If you want to just take their advice and do it yourself, you can.
Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams.Ĭheck out /tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you - for free - exactly the portfolio they’d put you in. In fact, some of my good investor friends in Silicon Valley have millions of their own money in Wealthfront. It has exploded in popularity in the last two years and now has more than $4B under management. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service, led by technologists from places like Apple and world-famous investors. This podcast is brought to you by Wealthfront. I hope you enjoy listening to it as much as I enjoyed recording it! This is a wide-ranging conversation (aka conversational parkour) with lots of takeaways. In his spare time, he’s also become pen pals with Warren Buffett. He was later invited to join a well-known quant fund to develop statistical trading models, and since, he has established himself as an independent global macro advisor to the chief investment officers of a select group of the world’s most successful hedge funds and family offices.
After selling his interest in The Princeton Review, Adam turned his attention in the early ’90s to the then-emerging field of artificial intelligence, developing a program that could analyze text and provide human-like commentary. His paradigm-breaking - or “category killing,” as they say in publishing - test-prep book, The SAT: Cracking the System, is the only test-prep book ever to have become a New York Times bestseller. Then, in his first career, he developed a revolutionary approach to taking standardized tests as one of the two original co-founders of The Princeton Review. As a teenager, he was personally mentored by Bobby Fischer in the 18 months leading up to his winning the world championship. He is a rated chess master who was awarded a Life Title by the United States Chess Federation.
“Geniuses have very limited toolsets - they have a hammer, and their genius is in looking for nails.”Īdam Robinson ( first appeared on this podcast in the “Becoming the Best Version of You” episode (#210) alongside Josh Waitzkin (chess, jiu-jitsu, investing) and Ramit Sethi (personal finance, entrepreneurship).īy popular demand, this is a dedicated episode of Adam’s stories and life lessons.Īdam Robinson has made a lifelong study of outflanking and outsmarting the competition.