36 min
A Successful Transition to Investing with Steve Young The Important Part: Investing with Liz Young
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- Investing
Steve Young is most well known for his NFL accolades, but since his retirement from the 49ers he’s built another type of empire as Partner, Chairman and Co-founder of private equity firm, HGGC. In this episode, SoFi's Head of Investment Strategy Liz Young sits down with Steve to discuss his career transition into business, what it takes to evaluate a new investment, and what alternatives can bring to the game.
Notable mentions in episode:
(00:00) Intro
(02:58) Transitioning from football into business
(07:38) Succeeding by harnessing vulnerability
(10:47) Steve’s advice for new investors? Be a forever student
(14:29) Private Equity vs. Public Market Investing
(17:02) Investment evaluation starts with the people in charge
(21:39) Don’t just chase the success story
(23:00) How do you know when an investment has failed?
(25:52) The fine art of portfolio construction
(29:16) Where do alternatives fit into the equation?
(31:24) The Hot Minute
(33:40) Liz’s Takeaways
Additional resources:
SoFi Daily Podcast: 5-minute daily episodes covering the latest business, economic, and stock market news you need to start your day. The SoFi Daily Pod is available on Apple and Spotify, or wherever you get your podcasts.
SoFi Daily Newsletter: Sign up for the SoFi Daily to receive the latest financial news in your inbox every day.
Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.
Wealth Investing Guide: Information you need to know to make your money work harder for you.
Recommended reading:
A Guide to Alternative Investing
What Are Alternative Investments?
Private Equity: Examples, Ways to Invest
Steve Young is most well known for his NFL accolades, but since his retirement from the 49ers he’s built another type of empire as Partner, Chairman and Co-founder of private equity firm, HGGC. In this episode, SoFi's Head of Investment Strategy Liz Young sits down with Steve to discuss his career transition into business, what it takes to evaluate a new investment, and what alternatives can bring to the game.
Notable mentions in episode:
(00:00) Intro
(02:58) Transitioning from football into business
(07:38) Succeeding by harnessing vulnerability
(10:47) Steve’s advice for new investors? Be a forever student
(14:29) Private Equity vs. Public Market Investing
(17:02) Investment evaluation starts with the people in charge
(21:39) Don’t just chase the success story
(23:00) How do you know when an investment has failed?
(25:52) The fine art of portfolio construction
(29:16) Where do alternatives fit into the equation?
(31:24) The Hot Minute
(33:40) Liz’s Takeaways
Additional resources:
SoFi Daily Podcast: 5-minute daily episodes covering the latest business, economic, and stock market news you need to start your day. The SoFi Daily Pod is available on Apple and Spotify, or wherever you get your podcasts.
SoFi Daily Newsletter: Sign up for the SoFi Daily to receive the latest financial news in your inbox every day.
Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.
Wealth Investing Guide: Information you need to know to make your money work harder for you.
Recommended reading:
A Guide to Alternative Investing
What Are Alternative Investments?
Private Equity: Examples, Ways to Invest
36 min