YouSaid · the spoken record

Matthew Granade

lines on the record: 58
first: 2019-03-15
most recent: 2019-03-15
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“That title was the title I had when I got there, and I was really focused at that point on proprietary research. And so what we mean by that is how do we take data sets or surveys or web scraping or sort of all the different things you can do and make that useful to our portfolio managers and analysts. Since then, my job has evolved to include a couple other things. So I also oversee our central book at this point, which is our sort of a systematic best ideas book we have, and I also oversee venture capital. And we just haven't really changed the title.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I mean, I think that's fairly transparent, and that's just how you're expected to operate. You're going to say something about Ray, you say it to him. And I have many stories of saying things to Ray that I think people would find surprising. No, not horrifying. They were me being honest and him and I trying to sort of work out differences. But the only rule was just don't say it behind his back.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“To sort of apply certain ideas, you know, like you want to, you always want to make sure you're getting the best opinions, right? And so they're very explicit about, you know, who should you listen to about things. But I see Steve asked that question all the time. Why am I listening to you? I should be listening to this person instead. And so I think Bourgewater is great at sort of scaling it, but I think that the ideas are not quite as radical as the media would want you to believe. And then the transparency is just great. I mean, I love the idea. Yeah, I mean, I always say it's a very clean place to live. And the reason it's a very clean place to live at Bridgewater is you just don't say things behind people's back. You just say things to their face. And you're just sort of straightforward.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Just meaning how different it is from, you know, look, I mean, like, you know, I would say everywhere I've ever worked, McKinsey.72, Domino, Bridgewater, they've all been ambitious people who were trying to get to the right answer, who wanted to do great things. And, you know, like at core, like, that's a lot of what Bridgewater is about. And Ray and the team there are very thoughtful about ways to.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“No, it's not all bad at all. In fact, I think one, as investors go, they're as good as it gets and, you know, just phenomenal at it. And look, I think the differences of the culture there get overstated, meaning the radical.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“They're probably more similar than you think. Because, I mean, a lot of it comes down to information, collecting information, using information. And so, you know, I've always been someone who likes to know what's going on and know what's going on in the world. I like to sort of be ahead of other people in knowing things. And so that's the similarity. But the career arc was I went from college to McKinsey. I was a business analyst there and then went to business school, like you mentioned, and then ended up at Bridgewater. Which”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Outgoing member of the paper gets to vote, and if more than three disagree, you're blackballed. And so you basically hold in sort of in veto mode for as long as that goes. And so the deliberations generally run about 16, 18 hours straight. White smoke wisps up. Exactly. And then there's a big party and whatever, sort of once the sort of unlocking happens. But I had, I think, six or seven opponents for the job. And, you know, you have to little politics. Yeah, a little politics, a little message, a little of this. And that's how it works. But it was an amazing opportunity.”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, a couple things. In terms of that experience, running a newspaper is one of the most amazing things in the world. And I got to run a small one at Harvard, but I think it's just an incredible job because you're in the middle of so much information. You're helping shape the debate. You're investigating things. So many interesting people. Harvard's an awesome place to do that at. And so there are a few jobs that I've loved as much as I loved that one. It was incredible. How you get that job, there's sort of a couple of things. One, there's a bit of a path. So generally as a news person, a reporter. So I was a reporter for my first couple of years. And then I was the head of the what's called the central administration beat that covers the president of the university. That's also kind of a traditional stepping stone. Then there's a process called the turkey shoot. The turkey shoot runs for about a month leading up to Thanksgiving where they pick the next president. There's all sorts of sort of arcane rules, but probably the most interesting is that every”
2019-03-15 · Masters in Business · Matthew Granade Discusses Quantitative Investment (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source