IN THIS EPISODE, YOU’LL LEARN:

• What millennials, who are currently 4X poorer than Baby Boomers, can do to keep up their investing game.
• The strategies that Titan offers.
• Joe’s operational framework for Titan.
• Tips from some of Joe’s biggest mentors.
• What Joe learned from working at McKinsey and Goldman Sachs and also, what he did not learn.
• And a whole lot more!

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

Trey Lockerbie (00:03):
On today’s episode, I sit down with Joe Percoco, the co-founder and co-CEO of Titan, an investing platform with a mission to take on legacy institutions, such as Fidelity and democratize access to high finance strategies.

Trey Lockerbie (00:17):
Titan has over $1 billion in assets under management and recently closed a $58 million round led by Andreesen Horowitz. In this episode, we discuss what millennials who are currently 4x poorer than baby boomers can do to keep up their investing game, the strategies that Titan offers, Joe’s operational framework for running his business, tips from some of Joe’s biggest mentors, what he learned from looking at McKinsey and Goldman Sachs, and also what he did not learn and a whole lot more.

Trey Lockerbie (00:46):
I love speaking with founders and I sometimes can’t help myself but peer into their operational approach to running their business. So this episode certainly highlights some of Joe’s amazing entrepreneurial journey. I hope you enjoy. Here’s my conversation with Joe Percoco.

Intro (01:03):
You are listening to The Investor’s Podcast, where we study the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.

Trey Lockerbie (01:24):
Welcome to The Investor’s Podcast. I’m your host, Trey Lockerbie. And today, I’m here with the founder and CEO of Titan, Mr. Joe Percoco. Joe, welcome to the show.

Joe Percoco (01:34):
Thanks for having me, Trey. Excited to be here.

Trey Lockerbie (01:35):
Well, I’m excited to talk to you. You’ve had this really cool career so far. I mean, let’s just start there. You went to Wharton, then you went to Goldman Sachs. Then you went to McKinsey. Now you’re running this $0.5 billion company that you founded. I mean, this is a highly pedigree background you have here.

Trey Lockerbie (01:54):
And what I’m most interested to hear you talk about here at the start is what problem did Titan set out to solve? Because you obviously got a glimpse behind the curtain, so to speak, at these really prestigious establishments that manage people’s money. And you said, you know what, I can do this better, I think, so let’s start there.

Joe Percoco (02:11):
I wish I could say there was this brilliant paper theory of relativity that I had when I started Titan. Usually, you’re right or you do things either for brain reasons for gut reasons or for luck reasons. I think starting Titan was a lot of gut and luck. Now it’s definitely more brain reasons, the clear strategy and know where we’re going and why, but I was just so deeply frustrated with the category of investing and everything I was trying to figure out for myself personally.

Joe Percoco (02:46):
Fun fact, I couldn’t invest my own money despite the background that you shared until I was 26, and I had a sense of paralysis and nobody could help solve this solution. And so I largely started Titan out of frustration. I was like, there has to be something better. And then I figured out, okay, what I’m building is really a new version of Fidelity. Here’s my place in the arc of history. Hence, here’s a humility I have towards building it, but it largely was more emotional than sort of rational-based decision to start.

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