Active Patience: What It's Like to Run an Investment Firm (with Mellody Hobson)

In this episode, Liz Ann Sonders sits down with Ariel Investments co-CEO Mellody Hobson. They discuss Mellody's early career at Ariel, her co-CEO relationship with John Rogers, the importance of being an active and patient investor, the value of sitting on corporate boards, and the launch of Project Black, Ariel's private equity fund. They also touch on global trends, the dominance of growth stocks, and the challenges and opportunities for minority-owned businesses.

Finally, Kathy and Liz Ann offer their outlook on what investors should be watching in next week's economic data and indicators.

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