Former E*Trade CEO on Private Markets, Rise of AI
TL;DR
Mitch Caplan, former CEO of E*Trade Financial and current head of Willow Wealth, joined the program to discuss recent market fluctuations and their impact on retail investors. He provided insights into how individual investors tend to react during periods of market uncertainty and volatility. He speaks with Romaine Bostick on "The Close. " (Source: Bloomberg).
Nauti's Take
A former E*Trade chief linking private markets and AI points at a real opening: retail investors gain access to asset classes that used to be institution-only. The risk sits in the packaging, because private-market products are illiquid and opaque, and AI hype makes valuations faster rather than cleaner.
Long-horizon investors can benefit; anyone chasing the next AI theme through a volatility spike is mostly buying fees.
Summary
Mitch Caplan, former CEO of E*Trade Financial and current head of Willow Wealth, joined the program to discuss recent market fluctuations and their impact on retail investors. He provided insights into how individual investors tend to react during periods of market uncertainty and volatility.
He speaks with Romaine Bostick on "The Close. " (Source: Bloomberg)
Sources