Invest Like the Best with Patrick O'Shaughnessy Humble Giants – Vanguard’s Gerry O’Reilly and Jim Rowley - [Invest Like the Best, EP.06]
Oct 18, 2016
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Gerry O'Reilly's Four Minute Mile
- Gerry O'Reilly broke the four minute mile in college after intense training, dropping nearly six seconds from his personal best.\n- Not breaking it the previous year made him even more determined to succeed.
Vanguard's Culture of Teamwork
- Vanguard culture strongly emphasizes "doing the right thing" for shareholders and teamwork over individual accolades.\n- Success is seen as a collective effort, and praising personal achievements is discouraged.
Trading Skills at Vanguard
- Traders at Vanguard must balance tracking error against market impact when executing trades.\n- Skills in technology, market structure understanding, and teamwork are essential for successful trading.