PYMNTS

AUGUST 5, 2016

Now why, you might ask, would the biggest retailer in the world buy an eCommerce site that was facing a mega cash crunch in December and had to raise a whopping $550M just to keep the lights on? It wasn’t because it has the secret to running a profitable eCommerce site or success in monetizing memberships a la its CEO’s alma mater, Amazon.

Profit and Loss 43

Profit and Loss Currencies Accounting Securities 43

Barry Ritholtz

MAY 30, 2023

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Economics 57

Economics Education Profit and Loss Banking 57

Barry Ritholtz

JANUARY 24, 2023

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. You got 60 percent of losses ahead of you. RITHOLTZ: So it’s different math then I need 100x winner versus 99?

Mergers and Acquisitions (M&A) 103

Mergers and Acquisitions (M&A) Investments Leverage Numbers 103

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. 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.

Investments 116

Investments Marketing Profit and Loss Banking 116

Barry Ritholtz

MARCH 27, 2023

By ’08 and ’09, look, there were bankruptcies everywhere in every industry from retail to telecom. It’s a matter of making better decisions and being more profitable. since the ‘80s regarding economic mobility, that there used to be a huge ability to move up, or at least be in a better situation than your parents were.

Investments 110

Investments Restructuring Profit and Loss Finance 110

Barry Ritholtz

MARCH 12, 2024

And so, so we sort of felt pretty stupid for a while because we did a lot of losing trades in 2006 that were the, you know, that obviously didn’t come to fruition until the actual people could see the losses. So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss.

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57

Barry Ritholtz

DECEMBER 12, 2023

And I was a math nerd as a kid. They announced a $640 million loss and ouch. ’cause bad things can happen to undifferentiated retailers. It’s what the much maligned retail investor was doing. But if, if it has a history of not being profitable, you you really want to exclude that. So I took that.

Benchmarking 103

Benchmarking Concentration Investments Profit and Loss 103