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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

RITHOLTZ: We’ll talk a little bit about leadership and crew development a little later. So let’s discuss leadership and what you do to develop crew members and to identify and foster other people’s leadership skills. So, Ken ended up being one of the best bosses I’ve ever had in my career.

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Transcript: Rick Rieder

Barry Ritholtz

But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And how do you make the decision, I’m not comfortable with this credit risk relative to the return it’s going to throw off?

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Transcript: Armen Panossian

Barry Ritholtz

The cost of constructing a home is higher today than it was three years ago. So there is real inflation in cost of construction. And I think w when you combine new home sales declining and new home construction or and multifamily construction declining, that’s when I think the bite will be felt.

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Transcript: Robert Koenigsberger

Barry Ritholtz

So we have to think about credit risk like everybody else. But at the end of the day, emerging markets risk is about credit culture, people, how do they behave in times of duress in the past, predict how they’re going to behave in the future. I’m not going to say I do it as well in Spanish as I do in English.