Financial Industry

topic on 4 shows · 7 statements across 7 episodes

Capital Allocators Catalyst How I Built This the a16z Podcast

7 statements about Financial Industry, every show

CATALYST Insight
Horne: Geological uncertainty is the primary cost driver for geothermal
“The biggest cost driver for geothermal development is uncertainty. And because it's a resource, a geological resource, the fact that you don't know exactly how big it is and how long it's going to last, that translates into uncertainty in the sizing of the pla…”
Dr. Roland Horne Jun 27, 2024 ▶ 9:21 Going deep on next-gen geothermal
Housel: Financial Pundits Escape Penalty for Being Wrong by Soothing Clients
“If you are a pundit in the financial industry or an analyst or an economist, whatever word you want to use, If you tell people what they want to hear, you can be wrong for a long time without any penalty, because what you are doing, you're giving your clients …”
Morgan Housel Jan 1, 2024 ▶ 39:55 Morgan Housel – Same as Ever (EP.359)
Levchin: Traditional credit companies treat solvent late payers as revenue opportunities
“If you are, what's in the industry is evocatively called a sloppy payer, which is someone who generally pays their bills, but are almost never on time. The normal financial industry behaviors say, great, you're a fantastic revenue opportunity. You have the mon…”
Max Levchin Jun 20, 2022 ▶ 36:26 Affirm: Max Levchin (Part 2 of 2)
CAPITAL ALLOCATORS Assertion Supported
There are four PR people for every journalist
“I believe there's four PR people for every journalist now. I suspect it's even higher in the financial industry.”
Kip McDaniel Dec 9, 2019 ▶ 21:47 Kip McDaniel – How to Get an Allocator's Attention (Capital Allocators, EP.115)
a16z Opinion
Friedman: Machine intelligence will drive the most change in financial markets
“People ask me, what's the one technology that's going to drive the most change in the industry? And I have to say, I think machine intelligence.”
Adina Friedman Jan 2, 2019 ▶ 26:12 a16z Podcast | Market Shifts
Williamson: Capital exists for savers' dignity, not the finance industry
“So my biggest investment pet peeve is people who take advantage of investors who are not sophisticated. So I think that they forget that the reason for the money is not to fund our industry or to trade or to whatever, but that the reason for the money is to pr…”
Sarah Williamson Sep 3, 2018 ▶ 53:13 Sarah Williamson – Focusing Capital on the Long-Term (Capital Allocators, EP.67)
Cembalest: When making giant mistakes, write them off and restore solvency
“And that was a signal that the industry had learned that when you make a giant mistake, you gotta write it off and move on. And the best thing to do is put issuers Back in, in at least the possibility of being solvent.”
Michael Cembalest Apr 23, 2018 ▶ 17:20 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)

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