Remove Math Remove Numbers Remove Securities Remove Treasury
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50% Risk-free Annual Returns

Barry Ritholtz

(emphasis added) The red flags were there for anyone who could put their greed aside and simply focus on the math. In the 2010s, the true risk-free rate of returns – 10-Year Treasuries – was yielding ~2.5%, so how could anything remotely risk-free be yielding 20 times that amount?

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The Latest In Financial #AdvisorTech (December 2022)

CFO News Room

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: DPL Partners launches a new advisor-matching solution to solve for the inbound demand of consumers increasingly seeking out a new crop of no-commission annuity products.

Planning 130
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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

Take, for example, how the Fed views statistics, such as employment numbers, when it’s thinking about inflation or raising rates so quickly, which is really constraining to people on an actual budget facing other inflationary pressures, and, by the way, not actually doing anything about inflation. So those numbers are disparate.

Banking 100
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Restructuring Compensation And Roles To Align For Growth

CFO News Room

You do the math and you’re like, “Okay, well, an advisor can handle about 100 clients, an associate advisor can help with some of those clients, you can leverage maybe an associate advisor with a couple of advisors, but there’s a capacity limit for each of the roles.” And so, that can move the numbers, as well.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I did an internship in the summer at Citibank Securities in fixed income sales and trading. I had a number of relationships that I built up and had another job lined up in New York City. And you’re right.

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Transcript: Rick Rieder

Barry Ritholtz

So the idea being, you know, that we could analyze, dissect companies anywhere from, you know, senior securities, secured down to distressed. And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RITHOLTZ: Is that how you ran R3? Was that the basis?

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Transcript: Ted Seides

Barry Ritholtz

Or at least the top, pick a number, 30, 40%. I don’t remember the number. SEIDES: No, you’re right about the securities. SEIDES: It wasn’t a question of security prices going down, it’s a question of like, can you transact? So you’re talking about an average of a large number.