Math Pharmaceutical Profit and Loss Treasury 
Barry Ritholtz
JANUARY 24, 2023
But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. September 13, 1981, I think the 10-year Treasury was 15.84 You got 60 percent of losses ahead of you. RITHOLTZ: Yeah.
Barry Ritholtz
DECEMBER 12, 2023
And I was a math nerd as a kid. He developed the Ginnie Mae contract, which at one time was a big thing in treasury bond contract. They announced a $640 million loss and ouch. But if, if it has a history of not being profitable, you you really want to exclude that. So big loss. Very inventive and creative person.
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