Insight certainty 4/5 debate potential 3/5

Klein: Long-Term Investing Requires Making Sound Short-Term Decisions

Aaron Klein · 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors? · Jul 22, 2017 · at 3:05

Aaron Klein, co-founder and CEO of Riskalyze, discusses the behavioral investing philosophy behind the company's risk profiling framework.

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“Somewhat counterintuitively, the only way to become a long-term investor is to make a bunch of really great short-term decisions along the way.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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Insight
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“There's only one problem with it. Humans are incapable of following that advice.”
Aaron Klein Jul 22, 2017 ▶ 23:21 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors?
Assertion Contradicted
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Assertion Not checkable as stated
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“And we deployed just a little more than four million dollars in total capital prior to bringing FTV capital on board last year as our first institutional capital. So we really built a pretty substantial business you know, where we don't talk about revenue numb…”
Aaron Klein Jul 22, 2017 ▶ 10:09 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors?
Assertion Not checkable as stated
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Aaron Klein Jul 22, 2017 ▶ 13:40 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors?
Prediction Not checkable as stated
Klein: Autopilot Aims to Capture 10x Revenue Per Financial Advisor
“We're focused on delivering like, you know, real numbers, about a 50 X impact on efficiency and what it takes for an advisor to actually implement the investment decisions that they make for their clients. And in exchange for that 50 X impact on efficiency, we…”
Aaron Klein Jul 22, 2017 ▶ 18:47 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors?
Assertion Not checkable as stated
Klein: Early Riskalyze Investors Earned 10x Returns via Share Buybacks
“No, there are some of our early investors who've earned a 10 X return already from the company.”
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