Jeff Chang, co-founder and president of Vest, discusses outcome-oriented investing and the evolution of buffer funds. Chang details his diverse background, from the U.S. Naval Academy to starting a flat-screen TV company, and how those experiences shaped his approach to finance. He emphasizes the importance of grit, influence, and creativity over intelligence in building a successful company. The conversation covers Vest's focus on providing downside protection and income generation through ETFs, particularly for financial professionals. Chang also touches on the potential of AI and the need for investors to think beyond traditional stocks and bonds, advocating for hedging strategies to manage risk in uncertain markets.
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