3min chapter

TIP458: Why Billionaire Charles Schwab Invested in Kalshi w/ Luana Lopes Lara

We Study Billionaires - The Investor’s Podcast Network

notes

CHAPTER

The Future of Cowshe?

Calshe is a new exchange-traded fund. Unlike robin hood, it doesn't currently offer margin or leverage type trading. The company wants to make the world more data centric.

00:00

Transcript

Episode notes

IN THIS EPISODE, YOU'LL LEARN:

01:30 - What Kalshi is and why it’s a very unique company.
02:36 - How events trading works.
03:18 - What it took to get Kalshi approved by the Commodity Futures Trading Commission (or CFTC) - the first company of its kind to do so.
42:57 - Why Billionaire Charles Schwab personally invested in the company.
53:01 - Why Luana and her cofounder Tarik decided to create the company.
And a whole lot more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

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