Over the past few weeks, I have been dropping hints about a new project I am working on with the folks at Bloomberg. Now that we have an official launch date, I can reveal the details to you.

I have over the years, lamented about the state of media (see e.g., this, this and this).  Rather than merely whine continuously about the state of the financial press, I wanted to do something about it.

Last summer, I floated the following idea: Why not turn the usual Wall Street interviews upside down? Speak to the key people who are the source of the ideas that shape markets, drive portfolio management, influence the economy, and make the modern world of business and finance what it is today. My elevator pitch to the powers that be at Bloomberg was “Mark Maron’s WTF meets Charlie Rose, for finance.

Instead of focusing on the next 15 minutes, discover instead how they became who they were. Get to their philosophy, worldview, favorite books, mentors, etc.

Oh, and no stock picks and no predictions.

Instead, I want to focus on how the modern masters in business and finance got that way: Who and what were their influences? Who were their mentors? How did they get started, what odd or funny things shaped their careers? What helped to form their philosophies? How has the business of finance changed over their careers?

A deep dive into the most fascinating characters in finance.

Here is an interesting thing about Bloomberg LP: For a large and very successful organization, they are surprisingly entrepreneurial. Make a decent proposal, and they are happy to give you enough rope to hang yourself with.

Which so far, we have.

The show — which has the title Masters in Business –  is half radio, half podcast. It is a weekly one-on-one interview, broadcast (repeatedly) each weekend. The first half of it is an hour of radio (about 32 minutes of record time in 4 segments). But the second half has no time restrictions at all. I didn’t want anyone to feel rushed or pressured to give a pithy answer, or time pressured. After the live-to-tape for broadcast radio is done, we just keep going. Let the recording just run, and see what happens.

This led to some amazing and surprising results. Doubleline’s Jeff Gundlach tells wonderful stories in great details about his early days as a bond manager that are fabulous. Jim Chanos, Kynikos fund manager and wonderful raconteur, regaled us for hours with all great stuff. Former SEC Chair Arthur Levitt, Jr. is sharper at 83 then most of us ever were on our best day — and may just well be the finest Human Being I have ever met in my life. Rob Arnott is full of smart insights,James O’Shaugnessy’s career path is amazing, as is Jeff Saut’s and Michael Mauboussin’s. Sheila Bair is an utter delight.

That’s the sort of folks who have already done the show. My goal is to speak to the 100+ most influential and important minds in finance over the next two years.

The result will be an hour broadcast on Bloomberg Radio — 1130 AM in NYC and on Sirius XM nationally. It will be downloadable on Apple iTunes and on the Bloomberg Radio App. You can also stream it from Bloomberg.com, SoundCloud, the Bloomberg terminal, as well as here on this blog.

The interviews I did last year with Ned Davis and Felix Zulauf were the inspiration for the show. Only these are live and in person, which creates a very different interaction.

Our first 10 shows are now recorded and scheduled, and should broadcast as follows:

Masters in Business
1.  Jeff Gundlach, Doubleline (July 12)
2.  Rob Arnott, Research Affiliates (July 19)
3. Arthur Levitt, SEC Chairman (July 26)
4. Michael Mauboussin, Credit Suisse, Columbia U (August 2)
5. Jack Brennan, Vanguard Chairman & CEO  (August 9)
6. Jim Chanos, Kynikos (August 16)
7. Sheila Bair, FDIC Chairman (August 23)
8. James O’Shaugnessy, OSAM  (August 30)
9. David Rosenberg, Merrill Lynch, GS, (September 6)
10. Larry Swedroe, Buckingham Asset Management  (September 13)

As you can see, its a killer line up. We have recorded 20 interviews so far, with the first one set to broadcast this weekend.

Getting the nuances and timing of radio has been a learning process for me. It was much harder than I imagined, and I sucked much worse than I would have guessed at first. But eventually, you kind of figure out the timing, and it starts to come together.

I improve a little each week as the show progresses. But my own suckitude matters little, as the guests were so awesome. It is simply killer stuff. I promise you the shows we recorded are great stuff.

My bold forecast: This will become MUST LISTEN radio for anyone in the industry, as well as any serious investor.

Check out the show. You will not be disappointed.

Category: Financial Press, Investing, Media

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

18 Responses to “Coming July 12: Masters in Business on Bloomberg Radio”

  1. Richard says:

    Barry,
    Nice line up, if you’re going to use that rope, might as well make grandiose predictions regarding its (and by extension, your own) brilliance! I am looking forward to it…particularly adding this to my options for podcasts!
    My thoughts go to the benefits of podcast/broadcast medium. Tight and timed, rewindable when necessary…etc.
    You refer to “hours” and I think of the lack of focus that results from so much open ended conversation…How do I figure out how to digest so much, especially in the time available (in my life)?
    Its not a criticism, just more of a question about how to approach and take advantage of the accumulated wisdom being shared….
    As a former Deadhead; it makes me think of the meandering unfocused pseudojazz jam crap they often spewed into the ether! Sorry….I couldn’t help myself…I guess its a matter of perspective!

  2. cbatchelor says:

    I like this idea overall and I look forward to it, but I respectfully question the name “Masters in Business,” unless these ten guys are going to talk about how they discovered the men and women who created firms worth investing in. Unlike many, I appreciate (while not fully understanding) the people with talent in finance, but I remain unconvinced they drive our economy and economic culture to the extent that those who build and market services and products. Yes, I am talking about Apple, but also Precision Castparts or my three friends who struggled and finally created a very successful manufacturing firm that makes wires. In my view, those are the Masters in Business. (But, could you really learn how they did what they did from a long interview? Nah, probably not.)

  3. Tacomaman says:

    Congrats BR. Will be looking forward to listening to a podcast or two.

    When you mentioned “funny stories that shaped one’s career”, I immediately though of your experience with not having a change of dress clothes. I think you were a last minute invite for a well known tv interviewer. You scrambled to piece together shoes, etc. LOL.

    ~~~

    Admin: A funny thing happened to me on the way to the studio tonight . . .

  4. Joe_T. says:

    And the four air times (ET) for this Sat. are
    4am
    10am
    6pm
    11pm

    http://www.bloomberg.com/radio/schedule/

    ~~~

    Admin: Dont forget 3:00 am Sunday morn

  5. Robert_79 says:

    Great concept !! May I suggest transcripts? Some other sites with broadcasts / podcasts provide them. With VR software, the task of converting should be minimal (I think).

  6. abhimisra1 says:

    Hi Barry, Would you as well as Josh Brown also be featuring- it will be very interesting to know more about the two of you as well and your journey to what makes you who you are…
    Looking forward to it.
    And I do share the same reservations about the open ended nature of the 2nd half…but we will see how it goes.

  7. [...] Barry Ritholtz is hosting a series of extended interviews with some of finance’s most powerful players.  (Big Picture) [...]

  8. [...] Coming July 12: Masters in Business on Bloomberg Radio (The Big Picture) [...]

  9. Michael says:

    Sounds like you’ve put together a “graduate seminar” of good stuff!

  10. SkepticalOx says:

    Silly question maybe, but I’ve looked over the site to no avail, but how can I subscribe to the podcast so I can have it to listen on demand?

    ~~~

    ADMIN: The first one goes up on Saturday

  11. SkepticalOx says:

    Thank you! This is EXCITING! Cannot wait!

  12. wjm23 says:

    The last part of the show was interesting. Unfortunately it seems impossible to listen to a recording online unless I want to give my credit card numbers to Apple or Microsoft or someone.

    It seems so simple for Bloomberg to simply have a audio file available for download on your site. Instead I’ve got to create iTunes accounts or some such…? Not going to happen.

    ~~~

    ADMIN: Try these:

    https://soundcloud.com/bloombergview/barry-ritholtz-interviews

    http://www.bloomberg.com/podcasts/bloombergview/

  13. VennData says:

    Got the App. Very nice show with Gundlach.

    The focus is thought process. A pleasure to listen to.

  14. wjm23 says:

    Thank you. When I tried the Bloomberg podcast for the interview yesterday it just produced an error panel that the page did not exist. Apparently it just wasn’t posted yet.

    As I had missed the first half of the interview, but liked the second, I was disappointed not to find it. Now it’s there. I find it a very interesting conversation.

    Thanks.

  15. [...] Congrats to my friend and partner Barry Ritholtz on the launch of his new show on Bloomberg Radio, Masters In Business! [...]

  16. [...] This past weekend was the inaugural show of Masters in Business. Its a new Bloomberg radio show (read how it came about here). [...]

  17. [...] This past weekend was the inaugural show of Masters in Business. Its a new Bloomberg radio show (read how it came about here). [...]

  18. [...] Congrats to my friend and partner Barry Ritholtz on the launch of his new show on Bloomberg Radio, Masters In Business! [...]