Dive into the newest episode of Richer, Wiser, Happier where William Green is joined by Adam Shapiro, Managing Partner at East Rock Capital.
Here, he explains how to build & safeguard wealth over the long term, how he identifies the best fund managers, why he’s wary of index funds & ETFs, and much more!
IN THIS EPISODE, YOU'LL LEARN:
• Why Adam Shapiro stopped investing in emerging markets.
• Why the U.S. is a great—but potentially perilous—place to invest.
• What he learned at Goldman Sachs about intelligent investing.
• How he identifies fund managers who are likely to outperform.
• Why he favors small funds run by young & hungry investors.
• What human qualities lead to investment success.
• How Adam built an investing edge through networking.
• How David Swensen’s Yale Endowment Model can be updated.
• How to reduce your risk & ensure survival in extreme conditions.
• Why Adam is wary of index funds & ETFs.
• Why his #1 financial rule is “never, ever run out of liquidity.”
• Why firms like Millennium & Citadel may be riskier than they seem.
• How to improve your portfolio & life by subtracting excess “filler.”
Watch: https://lnkd.in/gKQyPefa
Listen: https://lnkd.in/gn565nig