Details: 

• 0:00~1:02 Introduction
• 1:02~2:03 Jakob’s background
• 2:03~3:21 Early money lessons and interest in personal finance
• 3:21~4:22 First-ever stock investment
• 4:22~5:58 Favorite investing books
• 5:58~7:16 Tik Tok, Wall Street Bets, and StockTwits
• 7:16~9:10 Opinion on index funds
• 9:10~11:24 On the Young Investors Network
• 11:24~14:12 Young adults starting to invest on Robinhood
• 14:12~15:50 Access to personal finance education at Jakob’s school
• 15:50~17:19 Three most important things to think about when starting to invest
• 17:19~21:04 How Jakob evaluates companies
• 21:04~24:10 Aspirations to major in Finance and Computer Science
• 24:10~25:13 Conclusion

Resources:

• The Young Investors Network
• One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
• Good Stocks Cheap: Value Investing with Confidence for a Lifetime of Stock Market Outperformance
• The Essays of Warren Buffett: Lessons for Corporate America
• The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution

Quote:

• “[When I started up the Young Investors Network] I originally was thinking that there aren’t many student-run organizations of investors. They were mostly run by people who already work in the industry. I think it’s cool to have a network of like-minded [young] people with similar interests.”

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.