Waddell investment down to the last 82M? OUT of (521M)

[Jubei]

Oh No Waddell & Reed are down to their last $123.65 Billion, OH NO what will they do?!?



Some of us are working a 9 to 5 to keep the lights on in our home and you have idiots worried about WEALTHY PEOPLE losing A LITTLE money

Reading comprehension and common sense are alien concepts for you it seems.

Waddel & Reeds total earnings in 2015 was only 245 million, down 21% from the previous year.

They do not have 100+ billion. They MANAGED $123 billion in 2014 and in just a span of 12 months got reduced to $106 billion. $19 billion lost in just a year is surely peanuts.

Also Waddel & Reed's president, Michael Avery, will retire in June after 35 years at Overland Park-based company. Why do you think he retired?

Also

Expect Haymon roster to be pared down. Lower-end fighters to be released from Haymon contract. This is an insider confirmed reshuffle step.

— Boxing Leaks (@BoxingLeaks) February 2, 2016

[PKing]

Reading comprehension and common sense are alien concepts for you it seems.

Waddel & Reeds total earnings in 2015 was only 245 million, down 21% from the previous year.

They do not have 100+ billion. They MANAGED $123 billion in 2014 and in just a span of 12 months got reduced to $106 billion. $19 billion lost in just a year is surely peanuts.

Also Waddel & Reed's president, Michael Avery, will retire in June after 35 years at Overland Park-based company. Why do you think he retired?

Also

Expect Haymon roster to be pared down. Lower-end fighters to be released from Haymon contract. This is an insider confirmed reshuffle step.

— Boxing Leaks (@BoxingLeaks) February 2, 2016

For the same reason Hershman and Taffett retired from HBO?

[sicko]

Reading comprehension and common sense are alien concepts for you it seems.

Waddel & Reeds total earnings in 2015 was only 245 million, down 21% from the previous year.

They do not have 100+ billion. They MANAGED $123 billion in 2014 and in just a span of 12 months got reduced to $106 billion. $19 billion lost in just a year is surely peanuts.

Also Waddel & Reed's president, Michael Avery, will retire in June after 35 years at Overland Park-based company. Why do you think he retired?

Also

Expect Haymon roster to be pared down. Lower-end fighters to be released from Haymon contract. This is an insider confirmed reshuffle step.

— Boxing Leaks (@BoxingLeaks) February 2, 2016

Not about Reading comprehension and common sense...



Sorry I just don't have time to worry about Wealthy People Investments

This is the equivalent of the Bank that Financed Your car or home having issues, you have your Loan already nothing is going to change because they're having problems, they're not going to asking you to pay your Loan Back Faster because they're having problems

[PulpFriction]

Here is another article about the Waddell & Reed shares tumble.

http://www.kansascity.com/news/busin...e57890703.html

And another

http://www.wsj.com/articles/waddell-...ger-1454444009

Says nothing specifically about PBC though.

[PKing]

Shah Khan explained to Sky Sports News HQ: "Amir always wanted a big fight and this is the reason he was chasing Floyd Mayweather, then Manny Pacquiao. After those guys, Alvarez is the guy out there. Amir wants the best fights, the big fights. Golden Boy [Promotions] got in touch with us and we were talking with [Amir's adviser] Al Haymon as well, and we all got together and made it happen. The fight was put to us and Amir has never ducked anybody. If it is a big fight, he stands up for it." - See more at: http://www.boxingscene.com/khans-father-hunter-muscle-amir-up-canelo-shot--100975#sthash.aDMkA3QO.dpuf

[aldo5408]

Tim Smith, formerly a journo with the NY Times and NY Daily News, is VP of communications with Haymon Boxing. He told me that his crew will do double the number of shows in 2016 in primetime that they did in 2015. “Does this sound like a failing company,” he asked rhetorically. “And we added two new partners, FOX and CBS.”

[PKing]

Tim Smith, formerly a journo with the NY Times and NY Daily News, is VP of communications with Haymon Boxing. He told me that his crew will do double the number of shows in 2016 in primetime that they did in 2015. “Does this sound like a failing company,” he asked rhetorically. “And we added two new partners, FOX and CBS.”

B-b-b-u-t the guy on Reddit said PBC is done for by April!

[sicko]

This is so true. Today I was pissed that my bi-weekly health insurance premium is going up by $10.

Yeah I know, damn Kaiser Permanente Plan is Kicking My Ass yet I'm suppose give a damn about some Investors that Manages over $100 Billion losing money

Some people try too hard on this forum, at the end of the day it is really not that serious. If you spend your day Google Searching for bad news about PBC and Waddell & Reed then it is really time to step away from this forum and figure out WTF is going on with your life! Just Saying!

[original zero]

Jubei -

If Haymon signed a ton of lower level young fighters, without knowing which ones would blossom into future champions or contenders, once he found out what each guy's ceiling was, why wouldn't he cut bait on the guys that didn't pan out?

Every year the NFL rosters are huge and then get pared down. Lower-end players are released.

Why is this a bad thing?

[Sugar Adam Ali]

But the other sports have more than 1 channel.


The NBA has espn, abc, and tnt.

The NFL has fox, cbs, nbc, and espn.

Those leagues have been around forever, and they have huge followings. PBC is still in its infancy.. They can be on multiple channels eventually but first they have to actually build and grow brand awareness. Just use the ufc blueprint.. They bought time slots on foxsports, showed they had a growing audience, then spikeTV gave them an actual TV deal.. Then UFC signed a huge deal with fox, and spikeTV went out and bought bellator to replace ufc programming..
You don't need to be on a ton of networks to start a bidding war.. All the networks will see the ratings, and if you show you have a solid and growing audience, a bidding war will happen if your highly coveted. SpikeTV every Saturday night would have been ideal, because they already have a bunch of combat sports fans watching Friday's for bellator and kickboxing,, those shows could be used to hype Saturday's boxing show.. Combat sports fans will watch boxing if they know when and where. Boxing gets no mainstream coverage, so casual fans have no idea when/where boxing is.