A Successful Transition to Investing with Steve Young

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 Thomas 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. For more, read Liz’s column every Thursday at On The Money by SoFi, sign up for the SoFi Daily Newsletter, and follow Liz on Twitter @LizThomasStrat. Notable mentions in the 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 This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal. ©2024 Social Finance, Inc. All Rights Reserved.

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How can you achieve your financial goals and build wealth with your investments? Liz Thomas, Head of Investment Strategy at SoFi, guides listeners through today’s top-of-mind trends in investing and breaks them down into digestible and actionable pieces.  Covering topics including managing your portfolio, retail investing, inflation, market cycles, real estate, and more, Liz speaks with industry experts armed with knowledge to help investors achieve their goals.  There’s so much information out there about macroeconomics, stock analysis, and how to approach your investments. Liz and her special guests help listeners get to the important part — how all of this matters to investors as they work toward their goals of building wealth.  The Important Part: Investing With Liz Thomas is back for Season Three, and episodes drop monthly. For more, read Liz’s column every Thursday on SoFi’s website, sign up for the SoFi Daily newsletter, and follow Liz on Twitter @LizThomasStrat. This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal. ©2024 Social Finance, Inc. All Rights Reserved.