Ex-Wall Street & Market Expert Talks About Life in the Financial Crisis of 2008 & What We Can Expect in the Years to Come

 

 

 

Guest Bio:

As Chief Investment Officer, Kurt heads the TownSquare investment committee in the design and construction of client portfolios including asset class selection and the vetting of outside money managers.  With nearly 25 years of both buy and sell-side capital markets experience, Kurt has managed portfolios for Fortune 500 companies, hedge funds, university endowments, Taft Hartley plans, bank trust portfolios, and individual retirement accounts. Prior to forming TownSquare, Kurt was a principal at Alta Capital, a high-quality growth equity manager based in Salt Lake City, Utah. During his 12 years with Alta, Kurt helped grow the firm’s assets under management from $300 million to over $3 billion.  In addition to his investment work, Kurt is frequently called upon to speak at investment conferences, universities, and CPA and Estate Planning conferences.  Topics include capital markets inefficiencies and conflicts of interest associated with investment products and brokerage firms. Prior to Alta, Kurt was with Black Rock Capital and Bank of America / Montgomery Securities where he advised institutional clients on trading and risk management issues including the divestiture and hedging of concentrated equity positions and the creation of a structured product.  Kurt studied Finance and Economics at Brigham Young University where he currently serves as an adjunct professor and board member of The Ballard Center for Economic Self Reliance.

 

 

Show Notes

 

• Introduction (1:53)

• Kurt's fund and what exactly they specialize in (2:30)

• How did Kurt get into managing billions of dollars of business (3:03)

• What are some good ways that you can make money while investing (5:35)

• What it is like working inside of Wall Street (14:05)

• How does an average person invest without being screwed over (16:11)

• Being able to learn the process before jumping in (17:30)

• How did Kurt get through the 2008 crisis (21:00)

• How can you brace yourself for a market crash (23:12)

• What would Kurt do if he was listening to this show right now (26:42)

• How to stay away from change because of fear (33:03)