Barry Ritholtz

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. The highest interest rates in U.S.

Mergers and Acquisitions (M&A) 103

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

Barry Ritholtz

JANUARY 16, 2024

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. And, and that is, you know, the treasuries were so low that you could be, have a 4%, 5% yield, even 3% on a real estate investment and still have a nice cushion over treasuries. I have no family history.

Investments 103

Investments Marketing Transportation Finance 103

Barry Ritholtz

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. But since you mentioned getting return on the risk you take, how do you think about duration when the three-month Treasury is more or less the same or better than the 10-year? You know, the leverage in the system builds. And I think people underestimate U.S. RIEDER: Yeah.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Investments Marketing Education 56

Barry Ritholtz

JULY 31, 2023

They don’t let the reporters into the fun stuff, but it’s a bunch of CEOs with Steven Mnuchin, the Treasury Secretary, and they’re all yakking about this, the big theme that year, as it often has been since then, was environment, ESG, and they’re all talking about the kind of corporate babble that you hear at these things.

Treasury 52

Treasury Economics Retail Entertainment 52

Barry Ritholtz

MARCH 12, 2024

We participated in that with treasury and FHFA and the regulators, the White House. It’s that the, so that’s the core competency and it’s just leveraged into, if it’s a loan, if it’s a security backed by a loan, if it’s the actual estate itself. So from a data perspective, think about it this way.

Profit and Loss 56

Profit and Loss Investments Marketing Securities 56

Barry Ritholtz

JUNE 20, 2023

In fact, I think Secretary of the Treasury at the time said the market will work out these things and they will not become a problem. Aren’t the big firms and the LBOs, the leveraged buyouts, very different than the middle market, smaller private equity firms that provide capital and equity to small companies. RITHOLTZ: No.

Healthcare 56

Healthcare Finance Marketing Retail 56

Barry Ritholtz

APRIL 8, 2024

I’d been ranked i i back in the seventies, if you can do the math. 00:31:28 [Speaker Changed] But you had no idea they were running a hundred to one leverage? Starting with what’s keeping you entertained these days? So at that point, I had a pretty big career. They see it very similar to 1970s.

Economics 56

Economics Marketing Forecasting Numbers 56