rock star in math and physics.

Investments 59

Investments Marketing Banking Benchmarking 59

Barry Ritholtz

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. 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. They grew more in terms of earnings, sales, cash flows.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69

Barry Ritholtz

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. And so we, we get this contract written and I go off to grad school assuming I would go work at a big bank doing sales and trading in some quant role. You learn the math that can help you with, with market making operations.

Leverage 59

Leverage Investments Marketing Math 59

Barry Ritholtz

OCTOBER 3, 2023

Now, there was one really important part of, of that as part of my job training, I was sent to the big sales offices to learn how the product was sold. One of the big sales offices was out in Long Island in Garden City. You’re doing a lot of math in your head on the Fly. 00:16:40 So there was a way to judge yourself.

Marketing 112

Marketing Banking Treasury Profit and Loss 112