Yahoo Finance Invest
The year of 2023 will go down as one of headline-grabbing, portfolio-rocking surprises for investors all over the world. Investors had to deal with shocking failures of major banking institutions for the first time since the Great Financial Crisis. The rise of generative AI came out of left field, lighting an inferno under tech stocks reminiscent of the late 1990s tech bubble. The Federal Reserve has remained steadfast in raising interest rates to stomp out inflation at the detriment of the economy. To make matters more confusing for investors, the 2024 race for the White House has begun to take shape...and it looks contentious yet again. Enter Yahoo Finance’s ‘Invest’ conference, the pre-eminent wealth-building event for investors worldwide. A whole day’s worth of engaging conversations with power brokers in the world of business, finance and politics live from New York City’s Moonlight Studios. Big, thought-provoking interviews on Yahoo Finance Live from morning to evening. Impactful live interview breakout sessions on markets, the economy and politics. Above all else, context from Yahoo Finance’s highly trusted newsroom that is tailor made to think up big ideas, and take bold actions.
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2023 Yahoo Finance Invest Speakers
Anthony Capuano
Marriott International Pres. & CEO
Anthony Capuano presides over the world’s largest hospitality company and some of the most iconic brands in travel. With nearly 8,600 properties across 139 countries and territories and over 30 brands, Marriott’s customer loyalty program of more than 186 million members is the industry’s largest. Capuano joined the company in 1995; he has been president and CEO since February 2021.
John Chidsey
Subway CEO
John Chidsey joined Subway as CEO in 2019. Chidsey is currently leading the brand through a multi-year transformation with a focus on transitioning from a development-focused to an experience-focused company. Prior to joining Subway, he was the chairman and CEO of Burger King. Before joining Burger King in 2004, he served as chairman and CEO for two corporate divisions of Cendant Corporation.
Stuart Duguid
EVOLVE and Hana Kuma Co-Founder
A tennis agent since 2010, and an advocate for advancing women’s sports, Stuart Duguid played a pivotal role in managing Naomi Osaka’s meteoric rise to global superstardom and the first female athlete to exceed $50 million in annual earnings. He and Osaka are the co-founders of the talent management agency EVOLVE and the Emmy Award-nominated production company Hana Kuma.
Jeffrey Gundlach
DoubleLine Founder & CEO
Jeffrey Gundlach is the CEO and chief investment officer of DoubleLine, which he co-founded in 2009. Today, the investment firm manages close to $100 billion in assets. In 2011, Gundlach was featured as 'The New Bond King' by Barron's. In 2012, 2015 and 2016, he was named one of Bloomberg’s 50 Most Influential list. He was inducted into the FIASI Fixed Income Hall of Fame in 2017.
Morgan Housel
Author; Collaborative Fund Partner
"The Psychology of Money" has sold over three million copies and has been translated into 53 languages. Morgan Housel is a winner of two Best in Business Awards from the Society for Advancing Business Editing and Writing, and a winner of a New York Times’s Sidney Award for long-form journalism. He was named to the MarketWatch 50 in 2022. Housel has been a partner at the Collaborative Fund since 2016.
Kevin Mayer
Candle Media Founder & Co-CEO
Kevin Mayer is the former head of direct-to-consumer businesses and international at The Walt Disney Company, where he architected the development and launch of Disney+ and led global advertising, content, and channel sales. As Disney’s chief strategy officer, he previously oversaw and executed major acquisitions including Pixar, Marvel, Lucasfilm, BAM Tech, and 21st Century Fox. In 2020, Mayer briefly served as CEO of TikTok. He launched Candle Media in 2021.
Edward Norton
Actor, filmmaker; Zeck Co-Founder & Chief Strategy Officer
Edward Norton is best known as an award-winning actor and filmmaker — "Glass Onion" is his most recent movie. Norton also works deeply in the worlds of philanthropy, tech investing, and environmental defense. He is a co-founder of CrowdRise, the pioneering charitable fundraising platform which is now a part of GoFundMe, co-founder and chairman of EDO, a leading media data and analytics firm, and co-founder and chief strategy officer of Zeck.
Naomi Osaka
Four-Time Grand Slam Tennis Champion, EVOLVE and Hana Kuma Co-Founder
Naomi Osaka’s extraordinary tennis triumphs combined with her off-the-court activism make her one of the biggest global names in all of sports. In 2021, she added entrepreneur to her résumé, launching KINLò, a line of sun protection products for melanated skin. In 2022, Osaka and her longtime business partner Stuart Duguid launched sports management agency EVOLVE and Hana Kuma, a media company telling stories that tackle important issues in society.
Robert Playter
Boston Dynamics CEO
As a PhD candidate (and former gymnast), Robert Playter worked under Boston Dynamics founder Marc Raibert at MIT to develop his thesis on robot gymnastics. He later spent three decades at Boston Dynamics, where he led early work on humanoid robots. As CEO, Playter has launched two products for the warehousing industry: Spot, the first commercial legged robot for industrial inspections, and Stretch, a box-moving robot that unloads trailers.
Tonya Rapley
Her Legacy Media CEO
Tonya Rapley is an internationally recognized financial education pioneer, best-selling author and investor. Her Legacy Media houses the award-winning site My Fab Finance, where Rapley aims to help millennials build wealth, and the consulting firm HLM Solutions. Rapley’s client list includes the Department of Housing and Urban Development, Prudential, State Farm, SoFi, JPMorgan and General Motors. Rapley is an investor in startups Partake Foods and Esusu.
Nouriel Roubini
Roubini Macro Associates CEO; NYU Economics Professor
A renowned economist, policy expert, and author, Nouriel Roubini is CEO of the global macroeconomic consultancy firm Roubini Macro Associates and Professor Emeritus at NYU Stern School of Business. In a 2006 address to the IMF, Roubini warned of the impending recession. His predictions became a reality in 2008, with the credit and housing market bubble bursting and reverberating around the world into a global financial crisis.
Haley Sacks
Finance Is Cool Founder & CEO
Under the Instagram moniker @MrsDowJones, Haley Sacks produces content that is equal parts hilarious and educational. She does this all with a signature wit, proving that investing is not just the realm of Patagonia-vest-wearing Wall Street boomers but something we are all capable of. Named to Fortune's 40 Under 40 list in 2020, this year Sacks was the winner of AdWeek’s annual Creator Visionary Award for personal finance advice.
Anthony Scaramucci
SkyBridge Founder & Managing Partner
In 2022, Anthony Scaramucci was named to Cointelegraph’s list of 100 top influencers in cryptocurrency and blockchain. Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and chairman of SALT, a thought leadership forum and venture studio founded by SkyBridge. Previously, he co-founded the investment partnership Oscar Capital Management, sold to Neuberger Berman in 2001, and worked in private wealth management at Goldman Sachs.
Brett Schulman
Cava Co-Founder & CEO
Prior to co-founding Cava, a Mediterranean fast-casual restaurant and retail grocery brand, Brett Schulman was COO at Snikiddy Snacks, a natural and organic food company later acquired by Utz Quality Foods. Schulman has served as president and CEO of CAVA since founding the company in 2010. Previously, he spent over a decade in the financial world at firms including Deutsche Bank Alex. Brown.
Alan Shaw
Norfolk Southern Pres. & CEO
Norfolk Southern Corporation president and CEO Alan Shaw is one of the most respected leaders in the industry. Founded in 1827, Norfolk Southern delivers more than seven million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Shaw joined Norfolk Southern in 1994, becoming president in December 2021, and CEO and director in May 2022.
Sebastian Siemiatkowski
Klarna Co-Founder & CEO
Sebastian Siemiatkowski is the co-founder and CEO of Swedish global payments and shopping service Klarna. Under his leadership, the company has become a pioneer in the world of fintech, serving over 150 million consumers and 500,000 retail partners in 45 countries. Siemiatkowski brings a wealth of knowledge and expertise to the table on empowering consumers and challenging the dominance of traditional financial institutions.
Scott Sperling
THL Partners Co-CEO
Scott Sperling is co-CEO and a co-chair of the management committee of THL Partners, a private equity firm investing in middle-market growth companies. For more than a decade prior to joining the firm in 1994, Sperling was managing partner of the affiliate of Harvard Management Company that managed alternative asset classes for Harvard University’s endowment fund.
Mark Spitznagel
Universa Investments Founder & CIO
Mark Spitznagel is the founder and chief investment officer of Miami-based investment management firm Universa Investments. Universa both formalized and institutionalized the idea of tail risk hedging in 2007, providing live tail risk mitigation for clients during — and since — the 2008 crisis. Spitznagel is the author of "Safe Haven: Investing for Financial Storms" (2021) and "The Dao of Capital: Austrian Investing in a Distorted World" (2013).
John Stankey
AT&T CEO
John Stankey has led AT&T as CEO since July 2020. He also serves on AT&T’s board of directors. Stankey previously served as president and COO. He joined AT&T in 1985 and has 37 years of leadership spanning nearly every area of AT&T’s business, including as chief strategy officer, chief technology officer, and CEO of WarnerMedia and divisions including AT&T Entertainment Group, AT&T Operations, and AT&T Business Solutions.
Cristóbal Valenzuela
Runway Co-Founder & CEO
Cristóbal Valenzuela is the co-founder and CEO of Runway, an applied AI research company shaping the next era of art, entertainment, and human creativity. Before founding Runway in 2018, Valenzuela was a researcher at New York University’s Tisch School of the Arts.
Hans Vestberg
Verizon Chairman & CEO
Hans Vestberg was appointed CEO of Verizon in 2018 and became chairman in 2019. He has transformed Verizon’s business, leading the company to be the first in the United States to deploy 5G home and mobile technology, followed by the launch of 5G ultra wideband and fixed wireless access. Vestberg chairs the World Economic Forum’s EDISON Alliance, a global movement of public and private sector leaders committed to digital inclusion.
Lindsey Vonn
Olympic Gold Medalist
Olympic gold medalist Lindsey Vonn ranks among the greatest American ski racers of all time. From the beginning of her skiing career, Vonn built a global brand with long-term partners including Jaguar Land Rover, Rolex, and Under Armour. Vonn is an early-stage investor and equity shareholder in Hyperice, Beyond Meat, Ladder, Yniq, Oura Ring, and Community as well as an investor in the Angel City Football Club.
Meredith Whitney
Meredith Whitney Advisory Group Founder & CEO
Best known for her early identification of the mortgage and broader Great Financial Crisis, Meredith Whitney is one of the most respected voices on Wall Street. Almost a decade after writing her last piece of analysis, Whitney has relaunched her eponymous firm. She said of her decision, “After over a decade of massive government spending, zero interest rates and QE, fundamentals actually matter again. This is going to be a lot of fun!”
Jeff Zucker
RedBird IMI CEO
Jeff Zucker served as president of CNN from 2013 to 2022 and chairman of WarnerMedia Sports from 2019 to 2022. Earlier, he spent 25 years at NBC Universal, becoming CEO in 2007. Zucker now leads RedBird IMI, a joint investment vehicle focused on acquiring, investing in, and building large scale media, entertainment, and sports content properties. He is an operating partner at RedBird Capital Partners.
INVEST AGENDA
- 8:45AM ET
Opening Remarks
- 8:50AM ET
The Economic Vibe Check
The battle for wireless customers remains fierce in the telecom industry as these titans grapple with various economic challenges and look to capitalize on emerging technologies. Verizon is smack in the middle of this frenzied activity, continuing to rollout 5G, build out infrastructure while also navigating regulatory hurdles. At the helm of the large Verizon ship is Chairman and CEO Hans Vestberg. Yahoo Finance executive editor Brian Sozzi will talk with Vestberg about the path forward, the focus on profits and his focused leadership style.
Hans Vestberg, Verizon Chairman & CEO
- 9:05AM ET
The Economic Vibe Check Part 2
Just because the U.S. economy has averted a long-talked about recession and the stock market is hovering around records, it doesn’t mean all is fine and well. Interest rates are much higher thanks to inflation-fighting actions from the Federal Reserve, serving to dampen economic growth. Inflation remains high despite those efforts, putting the squeeze on household finances. The return of student loan payments is weighing on consumer spending. Talking to top CEOs and experts, this panel will go inside the state of the U.S. economy at its current crossroad and help shed light on where things could be headed in 2024.
Anthony Capuano, Marriott International President & CEO
- 9:30AM ET
'Bidenomics'
Following discussions on the economy with high-profile guests, Yahoo Finance senior columnist Rick Newman will dive into the mechanics behind the provocative term he coined called ‘Bidenomics.’ What is Bidenomics? Where do things stand at the intersection of the economy and actions taken by the Biden Administration? Rick Newman will explore Bidenomics with a top panel of economists – and reveal new poll findings from Yahoo Finance – as investors shift their attention to the 2024 race for the White House.
Nouriel Roubini, Roubini Macro Associates CEO NYU Professor of Economics
- 9:50AM ET
How to Make Money Like the Pros
It's one thing to make economic predictions, but something else entirely to pull the trigger on an investment based on those predictions. We will get an actionable investing playbook by a Wall Street veteran, THL Partners Co-CEO Scott Sperling.
Scott Sperling, THL Partners Co-CEO
- 10:10AM ET
BREAK
Investing in the Future of Payments
The buy now, pay later space burst onto the scene several years ago as an alternative to credit cards. At this point, the industry is a two-horse race between the privately held Klarna and public company rival Affirm. Yahoo Finance anchor Josh Lipton will dive into the future for Klarna with co-founder and CEO Sebastian Siemiatkowski. Is an IPO coming for Klarna in 2024? Can the industry live up to its promise with regulators watching closely? We’ll discuss.
Sebastian Siemiatkowski, Klarna Co-Founder & CEO
- 10:25AM ET
Newsmakers Power Hour
Yahoo Finance has rare access to several top executives that have had an interesting 2023 to say the very least. They have been making headlines, and navigating a host of challenges in their own right. How have they overcome their biggest challenges? What’s their advice to peers in their respective industry? What does 2024 hold for them? We'll explore.
Jeff Zucker, RedBird IMI CEO & Former CNN Worldwide President; Brett Schulman, Cava Co-Founder and CEO; Alan Shaw, Norfolk Southern President & CEO; Kevin Mayer, Candle Media Co-Founder & Co-CEO
- 11:35AM ET
LUNCH BREAK
- 12:20PM ET
Taking the Stock Market and Economy’s Pulse
Everything but the kitchen sink has been thrown at investors this year. Surging tech stocks. Confusing lingo around generative AI. The return of eye-opening M&A deals. Big bank bailouts. New infrastructure plans from the Biden administration. The general shunning of the value stock trade as funds chase momentum. While most of these themes will remain top of mind for investors in 2024, will they still be as important? Yahoo Finance will explore the next stock price-moving trends in markets with some of the best in the business.
Meredith Whitney, Meredith Whitney LLC Founder & CEO; Anthony Scaramucci, Skybridge Founder & Managing Partner
- 1:00PM ET
Invest and Succeed Like an Olympic Great
You may see them on the big screen or sporting field executing at the highest levels possible. But celebs have lives outside of the worlds the public see them in. And that also means they have business lives. Celebs are aggressively investing in the future of tech, buzzy liquor brands all the while giving back to society. Yahoo Finance sits down with Olympic great Lindsey Vonn to see how her championship career has set herself up for a championship business and investing life.
Lindsey Vonn, Olympic Gold Medalist
- 1:15PM ET
BREAK
Investing Off the Court
Tennis phenom and 4x Grand Slam winner Naomi Osaka and her business partner at Hana Kuma Stuart Duguid continue to make power moves off the court. Yahoo Finance will talk to the duo to see how they are using finance to fuel her off the court wealth building. Osaka continues to have a host of opportunities presented to her – from media opportunities to big business deals. How is she prioritizing them and staying focused on her financial future? We’ll explore in a discussion moderated by Yahoo Finance senior reporter Alexandra Canal.
Naomi Osaka Four-Time Grand Slam Tennis Champion, EVOLVE and Hana Kuma Co-Founder; Stuart Duguid, EVOLVE and Hana Kuma Co-Founder
- 1:35PM ET
Big Challenges, Big Opportunities
AT&T recently dialed up some good news for investors with better than expected third quarter earnings and raised cash flow guidance. Yahoo Finance executive editor Brian Sozzi will talk with AT&T CEO John Stankey about the company’s focus on 5G and fiber, challenges and opportunities for the year ahead, and his vision for the future of high-performing networks.
John Stankey, AT&T CEO
- 1:50PM ET
Democratizing Finance & Investing
Truly understanding how finance and the world of business works has never been more important. And to be sure, the powers that be aren’t making it easy to understand. For example, what’s the real reason why tech stocks don’t normally do well when interest rates rise? How should one be investing their money during periods of high or low inflation? The economy may be fine right now but it may not be fine in 2024, so should you be saving more of your disposable income? While we are on it, how much disposable income should you be raking in given the intense competition for talent in Corporate America? Yahoo Finance will spend time decoding complicated financial subjects to help you find success in 2024.
Haley Sacks, Finance Is Cool Founder & CEO; Tonya Rapley, Her Legacy Media CEO
- 2:10PM ET
Big Challenges, Big Opportunities Part 2
The road to a higher stock price often comes littered with challenges for a company. It also comes with delivering successfully on big opportunities. Yahoo Finance will talk with one top CEO who has endured big challenges in this year while also leaning into big opportunities, and see how they are overcoming them and what 2024 may look like.
Jeffrey Gundlach, DoubleLine Founder
- 2:30PM ET
Investing Principles With Top Authors
The fall is here and that should mean more than the return of pumpkin spice lattes. It also means new fall book releases and a revisit on some classics to prep for the year ahead! Yahoo Finance will speak with several well-known writers about their latest business-centric books. What business and investing principles would they like to share ahead of 2024 and why? What are the business stories everyone will be talking about in 2024 and why? We will discuss it all, and have a little fun while doing so.
Morgan Housel, Collaborative Fund Partner and Author of the Psychology of Money; Mark Spitznagel, Universa Investments Founder & Chief Investment Officer
- 3:10PM
BREAK
Hollywood Meets the Tech Industry
Edward Norton is one of the most recognizable actors of his generation. Known for high-profile movies such as Primal Fear and The Score, what many may not realize is that Norton is also a prolific tech investor. Yahoo Finance senior reporter Alexandra Garfinkle will dive into all things tech with the forward-thinking Norton, and learn how he is putting capital to work amidst the AI revolution.
Edward Norton, actor, filmmaker, Zeck Co-Founder & Chief Strategy Officer
- 3:25PM ET
The Rise of AI + Robots
Before 2023, ask most investors what “generative AI” was and they probably would have thought it was a scary health condition. They now know better. Generative AI has burst onto the scene, powered by advances in chip design out of Nvidia to Microsoft backed ChatGPT search tools. What does this powerful new technology mean for Corporate America? Who is leading the charge and what is the read through to their stock price? What private companies developing AI tools are poised to captivate the imagination of investors? Yahoo Finance chats with some of the most high-profile people shaping the generative AI discussion.
Rob Playter, Boston Dynamics CEO; Cristóbal Valenzuela, Runway Co-Founder & CEO
- 4:00PM ET
The Future of the Consumer
There continues to be a lot coming at consumers. Inflation is still high. Store formats are changing. Online shopping experiences are ever expansive. Retail theft remains a problem. Restaurants are being merged. Yahoo! Finance is rising above all of this fray, and zooming into the state of the restaurant industry with Subway CEO John Chidsey. We will look to get a first-hand account on how Subway is reinventing its 60-year old business and positioning for the future of eating.
John Chidsey, Subway CEO
- 4:20PM ET
CLOSING REMARKS
MODERATORS
Rachelle Akuffo
Yahoo Finance
Anchor
Alexandra Canal
Yahoo Finance
Senior Reporter
Brooke DiPalma
Yahoo Finance
Senior Reporter
Alexandra Garfinkle
Yahoo Finance
Senior Tech Reporter
Anjalee Khemlani
Yahoo Finance
Senior Health Reporter
Josh Lipton
Yahoo Finance
Anchor
Rick Newman
Yahoo Finance
Senior Columnist
Jennifer Schonenberger
Yahoo Finance
Senior Reporter
Brad Smith
Yahoo Finance
Anchor
Seana Smith
Yahoo Finance
Anchor
Brian Sozzi
Yahoo Finance
Executive Editor
Myles Udland
Yahoo Finance
Head of News