meta_pixel
Tapesearch Logo
Log in
Real Vision: Finance & Investing

My Life in 4 Trades - Michael Venuto Can See Crypto’s Bright Future From Here

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 3 September 2022

⏱️ 48 minutes

🧾️ Download transcript

Summary

Michael Venuto, a co-founder and the chief investment officer of Toroso Investments, joins Maggie Lake to talk about what he learned during his chaotic stretch on the New York Stock Exchange, how he got burned trading Royal Caribbean options in 2009, and why blockchain-traded funds will eventually replace ETFs. Never miss an episode of My Life in 4 Trades - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Here's what's coming up on this edition of My Life in Four Traits.

0:09.6

I read the paper sometime in 2016 and my immediate reaction wasn't wow Bitcoin is amazing.

0:17.8

My immediate reaction was holy shit this technology can put ETFs at a business.

0:22.8

Hi everyone, welcome to another edition of My Life in Four Traits. Joining me today is Michael

0:30.4

Venuto, co-founder and CIO of Taroso Investments. Enjoy the conversation.

0:38.4

Hi Michael, welcome to My Life in Four Traits. Hi Maggie, happy to be here.

0:42.6

Well, happy to have you. So before we jump into your trades, we always like to just find out a

0:48.2

little bit about you, your background, where to grow up and what were the early years like?

0:54.8

Sure, so I actually was born in New York, but grew up in North Carolina.

1:01.6

It was a very different world than New York. So I guess we moved there when I was about 10.

1:08.4

I was very lucky to use all the things of the education system down there. It was a little bit

1:13.3

different up here in New York. I went to like Catholic school and a very strict education down there.

1:21.3

I participated in, you know, chess and and honestly of the mind to debate all these things that

1:28.8

really helped me have a real career and I really believe strongly in the extracurricular.

1:36.5

Yesterday on one of our spaces, we actually had Gary Kasbroth, the famous chess player and now,

1:42.6

you know, I guess politician to some degree, you know, he's one of the few vocal voices that

1:48.8

was challenging Putin ahead of time and we talked a lot about his book, but I had mentioned on

1:53.8

the spaces that I'm more likely to hire somebody with a chess rating than an awarding degree

2:00.1

when I get a resume. So I strongly believe in that. Why is that? I just think that the ability to think

2:08.0

differently than what you're programmed is what makes a good investor. I remember like AP English,

2:14.5

the Mrs. Fisherman, that was my AP English teacher. I don't think I've said that in 30 years,

2:20.2

but I guess it would be 20, I'm not that old. I remember her saying this quote that I loved,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.