# Larry Fink: From $100m loss to building BlackRock

Page: https://stenobird.com/podcast/icons-and-ideas-with-peter-mallouk-7468910/larry-fink-from-100m-loss-to-building-blackrock
Text version: https://stenobird.com/podcast/icons-and-ideas-with-peter-mallouk-7468910/larry-fink-from-100m-loss-to-building-blackrock.md
Podcast: [Icons and Ideas with Peter Mallouk](https://stenobird.com/podcast/icons-and-ideas-with-peter-mallouk-7468910)
Published: 2025-08-30T06:00:00+00:00
Episode link: creativeplanning.com
Audio file: https://cdn.simplecast.com/audio/6dc6afc1-2c56-41b1-8a11-cf26b98ad79d/episodes/943c8d16-4ec6-41ed-b88e-267c3bf6a509/audio/b81d7df1-589f-41e7-b705-060718015d48/default_tc.mp3?aid=rss_feed&feed=9OfqfY1d
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JSON: https://stenobird.com/v1/public/podcasts/icons-and-ideas-with-peter-mallouk-7468910/episodes/larry-fink-from-100m-loss-to-building-blackrock
Duration seconds: 2591

## Resource

Larry Fink sits down with Peter Mallouk at BlackRock’s Hudson Yards headquarters to recount his path from Southern California to Wall Street and how a $100M loss shaped BlackRock’s risk-first culture. He reflects on the mindset that separates owners from lenders, why optimism outperforms over time and how America’s “messiness” fuels innovation. The conversation weaves from deficits and private capital to crypto, AI and the enduring premium of human connection — all before turning to Fink’s legacy and vision for a firm built to last.

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## Transcript

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