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Masters in Business

Marta Norton on Direct Indexing and Investments

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 21 October 2022

⏱️ 58 minutes

🧾️ Download transcript

Summary

Bloomberg Radio host Barry Ritholtz speaks with Marta Norton, CFA, who is an investment manager with Morningstar Investment Management. Norton’s responsibilities include equity, alternative and fixed income research, asset allocation and portfolio management. Before joining Morningstar in 2005, Norton was an economist with the Bureau of Labor Statistics and a research analyst at LECG LLC.Atika Valbrun

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Transcript

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0:00.0

Today, opioids are the go-to treatment for people with severe pain, and alternatives are needed.

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Hear how scientists are investigating a different kind of approach to meet pain where it starts.

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On the latest episode of Targeting the Tephist Diseases, a new podcast by Bloomberg Media Studios and Vertex Pharmaceuticals.

0:30.5

What does it take to transform a company's mission into a movement?

0:33.8

I say it comes down to two things, math and magic.

0:37.4

I'm Bob Pittman, Chairman and CEO of I Heart Media.

0:40.5

On my podcast, Math and Magic, I sit down with the visionaries on the frontiers of marketing

0:46.0

to hear how they views data and creativity to bring big ideas to life.

0:51.4

We'll hear from business leaders like Susie Geary, CM-04 MotorCone.

0:56.0

We are at that moment when it all changes, and I think that a big part of the why we're at that

1:00.8

moment is because of the F-150 Lightning. It changed everything.

1:05.0

Listen to Math and Magic on our very own free I Heart Radio app, Apple Podcast, or wherever you get your podcast.

1:14.4

This is Master's in Business with Barry Redholz on Bloomberg Radio.

1:20.8

This week on the podcast, I have an extra special guest. Marta Norton is the Chief Investment Officer

1:27.6

for Morningstar Investment Management. They advise or directly manage about $250 billion

1:33.6

in client assets. She has a fascinating career starting a BLS working away up as an analyst and

1:40.9

eventually head of Outcome Based Strategies for Morningstar, eventually rising from that position

1:47.6

and portfolio manager to Chief Investment Officer. We talk about everything from when do you think

1:54.9

about risk, how do you diversify your portfolio? At what point do you really have to rethink the

2:01.6

fundamentals of what's going on in the economy and the marketplace? I found this conversation to be

2:07.5

absolutely fascinating. I think you will also, with no further ado, my conversation with Morningstars,

2:15.2

Marta Norton. BLS economist, how did that happen? Tell us about that opening gig.

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