Steve Galbraith
22 statements across 2 episodes · 6 bullish · 5 bearish · 1 people on the record · first statement Apr 13, 2017 by Steve Galbraith · said 7 times in 5 episodes since 2017 · across every show →
On the record as a speaker too: Steve Galbraith's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Ted Seides (5), Tom DeLong (1), Greg Fleming (1)
tap a year for its mentions
2023 2 mentions in 2 episodes 1 per episode
2021 3 mentions in 1 episode
2020 1 mention in 1 episode
2017 1 mention in 1 episode
Everything said about Steve Galbraith, oldest first
Apr 13, 2017
Galbraith's Sanford Bernstein research launch featured more sell ratings than buys
“So my initial launch report, I had more sells than buys, which was unheard of on Wall Street. And the reason we could do it is we didn't have any corporate finance arm. So they had an investment arm. They had no traditional underwriting arm.”
Apr 13, 2017 bearish
Apr 13, 2017 bearish
Apr 13, 2017
Apr 13, 2017
Apr 13, 2017 neutral
Apr 13, 2017
Narragansett Beer's revenue grew from $87,000 to $15 million under new ownership
“We, when we bought the business, when it was originally bought, It went from, as I said, current dollars of a billion had 87,000 dollars in revenue. I mean, it's just amazing. And today we're up to about fifteen million.”
Apr 13, 2017 neutral
Maverick Capital's top analysts were right 55% to 60% of the time
“Our best analysts were right probably 55 or 60% of the time. Like, our real rockstar guys. And I think the lay investor doesn't really understand that. Like, there's this perception that, oh, my guy, or, you know, Whoever is right, 80 or 90% of the time, it's …”
Apr 13, 2017 positive
Galbraith: Working overseas early in finance makes you a better investor
“I do think any young person thinking about a career in finance, if you get a shot to work overseas, do Just A, you get a lot more responsibility, and B, just learning how things are done elsewhere, it can't help but make you a better investor.”
Apr 13, 2017 positive
Galbraith acquired Derby County for stadium value after previous owner panicked
“We're like, we're basically buying this team because the seller panicked. He saw the future cash flows of this team imploding, and he said, I'm out of here, and we basically bought the team for what we thought, ah, was the value of the stadium. So we're like, …”
Apr 13, 2017 neutral
Tufts University endowment will track the performance of fired fund managers
“I'm on the board of Tufts, and I'm chair of the investment committee now, and one of the things I've spent time with Sally on, and we're going to start doing, is actually tracking the performance of people we've redeemed from, to see, in fact, if we're making …”
Apr 16, 2018 neutral
Apr 16, 2018 positive
Apr 16, 2018 neutral
Apr 16, 2018 positive
Galbraith: Appointing trusted friends to corporate boards improves governance
“And so, you know, some people would argue that's nepotistic, or it's not the way you're going to lead to good governance. I couldn't disagree more. I mean, because we know each other, Joel Greenblatt's on the board as well, Charlie Johnston, who had run distri…”
Apr 16, 2018 negative
Galbraith: Boards should never seat directors who rely on board fees
“One of the things Rich was very cognizant of in constructing his board is he didn't want anyone on the board Who needed to be on the board. In other words. To collect a check. You got it. Yeah. And I, I'm a firm believer in that.”
Apr 16, 2018 bullish
Apr 16, 2018 neutral
Galbraith: Tufts is lowering its endowment spend rate to 3.5–4.5%
“We actually took our spend rate down, which is very unusual in higher education today, and we're doing it in a gradated fashion over several years, but we're taking it down to three and a half to four and a half percent from four to five.”
Apr 16, 2018 negative
Galbraith: Large investment committees fail because members lack ownership
“What you'll find on a committee structure is large is bad, and mainly because what happens is people can feel like someone else will take care of it. There's not a sense of ownership. If there are only four, five, six of you on the committee, there's nowhere t…”
Apr 16, 2018 neutral
Galbraith: Endowment CIO turnover stems from disconnected university leadership
“What you tend to find, and I did a lot of this as part of my due diligence, is when you have a lack of connectivity there, you typically have turnover. Because there's not a true understanding of what's going on at the endowment level, and oftentimes it's not …”
Apr 16, 2018 negative