Yuval Rooz
๐ค SpeakerAppearances Over Time
Podcast Appearances
And you're like, because the inefficiency is so blatant and so big, you're like, okay, there's so much money can be done.
And then you chase something like that for years and you just realize the players that are going to be disrupted from said inefficiency are just too in control over that market that it's not necessarily the best place to spend your resources or goodwill.
It's a very simple idea.
You look at these portfolio kind of allocation.
If you're younger, more equities, less fixed income.
As you get older, more fixed income, less equity.
I actually think that that's a very good advice also from a career perspective.
I wish I took more risk early in my career.
And this is the advice I give for people that are fresh out of college is they keep on worrying about, you know, how their career will look like in 20 years.
And I keep on saying, you don't need to worry about that.
You need to worry about it.
100%.
But I still look back at some opportunities that I had that I did take a conservative approach.
You could look at a lot of people in crypto.
I have a funny story of someone who told me, I won't say the names, but told me that the SEC were going after them in the previous administration.
And the CEO said, yeah, we're just not going to respond to this.
We're just going to stay away from the U.S.,
And when the new administration came in, said former boss and the person I know, an email say, I told you, you know, it's like, and I'm not saying that that's necessarily the right thing to do.
But my point is even through digital asset, I think that there were better, more opportunities where I should have taken more risk in the early days of the company that set the trajectory better long-term.
I think that a lot of people are very focused of how their boss would view them in the early days of their career.