The Big Picture

JUNE 23, 2025

Always the career plan. It’s sort of like math with dollar signs attached to it. Barry Ritholtz : When I think of hedging risk on the fixed income side, not specific to that era, which was kind of unique, I think, of interest rate, risk, credit risk, the underlying security that subsequently gets securitized.

Mergers and Acquisitions (M&A)

Barry Ritholtz

SEPTEMBER 12, 2022

And so, with this gave me exposure to everything from investment banking to retail, looking at like checking account campaigns, like how do you get more assets in the door to credit risk. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature.

Investments

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. The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s part of their own tax planning.

Investments

Barry Ritholtz

AUGUST 29, 2023

And when you saw the US Ag down 13% last year, for folks, again, who are investing for retirement and in their 529 plans, they’re not concerned about it. And you had to take on significant duration risk and credit risk just to earn a couple percentage points. DAVIS: That’s exactly it.

Investments

Barry Ritholtz

FEBRUARY 13, 2023

Was that something you were planning on doing or — RIEDER: No. 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. How are we doing in literacy versus math versus science? Where are we?

Mergers and Acquisitions (M&A)

Barry Ritholtz

MARCH 12, 2024

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.

Profit and Loss

Barry Ritholtz

JUNE 3, 2024

What was the original career plan? Jeffrey Sherman : Well, what it was was, so I, as I said, with applications, there’s many applications of math, and the usually obvious one is physics. Barry Ritholtz : It seems that some people are math people and some people are not. The, the math came easier. It was kidding.

Math