The Big Picture

FEBRUARY 12, 2024

And eventually I got a job offer at Donaldson Lefkin Jenette, which is no longer here, but it was an investment bank of, of some note at the time. The partners were raising their hands and saying, you’ve raised too much money, how are you going to keep these returns up? Passive investors have no opinion about value.

Capital 118

Capital Hedge Funds Funds Mutual Funds 118

The Motley Fool

FEBRUARY 1, 2025

Strategists expect the index to return 3% annually over the next decade, which is much worse than 13% annually over the past decade. Where to invest $1,000 right now? Goldman Sachs thinks an equal-weight fund could outperform the S&P 500 by as much as 8 percentage points annually, implying a total return of 184% in the next decade.

Funds 242

Funds Passive Investors Investment Banks Investment Banking 242

The Big Picture

MARCH 14, 2023

As you pointed out early in my career, I bounced around a bunch of investment banks, and what I learned through time was it was important when I interviewed the investment bank, it was for them to interview me. And so, the investment banking activity started to explode. It was really crazy. BERNSTEIN: Right.

Banks 65

Banks Portfolios Investment Banking Investment Banks 65