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Conversations with Tyler / episode intelligence

Marc Rowan on Financial Market Evolution and University Governance

6 Mar 2024 20 published claims 2 attributable people

Speakers in the public record

Claim mix

belief 6evaluation 5observation 2commitment 2recommendation 2uncertainty 1prediction 1preference 1

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20 published records

08 / belief

Here’s a quotation from you, I think, if you could explain it to us. “Our business, like the real estate business and some other business, is hours of boredom followed by moments of terror.

“Here’s a quotation from you, I think, if you could explain it to us. “Our business, like the real estate business and some other business, is hours of boredom followed by moments of terror.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

12 / recommendation

My own view — and this is what I’ve written at UPenn — is, trustees should first answer fundamental questions about policy and where they want the university to go in partnership with their academic peers, because the academy also has a series of rights and responsibilities.

“My own view — and this is what I’ve written at UPenn — is, trustees should first answer fundamental questions about policy and where they want the university to go in partnership with their academic peers, because the academy also has a series of rights and responsibilities.”
Speaker
Marc Rowan
Publisher
Conversations with Tyler

13 / recommendation

On the other hand, in the banking system — banking system is very low-cost, and if the bank is willing to supply something, we should let the bank do it and not compete with them. So, our business plan in India is to be between equity and between bank because there’s virtually nothing that exists of size and scale.

“On the other hand, in the banking system — banking system is very low-cost, and if the bank is willing to supply something, we should let the bank do it and not compete with them. So, our business plan in India is to be between equity and between bank because there’s virtually nothing that exists of size and scale.”
Speaker
Marc Rowan
Publisher
Conversations with Tyler

14 / prediction

We will end up with a new set of products and a new set of markets that reflect differing market conditions and different regulatory conditions and different conditions of financial institutions.

“We will end up with a new set of products and a new set of markets that reflect differing market conditions and different regulatory conditions and different conditions of financial institutions.”
Speaker
Marc Rowan
Publisher
Conversations with Tyler

18 / evaluation

What matters is that we are able to earn a spread on our assets versus our liabilities, versus our cost of operations, such that we are profitable and, therefore, can attract new capital, retain the capital we have, and provide investors with a reason to invest with us for the long term.

“What matters is that we are able to earn a spread on our assets versus our liabilities, versus our cost of operations, such that we are profitable and, therefore, can attract new capital, retain the capital we have, and provide investors with a reason to invest with us for the long term.”
Speaker
Marc Rowan
Publisher
Conversations with Tyler

20 / evaluation

To the extent 80 percent of credit is now provided by investors — forget about private credit for the moment — but by investors, there is a less direct but still incredibly important because the alternatives, as rates go up, credit becomes more attractive to investors versus equities.

“To the extent 80 percent of credit is now provided by investors — forget about private credit for the moment — but by investors, there is a less direct but still incredibly important because the alternatives, as rates go up, credit becomes more attractive to investors versus equities.”
Speaker
Marc Rowan
Publisher
Conversations with Tyler
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