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But we saved everything 🙂.
Arpit Gupta highlights findings from a 2014 Bain report for Syracuse University, which revealed that costs were rising faster than revenues. The report also indicated that 211 managers, accounting for 30% of the total, had only one direct report.
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Gupta previously analyzed how strong U.S. economic conditions led to improved labor participation but also drove up prices for consumers in his article “Hot U.S. economy brings higher prices alongside labor gains”. He has also reported on a 21 percent return for a pure SPY portfolio in the year ending June 30, raising questions about New York City pensions’ private equity allocations in “SPY portfolio returned 21 percent in year ending June 30”. These earlier reports reflect ongoing attention to costs, returns, and institutional financial management.