American hedge fund
POPULARITY
Conventional wisdom claims that mixing emotions with financial decisions can lead to poor, even impulsive decisions. But what if we instead viewed emotions as super powers that we can harness to not only make wiser, but more meaningful choices for ourselves and our financial goals? In this episode, we sit down with Brian Portnoy, author and founder of the financial advisor coaching and e-learning platform Shaping Wealth. The lessons on Shaping Wealth apply wisdom from psychology, behavioral science, as well as emotional intelligence to coach financial advisors to be better partners for their clients' financial journeys. In addition to Shaping Wealth, Brian is the author of three books—The Investor's Paradox, The Geometry of Wealth, and How I Invest My Money. Brian also worked as the Director of Investment Education at Virtus Investment Partners, and was Head of Education at Magnetar Capital. Brian holds a PhD from the University of Chicago, as well as a bachelor's from the University of Michigan. For more, read Liz's column every Thursday at On The Money by SoFi, sign up for the On The Money newsletter, and follow Liz @LizThomasStrat. Notable mentions in the episode: 00:00 Introduction 01:31 Money and Emotions 04:44 Using Emotions to Make Better Financial Decisions 07:16 Emotions vs. Emotional Intelligence 09:19 Setting Expectations with Your Finances 13:58 Managing Emotions Through Market Volatility 17:22 Rich vs. Wealthy 21:15 Money and Happiness 25:13 Budgeting and Setting Goals 35:25 Getting Healthier About Our Financial Well-Being 38:55 AI and Financial Advising 47:51 Closing Thoughts Additional resources: On The Money: Sign up for SoFi's newsletter for intel, insights, and inspo to help you get your money right. Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we've created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more. Wealth Investing Guide: Information you need to know to make your money work harder for you. This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal. ©2024 Social Finance, Inc. All Rights Reserved.
Send us a textSubscribe to AG Dillon Pre-IPO Stock Research at agdillon.com/subscribe;- Wednesday = secondary market valuations, revenue multiples, performance, index fact sheets- Saturdays = pre-IPO news and insights, webinar replays00:07 | OpenAI Secures $6.6B Round, Expands Capabilities- Introduced real-time voice assistant capabilities through API for businesses- New API features and developer events announced to engage 3M+ developers- Workforce doubled to 1,700 employees from 770 in November 2023- Raised $6.6B funding round at $157B valuation (primary round)- Secured $4B revolving credit line with potential to expand to $10B in liquidity01:31 | Cerebras Files for IPO with 220% Revenue Growth- Specializes in AI hardware, particularly wafer-scale chips for AI training- Revenue of $136.4M in H1 2024 vs. $78.7M for full year 2023- Faces customer concentration risk with 87% of H1 2024 revenue from G42- Raised $715M in venture capital, valuation at $6.7B (secondary), up 124% since June 202403:11 | Anthropic Hires Former OpenAI Co-Founder, Valued at $25.2B- Added Durk Kingma, co-founder of OpenAI, to its growing talent pool- Continues attracting top talent from OpenAI and other tech giants- Positioned as a leader in responsible AI development under CEO Dario Amodei- Secondary market valuation: $25.2B (+40% vs Jan 2024), rumored to be raising at $40B04:09 | Flexport Restructures to Improve Profitability, Valuation Plummets- Logistics tech company plans to sublease warehouse space, integrate sales teams- Faced layoffs (20% in October, 15% in January) and loss of key customers like Crocs- Aiming for global expansion by 2027 with an asset-light model- Secondary market valuation: $1.95B (-75% vs Jan 2022 primary round)05:15 | Epic Games Files Antitrust Lawsuit Against Google and Samsung- Filed lawsuit over Samsung's "Auto Blocker" feature, alleging it blocks third-party app stores- Claims Google Play's dominance is reinforced by Samsung's preinstalled feature- Lawsuit follows mixed success in earlier legal battles against Google and Apple- Secondary market valuation: $16.6B (-26% vs Feb 2024 round)06:20 | CoreWeave Raises $421M, Valued at $23B- Cloud provider specializing in Nvidia GPUs for AI computing- Raised $421M in Series B, backed by Nvidia, Magnetar Capital, Blackstone- Secured $2.3B in debt financing in August 2024- Appointed former Google Cloud VP of finance as CFO, signaling potential IPO- Currently raising a primary round at a $23B valuation07:34 | Pre-IPO Stock Market Weekly Performance- agdillon.com/subscribe to receive weekly pdf report in your inbox- Pre-IPO +0.77% for week, +67.25% for last 1yr- Up week: Synk +17.1%, OpenAI +13.7%, Canva +6.9%, Rippling +5.9%, Notion +5.3%- Down week: xAI -5.3%, CoreWeave -2.2%, Cohere -1.7%, Epic Games -1.6%, Neuralink -0.6%- Top valuations: ByteDance $301b, SpaceX $229b, OpenAI $157b, Stripe $84b, Databricks $46b08:20 | Pre-IPO Stock Vintage Index Weekly Performance- agdillon.com/subscribe to receive weekly pdf report in your inbox- 2024 Vintage Index top contributors since inception: Revolut +201%, Rippling +113%, Anduril +76%, OpenAI +56%, Klarna +40% … the 2024 Vintage Index is up 63% since its inception, or year to date 2024- Key metric averages for all Vintage Indexes 5 years old or older…472% cumulative return since inception58% realized, distributed to investors5.72 TVPI; 3.31 DPI, 2.41 RVPI4.1 years to return the fund
Robert Chen is an entrepreneur with an innovative approach to redefining how New Yorkers experience food. In 2020, he founded EatMise, a food delivery platform bringing fully prepped ingredients straight from New Yorkers' favorite restaurants like Ivan Ramen, Bareburger, Luke's Lobster, and The Meatball Shop, to home kitchens for quick and easy last-mile cooking. Robert draws from his extensive experience in finance and investment to strategically disrupt the conventional takeout and food delivery industries. He has a distinguished history in distressed debt fund management. He has served as a senior investment lead at Strategic Value Partners and as an investment professional at Magnetar Capital and Leucadia Asset Management. Prior to that position, he was a Vice President at MidOcean Credit Partners and an associate at Citi. Robert graduated Summa Cum Laude from Columbia University with a degree in Electrical and Electronics Engineering. Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big! Connect with Robert Chen: Twitter: https://twitter.com/eat_mise?lang=en Instagram: https://www.instagram.com/eat.mise/ LinkedIn: https://www.linkedin.com/in/robert-chen-a0768a49/ Facebook: https://www.facebook.com/eat.mise *E – explicit language may be used in this podcast.
“Using cannabis from a health and wellness perspective, that can cure and help ailments that are otherwise being treated with other drugs that may or may not be good for you. And so from much perspective, I think that's the way I approach it, right or wrong, it's being branded as the health and wellness drug of our generation.” - Scott GrossmanWelcome back to the To Be Blunt podcast! In this episode, Shayda Torabi welcomes Scott Grossman of Turning Point Brands, as he shares the parallelisms between the tobacco and cannabis industries in the aspects of dealing with stigma and attached legalities. He emphasizes that taking the opportunity of being in the thriving cannabis industry is not one to miss as the question now turns to which brands would fill up the shelves. [00:01 – 04:59] Opening Our Minds to the Power of Education[05:00 – 13:19] Catalyzing Change and Recognizing the Thriving Cannabis Industry[13:20 – 23:02] The Parallelisms Between Tobacco and Cannabis Industries[23:03 – 31:38] Journey to Integrating Cannabinoids to Scale[31:39 – 41:19] Determining the Winning Brands to Fill Out the Shelf[41:20 – 51:29] Latching on to Favorable Legalization Processes[51:30 – 52:59] Food for Thought: How do you feel about big corporations operating in cannabis? Scott Grossman joined Turning Point Brands in 2021 and is focused on strategic initiatives and acquisitions. Prior to joining, Scott spent over 15 years as an investor and Board-level advisor managing investments across the capital structure in both public and private companies. Scott founded Vindico Capital after working nearly a decade at Magnetar Capital, and previously worked at Soros Fund Management in its private equity division. Scott started his career at Merrill Lynch in its investment banking group.Connect with ScottVisit https://www.turningpointbrands.com/ and follow him on https://www.instagram.com/stokers/ and https://www.instagram.com/zigzagworld/. Shayda Torabi has been called one of the most influential Women in WordPress and now she's one of the women leading the cannabis reformation conversation building one of Texas' premier CBD brands. She's currently the CEO and Co-Founder of RESTART CBD, a female-run education first CBD wellness brand. And has formerly held marketing positions at WP Engine and WebDevStudios. Shayda is the host of a podcast for cannabis marketers called To Be Blunt, where she interviews top cannabis brands on their most successful marketing initiatives. When Shayda's not building her cannabiz in Texas, you can find her on the road exploring the best hikes and spots for vegan ice cream. Follow Shayda at @theshaydatorabiKey Quote:“I really wanted to be a part of an industry that had clear societal benefits, you know, job creation, that's largely protected from offshoring. We're helping unwind 50 plus years of systemic racism, and an endless and reckless war on drugs. We're providing a real solution to the opioid crisis, PTSD, and other health issues like Gervais syndrome, and, you know, candidly, we're helping raising much needed funds for our government.” - Scott GrossmanSPONSORSHIP is brought to you by Restart CBD. Check them out for your CBD needsLEAVE A REVIEW + help someone who wants to join mRESTART CBD RESTART CBD is an education first CBD wellness brand shipping nationwide. restartcbd.com
Today on the Brief: Robinhood doubles quarterly trading revenue Square did $875 billion in bitcoin revenue in Q2 - up 600% YoY ADP report: 167,000 jobs added in July (instead of expected 1.2 million) Our main conversation is with Hedgeye CEO Keith McCullough. Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and Dawson Herman Capital Management. In this conversation, he and NLW discuss: Hedgeye’s “Full Cycle Investing” approach and GIP (Growth, Inflation, Policy) methodology How the economy was in a period of slowing growth and slowing inflation before COVID-19 How we’ve moved into a stagflation period in response to the money printing prompted by the crisis Why bitcoin, gold, emerging market stocks and commodities are likely to thrive in this environment Why most narratives are BS Why the “Old Wall” media distracts rather than educates Check out our guest online: Website: Hedgeye.com Twitter: @KeithMcCullough
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed.This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today on the Brief:Robinhood doubles quarterly trading revenueSquare did $875 billion in bitcoin revenue in Q2 - up 600% YoYADP report: 167,000 jobs added in July (instead of expected 1.2 million) Our main conversation is with Hedgeye CEO Keith McCullough. Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and Dawson Herman Capital Management.In this conversation, he and NLW discuss:Hedgeye’s “Full Cycle Investing” approach and GIP (Growth, Inflation, Policy) methodology How the economy was in a period of slowing growth and slowing inflation before COVID-19How we’ve moved into a stagflation period in response to the money printing prompted by the crisisWhy bitcoin, gold, emerging market stocks and commodities are likely to thrive in this environment Why most narratives are BS Why the “Old Wall” media distracts rather than educatesCheck out our guest online:Website: Hedgeye.com Twitter: @KeithMcCullough
Today's show is co-hosted by my colleague, Stig Brodersen, from the popular podcast, We Study Billionaires. Stig and I talk with Brian Portnoy, the director of Education at Magnetar Capital, a $13 Billion hedge fund and the author of The Geometry of Wealth: How to Shape a Life of Money and Meaning. Brian explores the role of money in a happy life.IN THIS EPISODE, YOU'LL LEARN:The role of meaning in a happy lifeThe difference between experienced happiness and reflective happinessWhat changes when you reach, roughly, $75,000 in annual incomeHow to avoid the hedonic treadmillHow to underwrite a meaningful lifeWhat is funded contentment, and how can we apply it to our livesHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!BOOKS AND RESOURCESBrian Portnoy's The Geometry of Wealth: How to Shape a Life of Money & MeaningBrian Portnoy's The Investors Paradox: The Power of Simplicity in a World of Overwhelming ChoiceAngus Deaton and Daniel Kahneman's High income improves evaluation of life but not emotional well-beingBrian Portnoy's Website: Shaping WealthCapital One.This is Banking Reimagined.CONNECT WITH BRIAN PORTNOYBrian's Twitter AccountBrian's LinkedIn AccountGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterRead the full transcript and show notes on: https://www.theinvestorspodcast.com/the-good-life/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Brian Portnoy, Ph.D., CFA, is an expert at simplifying the complex world of money. In his two books, The Investor's Paradox and The Geometry of Wealth, he tackles the challenges of not only making better investment decisions but also how money figures in to a joyful life. He is currently the Head of Education at Magnetar Capital and has spent the last 25 years as educator, investor, and strategist. He holds a doctorate from the University of Chicago and currently lives on the north side of Chicago with his wife and three children. finEDge financial literacy: https://finedge.uchicago.edu/ Paul isn't as smart as Brian, but his website is super-interesting: http://PaulOllinger.com
Tom McInyre, president of McIntyre, Freedman and Flynn, said in the Market Call that the market is set up for a mixed bag of results in the just-started earnings season, an environment that she thinks will create the chance for opportunistic buying, especially in the energy sector. Also on the show, Chuck talks financial literacy and education with Brian Portnoy of Magnetar Capital, Sam McBride of New Constructs puts a popular stock in the Danger Zone, and Chuck covers the latest Weird Financial News.
Brian Portnoy, CFA Head Of Education at Magnetar Capital is interviewed in this episode. Brian articulates and engineers simplicity in a complex world. He is a writer, educator and investor. Follow Adam on Instagram at Ask Adam Torres for up to date information on book releases and tour schedule. Apply to become a featured co-author in one of Adam's upcoming books: https://www.moneymatterstoptips.com/coauthor --- Support this podcast: https://anchor.fm/moneymatters/support
Alec Litowitz is the renowned Founder & CEO of Magnetar Capital, a leading alternative asset management firm with more than $14 billion under management. In this episode, Litowitz offers us unfiltered knowledge and perspective on growing a successful business, and which traits are most useful in attracting success. He also talks about his work to create the Magnetar Capital UChicago Financial Education Initiative, an innovative high school-based financial education program. Since 2012, the initiative has helped over 10,000 Chicago-area students increase their financial literacy. For anyone hoping to learn more about investing, entrepreneurship, and the financial services industry, this is an incredible opportunity to do so from a leader in the hyper-competitive field.
May 23, 2016 By Bob Coleman Editor, Main Street Monday Fountainhead Commercial Capital secures $23 Million for SBA 504 lending. Alternative asset manager Magnetar Capital, through its affiliated funds, invested $23 million in a Series A round of financing, joining an affiliate of 20 Gates Management, an asset management firm based in New York, as […]
Turning Point Brands with Vice President Scott Grossman today on Grassroots Marketing only on Cannabis Radio. Scott joined Turning Point Brands in 2021 and is focused on strategic initiatives and acquisitions. Prior to joining, Scott spent over 15 years as an investor and Board-level advisor managing investments across the capital structure in both public and private companies. He founded Vindico Capital after working nearly a decade at Magnetar Capital and previously worked at Soros Fund Management in its private equity division. Scott started his career at Merrill Lynch in its investment banking group.