Remove Compliance Remove Healthcare Remove Hurdle Rate
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Transcript: Julian Salisbury, GS

Barry Ritholtz

But I don’t think this is a wholesale shift, we’re in a higher rate environment, obviously, for now. And while rates will likely start rolling over into next year, I think we’re in an environment where the hurdle rate for making more illiquid investments is higher. Capital rules were changing.

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Transcript: Savita Subramanian

Barry Ritholtz

And if you look at the s and p today, 50% of it is asset light, innovation oriented healthcare and tech. Because these regulated banks had to hire all these legal and compliance and expert folks to make sure we weren’t doing anything bad, right? But now we’re back to a more normal hurdle rate.