Abigail Johnson

Elon Musk? Answer, no.

Abigail Johnson? Answer, no.

Jeff Bezos? Answer, no.

Larry Page? Answer, no.

Answer, no. Elon Musk.

Answer, no. Abigail Johnson.

Answer, no. Jeff Bezos.

Answer, no. Larry Page.

Ray Allen from the FCAT team knows she's been to our first event back in 22 and we were standing the thing up.

And, you know, last year, of course, we had the CEO and chair of Fidelity, Abby Johnson, come and do a sit down fireside chat, which was we're so gracious to have her in her time.

You know, this has been a labor of love.

You know, as I said, this has been about building the ecosystem in the space for the greater Boston area.

And this is where it gets interesting.

So we got Abigail Johnson and she is the chairman and chief executive officer of Fidelity Investments.

And it was founded by her grandfather, Edward C. Johnson II, in 1946.

And her father, Edward Johnson III, was the CEO when she joined.

But it gets a little bit deeper because...

She's connected, at least by the man himself, to Jeffrey Epstein because Epstein dropped her name a lot as someone that he was connected to.

As a matter of fact, Lex Wexner in the House Oversight Committee Epstein probes, he named Abigail Johnson as having connections with Epstein.

So we've got two people, Epstein himself and Wexner, saying that Abigail was connected to Epstein.

Like, what percent of that population you see in each of these buckets?

Uh, I'd say probably, probably about 80% are in the, "I'm just putting it off," you know? And then probably, you know, 90% of what's left is in bucket two, which is they don't understand what they've bought, and they're just kind of doing it because it's good enough for Larry Fink and Abby Johnson.

And so, you know, and my advisors say it's good for the portfolio, and, you know, maybe it's a little bit of a, a hedge against financial system crashes or whatever.

And then there's probably something like 2% that actually go deep on Bitcoin and actually understand what they own.

I recently was reading The House of Fidelity.

It's a book that came out and I used to work at Fidelity Investments and Abby Johnson.

You don't think of Fidelity Investments of being a family business, but it is.

And when Abby Johnson came to run that business, because she wasn't a stock picker, I think there was a lot of concern from her father and the board about this.

And Abby's expertise was more in, we could take this business and really get heavy into the 401k business.

Like not just pick stocks, but also say, hey, if your 401k is here, we can actually provide a service.

Answer, no. Elon Musk.

Answer, no. Abigail Johnson.

Answer, no. Jeff Bezos.

Answer, no. Larry Page.

[upbeat music] All right, time now to name the crew who helped out with this week's programs.

Mary Reichard, David Bonson, Lauren Canterbury, Abigail Johnson, Will Hogendyk, Lauren Smith, Daniel Suhr, Hunter Baker, Mary Muncy, Jenny Ruff, Cal Thomas, Caleb Weldy, Arsenio Orteza, David Clausen, John Stonestreet, Colin Garbarino, and George Grant.

Thanks also to our breaking news team, Kent Covington, Mark Mellinger, Steve Klosterman, Travis Kercher, Daniel Divine, and Christina Grou.

And thanks to the technical production team, Benj Eicher, Carl Peetz, and Josh Gagne.