Well, moving on, a new report found that the majority of Americans don't know crucial information about their own retirement planning, answering just two out of six retirement related questions correctly. Joining me now is Yahoo Finance senior columnist Carrie Hannon. So, Carrie, why is financial literacy so important, especially when it comes to retirement.Yeah, this is huge, Ally. It's surprising and actually quite shocking that people don't know uh these basic concepts of what's going to determine their ...

Bitcoin & Crypto Investment Thesis - Bitcoin is viewed as digital gold and a form of financial freedom, recommended for portfolio diversification [4] - The industry compares Bitcoin to LeBron James, Ethereum to Steph Curry, and Solana to Kevin Durant, emphasizing the importance of all cryptocurrencies for the blockchain business [1][36] - The industry believes Bitcoin will reach $1 million, highlighting the current price (around $107,000 - $109,000) as a good entry point, comparing it to the early days of the dot-com era [1][13] - The industry suggests that investing in Bitcoin is like buying Apple stock in the 90s or Amazon in the early 2000s, indicating significant growth potential [18] Financial Literacy & Wealth Management - The industry stresses the importance of financial literacy, especially for young athletes from underprivileged backgrounds, to manage their wealth effectively [3][6] - The industry advocates saving and investing early in one's career to leverage compound interest, highlighting the difference between 12% of $1 million versus 12% of $12 million [9][10] - The industry points out that athletes often struggle to maintain wealth due to lavish lifestyles and lack of financial education [5] - The industry suggests crypto offers higher returns (12% in safe vaults) compared to traditional banks (4%), providing avenues for passive income [8] - The industry warns against relying solely on traditional financial advisors, who may offer limited investment options and charge commissions [28][29] Mass Adoption & Future Trends - The industry aims to bridge the gap in crypto adoption by educating and providing safe advice, encouraging individuals to open wallets and invest in Bitcoin or Ethereum [33][34] - The industry anticipates more athletes will want to be paid in Bitcoin as they recognize its growth potential [19] - The industry sees a significant growth potential in the crypto space, estimating that the current adoption rate is only around 3%, leaving 90-95% room for expansion [32]

Core Insights - The article discusses the investment strategy of a family office fund led by Amrita, focusing on sustainable, growth-driven companies that aim to maximize shareholder equity [1] Group 1: Company Analysis - Amazon (NASDAQ: AMZN) is highlighted as trading at a cheaper forward price-to-earnings multiple compared to Walmart (WMT) [1] - The fund aims to invest in companies that meet growth-oriented goals, indicating a focus on long-term value creation [1] Group 2: Industry Context - The article emphasizes the importance of financial literacy and breaking down complex macroeconomic concepts for better understanding among investors [1] - Amrita's experience in high-growth supply-chain start-ups and venture capital firms suggests a strong background in identifying promising investment opportunities within the tech and supply chain sectors [1]

Group 1 - The Trade Desk (TTD) is viewed as a generational "buy" opportunity despite recent investor pessimism due to a Q4 miss and short-term execution missteps [1] - Amrita, who runs a family office fund, focuses on investing in sustainable, growth-driven companies that aim to maximize shareholder equity [1] - The family fund's investment strategy is complemented by Amrita's award-winning newsletter, The Pragmatic Optimist, which emphasizes portfolio strategy, valuation, and macroeconomics [1] Group 2 - Amrita has a background in high-growth supply-chain start-ups and has worked with venture capital firms to enhance user acquisition [1] - The newsletter has gained recognition as a top finance newsletter and aims to simplify financial literacy and complex macroeconomic concepts for a broader audience [1]

Core Insights - Cboe Global Markets is celebrating the 40th anniversary of The Options Institute, which focuses on options education and financial literacy [1][2] - The Options Institute aims to enhance investor knowledge and skills, adapting its offerings to meet the needs of a growing retail trader community [2][4] Historical Context - Founded in 1985, The Options Institute initially aimed to educate professional traders on options mechanics, evolving to serve a broader audience including trading firms, advisors, and industry leaders [3][4] Educational Offerings - The Options Institute has expanded its educational resources to include on-demand and online courses, covering topics from foundational to advanced levels [4] - Courses include "Options 101," "Decision Theory," and "Practitioner's Perspectives: Options Strategies," taught by expert instructors [4] Global Expansion - The Options Institute is expanding its educational efforts internationally, launching programs in Europe and planning similar initiatives in the Asia Pacific region [7][8] - The institute is developing multilingual content to cater to diverse retail investors, with plans to introduce German and French programs in late 2025 [7] Community Engagement - A financial literacy pilot program has been introduced in partnership with schools and charitable organizations to educate students on financial topics [8] - The Options Institute collaborates with retail brokerages to enhance tailored learning experiences for investors [5][6]