“It takes more time and you have to make more investment if you're going to automate… but it pays dividends down the road.”

Shiv Verma · Run the Numbers · Robinhood's CFO on Refounding & the Art of Capital Allocation | Shiv Verma

Play from 24:51
24:51

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Invest in automating processes upfront despite higher initial cost to reduce long-term headcount needs

Said nearby on the same subject

“My personal investing philosophy is… keep investing, dollar cost averaging to build my long-term wealth”
♫
Said on Australian Investors Podcast
Why it worked Share this moment
“Retirement spending can be described as a smile, higher in the initial phase, then reduces, then goes higher again at the back end”
♫
Said on Financial Autonomy
How they work Share this moment
“By automating the podcast production process with AI, from market research to idea generation to scripts to voices, they'd reduce the price to make an episode to a dollar or less, and the time to under an hour.”
♫
Said on Shell Game
Why it worked $1 per episode cost, under an hour production time Share this moment
“One percent more in fees than you need to pay will cost you a decade of retirement income over the long term because of compounding”
♫
Said on Tony Robbins Podcast Daily
Hard number 1% fee extra = ~10 years of retirement income lost Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.