Musings on Markets

DECEMBER 10, 2023

While that effect tends to fade as businesses get larger, the tumult at Open AI, where the board dismissed Sam Altman as CEO, and then faced with an enterprise-wide meltdown, as capital providers and employees threatened to quit, illustrates that even at larger entities, a person or a few people can make a value difference.

Valuation 113

Valuation Profit and Loss Entertainment Investments 113

Barry Ritholtz

MAY 30, 2023

And he starts talking about money and free enterprise and capitalism and ownership and balance sheets and all this stuff and I’m sitting there mesmerized. And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. RITHOLTZ: Right. RITHOLTZ: Right.

Economics 56

Economics Education Profit and Loss Banking 56

Barry Ritholtz

MAY 21, 2024

The transcript from this week’s, MiB: Savita Subramanian, US Equity & Quantitative Strategy, Bank of America , is below. Her current title is Head of Equity and Quantitative Strategies. Now equity, it’s just been a dream come true. Which was exactly the right time you wanted to buy equities. Into US equities.

Finance 56

Finance Marketing Numbers Math 56

Barry Ritholtz

OCTOBER 10, 2023

Can I just tag along? A Wall Street firm published a note that I had been given shares in I E X to write flash boys. Tax cuts and fiscal stimulus, what’s not gonna be good for 00:25:03 [Speaker Changed] Equities. What could go wrong? And he did the deal. But I, I turned to Sam Bankman free at the end of it.

Math 60

Math Profit and Loss Numbers Marketing 60

Barry Ritholtz

DECEMBER 20, 2022

It’s just a fascinating conversation about looking at the world from both bottoms up and top-down, as well as thinking about what valuations are like, how likely are macro events, the impact you’re getting not just the return on capital, but as famously said in fixed income, a return of your capital. I’m like 25 years old.

Restructuring 60

Restructuring Investments Marketing Banking 60

Barry Ritholtz

APRIL 25, 2023

So, Brian is not a stranger to me, and we have some shared financial interests, but the reason I wanted to bring him in here is there are few people in the industry who have a better perch by which to look at the world of registered investment advisors, broker-dealers, all of the changes that are taking place in the space. Has that closed?

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60

Barry Ritholtz

DECEMBER 26, 2023

The transcript from this week’s, MiB: Stephen Suttmeier, BAML Chief Equity Technical Strategist , is below. He is Chief Equity technical strategist at B of A Securities, and he’s a double threat. But the problem was we were charging 4 cents a share. Steve SME has been in the technical analysis game for a long time.

Marketing 60

Marketing Leadership Finance Investments 60

Barry Ritholtz

MAY 2, 2023

So I mean, to be able to pay my, I think my share of the rent each month was around $900. And then within LVMH, I moved to Tag Heuer, which is a pure watch business — RITHOLTZ: Right. It was really kind of in the Tag Heuer timeline for me, career-wise, that I became aware of Ben and of Hodinkee. CLYMER: Exactly right.

Retail 64

Retail Advertising Numbers Economics 64

Barry Ritholtz

OCTOBER 3, 2023

I was doing an internship at a local brokerage office in Cleveland, Ohio, and I did the typical internship, you know, a week in the back office, a week in equities, a weak in fixed income and weak in commodities, a weak in bonds, and then four weeks, wherever you’d like to go. 00:23:21 [Speaker Changed] So it went something like this.

Marketing 107

Marketing Treasury Banking Profit and Loss 107

Barry Ritholtz

NOVEMBER 15, 2022

And we literally talk about during the show, I got a tag to present to the SEC, about their new single stock product. But he also has an incredible depth of knowledge about market structures, about what people get wrong about thinking about systems, about what we get wrong about humans, and capitalism and finance. Hold that aside.

Finance 107

Finance Investments Math Marketing 107

CFO News Room

JANUARY 24, 2023

–James Madison, Federalist 51 “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick “So many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.” The price tag was just shy of $9,000 — a reduced rate.

Manufacturing 130

Manufacturing Construction Economics Banking 130