The $11,000 Moment That Changed His Career (Jesse Cramer)
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The $11,000 Moment That Changed His Career (Jesse Cramer)
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Jesse Cramer had two engineering degrees and a stable, well-paying career designing hardware for an aerospace company. Then one day, about six months into his first job out of college, he looked at his 401(k) statement and saw $11,000 sitting there. That single moment sparked an interest in investing and compound interest that eventually pulled him out of engineering altogether and into a career managing other people's money.
Jesse talks with Chris Hill about:
- Why he kept a full-time engineering career for years after that moment
- Starting a finance blog after colleagues kept asking him 401(k) questions at work
- What surprised him most about managing real money for clients versus just writing about it
- The hot tub purchase he still regrets and what it taught him
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Opening clip – “Moneyball”