Invest Like the Best with Patrick O'Shaughnessy cover image

Invest Like the Best with Patrick O'Shaughnessy

Ric Elias - The Art of Living Well - [Invest Like the Best, EP.388]

Sep 17, 2024
Ric Elias, CEO and co-founder of Red Ventures, shares his inspiring journey from startup struggles to leading a global digital empire. He emphasizes the importance of cultural values and personal growth, discussing the difference between living well and living good. Ric recounts a moving near-crash experience with Captain Sully, highlighting resilience and the power of forgiveness in life and relationships. He explores workplace culture evolution, community empowerment in Puerto Rico, and transformative leadership insights, advocating for purpose over profit.
01:25:06

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Podcast summary created with Snipd AI

Quick takeaways

  • Ric Elias emphasizes that a company's cultural values should prioritize employee well-being and community engagement over purely financial outcomes.
  • His journey illustrates the importance of resilience and humility, highlighting that success often involves a combination of perseverance and luck.

Deep dives

The Power of Ridgeline

Ridgeline offers a comprehensive platform designed to streamline the operations of investment firms. By integrating various systems into a single, automated framework, it eliminates the need for managers to manually coordinate between multiple platforms. This automation significantly reduces time spent on tasks such as reconciling trades and inputting data, freeing up teams to focus on more strategic aspects of investing. The system promotes universal access, ensuring that all team members can access the information they need in real time, ultimately enhancing decision-making and efficiency across the firm.

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