Musings on Markets

OCTOBER 4, 2021

As smart phones have become ubiquitous in India, their usage has soared, partly because they are the only digital devices that many Indians have available to them to get online, and thus use to access social media, entertainment and shopping.

Valuation 96

Valuation Profit and Loss Investments Numbers 96

PYMNTS

MARCH 19, 2018

However, I’m thinking about how you’re going to attack the market and how you’re going to attract customers and get them on and the speed of transactions faster than anyone else’ … That’s a conversation those folks will entertain and want to have all day,” said Vaughn. New developments in channel strategy?

Concentration 46

Concentration Reconciliations Entertainment Leadership 46

Barry Ritholtz

MARCH 4, 2025

What was the original plan? And I, and I would love to tell people I had a grand plan. I didn’t really have a grand plan, but my policy degree was at University of Chicago. Melissa Smith : ] So again, did not have a grand plan at the time that I was in policy school at Chicago. Speaking of, of entertainment.

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

Barry Ritholtz

SEPTEMBER 12, 2022

And so, while you can see that concentration in markets, and sales, and trading, once I started really working with our private bank in a meaningful way, I was then able to lead teams of investment counselors and investors. And so, in Q2, we heard a lot that recession wasn’t the base case, but they’re — they’re planning.

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

SEPTEMBER 3, 2024

It sounds like the career plan was always finance. Was that the plan? Heather Brilliant : It was not the plan. I think actually if you go public, there tends to be a more of a concentration in owners holding founder 00:17:41 [Speaker Changed] Stock. How far out do you plan it? It’s about 80%.

Investments 59

Investments Valuation Concentration Marketing 59

Barry Ritholtz

FEBRUARY 12, 2024

What was the original career plan? 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, what’s been keeping you entertained, 01:03:27 [Speaker Changed] Entertained? What’d you study there?

Investments 117

Investments Marketing Numbers Entertainment 117

Barry Ritholtz

DECEMBER 6, 2022

And before that, Morgan Stanley, doing technology and operations planning for the wealth and asset management group. It has to be such a different set, the retirement planning is different, the safety net is different. I think 401(k) plans are starting to use ETFs more broadly. BERRUGA: You know, great question. RITHOLTZ: Yeah.

Investments 64

Investments Marketing Numbers Risk Management 64

Barry Ritholtz

FEBRUARY 6, 2024

What, what was the career plan? Whereas the ETF is designed to be a more straightforward s and p 500 US only equity strategy 00:29:26 [Speaker Changed] And it’s concentrated 35 large cap stocks. I think right now, just in a market cap sense, market concentration, there are a lot more growth stocks.

Valuation 52

Valuation Investments Finance Math 52

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. It’s part of their own tax planning. It’s just entertainment. ” One about five years ago, I’m planning a trip to Silicon Valley. What’s keeping you entertained during lockdown?

Investments 52

Investments Benchmarking Marketing Treasury 52

CFO News Room

JANUARY 8, 2023

While the turn of the year presents an opportunity to take a fresh look at your strategy and plan where to focus your energies, it can be hard to sort real trends from hype. When looking at how you plan to invest in technologies over the next year, try to think holistically and consider how they make work together to unlock new opportunities.

Budgeting 130

Budgeting Securities Technology Economics 130

Barry Ritholtz

AUGUST 20, 2024

What was the initial career plan? Mike Green : Well, the, the initial career plan, actually, so I grew up on a farm in Northern California. My initial career plan was that I was gonna go into science. We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments.

Concentration 69

Concentration Marketing Valuation Investments 69

CFO News Room

DECEMBER 20, 2022

Often working with his longtime Imagine Entertainment partner, Brian Grazer and the industry’s top talent as well as its up and comers, Howard has produced more than 120 films and shows, and he’s directed or acted in more than 130, all while maintaining reputation for being one of the nicest guys in Hollywood. ALISON BEARD: At what age?

Leadership 100

Leadership Problem Solving Entertainment Startups 100

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 59

Investments Numbers Risk Management Concentration 59

Barry Ritholtz

OCTOBER 24, 2022

I think it was just a bit of poor planning more than anything else. And so my coverage list kind of converted over time to focus more on mutual funds, to focus on five to nine plans, college savings. NORTON: Concentrated portfolios or willing to stick our necks out and look different than a benchmark. RITHOLTZ: At the BLS, no.

Investments 52

Investments Valuation Benchmarking Marketing 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. KENCEL: Well, look, it’s all about entertaining people. KENCEL: Exactly.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Finance Banking 59

Barry Ritholtz

APRIL 25, 2023

My father was an investment advisor, and he made his way to be an investment advisor from being a manager with a textile factory to selling insurance to find his way out of that business, went from insurance to financial planning, financial planning to the independent broker-dealer world, independent broker-dealer to hybrid IBD slash RIA.

Mergers and Acquisitions (M&A) 64

Mergers and Acquisitions (M&A) Compliance Investments Finance 64

Barry Ritholtz

SEPTEMBER 10, 2024

Was investing always the career plan? So it’s, it’s just kind of ironic, and I’ll just throw this out as a bit of an advertisement, but like, we run a portfolio of 10 stocks, a concentrated portfolio, 00:27:41 [Speaker Changed] 10 stocks, 10 00:27:42 [Speaker Changed] Stocks, that’s it.

Valuation 64

Valuation Investments Economics Marketing 64

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 105

Benchmarking Concentration Investments Profit and Loss 105

Barry Ritholtz

JULY 11, 2023

What was the thinking behind the O’Shaughnessy acquisition and what are the plans for Canvas? JOHNSON: For quite a while, so we had good plans in place, and then about three weeks later, remember, we were going to flatten the curve with two weeks off … RITHOLTZ: Yeah, that’s right. JOHNSON: Fantastic.

Mergers and Acquisitions (M&A) 88

Mergers and Acquisitions (M&A) Investments Technology Finance 88

The Big Picture

JUNE 10, 2025

What was the original career plan? We had this with the Mag seven where you saw such concentration risk in some of those names on the indexes that investors maybe, maybe were managing risk by just going, moving away intentionally from owning all, all, all those names. Well, when you say customization, I tend to think of value driven.

Investments 59

Investments Education Technology Healthcare 59

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? It’s called FL Entertainment, great entrepreneur, Stéphane Courbit. What’s been keeping you informed and entertained, either podcast or Netflix or whatever? RITHOLTZ: Yes, I can imagine.

Investments 59

Investments Banking Entertainment Marketing 59

Barry Ritholtz

JULY 29, 2024

What were the career plan? So I came to New York, no job plans, no ideas. You know, met the board, really liked what they had to say about plans for Orion, spent some time with Eric. Full disclosure, my firm uses Orion as part of our tech stack and managing the four and a half or so billion dollars we have. When would you do it?

Investments 59

Investments Communication Benchmarking Technology 59

Barry Ritholtz

DECEMBER 14, 2022

Because going back to our thematic investing, our portfolio is 80 percent concentrated in warehouses, rental housing, lab office space and hospitality asset. MCCARTHY: — and really concentrated the business in those best markets, and then helped to grow. MCCARTHY: That is what’s most important. Cambridge U.K.,

Mergers and Acquisitions (M&A) 64

Mergers and Acquisitions (M&A) Investments Construction Concentration 64

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. It’s the entertainment value. I create these concentric circles for people who have time and say, if you have this much time, try these extra things. It’s a pure entertainment. DAMODARAN: Right.

Valuation 119

Valuation Education Numbers Finance 119

Barry Ritholtz

MARCH 26, 2024

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. You get a BA in economics and poli sci from the University of Delaware.

Investments 59

Investments Marketing Concentration Economics 59

Barry Ritholtz

JULY 15, 2024

Was finance always the career plan? We tend to be concentrated in those. And then on the institutional side, we do, of course, all private pensions, sovereign wealth funds, public pensions, taf, Hartley plans, insurance, all of that. It adds uncertainty to planning for businesses. Matt Eagan. Oh, that’s interesting.

Investments 59

Investments Marketing Banking Benchmarking 59

Barry Ritholtz

DECEMBER 17, 2024

What were the career plans? Tony Kim : Career plans? One is just generally on the valuation question with technology and similarly, the market concentration of the magnificent seven. That that’s a fairly concentrated portfolio, isn’t it? So let’s start out with your background. It’s about thinking.

Technology 52

Technology Investments Numbers Concentration 52

Barry Ritholtz

DECEMBER 10, 2024

What was the career plan? He, was he talking about a plan or was he talking about David Roux : No, no, no. 00:16:27 [Speaker Changed] How much of what’s been going on in the 2020s has been a focus on that same top 10% of tech companies as being overly concentrated and wildly expensive. We’re just gonna stop.

Technology 52

Technology Manufacturing Investments Education 52

Barry Ritholtz

NOVEMBER 4, 2024

They are a combination of a, a Village or Oak Street and an MA plan in meaning 00:18:28 [Speaker Changed] Explain that for, 00:18:29 [Speaker Changed] For the lay person, meaning that they’re actually, they have devoted medical group, which started as virtual, but as a network managing network of the care. And that is what they do.

Healthcare 52

Healthcare Investments Numbers Marketing 52

Barry Ritholtz

JULY 31, 2023

Was the plan always to cover finance? And most people think of Bill, his bread and butter business is activist, very concentrated stock investing, but he has a bit of a background in macro too, back from ’07, ’08, and he actually decides to do this in the credit markets, where spreads are incredibly tight. RITHOLTZ: Really?

Treasury 52

Treasury Retail Economics Entertainment 52

Barry Ritholtz

MARCH 17, 2025

What, what was the original plan Stephanie Kelton : To be a dentist. Obviously they can be used, make changes to the tax code if you care about the distribution of income and wealth and you wanna make some kind of change because you think things have gotten too concentrated. That sounds like you were teeing up for a career in academia.

Budgeting 59

Budgeting Economics Math Numbers 59

Barry Ritholtz

FEBRUARY 4, 2025

WA was the career plan, always economics and finance. It was not our plan. And we also know very well that of course if you have such a high concentration of the magnificent seven and the top 10 biggest stocks in your index, this goes completely against page one. That’s a mouthful of places where you’ve worked.

Economics 103

Economics Finance Manufacturing Banking 103

CFO News Room

JANUARY 17, 2023

Here’s page one: The footnotes are very entertaining. This could be explained by several factors including insufficient concentration, improper formulation and/or amount of PVP-I, inadequate duration of exposure, inappropriate method of administration, and mucociliary clearance of PVP-I from the nasal cavity. Democrats en Déshabillé.

Concentration 130

Concentration Economics Numbers Manufacturing 130

Barry Ritholtz

NOVEMBER 12, 2024

And within five minutes of getting off the planet, I had no real reporting plan. Just as China’s turning on to make our pelotons and our, you know, bar backyard barbecues and trampolines to entertain our cooped up children. They want to hear, well, what’s your backup plan? What, what’s keeping you entertained?

Manufacturing 104

Manufacturing Economics Numbers Entertainment 104