Masters in Business

Ellen Zentner, Chief Economist Strategist at Morgan Stanley, shares her insights on tariffs and Federal Reserve independence. She highlights the unexpected resilience of businesses amidst trade uncertainties and explores the complexities of economic data integrity. Ellen reflects on her unique journey from Texas to Wall Street, discussing the critical role of mentorship and AI in thematic investing. The conversation touches on the influence of demographic trends like Gen Z on the economy and the importance of maintaining independent monetary policy to safeguard against instability.

Preston Holland, founder of Prestige Aircraft Finance and host of The VIPC, dives into the fascinating world of private jet ownership. He reveals that owning a jet might be more accessible than you think, debunking the myth of exorbitant costs. The discussion covers practical tips on choosing the right model and navigating financial implications, including tax strategies. Holland also addresses the pilot shortage and compares full ownership with fractional options, highlighting the unique benefits tailored for high-net-worth individuals.

Deven Parekh, Managing Director at Insight Partners, has been a key player in venture capital since 2000, investing heavily in software and consumer internet businesses. He shares insights on the evolving landscape of startup investing, including adaptive strategies to navigate market fluctuations. The discussion highlights the importance of talent sourcing, software-centric investment approaches, and the dynamics of venture buyouts. Parekh also reflects on challenges in the venture capital space and the role of artificial intelligence in shaping investment trends.

Michael Hiltzik, a business columnist for the Los Angeles Times and a two-time Gerald Loeb Award winner, shares his insights on managing the overwhelming flow of news and data in today's world. He discusses the importance of selective curation and the risks of biased data, urging investors to adopt a methodical approach to verify information. Hiltzik also tackles the complexities of interpreting public company guidance and the reliability of government data sources amidst skepticism, offering practical strategies for investors to navigate economic statistics.

In this engaging discussion, Tim Ferriss—a renowned entrepreneur and author famous for his 4-Hour series—dives deep into productivity and self-experimentation. He shares insights on the 80-20 principle and 'fear setting' to improve decision-making. Tim explores innovative approaches to mental health, including metabolic psychiatry, and reveals his passion for game development with his new card game, Coyote. He also discusses impactful purchases under $100, emphasizing the importance of optimizing learning and personal growth.

Paul Vigna, a seasoned reporter for The Wall Street Journal with over 25 years of experience, dives into the intriguing world of money. He discusses how money is more than just physical bills, serving as a social construct with deep historical roots. Vigna examines the essential role of trust, especially during crises like the Great Depression, and how belief systems have shaped perceptions of wealth. He also highlights FDR's efforts to restore confidence in the banking system and the evolving nature of money in society.

In this engaging discussion, Erik Hirsch, Co-CEO of Hamilton Lane, delves into the dynamic world of private credit and private equity. He shares insights on the growth of private markets over the past 25 years, highlighting the role of technology and ESG factors in shaping future investments. Hirsch discusses the shift from traditional consulting to client-centric asset management and the rise of tokenization as a solution for investor access. He also reflects on mentorship's importance in guiding new finance professionals in this rapidly evolving landscape.

Hannah Elliot, a supercar reviewer for Bloomberg with over 15 years in the auto industry, dives into the exhilarating world of classic car collecting. She spills insights on balancing passion with practicality, emphasizing research in building a collection. Discussing the joys—and costs—of owning vintage cars, she explores budget-friendly starters like the Mazda Miata. Hannah also underscores the significance of community and specialized insurance, ensuring that enthusiasts enjoy their cars while keeping potential value in mind.

Sonal Desai, the chief investment officer at Franklin Templeton Fixed Income, manages a whopping $215 billion in assets. In this engaging discussion, she navigates the complexities of fixed income investments, sharing insights from her transition from academia to finance. Desai humorously recounts her culinary curiosity while juggling macroeconomic theories and investment strategies. She also highlights mentorship's role in overcoming challenges in leadership and examines economic dynamics affecting consumer behavior and the fixed income market.

Joey Fishman, a Senior Advisor at Ritholtz Wealth Management, dives into the world of equity-based compensation, particularly in tech and VC-backed firms. He breaks down the complexities of stock options and the importance of understanding vesting schedules. Joey shares insights on the psychological challenges employees face when navigating their investments and warns against the dangers of having a concentrated net worth in one stock. He emphasizes the need for professional financial advice and effective diversification strategies.