Barry Ritholtz

FEBRUARY 21, 2023

BUCKLEY: I think it’s one huge lesson for us, and it’s brought out in our leadership team. If you look at that ETF low cost leadership space, I believe 86 percent of our assets would now be considered lowest cost. That means a low hurdle rate. I want to put that in context of leadership. So we do that.

Leadership 108

Leadership Investments Profit and Loss Technology 108

Barry Ritholtz

MAY 9, 2023

But I don’t think this is a wholesale shift, we’re in a higher rate environment, obviously, for now. And while rates will likely start rolling over into next year, I think we’re in an environment where the hurdle rate for making more illiquid investments is higher.

Investments 116

Investments Banking Advertising Finance 116

Barry Ritholtz

DECEMBER 26, 2023

And what it’s telling us now is that some of the, the cyclical sectors like financials, materials, industrials, they had a chance to rotate into a bigger leadership position and failed. And technology and discretionary and comm services had a chance to rotate into a more bearish leadership position and did not do that.

Marketing 61

Marketing Leadership Finance Investments 61