Ritik Malhotra - The Future of Wealth Management - [Making Markets, EP.66]
My guest today is Ritik Malhotra, co-founder and CEO of Savvy. We’re in the middle of a powerful cycle in wealth management- advisors leaving big institutions to go independent. Savvy is building the infrastructure to make that transition possible. In our conversation, we explore the rise of RIAs, the challenges of breaking away, and how capital from both venture and private equity is reshaping the market. Please enjoy this conversation with Ritik Malhotra.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.-----Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday, highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
Follow us on Twitter: @makingmkts | @ericgoldenxEditing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes(00:00:00) Welcome to Making Markets(00:00:28) Journey to Founding Savvy(00:01:27) Challenges in the Financial Advisory Industry(00:02:51) Savvy's Unique Approach(00:03:26) Target Market for Savvy(00:05:19) Operational and Marketing Challenges(00:08:14) Building a Comprehensive Platform(00:18:08) Private Equity and Industry Impact(00:29:54) Future Outlook and Expansion Plans(00:32:55) Final Thoughts
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Darren Fisk: Navigating Real Estate Cycles - [Making Markets, EP.65]
My guest today is Darren Fisk, founder and CEO of Forum Investment Group. Darren’s journey runs from a late-night $100 bet in a frat house that propelled him into Division 1 football to building a national real estate platform.
We try to keep the conversation as wide-ranging as his career, covering everything from cultivating drive and resilience in your children to managing debt and seizing opportunities in real estate. Along the way, Darren shares the lessons he’s carried from the locker room into the boardroom, the evolving landscape of commercial real estate, and the strategic differentiation of investment vehicles. Please enjoy this conversation with Darren Fisk.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.
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Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.
Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
Follow us on Twitter: @makingmkts | @ericgoldenx
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes
(00:00:00) Introduction and Welcome
(00:00:05) The $100 Bet: From Frat House to Division One Football
(00:02:16) Overcoming Challenges and Building Drive
(00:03:40) Instilling Drive in the Next Generation
(00:08:22) Transition to Real Estate
(00:08:27) Starting a Real Estate Firm During a Financial Crisis
(00:10:42) The Importance of Cash Flow in Real Estate
(00:14:35) Navigating Real Estate Cycles and Debt Management
(00:19:01) Investing in Multifamily Projects
(00:27:13) The Resilience of Multifamily Housing
(00:33:42) Economic Concerns and Wage Inflation
(00:34:54) Impact of High Interest Rates on Businesses
(00:35:19) Turnover and Market Efficiency in Real Estate
(00:36:59) Understanding Debt and Credit Vehicles
(00:40:59) Investment Strategies and Market Adaptation
(00:51:07) Challenges and Mistakes in Real Estate
(00:55:39) Balancing Business Growth and Personal Fulfillment
(01:04:06) Affordable Housing Solutions and Policy
(01:07:14) Current State of Multifamily Housing Market
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Charlie Shrem: The Journey of Bitcoin - [Making Markets, REPLAY]
Today, we are replaying my conversation with Charlie Shrem. Charlie was a founding member of the Bitcoin Foundation and BitInstant - one of the earliest Bitcoin exchanges. In this episode, he takes us through his incredible life story-starting with how an Orthodox Jew from Brooklyn got into the wild world of Bitcoin. He then talks about how Bitcoin went from a toy to a real store of value, the wild success of BitInstant, his time in prison, and how he met Justin Trudeau through a robot. The story of Charlie’s adult life is in many ways mirrors the story of Bitcoin, and I hope you enjoy this episode with Charlie Shrem.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.
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Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.
Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
Follow us on Twitter: @makingmkts | @ericgoldenx
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes
(00:00:00) Welcome to Making Markets
(00:01:51) Charlie's Early Life and Bitcoin Discovery
(00:05:23) The Rise of BitInstant and Legal Troubles
(00:08:12) Life After Arrest and Bitcoin's Early Community
(00:13:59) Bitcoin's Value and Early Transactions
(00:18:20) Libertarian Influence and Political Connections
(00:24:38) Gavin Andresen and the CIA Meeting
(00:25:53) The Birth of the Bitcoin Foundation
(00:26:19) Early Bitcoin Community Gathering in Austria
(00:27:03) Forming the Bitcoin Foundation
(00:28:09) Libertarian Movement and Porkfest
(00:29:19) Bitcoin's Early Adoption and Challenges
(00:31:06) BitInstant and the Rise of Bitcoin Transactions
(00:37:47) Legal Troubles and the Silk Road Connection
(00:44:18) Life After Prison and Bitcoin's Evolution
(00:47:25) Reflections on Bitcoin's Impact and Future
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Zac Townsend: Insurance for the Crypto Era - [Making Markets, EP.64]
My guest today is Zac Townsend, co-founder and CEO of Meanwhile. Insurance is a product nearly everyone touches, but few understand, and even fewer try to reinvent. Meanwhile is doing just that, building a fully licensed life insurance carrier that holds its reserves in Bitcoin. In this conversation, we talk about what makes insurance structurally hard to change, how Bitcoin opens up new design space, and why innovation here demands control over product, capital, and regulation all at once. Please enjoy this conversation with Zac Townsend.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.
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Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.
Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
Follow us on Twitter: @makingmkts | @ericgoldenx
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes
(00:00:00) Welcome to Making Markets
(00:01:20) Understanding Term Life Insurance
(00:03:22) Exploring Whole Life Insurance
(00:05:00) The Principal-Agent Problem in Insurance
(00:07:59) Investment Strategies and Tax Implications
(00:13:46) Challenges in the Insurance Industry
(00:17:59) Founding an Insurance Startup
(00:25:22) Bitcoin and Life Insurance
(00:42:14) Future of Bitcoin and Insurance
(00:44:50) Final Thoughts
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Eric and Matt dive into the fascinating dynamics of the market from the past quarter. Despite a 10% rise in the S&P 500, the quarter was marked by significant early volatility due to unexpected tariff announcements. The discussion covers the impact of tariffs on markets, the influence of global trade tensions, and the interplay between short-term and long-term market reactions. They also delve into the implications of AI and new technologies on market trends and the potential for volatility driven by algorithmic trading. The episode explores the role of the US Federal Reserve, the evolving market perception of Bitcoin, and the broader economic impacts of geopolitical events.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.
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Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.
Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
Follow us on Twitter: @makingmkts | @ericgoldenx
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes
(00:00:00) Welcome to Making Markets
(00:01:34) Market Reactions to Tariffs
(00:03:38) Trump's Strategy and Market Dynamics
(00:06:33) Volatility and Market Structure
(00:15:33) Geopolitical Tensions and Market Impact
(00:20:28) AI Revolution and Market Sentiment
(00:24:25) The Gold Rush Analogy in Business
(00:25:43) Private Investment Trends and Mega Funds
(00:26:26) Yale's Investment Strategy and Its Impact
(00:27:22) Challenges in Private Equity Liquidity
(00:29:46) Jerome Powell and the Federal Reserve
(00:30:51) The Role of the Fed in Economic Stability
(00:34:25) Trump's Influence on Treasury and Fed Dynamics
(00:40:31) The Impact of AI and Inflation on the Economy
(00:43:34) Bitcoin's Maturation and Market Dynamics
(00:47:04) Concluding Thoughts on Market Trends
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Making Markets explores the psychology and structure that make up markets all over the world. Each week, Eric Golden speaks to experts about a different market so you can see what actually happens when money changes hands. From mainstream stock and bond markets to esoteric niches like vineyards, antique art, and crypto, we explain the transactions that underpin our economy. Visit joincolossus.com to find more episodes, transcripts and a library of content to continue your learning.
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