CFO News Room

NOVEMBER 22, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

Planning 130

Planning Communication Profit and Loss Education 130

Barry Ritholtz

SEPTEMBER 12, 2022

And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. You have a background, undergraduate, your economics degree from Notre Dame, but you were dual-major Spanish language and Literature degree, how useful was that in Latin America?

Investments 114

Investments Marketing Profit and Loss Banking 114

Barry Ritholtz

DECEMBER 14, 2022

MCCARTHY: I’d back up actually a little bit further in thinking about how did I get there, because I don’t think it was very obvious actually that I would come out of Yale with an ethics, politics and economics degree — RITHOLTZ: Perfect really, right? MCCARTHY: — and end up in M&A on Wall Street. Cambridge U.K.,

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Investments Construction Concentration 60

Barry Ritholtz

AUGUST 15, 2023

Was that the plan or was he just going to announce it? That was never part of the plan, didn’t happen. SEIDES: Yeah, I wouldn’t measure it in terms of economic returns. It’s part of their own tax planning. It’s just entertainment. SEIDES: I was independent. SEIDES: Oh no. SEIDES: No, no, no.

Benchmarking 52

Benchmarking Investments Marketing Treasury 52

Barry Ritholtz

JUNE 13, 2023

Was the plan when you were going to school in Paris always to go into finance, or were you originally leaning in another direction? During COVID, rather than just a monetary response, we saw a massive fiscal response, which seemed to have really helped across the entire economic strata, especially the middle class. A real company.

Investments 56

Investments Banking Entertainment Valuation 56

Barry Ritholtz

MARCH 26, 2024

You get a BA in economics and poli sci from the University of Delaware. What was the original career plan? 00:09:37 [Speaker Changed] So again, I was on the avatar side of this y avatar broader organization, which was institutional money management, managing money for a lot of large corporate plans and foundations and endowments.

Investments 56

Investments Marketing Concentration Economics 56

Barry Ritholtz

JULY 4, 2023

What were your early career plans? Elliott just created an investment committee in 2021, I think precisely to get things ready for succession planning. In the have not category, we’ve got the long short equity funds that are directional and concentrated, which have had horrific performance. I’m not exaggerating.

Investments 56

Investments Numbers Risk Management Concentration 56

Barry Ritholtz

DECEMBER 12, 2023

And the division that I was in was below plan. Low price stock has historically had some very large concentrated positions. And those concentrated positions happen because they have high conviction that they’re in that group where it’s not stupid to think about where earnings will be 10 years out. Real money.

Benchmarking 103

Benchmarking Concentration Investments Profit and Loss 103

Barry Ritholtz

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. Was the plan always to cover finance? We’ll get into that in a minute. RITHOLTZ: Really?

Treasury 52

Treasury Economics Retail Entertainment 52

Barry Ritholtz

APRIL 4, 2023

And we brought them a plan that, you know, I think, was very similar to what the banks were doing at the time, which was providing financing to private equity-owned companies, huge area of growth in the economy. You raised another $11 billion in capital, despite the economic environment. You guys had a huge year. KENCEL: Yeah.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Finance Investments Banking 56

Barry Ritholtz

APRIL 25, 2023

You turned out to be the first dual economics financial management major at Quinnipiac. They’re all 200 billion, Creative Planning, Edelman, Ken Fisher, they’re all giants. You have a concentrated securities position, right? And before we delve into that, let’s jump into your background. HAMBURGER: Sure.

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60

Barry Ritholtz

APRIL 11, 2023

RITHOLTZ: And then we could talk about stock option plans and what is and isn’t above the line deducted. And the second was, of course, the Warren Buffett story that came out the same week, where he essentially called people who post buybacks, you know, economically illiterate. It’s the entertainment value.

Valuation 114

Valuation Education Finance Investments 114

Barry Ritholtz

FEBRUARY 12, 2024

What was the original career plan? And at that point, I decided what I really wanted to do was be a PhD in economics. You’re outperforming, you’re, you’re putting up good numbers that’s on a concentrated portfolio and it’s 10, 15, 20 stocks are the drivers. What’d you study there?

Investments 113

Investments Marketing Numbers Entertainment 113

CFO News Room

JANUARY 17, 2023

Here’s page one: The footnotes are very entertaining. Davos tries testing: Everyone at the World Economic Forum annual meeting — including journalists and participants — has to take a PCR test upon arrival. An ERV can economically introduce fresh ventilation air into your home. But somebody hijacked my brand….

Concentration 130

Concentration Economics Manufacturing Numbers 130