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Transcript: Graeme Forster, Orbis Investments

Barry Ritholtz

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. Then the volatility and, and the valuation makes an enormous difference.

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Transcript: Rick Rieder

Barry Ritholtz

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. But I found — you know, I was a financial analyst and I was literally — you know, what we talked about, I was going to go and do that again, I loved looking at companies. RIEDER: A100 percent.

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Transcript: Cliff Asness

Barry Ritholtz

But plenty of valuation measures, it has no applicability for price-to-sales. In academia, he’s known for witty biting papers he writes for such publications as the Financial Analysts Journal.” My mom was a math teacher so — RITHOLTZ: Okay. It can apply to earnings. RITHOLTZ: Right.