DAVID DODD

David Dodd (1895–1988) was an American economist, financial analyst, and educator, best known for his collaboration with Benjamin Graham on the seminal work “Security Analysis.” Here’s a brief overview of his life and contributions:

Early Life and Education: David Dodd was born in 1895. He graduated from the University of Colorado with a degree in economics and went on to earn his master’s degree in business administration from Columbia University.

Collaboration with Benjamin Graham: Dodd met Benjamin Graham while studying at Columbia Business School. The two formed a close professional and personal relationship. Together, they co-authored “Security Analysis,” first published in 1934. This book laid the foundation for modern security analysis and value investing. Dodd and Graham emphasized the importance of thorough analysis, financial statements, and intrinsic value in evaluating investment opportunities.

Teaching Career: Dodd joined the faculty of Columbia Business School in 1925, where he taught finance and investment analysis for many years. He played a significant role in shaping the curriculum and influencing generations of students with his rigorous approach to investment analysis.

Other Contributions: In addition to “Security Analysis,” Dodd wrote several other books and articles on finance and investment. He also served as a consultant to various businesses and government agencies.

Legacy: David Dodd’s collaboration with Benjamin Graham has left an indelible mark on the field of finance and investment. “Security Analysis” remains a classic text and is considered essential reading for anyone interested in value investing and security analysis. Dodd’s contributions to education and his dedication to the principles of sound investing continue to influence investors and analysts to this day.

David Dodd’s work alongside Benjamin Graham helped establish the intellectual framework for modern investment analysis, and his teachings have had a lasting impact on the field of finance.

 

Warren Buffet – Biography and Life Principles

Warren Buffett, born on August 30, 1930, is one of the most successful investors of all time and one of the wealthiest people in the world. Here’s an overview of his life and career:

Early Life and Education: Buffett was born in Omaha, Nebraska, USA. He displayed an interest in business and investing from a young age, delivering newspapers as a boy and investing in stocks while still in high school. He studied at the University of Pennsylvania’s Wharton School before transferring to the University of Nebraska, where he earned a bachelor’s degree in business administration. He later earned a master’s degree in economics from Columbia Business School, where he studied under Benjamin Graham, the father of value investing.

Early Career: Buffett began his career working for his father’s investment firm and later as a stockbroker. In 1956, he started his own investment partnership, Buffett Partnership Ltd., with initial investments from family and friends.

Investment Philosophy: Buffett’s investment philosophy is based on value investing, which he learned from Benjamin Graham. He seeks to buy undervalued companies with strong fundamentals and long-term growth potential. He famously emphasizes the importance of buying businesses rather than just stocks and favors companies with durable competitive advantages and excellent management.

Berkshire Hathaway: In 1965, Buffett took control of Berkshire Hathaway, a struggling textile manufacturing company. Over time, he transformed it into a diversified conglomerate with holdings in insurance, railroads, utilities, consumer goods, and more. Berkshire Hathaway’s stock has become one of the most expensive in the world, and Buffett’s letters to shareholders are highly anticipated by investors.

Long-Term Success: Buffett’s track record of consistently outperforming the market has made him a legendary figure in the investment world. He has achieved this through a combination of shrewd stock picking, disciplined investing principles, and patience. Buffett famously avoids tech stocks and speculative investments, preferring companies with predictable earnings and strong competitive advantages.

 

Philanthropy: Buffett has pledged to donate the majority of his wealth to charity and is a signatory of The Giving Pledge, a commitment by some of the world’s wealthiest individuals to give away at least half of their wealth to philanthropic causes. He has donated billions of dollars to various charitable foundations, with the majority going to the Bill & Melinda Gates Foundation.

Personal Life: Despite his immense wealth, Buffett is known for his frugality and down-to-earth lifestyle. He still lives in the same modest house he bought in Omaha decades ago and is often seen dining at local restaurants. He is an avid bridge player and enjoys reading and playing the ukulele.

Warren Buffett’s life and career exemplify the principles of value investing, integrity, and long-term thinking. He is widely respected not only for his financial acumen but also for his humility and commitment to philanthropy.

Referance:Chatgpt

Watch Out His Biography Video

 

Benjamin Graham- Biography and Life Principles

Benjamin Graham (1894–1976) was a legendary figure in the world of finance and investment. He was born in London and moved to the United States with his family when he was a young child. Graham is often referred to as the “father of value investing” and is best known for his pioneering work in security analysis and his influential book, “The Intelligent Investor.”

Graham’s career in finance began in the early 1900s. After earning his degree from Columbia University, he started working on Wall Street. In 1926, he founded the Graham-Newman Corporation, an investment partnership, with his colleague Jerome Newman. This partnership was one of the earliest examples of hedge funds.

Graham’s most significant contributions to the field of finance came through his writing and teaching. In 1934, he published “Security Analysis” with David Dodd, a book that laid the groundwork for modern security analysis and value investing. This book emphasized the importance of fundamental analysis and the concept of intrinsic value, which became foundational principles for investors worldwide.

However, Graham’s most famous work is “The Intelligent Investor,” first published in 1949. In this book, Graham introduced his philosophy of value investing, advocating for a disciplined, long-term approach to stock market investing. He emphasized the importance of thorough research, margin of safety, and emotional discipline in investing.

Graham’s approach to investing was based on the idea of buying stocks when they were trading below their intrinsic value, thus providing a margin of safety against potential losses. He believed in focusing on the fundamentals of companies rather than market trends or speculation.

Throughout his career, Graham mentored numerous successful investors, including Warren Buffett, who considered Graham his mentor and the most influential figure in his investment philosophy.

In addition to his writing and investment career, Graham also taught at Columbia Business School, where he influenced generations of students with his ideas on investing. He retired from teaching in 1956 but remained active in the financial world until his death in 1976.

Benjamin Graham’s legacy continues to influence investors around the world. His emphasis on value investing, disciplined analysis, and long-term thinking remains as relevant today as it was during his lifetime.

Referance : Chargpt

 

Robert Noyce- FOUNDER OF INTEL

Robert Noyce was an American physicist, inventor, and entrepreneur who played a crucial role in the development of the integrated circuit, which revolutionized the electronics industry. Born on December 12, 1927, in Burlington, Iowa, Noyce grew up to become one of the key figures in Silicon Valley.

Noyce co-founded Fairchild Semiconductor in 1957, where he worked on the development of the integrated circuit along with his colleague Jack Kilby, who was working independently at Texas Instruments. In 1968, Noyce co-founded Intel Corporation with Gordon Moore and Andy Grove. Intel became a leading manufacturer of microprocessors and a key player in the computing revolution.

Often referred to as the “Mayor of Silicon Valley,” Noyce was known for his entrepreneurial spirit, his leadership style that fostered innovation, and his vision for the future of technology. He was also involved in various philanthropic activities and initiatives to promote science education.

Noyce’s contributions to the semiconductor industry earned him numerous honors, including the National Medal of Science in 1979. He passed away on June 3, 1990, but his legacy continues to influence technology and entrepreneurship to this day.

HIS BIOGRAPHY : WIKIPEDIA 

Biography African Leader Nelson Mandela

Nelson Mandela: A Biography

                                                                   Birth

Nelson Rolihlahla Mandela was born on July 18, 1918, in the village of Mvezo, in the Eastern Cape province of South Africa. He was born into the Madiba clan, a Xhosa-speaking tribe. His father, Gadla Henry Mphakanyiswa, was a chief, and his mother, Nosekeni Fanny, was the third of his father’s four wives.

Schooling

Mandela’s journey toward becoming a global icon of peace and reconciliation began in his youth. He attended primary school in Qunu, where he was given the name “Nelson” by his teacher, as was the custom to give students English names. He later attended Clarkebury Boarding Institute and Wesleyan College to pursue his high school education. In 1939, he enrolled at the University of Fort Hare, where he studied law but did not complete his degree due to his involvement in student protests.

Mandela moved to Johannesburg in 1941 to evade an arranged marriage and pursue a law degree at the University of Witwatersrand. There, he became increasingly involved in the anti-apartheid movement, joining the African National Congress (ANC) in 1944.

Career

In 1948, the National Party came to power in South Africa and began implementing apartheid policies, which institutionalized racial segregation and discrimination. Mandela became deeply involved in the resistance against apartheid, leading campaigns of nonviolent protest. However, as the government intensified its repression of the anti-apartheid movement, Mandela, along with other ANC leaders, concluded that peaceful resistance was not enough to bring about change.

 

Struggle

In 1961, Mandela co-founded Umkhonto we Sizwe (MK), the armed wing of the ANC, to engage in sabotage against government installations. In 1962, he was arrested and sentenced to five years in prison for incitement and leaving the country illegally. While serving this sentence, he was charged with sabotage and conspiracy to overthrow the government during the Rivonia Trial and sentenced to life imprisonment.

Struggle for Freedom

Mandela spent 27 years in prison, much of it on Robben Island. Despite harsh conditions and isolation, he remained a symbol of resistance to apartheid. Throughout his imprisonment, both domestically and internationally, there were growing calls for his release, which became a focal point of the anti-apartheid movement.

In 1990, after intense international pressure and internal reforms in South Africa, President F.W. de Klerk announced Mandela’s release. Mandela emerged from prison as a leader committed to reconciliation and negotiation. He worked closely with de Klerk to dismantle apartheid and establish multiracial elections.

Father of Nation

In 1994, South Africa held its first democratic elections, and Mandela was elected as the country’s first black president. During his presidency, Mandela focused on national reconciliation, dismantling the legacy of apartheid, and promoting social justice and equality. He established the Truth and Reconciliation Commission to address the atrocities of apartheid and promote healing.

Death

After stepping down as president in 1999, Mandela remained active in promoting peace, human rights, and social justice through his charitable foundation, the Nelson Mandela Foundation. He continued to be a global advocate for peace and reconciliation until his death on December 5, 2013, at the age of 95.

Nelson Mandela’s legacy as a statesman and peacemaker continues to inspire people worldwide. He received numerous honors, including the Nobel Peace Prize in 1993, and his life story remains a symbol of the power of forgiveness, reconciliation, and the triumph of the human spirit over adversity.

 

Referance : Wikipedia 

Sam Walton

Samuel Moore Walton, born on March 29, 1918, in Kingfisher, Oklahoma, was an American business magnate known for founding Walmart and Sam’s Club. He grew up in a farming family but moved frequently due to his father’s job as a farm appraiser and mortgage agent. During the Great Depression, his family faced financial struggles, leading Walton to take on various odd jobs to support them.

Despite the challenges, Walton excelled academically and became the youngest Eagle Scout in Missouri’s history while attending eighth grade in Shelbina, Missouri. He continued his education at the University of Missouri, where he joined the ROTC and various campus organizations, graduating with a bachelor’s degree in economics in 1940.

After college, Walton joined J.C. Penney as a management trainee but left in 1942 to serve in World War II. He eventually reached the rank of captain in the U.S. Army Intelligence Corps, supervising security at aircraft plants. Following his military service, Walton took over the management of his first variety store in Newport, Arkansas, with financial assistance from his father-in-law. This marked the beginning of his entrepreneurial journey.

With the success of his first store, Walton continued to open more Ben Franklin franchises, pioneering concepts such as offering competitive prices and ensuring well-stocked shelves. In 1950, he opened a store in Bentonville, Arkansas, which laid the foundation for the first Walmart store in 1962.

The first Walmart, located in Rogers, Arkansas, aimed to provide one-stop shopping for customers with a focus on American-made products. Walton’s strategy of locating stores in smaller towns and emphasizing logistics and efficient delivery contributed to the chain’s rapid expansion and success. By 1985, Walmart had grown from 190 stores to 800.

Throughout his career, Walton remained dedicated to his family and community. He married Helen Robson in 1943, and they had four children. Walton and his family were active in their local church and supported various charitable causes. He also integrated the concept of “service leadership” into Walmart’s corporate structure, emphasizing the importance of serving others.

Despite his business success, Walton faced health challenges, including a diagnosis of Hairy cell leukemia. He passed away on April 5, 1992, at the age of 74, leaving behind a lasting legacy as one of the most influential figures in retail history.

James Walton

James “Bud” Walton, born on December 20, 1921, in Kingfisher, Oklahoma, was the younger brother of Sam Walton, the co-founder of Walmart. Their father, Thomas Gibson Walton, worked as a farm appraiser and mortgage agent, leading the family to move frequently during Bud’s childhood. They lived in various places including Springfield, Missouri, Marshall, Shelbina, and Columbia.

Growing up, Bud and his brother worked on the family farm, with Bud taking on odd jobs like delivering newspapers and working as a lifeguard to support the family. He attended David H. Hickman High School in Columbia, where he was active in sports and served as the senior class president. After high school, he attended Wentworth Military Academy in Lexington, Missouri, before serving as a Navy pilot in World War II, where he met his wife Audrey. They had two daughters, Ann and Nancy.

Bud Walton’s career in retail began alongside his brother Sam in the Ben Franklin Stores, a franchise of Butler Brothers of Chicago. Their venture into retail eventually led to the establishment of Walmart Stores Inc. On April 7, 1983, the first Sam’s Club, named after Sam Walton, opened in Midwest City, Oklahoma.

Apart from his contributions to the retail industry, Bud Walton was also known for his philanthropy. Along with his brother, he donated $150,000 for the construction of the Thomas G. Walton Building, named after their father, which housed the Columbia Chamber of Commerce and Columbia Convention and Visitors Bureau. He also donated $15 million for the construction of Bud Walton Arena at the University of Arkansas in Fayetteville, and supported initiatives like the James L. “Bud” Walton Chair of Retailing at the College of the Ozarks in Point Lookout, Missouri.

Sadly, Bud Walton passed away on March 21, 1995, in Miami, Florida, at the age of 73, following surgery for an aneurysm. He was laid to rest in Memorial Park Cemetery in Columbia, Missouri, leaving behind a legacy of entrepreneurial success and philanthropic contributions.

Biography Video

 

Larry Fink

Early Life and Education

Laurence Douglas Fink was born on November 2, 1952, into a Jewish family in Van Nuys, California. His parents were Lila, an English professor, and Frederick, a shoe store owner. Fink earned a BA in political science from UCLA in 1974 and later pursued an MBA in real estate at the UCLA Anderson School of Management, graduating in 1976.

Career Beginnings

Fink commenced his career in 1976 at First Boston, a New York-based investment bank, where he specialized in mortgage-backed securities trading. He quickly rose through the ranks, eventually managing the firm’s bond department and spearheading initiatives such as the Financial Futures and Options Department. However, his tenure at First Boston faced a setback in 1986 when his department incurred losses of $100 million due to an incorrect interest rate prediction.

Founding BlackRock

In 1988, Fink co-founded BlackRock under the umbrella of The Blackstone Group. Despite facing challenges, including a significant loss in his previous role, Fink’s vision for a company that combined investment management with comprehensive risk management propelled BlackRock’s success. The company split from Blackstone in 1994, with Fink assuming the role of director and CEO. Under his leadership, BlackRock went public in 1999, marking a significant milestone in its growth trajectory.

Expansion and Challenges

Throughout the 2000s, Fink navigated BlackRock through periods of expansion and challenges. Notable milestones during this time included the merger with Merrill Lynch Investment Managers in 2006, which doubled BlackRock’s asset management portfolio. However, challenges such as the default of the Stuyvesant Town–Peter Cooper Village housing complex deal in Manhattan led to losses for BlackRock clients.

Influence and Recognition

Fink’s influence extended beyond the financial sector, with his involvement in negotiating the resignation of the CEO of the New York Stock Exchange, Richard Grasso, in 2003. He also played a pivotal role in aiding the U.S. government’s recovery efforts after the 2008 financial crisis. Fink’s leadership garnered recognition, including the ABANA Achievement Award in 2016 and a place on the Forbes list of The World’s Most Powerful People in 2018.

Community Involvement and Advocacy

Beyond his corporate responsibilities, Fink is actively involved in various philanthropic endeavors and serves on the boards of several organizations, including New York University and the Robin Hood Foundation. He has been vocal about corporate responsibility, advocating for corporations to address environmental, social, and political issues. Fink’s calls for action have been met with both praise and criticism, particularly regarding BlackRock’s investments in certain industries.

Personal Life and Public Perception

Fink is married to Lori Weider, his high-school sweetheart, and they have three children. He is a supporter of the Democratic Party and owns properties in New York, Colorado, and North Salem, New York. Despite his philanthropic efforts and advocacy for corporate responsibility, Fink has faced scrutiny, particularly regarding BlackRock’s investments in industries such as defense. However, he remains committed to advocating for positive societal change, including addressing climate change.

 

Referance: Wikipedia 

Biography Videos

Lisa Su

Lisa Tzwu-Fang Su’s journey from a curious child fascinated by engineering to becoming one of the most influential figures in the semiconductor industry is a testament to her exceptional talent and dedication. Born in Taiwan and raised in the United States, Su’s early exposure to mathematics and science, coupled with her parents’ encouragement, laid the foundation for her future success.

After graduating from the Bronx High School of Science, Su pursued her passion for electrical engineering at the Massachusetts Institute of Technology (MIT). Her academic journey at MIT, where she earned both her bachelor’s and master’s degrees, was marked by groundbreaking research in silicon-on-insulator (SOI) technology, foreshadowing her future contributions to the semiconductor field.

Su’s professional career took off at Texas Instruments and later at IBM, where she played a pivotal role in developing innovative semiconductor manufacturing technologies, including the adoption of copper connections in semiconductor chips. Her leadership and expertise earned her recognition as a top innovator under 35 by MIT Technology Review and paved the way for her ascent through the ranks at IBM, eventually becoming vice president of IBM’s Semiconductor Research and Development Center.

In subsequent roles at IBM and later at Freescale Semiconductor, where she served as chief technology officer and senior vice president, Su continued to demonstrate her strategic vision and technical prowess. Her tenure at Freescale was marked by significant achievements, including the successful filing for an IPO in 2011, underlining her reputation as a transformational leader in the semiconductor industry.

Su’s trajectory reached new heights when she joined AMD in 2012 and assumed various leadership positions before being appointed president and CEO in 2014. Under her guidance, AMD underwent a remarkable transformation, diversifying its product portfolio and expanding into new markets such as gaming, datacenter, and immersive platforms. Su’s strategic initiatives propelled AMD to unprecedented growth, earning her accolades such as Fortune’s World’s Greatest Leaders and Barron’s World’s Best CEO.

Beyond her professional achievements, Su has been recognized for her contributions to the advancement of women in technology and her philanthropic endeavors. She has received numerous awards and honors, including being named one of the 100 Most Powerful Women by Forbes and induction into the Women in Technology Hall of Fame.

As of 2024, Su’s impact on the semiconductor industry and her estimated net worth of over $1 billion underscore her status as a trailblazer and visionary leader, inspiring generations to come in the fields of science, technology, engineering, and mathematics (STEM).

Mark Zuckerberg

Mark Zuckerberg, the co-founder of Facebook and chairman of Meta Platforms, has traversed a remarkable path in the technology industry, marked by unprecedented success, philanthropy, and enduring controversies.

Zuckerberg’s journey began in his Harvard dorm room in 2004, where he and his roommates launched Facebook, a social media platform that rapidly expanded from college campuses to a global phenomenon, reaching one billion users by 2012. His entrepreneurial prowess catapulted him to become the world’s youngest self-made billionaire at the age of 23.

Beyond his entrepreneurial endeavors, Zuckerberg has demonstrated a commitment to philanthropy through initiatives like the Chan Zuckerberg Initiative, utilizing his wealth to address pressing societal challenges.

However, Zuckerberg’s ascent has not been without its share of challenges. Legal battles surrounding the creation and ownership of Facebook, as well as controversies over user privacy, have frequently drawn scrutiny. High-profile lawsuits, including those from former partners and privacy advocates, have punctuated his career.

Moreover, Zuckerberg’s foray into the political arena, particularly concerning issues like immigration and internet regulation, has further amplified his public profile. Testifying before Congress on multiple occasions, Zuckerberg has been grilled on Facebook’s handling of personal data and its role in shaping public discourse.

Despite these controversies, Zuckerberg remains a central figure in the technology landscape, continually pushing boundaries with initiatives like Internet.org to expand global internet access and Breakthrough Starshot to explore space exploration.

As Zuckerberg continues to navigate the intersection of technology, business, and society, his legacy will undoubtedly be shaped by both his innovative contributions and the controversies that have accompanied them.

 

 

Mark Zuckerberg

$182B

Random fact:
Married Priscilla Chan a day after Facebook started trading.

Overview

Zuckerberg is co-founder and chief executive of Meta Platforms, the company behind Facebook — the world’s largest social-network. The Menlo Park, California-based business had revenue of $134.9 billion in 2023 and has about 4 billion monthly users. Its initial public offering in 2012 was the biggest-ever technology IPO at the time.

As of April 13, 2024, 10:02 PM EDT
:
Last change

-$3.86B (
-3.0%)

YTD change

+$53.5B (
+41.8%)

Biggest asset

META US Equity
Country / Region

United States
Age

39
Industry

Technology

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Net Worth Summary

Cash

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Confidence rating:

The majority of Zuckerberg’s fortune is derived from a stake of about 13% in Meta Platforms, formerly Facebook, based on a March 2024 filing.

Facebook is the world’s largest social network. Meta Platforms has about 4 billion active users each month including about 3 billion on Facebook, according to a February 2024 company presentation. The company sold shares in an initial public offering on May 17, 2012 in what was the biggest technology IPO in history at the time.

The billionaire owns the shares through a series of trusts and holding companies, according to the proxy. He plans to give away 99% of his shares over his lifetime, according to a December 2015 SEC filing. Zuckerberg started selling shares in August 2016 to fund his philanthropy and in Bloomberg’s calculation he isn’t credited with the value of any sales proceeds that fund charitable work. He’s still credited with those shares he plans to give away because he still owns them.

The value of his cash investments is based on an analysis of insider transactions — mostly the sale of Facebook shares valued by an analysis of Bloomberg data and company filings — as well as taxes, property purchases, philanthropic giving and market performance.

Baiju Prafulkumar Bhatt

Baiju Prafulkumar Bhatt, an American entrepreneur of Indian descent, has left an indelible mark on the financial technology landscape as the co-founder of Robinhood, a leading US-based financial services company. Born in 1984 or 1985, Bhatt spent his formative years in Poquoson, Virginia, as the son of Indian immigrants. He embarked on his academic journey at Stanford University, where he earned a bachelor’s degree in physics and subsequently completed a master’s degree in mathematics in 2008. It was during his time at Stanford that Bhatt crossed paths with his future business partner, Vladimir Tenev, laying the foundation for their groundbreaking venture.

In 2013, Bhatt teamed up with Tenev to co-found Robinhood, driven by their observations of the systemic issues plaguing the financial industry, notably highlighted during the 2011 Occupy Wall Street protests. Robinhood’s mission to democratize finance struck a chord with investors, and the platform’s mobile app launch in 2015 further solidified its position as a disruptive force in the market. The company’s valuation soared to $6 billion following a significant funding round in May 2018, propelling both Bhatt and Tenev into the billionaire ranks.

Bhatt’s entrepreneurial prowess and vision have earned him widespread recognition and accolades. He has been a featured speaker at prominent events such as Disrupt SF 2018, where he announced plans for Robinhood’s IPO in 2019. Additionally, Bhatt has been honored as one of the Goldhouse 100 most impactful Asians in 2021, showcasing his influence and contribution to the Asian community. His inclusion in Fast Company’s “Most Creative People” list in 2017 and Forbes’ “30 Under 30” list in 2016 further underscore his status as a trailblazer in the business world.

Beyond his professional achievements, Bhatt leads a fulfilling personal life with his wife, Adrienne Sussman, and their child, residing in Palo Alto, California. His story has even made its way into popular culture, with actor Rushi Kota portraying him in the 2023 film “Dumb Money,” which explores the GameStop short squeeze—an event that underscored the complexities of modern finance and Robinhood’s role within it.

In summary, Baiju Bhatt’s journey from Stanford University to co-founding Robinhood epitomizes the American Dream, showcasing the transformative power of innovation and entrepreneurship in reshaping industries and empowering individuals. His continued impact on the fintech landscape serves as an inspiration for aspiring entrepreneurs and investors worldwide.

Vladimir Tenev

Vladimir Tenev, born on February 13, 1987, in Varna, Bulgaria, is a Bulgarian-American entrepreneur known as the co-founder and CEO of Robinhood, a prominent US-based financial technology services company. Tenev’s parents migrated to the United States when he was five years old, both working for the World Bank. He attended Thomas Jefferson High School for Science and Technology in Fairfax County, Virginia.

Tenev pursued his higher education at Stanford University, where he earned a degree in mathematics and crossed paths with his future business partner, Baiju Bhatt. While initially studying for a mathematics Ph.D. at UCLA, he dropped out to embark on entrepreneurial ventures with Bhatt.

In 2010, Tenev and Bhatt founded a high-frequency trading software company called Celeris, which they later abandoned to establish Chronos Research in January 2011. Chronos Research specialized in selling low-latency software to other trading firms and banks.

Their most notable venture, however, came in 2013 when Tenev and Bhatt co-founded Robinhood, a revolutionary trading platform. Robinhood aimed to democratize finance by offering commission-free trading, challenging the traditional brokerage model. The platform gained significant traction, especially after the launch of its mobile app to the public in 2015.

Tenev’s leadership saw Robinhood grow exponentially, attracting billions in valuation following funding rounds. In November 2020, he became the sole CEO of Robinhood, having previously shared the co-CEO title with Bhatt. The company went public via an initial public offering in July 2021, achieving a valuation of $32 billion.

However, Robinhood faced intense scrutiny during the GameStop short squeeze in January 2021. Tenev defended Robinhood’s decision to restrict trading, citing the need to meet federal clearinghouse deposit requirements. He testified before the United States House Committee on Financial Services, facing criticism from both parties for his handling of the situation.

Tenev’s journey exemplifies the entrepreneurial spirit and innovation in the fintech industry, although it has been marked by challenges and controversies. Despite this, he continues to lead Robinhood in its mission to empower individuals in the world of finance.

Visit:Robinhood

Interview

 

Steve Jobs

Book review: 'Steve Jobs' by Walter Isaacson - The Verge

Introduction:

Steve Jobs, the co-founder of Apple Inc., is widely regarded as one of the most influential figures in the history of technology and business. His visionary leadership, relentless pursuit of excellence, and iconic product launches have left an indelible mark on the world. In this biography, we delve into the life of Steve Jobs, exploring his early years, his career at Apple, his personal and professional triumphs, as well as his enduring legacy.

Early Life and Education:

Steven Paul Jobs was born on February 24, 1955, in San Francisco, California, to Abdulfattah Jandali and Joanne Schieble. He was adopted by Paul and Clara Jobs, a working-class couple from Mountain View, California. From an early age, Jobs showed a keen interest in electronics and mechanics. He often tinkered with gadgets in his father’s workshop, foreshadowing his future as a tech visionary.

Jobs attended Reed College but dropped out after just one semester. However, he continued to audit classes, including a calligraphy course that later influenced the typography and design of Apple products. Jobs traveled to India in search of spiritual enlightenment and returned to the United States with a newfound sense of purpose.

Founding of Apple:

In 1976, Jobs co-founded Apple Computer, Inc., with his friend Steve Wozniak and Ronald Wayne, in the Jobs family garage. Their first product, the Apple I, was a modest success, but it was the introduction of the Apple II that catapulted the company to fame. The Apple II was the first consumer-friendly personal computer, featuring a keyboard and color graphics—an innovation that revolutionized the industry.

Despite his early success, Jobs clashed with colleagues and was eventually ousted from Apple in 1985. Undeterred, he embarked on new ventures, founding NeXT Inc. and acquiring Pixar Animation Studios, which would later produce blockbuster hits like “Toy Story” and “Finding Nemo.”

Return to Apple and Innovation:

In 1997, Apple acquired NeXT, bringing Jobs back into the fold. He assumed the role of CEO and began a remarkable turnaround of the struggling company. Under his leadership, Apple introduced a series of groundbreaking products, including the iMac, iPod, iPhone, and iPad. Jobs had an unparalleled ability to anticipate consumer needs and design products that were both aesthetically pleasing and intuitive to use.

Legacy:

Steve Jobs passed away on October 5, 2011, after a long battle with pancreatic cancer. His death sparked an outpouring of grief from around the world, as millions mourned the loss of a visionary leader. Jobs’ legacy lives on through Apple, which continues to innovate and push the boundaries of technology.

Beyond his contributions to the tech industry, Jobs’ impact extends to design, creativity, and entrepreneurship. He embodied the spirit of innovation and inspired countless individuals to think differently and pursue their passions relentlessly.

In conclusion, Steve Jobs’ life is a testament to the power of vision, perseverance, and passion. His journey from college dropout to tech icon serves as an inspiration to us all, reminding us that anything is possible with the right mindset and determination.