Andy Redleaf

6 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 2, 2018 by Andy Redleaf · across every show →

On the record as a speaker too: Andy Redleaf's record, appearances and statements → this page counts the times other people say the name.

Everything said about Andy Redleaf, oldest first

Apr 2, 2018
Disclosure
Redleaf: Post-2008, Whitebox cut fees by $30M while financing costs rose $30M
“In the immediate aftermath of the crisis, you know, white box, we lowered our fees by about thirty million dollars a year. And our financing costs went up by about thirty million dollars a year.”
Andy Redleaf Apr 2, 2018 ▶ 57:07 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
Apr 2, 2018 neutral
Assertion Supported
Redleaf: Structured derivatives bypassed institutional restrictions on direct option writing
“There were lots of sort of institutions that could own a single security that was a covered call, but they couldn't own the stock and write a call. So it was an option product to be marketed to institutional investors, opposed to, you know, sort of the standar…”
Andy Redleaf Apr 2, 2018 ▶ 20:47 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
Apr 2, 2018 neutral
Opinion
Andy Redleaf: Warren Buffett is an above-average investor, but an elite borrower
“And I've always thought that Warren Buffett is not a great investor. He's a, he's an above average good investor. He's good on the asset side. He's the world record holder. He's the absolute best borrower in the world. And had sort of a unique model, and that'…”
Andy Redleaf Apr 2, 2018 ▶ 34:00 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
Apr 2, 2018
Opinion
Redleaf: Decentralized market allocation is dead in favor of state-directed capital
“I think the very central idea that, you know, like sort of markets are better than markets, individuals better than institutions, et cetera. You know, I do, I think that's dead, and I think the world really wants institutional, wants to go back to sort of inst…”
Andy Redleaf Apr 2, 2018 ▶ 54:41 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
Apr 2, 2018
Disclosure
Redleaf: I could always borrow more money than was prudent
“One of the things that's sort of remarkable is for all of my career, I've been able to borrow more money than was prudent.”
Andy Redleaf Apr 2, 2018 ▶ 15:27 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
Apr 2, 2018 neutral
Assertion Not checkable as stated
Andy Redleaf shared a three-person Gruntal prop desk with Steve Cohen
“The prop desk at Gruntel was three people. My boss, Ron Acer, a kid six months older than I am, who you may have heard of, Steve Cohen, and me. Gruntel, at the time, had capital of eight million dollars. We used a little more than two, and really the rest of t…”
Andy Redleaf Apr 2, 2018 ▶ 10:24 Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
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