The Big Picture With Barry Ritholtz Part Two
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 6 July 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
This Independence Day holiday weekend we're joined by the blogfather himself, Barry Ritholtz! Find out how Barry got started in finance and what he finds most fascinating about the wealth management landscape.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Saturday, July 6th, and I know you're probably enjoying a great weekend. |
| 0:10.0 | Today we are airing the second part of our interview with Barry Ritholz. |
| 0:13.6 | He is really a legend in the industry. |
| 0:15.8 | He's written blogs. |
| 0:16.8 | He's been on the air in various financial outlets. |
| 0:19.6 | He has been someone who I have really admired for so long. |
| 0:23.4 | Today we're going to focus on what was Barry doing in the lead up to the financial crisis. |
| 0:29.4 | As always, if you've got a question, a comment about something Barry talks about in this interview or anytime, |
| 0:35.7 | just go to our website Jill on money.com and click the contact us button will get you on the air. |
| 0:40.8 | So today, part two of our interview with Barry Ritholz. |
| 0:44.0 | Get me from 2002 to 2008. What's happening in those years of expansion, recovery from the |
| 0:50.6 | dot-com blooming bus? What's happening in the life of dairy so |
| 0:54.0 | market makes a low October 2 and and March of 3 and I'm writing about this |
| 0:58.7 | saying hey you know anytime you see I'm a buyer any time a stock market like the US |
| 1:04.6 | stock market is cut in half NASDAQ down 82% pizza trough you you want to |
| 1:09.2 | own this and so I'm I'm trying to explain why I'm doing research and using here's where law school is really helpful. |
| 1:20.0 | Lawyers are generalists. You have to be able to argue every case you don't know which |
| 1:23.9 | part of even if you're in you know white collar crime |
| 1:27.2 | mhm a million subjects in white collar crime |
| 1:29.9 | yeah so you have to learn the area learn history, be able to talk about it intelligently, and with finance |
| 1:35.8 | you have to be able to talk about the math of it a little bit. |
| 1:40.1 | And my secret sauce was I brought in a little of the behavioral finance to it. |
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