The Executives' Exchange Episode 002 - Joe Mansueto, Executive Chairman and Founder, Morningstar
Joe discusses how his love of investing led to the creation of Morningstar. Tune in for a deep dive into how he thinks about investing in the City of Chicago now, owning a sports team, Ted Lasso and more!
Host of this episode: Margaret Mueller, CEO & President of the Executives' Club of Chicago
:55 – What led Joe to Chicago
3:05 – Where did entrepreneurial spirit come from
5:20 – Discussion of application to business school and initial work life
7:00 – Joe meets Warren Buffett
7:45 – What triggered the launch of Morningstar
10:25 – What Joe did during early years of Morningstar to gain momentum and set the company on the right course
12:40 – Joe’s ‘learn fast’ experience
14:15 – Succession plan discussion
15:40 – Discussion of running family office
17:15 – Composition of the family portfolio - passion projects
20:25 – Ted Lasso and what the show has meant during the pandemic
21:44 – What’s different about the business of running a sports team?
24:25 – Joe’s investments in the city.
28:45 – Architecture/design and how it impacted the design of Morningstar
30:35 – Equity in Chicago and improving the city
35:30 – The importance of civic engagement through entrepreneurship
39:25 – Biggest point of pride
40:45 – Morning ritual
42:30 – Sleep habits and the importance of sleep
43:25 – Business book recommendations
44:45 - Thoughts on leadership
Host of this episode: Margaret Mueller, CEO & President of the Executives' Club of Chicago
Producer: Eva Penar, Chief Content & Communications Officer, the Executives' Club of Chicago
Joe's Recommended Books:
Berkshire Hathaway Annual Reports
What it Takes, Lessons in the Pursuit of Excellence
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