Ronald Kruszewski on investing
From Where Success Meets Success, with Ron Kruszewski | WTP with Mikaela Ep. 12 · · Mikaela Shiffrin
“I get asked this all the time especially by young people. They'll say what can you teach me about um investing. Okay. And I and I I I boil it down to a very simple comment and I I hope your listeners will just appreciate this. And that is as as a person who wants to save and invest, you need to understand the difference between compounding and consumption. And if you understand those two, you'll do very well. Meaning that you should take some of what you earn and you should save it and it will compound. Whereas if you go spend it on a car or clothes, well that's consumption. That that doesn't compound.”
On , Ronald Kruszewski, Chairman & Chief Executive Officer at STIFEL FINANCIAL CORP, spoke about investing during Where Success Meets Success, with Ron Kruszewski | WTP with Mikaela Ep. 12 on Mikaela Shiffrin.
About Ronald Kruszewski
In a May 2026 podcast appearance, Kruszewski discussed his philosophy on retirement, stating that he does what he loves and therefore does not see a reason to retire. He also offered investing advice to young people, emphasizing the difference between compounding and consumption, and cautioned that some young people are confusing gambling with investing. Reflecting on his tenure at Stifel, he said the company grew from a $40 million market cap to $13 billion and from $100 million in revenue to $6 billion. In a June 2025 interview, Kruszewski described Stifel's sponsorship strategy as a form of patronage, comparing it to the Medici family's support of the arts in Florence. He said that associating with athletes and the arts gives Stifel a "backsplash" of being a fun and creative firm, which he noted is not typically associated with financial companies. He also discussed rebranding the U.S. Ski Team as the Stifel U.S. Ski Team, calling it an "unbelievable situation," and expressed support for continued patronage in St. Louis, including for the arts organization COCA.