Spencer Jakab

speaker

229 appearances 3 recordings 1 series first heard Aug 2025 last heard 10 Sep

Spencer Jakab’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 — 2 in all, peaking in Sep 2026 with 1.

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And now I can too. matched

Now this fund is offering me access. matched

And they don't think about how much it's costing them or how concentrated their bets are. matched

Whereas if they own the whole stock market, they own bets in lots of companies they haven't heard of. matched

Some of them can turn into real winners. matched

Many of them will turn into losers. matched

But I mean, you know, it's not as concentrated. matched

But there's also a kind of pointy-headed academic reason for it. matched

And I mean, just no offense, but I mean, you're a very sophisticated person. matched

I mean, diversification is a good thing, right? matched

If you could own more businesses in more countries doing more different things, matched

That is generally good for you. matched

It's like the last free lunch in finances, right? matched

So are people missing out by, for example, these proposals to allow matched

targeted funds and things like that to own a little bit of private equity. matched

Is that really important? matched

Is it really necessary? matched

And there's just one follow up there. matched

Then people say like, no, I mean, some people just have stars in their eyes, right? matched

And they're like, I want a piece of SpaceX. matched

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