Thane Ritchie is the Founder and Chief Investment Officer of Ritchie Capital Management and has over 30 years of experience in alternative investments. In our chat with Thane he tells us about his start in commodities trading at the age of 10, the secret to his edge, and what made him decide to be one of the first people to invest in Facebook. he also tells us why he believes that crypto will be the only way to make money in the future and what he’s doing in the metaverse.
Thane Ritchie has over 30 years of experience in alternative investments, getting his start arbitraging gold at the tender age of 10. He is the Founder and Chief Investment Officer of Ritchie Capital Management, a privately held hedge fund sponsor.
Thane has worked with innovative companies in insurance, energy, media, and technology. Thane saw the opportunity in Facebook very early on, becoming one of its first investors. Between 1998 and 2004, Thane grew a signature fund of $30 million dollars to a peak of $4 billion.
During our chat, Thane describes how he was buying and selling commodities before he was old enough to have a paper route, explains why his stepfather—options guru Joe Ritchie—dissuaded him from studying economics in school, and talks about how building relationships with people who can see new paths forward has been key to his edge.
Thane then shares his thoughts about why traditional stocks can't compete with crypto and tells us about InfiniteWorld—a metaverse infrastructure platform that enables brands to create, monetize, and drive consumer engagement with digital content.