S&P, every mention
27 scenes (2024), the whole family · ← back to S&P
tap a year for its mentions
every year 2024 anyone Ted Seides 67Patrick O'Shaughnessy 44Eric Peters 16Jeremy Grantham 10Michael Mauboussin 9Jim Dunn 8Ed Grefenstette 8Dan Ariely 8Josh Brown 7Ari Paul 7
Verbatim, from the transcripts: the passages where S&P comes up
Eric Peters - Paradigm Shifts and Solutions at One River (EP.422)
- ▶ 10:27 Eric Peters So anytime there's a wobble in the market, what we do should make somewhere between okay money and really good money at a time when the S&P is drawing down.
- ▶ 11:15 Eric Peters So ideally, the way we looked at it and the challenge that I had was, can we compound it higher than the S&P with lower drawdowns and a better sharp? 4 times in the scene
- ▶ 12:57 Ted Seides How do you think about the S&P versus some other form of equity beta as the driver of that growth engine? 2 times in the scene
- ▶ 21:51 Eric Peters So now what happens in a strong S&P year? 5 times in the scene
- ▶ 26:02 Eric Peters Because if equity markets are performing well, then you could say, well, we're underperforming the S&P. 5 times in the scene
Jon Glidden - Delta Airlines Pension Fund Turnaround (EP.417)
- ▶ 4:35 Ted Seides John joined Delta in 2011 when the plan had seven and a half billion dollars in assets, a thirteen billion dollar underfunded liability, and the highest actuarial expected rate of return at nine percent of any company in the S&P 500.
- ▶ 10:54 Jon Glidden But what PIMCO did, they pair an S and P 500 derivative on top of a bond portfolio.
Scott Bessent - Macro Maven (EP.415)
- ▶ 19:04 Scott Bessent Maybe in 1990, the S&P was down, high teens, 20, and we were up 50.
- ▶ 23:12 Scott Bessent And then the risk manager would do a correlation and it had a 98% R squared with the S&P.
Ricky Sandler - Evolution of Long-Short Equity Investing (EP.414)
- ▶ 32:18 Ricky Sandler If you remember the year, I think the S&P was up 30% with no pullbacks.
Brad Briner - Family Office to Public Service (EP.413)
- ▶ 47:58 Brad Briner Obviously the S and P is close to an all time high.
Kristof Gleich – Boutique Managers and Active ETFs at Harbor Capital (EP.411)
- ▶ 30:35 Kristof Gleich This is a great example where if you look at the human capital factor, it's clearly doing something very different from the S&P 500 or the Russell 1000.
David Salem - Investment Wisdom from the Owner's Box (EP.409)
- ▶ 1:02:18 David Salem The only way we got the board to buy into the program was to set up a matrix that said price of the S&P. 3 times in the scene
David Eichhorn - Serving Clients and Reducing Risk at NISA (EP.403)
- ▶ 46:41 David Eichhorn Why is it a terrible when the S&P is at near all time highs?
Jeff Assaf - Protecting Clients and Assets at ICG (EP.398)
- ▶ 28:44 Jeff Assaf It's not going to be as easy for the S&P 500 passive Vanguard fund.
Dan Tennebaum - The Case for India at India Capital (EP.387)
- ▶ 1:05:04 Ted Seides You look at the US and the S&P 500 dominated by the mag seven, which has certain implications of what that means for the valuation of the S&P 500. 2 times in the scene
David Morehead – Top Down Allocation at Baylor (EP.381)
- ▶ 18:38 David Morehead And we looked around at each other and we're like, like seems like with S&P at 3600 that we're seeing a lot of 20% return opportunities around.
- ▶ 37:40 David Morehead ENF portfolios are way more diverse than the S&P.
Shiloh Bates – CLO Investing at Flat Rock Global (EP.379)
- ▶ 11:46 Shiloh Bates So unlike owning stock in the S&P 500, where you're counting on capital appreciation, maybe as being the biggest part of the return you get in CLO equity, it's actually the quarterly distributions that come to you right away.
- ▶ 20:33 Shiloh Bates It is a niche asset class, although it's grown to be a trillion, and it's just a little bit more complicated than owning a high yield bond directly or a S&P, 500 stock or a mutual fund.
- ▶ 22:22 unnamed speaker I think the attraction of CLO equity is that the returns that we're expecting to earn should pretty much rival what we think you get from the S and P 500.
Mike Freno – Confident Humility at Barings (EP.374)
- ▶ 27:42 Mike Freno And if you look at the evolution of the industry, it used to be alpha could really be generated beating the S&P by picking stocks.
Brad Jacobs – Masterclass on Leadership and Management (EP.368)
- ▶ 16:47 Brad Jacobs United Waste Systems outperformed the S&P 500 by 5.6 X.
- ▶ 1:05:01 Brad Jacobs Why did we outperform 5.6 X, the S&P 500?
George Michelakis – Chess Master's Approach to Long-Short Equity at Gladstone (EP.362)
- ▶ 27:35 George Mikulakis The fact that next year, out of the S&P, 550 companies will be up X percent, and 200 companies will be down Y percent, and that estimation is perpetually changing, and it's not just the company said X, and therefore the stock went up or…
Brian Christiansen – High-Conviction Growth Investing at Sands Capital (EP.361)
- ▶ 12:47 Brian Christensen And I've seen enough of the data looking back at, call it the S&P, 500 over the last 6070 years, as well as the anecdotal data of looking at our own
Morgan Housel – Same as Ever (EP.359)
- ▶ 16:09 Morgan Housel I think you can even say, look, Berkshire's performance over the last 25 years relative to the S&P has been okay.