Ilyse Hogue: I want to talk about the idea that making money and preserving money are totally different ways of thinking. How do you hold both of the mindsets in your head at the same time? And how are they different? She says a lot of people would love to vault into tens of millions or hundreds of millions of dollars of, of wealth. But it's not going to get there typically by just having a little bit of money.
If you like to tinker with your investments, then it’s tough to beat the market over a long period of time.
John M. Jennings is the president of St. Louis Trust & Family Office, a Professor at Washington University’s Olin Business School, and the author of “The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown.” Deidre Woollard caught up with Jennings to discuss:
- Why the improbable happens all the time
- 1 key attribute that some of the best-performing stocks have in common - And the business advantage that “fast followers” have over pioneers
Companies mentioned: SCHW, TJX, APPL, HUM, SHW
Host: Deidre Woollard Guest: John M. Jennings Producer: Ricky Mulvey Engineers: Dan Boyd, Heather Horton
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