Brad Gerstner

speaker

3,957 appearances 19 recordings 4 series first heard Apr 2025 last heard 17 Sep

Brad Gerstner’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 17 in all, peaking in Jun 2026 with 4.

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And founders are crazy.

And you guys probably looked at what I was working on and thought, you're nuts.

You're wasting your time on this.

And so when it got signed into law last year, that's a huge moment in a founder journey.

that it's like getting your first round of funding, maybe like, okay, we actually this thing is going to happen.

But on July 4 of this year, the app went live, right.

So that means millions of accounts got created, the accounts got funded, and to celebrate that, and to really kind of take the next step forward,

You know, we designed a joint bell ringing first in history between the NYSE and NASDAQ from the Oval Office that was incredible.

We had 100 CEOs there, kids there, families that were impacted.

And the president really kind of laid out that this is much bigger than just a program to give a few people some accounts.

This is really about making every child a capitalist.

In fact, the president suggested that we're going to auto create accounts for all 50 million kids or upwards of 70 million kids under the age of 18.

So he called on us to get the accounts open faster for more people to have more impact to make sure no child is left behind.

So as you guys know.

The idea was very simple, $1,000 for every child at birth that could compound for their life in a privately owned investment account.

So you're born, you get a social security number and you get an investment account.

And if you do that and you start with $1,000 and somebody matches that and you save 10 bucks a week, that's $50,000 at age 18.

S&P 500.

So when these accounts are created-

All that money goes into the S&P 500.

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