Rapid Response: Invest in first principles, w/Sarah Levy, Betterment CEO
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 24 February 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
It may appear off-brand for Betterment, a digital investment adviser, to acquire a cryptocurrency investing platform. But CEO Sarah Levy explains that Betterment, positioned around its long-term diversification philosophy, has approached this volatile space with their tried-and-true principles top of mind. “Once we believe that an asset class is here to stay,” she says, “the question is: how do we responsibly incorporate that alongside a traditional investment strategy?” Levy, who became CEO in the midst of the pandemic, offers an intriguing perspective on how new, fast-moving digital finance platforms are shifting the norms of the industry. “We are not saddled with legacy businesses here that prevent us from chasing new dreams.”
Read a transcript of this episode: https://mastersofscale.com
Subscribe to the Masters of Scale weekly newsletter: http://eepurl.com/dlirtX
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hi listeners, it's Reed. If you've ever felt stuck, if you can't get out of a rut or |
| 0:05.1 | over a hurdle, well, you're in good company. Every entrepreneur I've spoken to on Master's |
| 0:10.1 | scale has faced that moment at some point in their career. And so have most of the world's |
| 0:15.9 | greatest artists and creators. In fact, anyone who has ever tried to bring a bold, new |
| 0:21.3 | vision of life can probably relate. That's why I want to recommend another podcast that |
| 0:27.1 | will help you break out of the mold and cultivate a creative mindset. It's called Spark and Fire, |
| 0:34.0 | and it's produced by the same award-winning team that's behind Master's scale. Spark and Fire |
| 0:39.1 | is designed to fuel your creativity and innovation with epic stories and memorable takeaways from |
| 0:45.2 | creators at the top of their game. So take a quick moment right now to search for Spark and Fire |
| 0:51.6 | in your podcast player and follow the show. I've gotten a sneak peek in the some of their upcoming |
| 0:57.2 | episodes and trust me, you won't want to miss what's in store. There's so many subcultures |
| 1:04.6 | happening within the cryptocurrency space. Over 17,000 different digital assets available. And so |
| 1:11.3 | how do you even know where to start? I was doing day trading in the late 90s thinking that was a lot |
| 1:16.8 | of fun and thinking it was easy to make money, but the truth of the matter is that doesn't always |
| 1:20.8 | end well. This current kind of super active trading is really just an extension of what |
| 1:27.0 | betterment pioneered, right? The democratization of finance. When the markets are rising, everyone |
| 1:33.6 | thinks they're a winner. You know, in times of volatility, that's when our investing philosophy |
| 1:38.7 | withstands the test of time. That's Sarah Levy, CEO of Betterment, the digital investment advisor |
| 1:47.5 | known for its somewhat traditional investing philosophy that just made an intriguing move by |
| 1:52.0 | buying a cryptocurrency platform. I'm Bob Safian, former editor of Fast Company founder of the |
| 1:57.6 | flux group and host of Master's of Scale Rapid Response. I wanted to talk to Sarah because |
| 2:02.7 | volatility in the investment markets has quickly escalated for cryptocurrency and all asset classes. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from WaitWhat, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of WaitWhat and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.