Jeffrey Solomon, CEO of Cowen, explains his personal stance following the 2018 Tree of Life Synagogue shooting in his hometown of Squirrel Hill, Pittsburgh.
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“I've told people I'm not gonna get into the debate. It's not for us at this point, at least not for me. You know, I have my own views, but it's not time to share them. It's really a time for the next period to get through grieving and help other people who get through their grief”
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More from Jeffrey Solomon
AssertionContradicted
Solomon: Passive investors drastically underperform active managers on a dollar-weighted basis
“And so when you look at, if you just do a an adjustment for the performance and passive product, just take the S and P and look at when people entered and exited as a proxy, or look at volumes as a proxy for when people entered and exited, they actually haven'…”
Solomon: Underlying market liquidity across all asset classes has never been worse
“So we've been in the most low volatility environment in my time ever investing, and liquidity in the underlying markets has also never been worse across all asset classes.”
Solomon: Index volatility will spike massively when passive investors de-risk
“We will see index vol a spike at some point in my life. I'm a hundred percent sure. And when it does, we don't quite yet know how that, how far that will go, because we just don't know how deep people are going to de-risk. And when they do, they're going to se…”
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