Equities
What Company is Represented by Ticket XOM on the NYSE?
ExxonMobil
Why Would You Own a Bond Instead of a Stock?
Less Volatile, Steady Income Stream, etc.
Why Would You Own Private Equity Instead of Stocks or Bonds?
Higher Returns, Uncorrelated Returns, etc.
What Does CIO Stand For?
Chief Investment Office
Where was Dave an Analyst?
Los Angeles
What are Market Hours on the West Coast?
6:30AM - 1:00PM
If the Price Goes Up on a Bond, Which Way Does the Yield Move?
What is the Difference Between a Hedge Fund and Private Equity?
Multiple Answers - Dave, Scott, and Alex Determine
What Did JPM Close at Today? (Within $1)
$98.98
What is the OC Office's Address?
3 Park Plaza, Suite 730, Irvine, CA 92614
What is the Difference Between a Dividend and a Dividend Yield?
Actual $ Paid vs. Dividend / Price
Where Does a Bond Sit in the Capital Structure?
Top (Senior Secured), Above Preferred Stock / Common Stock
What is the Typical Fee Structure for a Hedge Fund? What Does it Mean?
2 and 20. 2% Management Fee and 20% Performance Fee
What is Parametric?
Multiple Answers - Dave, Scott, and Alex Determine
Why Does Scott Holmes Have His Camera Off?
Has the Rona and a Broken Back
What is a Limit Order?
Buy or Sell a Stock at a Specific Price or Better
How Does a Municipal Bond Differ From a Corporate Bond?
Backed by Municipality / Revenue, Triple Tax Free, etc.
What is a Capital Call?
Legal Right of a Fund to Demand a Portion of the Money Committed to it by an Investor
What are the Strategic Asset Allocation Percentages for our CIO Balanced Without Alts Portfolio?
52% Equity, 48% Fixed Income
Is Balboa an Island or a Peninsula?
Trick Question: BOTH!
What is the Historical Average PE on the S&P 500 (Within 2x)?
~16x
If a Bond Pays a 5% Coupon and Yields 2%, is it a Premium or Discount Bond?
Premium
What is an Illiquidity Premium?
Additional Compensation Demanded by Investors for the Added Risk of Investing Their Assets Over an Extended Period of Time Without Access to the Funds
What is Vintage?
JPM's FOF PE Offering Each Year
What are Ethan's Favorite Words?
Multiple Answers: What Else, Couple Few, Cross Pollination, etc.