This week, our “Masters in Business” podcast returns for the 2015 season.
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.
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.