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
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…”
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 …”
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…”
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.”
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.”
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…”