Remove Concentration Remove Entertainment Remove Financial Modeling Remove Planning
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Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

And the division that I was in was below plan. And I realized I wanna work with people who are superb like Richard Sandor, but I also want to work for a company that’s not going to have some kind of financial or legal blow up. Low price stock has historically had some very large concentrated positions. That was real money.

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Transcript: Ken Kencel

Barry Ritholtz

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. KENCEL: Well, look, it’s all about entertaining people. KENCEL: Exactly. RITHOLTZ: Right.