Send us a textCHAPTER MARKERS:0:09- Introduction1:35- Chris Larsen's Origin Story4:35- The Story of E-loan.8:40- Chris Larsen's greatest challenge starting E-loan.11:25- His advice for all future & present entrepreneurs and What makes a great entrepreneur16:52- The Overview & Creation of Ripple and XRP.20:45- How Chris Larsen got into cryptocurrency.22:15: Chris Larsen’s opinion on Bitcoin and its energy usage23:24- What makes XRP so valuable?24:30- What is a cryptocurrency?25:00- When is something a currency and when is it a security?25:55- Store of Value in a cryptocurrency 26:50- The Concept of Fungibility 29:45- Is All Fiat Virtual?30:50- Paying Taxes with Cryptocurrency31:30- The Idea of Value & Price of a Cryptocurrency.33:12- The main differences & use cases between cryptocurrencies.34:50- The Cryptocurrency World is Tribal 37:35- How cryptocurrency transactions work on XRP Ledger & in General.40:40- How blockchains work using clean & bad energy45:40- What to know before entering the cryptocurrency world.46:10- Is XRP really decentralized?48:20- Chris’s views on Dogecoin and Elon Musk’s recent dip in Bitcoin.50:35- How to start investing in the cryptocurrency world.53:47- OutroOn today’s episode we have Chris Larsen, a successful angel investor, and entrepreneur who has founded numerous Bay Area startups. Today we will hear about his origin story and his thoughts on recent cryptocurrency trends. He is best known for being one of the co-founders, Former CEO, and current Executive Chairman of Ripple, a global blockchain software company that is used widely around the world. Larsen received praise, as he was able to create seamless financial transactions through blockchain payments with people on a global scale. Chris was the richest person in cryptocurrency until early this year and ranked #319 on the Forbes 400 list with a peak net worth of $4.6 Billion. Chris helped create one of if not the largest real-time gross settlement, currency exchange, and remittance networks in the world called Ripple. His company Ripple Labs specializes in the digital asset XRP, helping facilitate value transfer around the world. XRP has grown 30,000% from 2017 to 2018, surpassing crypto giants like Ethereum, and became the 2nd largest digital currency by market capitalization in the world. He is also responsible for the creation of E-loan in the 1990s, one of the first online mortgage lending services in the United States. E-Loan became the first company to freely provide consumers' FICO credit scores. He continued to run the growing company until it was bought out in 2005. A year later, he founded Prosper Marketplace. Its focus was to create a more personalized peer-to-peer lending service, which connected people on a global scale. He has made his mark as one of the most influential CEOs in the blockchain world. Gaining the respect of his peers, he has shown time and time again his deep understanding and success with cryptocurrency. Mr. Larsen has changed the world for the better, and I hope you all learn something new from this brilliant man. If you are loving the show please go ahead and follow us on your favorite podcast app., and leave us a review on apple podcasts. You can get in touch with us by email at the.finanzSupport the show

Send us a textCHAPTER MARKERS:0:00- Introduction 1:30- How Hubert Got Started in Business 2:52- Why He left Carlson for Best Buy? 5:27- The REVIVAL of Best Buy10:03- Why Businesses NEED People13:09- Challenges & Accomplishments of Best Buy16:40- How to be a Great Leader17:45- Principles to Follow for Success22:47- How to Find YOUR Meaning and Purpose25:51- Why Passion Leads to Happiness and Success29:44- 4 Elements to Find Meaning in a Job34:11- Aiming for Perfection → FAILURE35:55- Advice for all Leaders41:04- What Drives Hubert Joly?Hubert Joly is the Former CEO of Best Buy, often credited for saving Best Buy from bankruptcy.  In the 2010s he took on Jeff Bezos and Amazon, trying to defeat them in the retail industry. He's widely considered as one of the best CEO's of all time, being ranked the 10'th best CEO in 2018 by the Harvard Business Review, Glassdoor, and Forbes. He's also the former CEO and chairman of Carlson Companies, a privately owned international conglomerate in the hotel, restaurant, and travel industries. Carlson Companies employs over 175,000 people in over 160 countries worldwide. He was elected a Global leader for tomorrow by the World Economic Forum and received the French National Order of the Legion of Honour, the highest decoration in France for civil merit.Hubert has been praised by the CEOs of Amazon, Adobe, Burberry, Nike, Kohl’s, Johnson & Johnson, Microsoft, Thrive Global, AXA, Ulta Beauty, Zoox, TIAA, KKR, Ralph Lauren, Vanguard Group, Ford Motors, Pepsi, IBM, and the McKinsey Group. In addition, Hubert Joly has been featured in such publications as Fortune, CBS News, Inc., CNN Business, and CNBC.Hubert also serves on the board of directors for Johnson & Johnson and Ralph Lauren. In addition, he's currently a professor/lecturer at Harvard Business School.  He just recently released his new book "The Heart of Business" which is now a New York Times and Wall Street Journal Best-Seller.Support the show

Send us a textOn today’s episode I talk to Glenn Hubbard.Mr. Hubbard is widely considered as one of the greatest economists in the world.  He was also The Former Chairman of The Council of Economic Advisers under President George W. Bush from 2001 to 2003. Mr. Hubbard was The Dean at Columbia University’s School of Business from 2004 to 2019. From 1991 to 1993, he was The Deputy Assistant Secretary of Tax Policy to The US Treasury under President George H. W. Bush.  Lastly, he was the Former Chairman of the Economic Club of New York. He is the current Chairman of the Board at MetLife.  Mr. Hubbard is also a Board Member at KKR Fin Corp, as well as a Director of BlackRock fixed income funds.  Mr. Hubbard is the author of a number of economic and socioeconomic texts, with a focus on conservative fiscal policy and taxation. In 2009, he wrote and published The Aid Trap with economist William Duggan Columbia University Press, criticizing the aid system provided by NGOs in western countries as preventing internal growth in poorer nations. In 2013, he published Balance with former intelligence officer and economist Tim Kane.Mr. Hubbard was Mitt Romney’s Go-to economist during the 2012 election against Barack Obama; meaning he would have been either Fed Chair or Secretary Treasury if Mr. Romney won.In this episode we talk about his professional career, his challenges as Chair of CEA during the dot.com bubble burst and 911 recession, his greatest accomplishments as Chair of CEA, Biden’s American Jobs and Infrastructure Plan, inflation problems, economic recovery, Bush tax cuts of 2001, Trump tax cuts of 2017, bankruptcy, a company’s capital structure/recapitalization, short-term liquidity, how interest rates affect equities, and valuation of a company going IPO. Chapter Markers:0:08-0:59, Introduction of Glenn Hubbard 1:00-43:38, The Talk43:38- 45:31, Key Takeways from the episode Support the show

Send us a textWall Street Legend, Renowned Investor, and Philanthropist.  On today’s episode will be with billionaire investor Leon Cooperman. Who is considered by many in the finance world as one of the greatest investors of all time. A self made billionaire who reached a peak net worth of $3.3  billion back in 2020, and is now worth $2.5 billion. This is due to his philanthropic givings in the past year, and a half.  Directly after graduating from Columbia, Cooperman joined Goldman Sachs. He spent his first 22 years at Goldman in the Investment Research Department as partner-in-charge, co-chairman of the Investment Policy Committee and chairman of the Stock Selection Committee. In 1989, he became chairman and chief executive officer of Goldman Sachs Asset Management, and was chief investment officer of the equity product line including managing the GS Capital Growth Fund, an open-end mutual fund, for one and one-half years.While at Goldman Sachs, for nine consecutive years, Cooperman was voted the number one portfolio strategist in the Institutional Investor"All-America Research Team" survey.After leaving Goldman Sachs, he organized a private investment partnership, Omega Advisors, Inc. Cooperman retired in 2016 and converted Omega to a family office. Mr. Cooperman averaged 12.4% returns every year, until his retirement. Lastly, Mr. Cooperman plans to donate all his money by the time of his passing. This episode is backed by Market Games.  The rise of automation is driving the need for students to build higher-order thinking skills that go beyond the textbook. The value of simply being book smart has declined, and the efficacy of textbooks in preparing students for the real world has also naturally declined. Just as businesses are adapting to changes in these uncertain times, the time has come for education to adapt to the market’s new demand for skills like critical thinking, teamwork, and leadership skills.Market Games is an ed-tech startup that’s gamifying the textbook experience to help business educators drive down the costs of course materials and scale their students' success. We build active and collaborative digital tools that make learning more engaging, effective, and affordable for the new generation of learners.Learn more at https://www.marketgames.io/Support the show

Send us a textRoy Kuan,  was the managing partner at CVC Capital Partners. He was the Head of Asia for CVC Capital, but retired in 2018.  CVC is a top 5 private equity firm in the world, managing over 109 billion dollars in assets. Roy led and raised the LARGEST private equity fund in Asia. Roy has been featured on CNBC twice. Roy got his B.A from Georgetown University, and his MBA at The Wharton School of Business. Today Roy and I will be simplifying leveraged buyouts, which is a type of acquisition in business. Episode on Spotify, Apple, and Google Podcasts.Support the show

Send us a textHoward Marks is the Co-Founder/Co-Chairman of Oaktree Capital. His company is the largest investor in distressed securities worldwide. His company manages over $124 billion dollars in assets. Howard Marks is widely considered as one of the greatest investors in the world. Mr. Marks is called, “The master of the market cycle”. In 2020, with a net worth of $2.1 billion, Marks was ranked No. 391 on the Forbes 400 rankings of the wealthiest Americans. During the financial crisis of 2007–08, Oaktree raised $11 billion, the largest distressed debt fund in history, to buy distressed assets, which "paid off richly for his investors". Howard is famous for his memos which which detail his investment strategies and insight into the economy and are posted publicly on the Oaktree website. Howard is also a bestselling author. He has written two books: The Most Important Thing and Mastering the Market Cycle. According to Warren Buffet, “When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book." Ray Dalio says, “Howard Mark’s book Mastering the Market Cycle is a must read for all”. Charlie Munger states, “Howard’s books tell us how to learn from history, and thus allows us to get a better idea of what the future holds. According to Seth Klarman, “The Most Important Thing, Howard Marks insightful investment philosophy and time-tested approach, is a must read for every investor”Howard Marks received his bachelors from The Wharton School at UPenn and his masters at UChicago Booth.We will talk about basic topics like how Howard came up with the idea of his memos, distressed debt securities, and COVID-19 financial markets. Support the show

Send us a textWelcome to the 5th episode of the podcast. I am joined by a very very special guest, Mark W. Nelson, The Dean at Cornell University’s School of Business.Mark W. Nelson is the Anne and Elmer Lindseth Dean and Professor of Accounting at the Samuel Curtis Johnson Graduate School of Management in Cornell’s SC Johnson College of Business. He received his BBA degree from Iowa State University and his MA and PhD degrees from The Ohio State University.Dean Nelson is responsible for Johnson’s three residential MBA programs, four Executive MBA programs, and two MPS programs. In that role, he oversees the research and teaching of Johnson’s faculty and the activities of Johnson’s staff in both Ithaca and New York City, as well as partnerships with Queens University, Tsinghua University, Weill Cornell Medicine and Cornell Tech. Dean Nelson also serves on the leadership team of the Cornell SC Johnson College of Business, and has responsibilities relevant to the overall activities of the College as well as to various research centers and institutes.Dean Nelson’s teaching has focused on intermediate financial accounting and financial reporting, as well as judgment and decision making in accounting. He has received ten teaching awards at Cornell and Ohio State, including the American Accounting Association’s inaugural Cook Prize for graduate teaching excellence. He is a coauthor (with Spiceland and Thomas) of Intermediate Accounting.Dean Nelson’s research examines psychological and economic factors that influence how people make decisions with financial information; interpret and apply accounting, auditing, and tax regulations; and trade in financial markets. His research has been published widely in accounting and psychology, and has been acknowledged with the AAA's Notable Contribution to Accounting Literature Award, the AAA’s Wildman Medal, AJPT’s inaugural Best Paper Award, and the Johnson School's Faculty Research Award.Dean Nelson’s external service includes three terms as an editor of the Accounting Review and four years on the FASB’s Financial Accounting Standards Advisory Council.Support the show

Send us a textIn the fourth episode of the podcast, I talk to The Chair of Entrepreneurship Jon Fjeld at Duke Fuqua’s School of Business. In this discussion Professor Fjeld and I talk about the fundamentals of entrepreneurship and entrepreneurial strategy.From December, 2000, until July, 2004, Jon served as vice president of engineering for Align Technology in Santa Clara, CA. Between 1995 and 2000, he served as CEO of two RTP venture backed firms: Geomagic, a 3D software company and NetEdge Systems, a data networking equipment company. Prior to that, Fjeld spent 13 years at IBM, where he served in a number of management and executive positions within the networking and software business units. He began his professional career as an assistant professor in the philosophy department at Duke University. Professor Fjeld holds an MBA from Duke University, and an MS in computer science from the University of North Carolina at Chapel Hill.Enjoy!!!!!Support the show

Send us a textIn today’s episode, I am joined by Professor Fred Feinberg from the University of Michigan Ross School of Business. Mr. Feinberg got his PhD from MIT, and is the current chair of marketing at the Ross School of business. Prof. Feinberg's research examines how people make choices in uncertain environments.  His work focuses on using statistical models to explain complex decision patterns, particularly involving sequential choices among related items (e.g., brands in the same category) and dyads (e.g., people choosing one another in online dating).  He also works in mathematical psychology, Bayesian econometrics, dynamic programming, as well as models of advertising and consumer variety-seeking. He is Departmental Editor at Production and Operations Management, former Co-Editor of Marketing Science, and Associate Editor at Journal of Marketing Research. With Tom Kinnear and Jim Taylor, he is a co-author of the book, Modern Research; Cases, method, and concepts.   In our discussion we talk about the fundamentals of marketing and the analytics that go with it. Enjoy!!!!Support the show

Send us a textIn the second episode I talk with Professor Torsor Kotee of UC Berkeley Haas. UC Berkeley Haas has been named the 3rd best undergraduate business school in the nation for many years. Torsor is the founder of an Tech-Ed startup called, “market games”. This game allows a student to experience what an entrepreneur or a business leader experiences. Having to deal with ambiguity when making decisions, knowing outcomes are uncertain. His game can simulate that real-world experience. His company builds games that simulate market dynamics and partner with instructors to deliver that experience to students. In addition, Torsor has past experiences working in investment banking and Private equity. He was the assistant Vice President at Credit Suisse UK and a investment professional at ManoCap private equity fund.In today’s discussion Torsor and I talk about Capital Markets, Market efficiency, and the foundations of accounting and private equity.Join the market games boot camp for high schoolers, experience the game. Link: https://mailtrack.io/trace/link/4d5075b482bcdd01a71cde177c09f4a9c3d82ac1?url=http%3A%2F%2Fbit.ly%2Fmg_bootcamp&userId=5512447&signature=d6a59eb7a8414d40Support the show