27 Feb 2026
1h 9m

Financial Products for Hedging with Vest Co-Founder Jeff Chang

Podcast cover

Masters in Business

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.

Outlines

Part 1: Background and Entrepreneurial Origins

Part 2: The Birth of Vest and Y Combinator

Part 3: Investment Strategy and Buffer ETFs

Part 4: Income Generation and Specialized Products

Part 5: Future Outlook and Personal Philosophy

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