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He has been quoted multiple times stating how his grandmother helped him develop a strong set of values and ethics system which have guided him ever since he was a boy. One of the first reforms he put in place was setting a retirement age. His grandmother taught him to the importance of retaining dignity at all costs.
So, you start the blog in 2004, more or less. That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. RITHOLTZ: if you’re one latte away from your retirement being messed up you got bigger … SETHI: Bigger problems. SETHI: Yes.
I’ll have to be when I retire and publish under Anonymous. It was a spin out from, so this would have been 2004, spin out from a well-known prop group, to my point on doing work for a lot of the prop groups. WEINSTEIN: Table stakes, good intellectual horsepower, work ethic, training, and a history of results.
And so, I was doing that in 2000, 2002, 2003, 2004. So it’s unusual though to have that much work ethic, that much drive and say, yeah, I want all the investors to have the money. RITHOLTZ: You made my retirement …. RITHOLTZ: (Inaudible), right. BALCHUNAS: … is really what we — we did. And in 2006, I got a hand at ETFs.
00:32:34 [Speaker Changed] Yeah, this is really something that’s very important to me in terms of when I think about the industry and like what are the big problems that are, that are facing the industry, what’s really causing investors not to get as much money in their retirement accounts as we possibly could get there.
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