The former chief executive officer of Morgan Stanley was appointed to head Disney's succession planning in August.
The Muddy Waters Capital founder said inflows from retirement funds will stay a key driver for further gains.
The firm's wealth unit generated revenue of $7.27 billion, higher than analysts' expectations.
Markets whipsawed in the quarter as investors raced to analyze each new piece of economic data.
The optimism comes even as traders face bubbling market risks.
Global stocks have extended their bull trend after a bout of volatility in early September.
Private equity firms have turned to debt-funded dividend payouts at a record pace this year to juice returns.
The firm's stock traders recorded their best quarter in more than three years.
The company said adjusted earnings per share for the third quarter were 77 cents, beating analyst forecasts.
Earnings forecasts by corporate execs have been more optimistic than those of analysts.
There's massive confusion over whether China is poised for a true comeback.
Foreign banks and defense companies offer attractive opportunities, he said.
The demand for power is supercharging returns in utilities (and shaking up the S&P 500).
Investors should expect low but positive returns on their investments, he said.
Michigan State's fund returned more than 15% for the year ended in June.
Escalating tensions in the Middle East sent shares of weapons and plane makers to records last week.
Analysts like its growth potential and ability to better monetize its user base.
Vanguard's Joe Davis sees AI as a productivity booster for advisors.
Stocks have rebounded after a selloff over the summer on fading recession concerns and the Fed's policy easing.
Beijing's stimulus bonanza has sparked a flurry of upgrades by Wall Street heavyweights.