Barry Ritholtz

JANUARY 24, 2023

September 13, 1981, I think the 10-year Treasury was 15.84 percent 10-year Treasuries, it is nowhere near kind of the situation. KLINSKY: Well, that’s why I tried to say my first day at work, intra-10-year Treasuries were 15.8 RITHOLTZ: So it’s different math then I need 100x winner versus 99? RITHOLTZ: Yeah.

Mergers and Acquisitions (M&A) 103

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

Barry Ritholtz

OCTOBER 17, 2023

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. And the 10 year yield of A A A J G B or or a or a, a treasury or a bond.

Investments 52

Investments Valuation Math Numbers 52

CFO News Room

NOVEMBER 18, 2022

That’s just the math. Treasury securities] and to give a bid to the gilt market to raise the level of gilts. If you’re not in it, you’re not going to benefit from the upside. What we’ve seen is actually more money created than what was sensibly needed to save the economy, and it’s obviously not going into the real economy.

Banking 100

Banking Economics Leverage Currencies 100

Barry Ritholtz

AUGUST 15, 2023

So you go back a couple of years and you could say, “Well, what return is available buying a treasury?” ” And it turned out, if you looked at the market at that time, it was, I’ll call it 1%, five-year treasury or 10-year treasury. So you say, “Well, we need to invest. How would you have done?

Benchmarking 52

Benchmarking Investments Marketing Treasury 52

Barry Ritholtz

AUGUST 29, 2023

And when you think about translating the S&P 500 PE to an implied equity risk premium by looking at the 10 year treasury yield, you’re 200 basis points below what it’s been for the last 10 years. Tell us a little bit about what you as CIO do on the bond side. DAVIS: So on the bond side, we have both.

Investments 52

Investments Benchmarking Valuation Construction 52

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

CFO News Room

DECEMBER 5, 2022

As ultimately, very few human beings can effectively do compound math in their head, to figure out the cumulative impact of years or decades of a change in savings, investing, or other financial behaviors, on their long-term wealth.

Planning 130

Planning Technology Valuation Communication 130

Barry Ritholtz

FEBRUARY 13, 2023

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? RIEDER: Why do you need the price of the Treasury market to the two-year forward or the three-year forward? And I think people underestimate U.S. RIEDER: Yeah.

Mergers and Acquisitions (M&A) 56

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

CFO News Room

NOVEMBER 8, 2022

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, we pivoted to more of a service team.

Restructuring 130

Restructuring Planning Accounting Marketing 130

Barry Ritholtz

JUNE 27, 2023

Not only did he serve on the Brady Commission looking at the ’87 crash, but his history of investing and trading and public service, both at the Fed and the Chicago Board of Trade and Treasury Department, really unparalleled, as well as just a pretty amazing track record as an investor and trader. What did you find? RITHOLTZ: Right.

Math 56

Math Risk Management Profit and Loss Marketing 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. And I was always good at math and, and I had been writing code since I was in the sixth grade. And once you turn down Warren Buffet, h how can the treasury Department or the Fed Yeah. So in fixed income terms, that’s a lot.

Profit and Loss 56

Profit and Loss Investments Marketing Securities 56

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. So my grandmother realizing that this was her source of income, wanted to be sure she had the right stocks, and she got a trial subscription for 29 bucks for 13 weeks of the value line.

Benchmarking 103

Benchmarking Concentration Investments Profit and Loss 103

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. And there really was a sense during the late ’80s, especially after the crash of 1987, that we really don’t want to meddle with this. Let’s just let the market take its course.

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. When you look at the, well-known economists who came of age during the inflationary 1970s, I’m thinking of like Larry Summers former treasury secretary, they see inflation as structural. So at that point, I had a pretty big career.

Economics 56

Economics Marketing Forecasting Numbers 56

Barry Ritholtz

NOVEMBER 15, 2022

So whether you’re trying to get managed futures from an active manager or, you know, two months Treasuries, T bills, like the whole spectrum is now available in lose to 3,000 ETFs we are trading here in the U.S. NADIG: Well, I mean, there’s like TLT, with the big Treasury funds, LQD and HYG. It’s how math works.

Finance 107

Finance Investments Math Marketing 107

Barry Ritholtz

MAY 16, 2023

So this is the math that I applied. So think about this, do the math. LINDZON: But that math, if you really put it in a calculator … RITHOLTZ: Becomes a problem. I never thought I’d be, I never had owned a bond or a treasury. RITHOLTZ: We could acquire them for next to nothing. He didn’t see a TV commercial.

Leverage 111

Leverage Investments Valuation Finance 111

Barry Ritholtz

OCTOBER 3, 2023

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. Hank Paulson had left to go become treasury secretary. I mean, when rates were nothing, there was a lot of appetite for 30 or even 50 year treasuries. I said, treasury can.

Marketing 107

Marketing Treasury Banking Profit and Loss 107

PYMNTS

MAY 31, 2020

New Treasury Department Interim Final Rules for the program, issued shortly before Memorial Day, are also much more technical and complex than initially anticipated. Critics say that means the average SMB owner will need a lawyer, an accountant or an advanced math degree to figure out what portion of a loan to submit for forgiveness.

Math 52

Math Auditing Treasury Accounting Firms 52