Dec 16, 2022

NGPF Podcast: Vitaliy Katsenelson on Investing, Life, and Philosophy

From moving to the U.S. from Murmansk, Russia to value investing to not eating desserts, there’s much to learn about life from a true Renaissance man. Vitaliy Katsenelson, the CEO of Investment Management Associates, shares about his new book Soul in the Game and the way he approaches life.

Details:

  • 0:00~1:04 Introduction
  • 1:04~6:52 Moving to the US from Murmansk
  • 6:52~9:27 Source of interest in investing
  • 9:27~14:06 What is value investing?
  • 14:06~21:04 Getting investments right and wrong
  • 21:04~28:49 Connection to classical music
  • 28:49~37:20 Coming up with Soul in the Game
  • 37:20~42:56 On not eating desserts
  • 42:56~47:36 Importance of time
  • 47:36~53:09 “Last time” visualization
  • 53:09~55:02 Three mantras
  • 55:02~59:30 How to approach investing
  • 59:30~1:00:35 Conclusion

Resources:

Quote:

  • “The stock market is a very incredibly well-oiled humbling machine. It humbles you very quickly. When you approach something with pure arrogance, it will humble you very quickly.” 

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Ren Makino

Ren has been working part-time at NGPF since 2014, interning through high school and college. With his knowledge growing alongside NGPF, after graduating from college in 2020, he joined the team to work full-time. He is also the editor of the NGPF podcast. During his free time, he likes to try out coffees from different roasters across the world and try out new brewing methods.

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