This week, our “Masters in Business” podcast returns for the 2015 season.
Via Barry Ritholtz
We kick off the year with a special youth edition of MiB. This week, I speak with Patrick O’Shaughnessy, principal at O’Shaughnessy Asset Management, and author of Millennial Money: How Young Investors Can Build a Fortune.
The Electron Global Fund was up 2% for September, bringing its third-quarter return to -1.7% and its year-to-date return to 8.5%. Meanwhile, the MSCI World Utilities Index was down 7.2% for September, 1.7% for the third quarter and 3.3% year to date. The S&P 500 was down 4.8% for September, up 0.2% for the third Read More
O’Shaughnessy discusses that despite the difficulties of the economic environment, youth have tremendous advantages youth in terms of an investment horizon of up to half a century. This allows compounding to take place.
In our conversation, we discuss active versus passive, why investors are their own worst enemies, and what they should — and should not — be doing.
Next week, we speak with bond investor Bill Gross, formerly of Pimco, now at Janus.
Masters in Business: Patrick O’Shaughnessy