Remove Concentration Remove Credit Risk Remove Economics Remove Investments
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Transcript: Kristen Bitterly Michell

Barry Ritholtz

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. Her name is Kristen Bitterly Michell.

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Transcript: Ted Seides

Barry Ritholtz

Let’s talk a little bit about your alternative investments career. And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven.

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Channeling Retail’s Inner Animal

PYMNTS

They say that understanding how animals forage for their food is helpful in understanding how consumers forage for everything they buy — and even what type of credit risk they are in the process. Price and accessibility to inventory are two of the big reasons that consumers decide where to shop and concentrate their spend.

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Transcript: Ken Kencel

Barry Ritholtz

And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investment banks. KENCEL: So — RITHOLTZ: Why are they investing in mid-market U.S.