AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
10min chapter
#339 - Simon Wagner - Founder @ Granite Oak - Compounding $1M to $250M in 10 years
The Fort - An Entrepreneurship Podcast
Navigating the Turbulent Waters of Financial Markets
The chapter explores the speaker's journey at Morgan Stanley and the intricate workings of client-facing trading versus trading on the bank's balance sheet. It delves into the high-risk, high-reward dynamics of the financial industry in 2006, focusing on the securitization of assets like CDOs and complex derivatives. The narrative culminates in a reflection on significant financial losses, misjudgments, and the impact of the subprime market crisis, shedding light on the challenges faced by young professionals in a fast-paced trading environment.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode