Invest Like the Best with Patrick O'Shaughnessy Craig Shapiro – Better for You, Better for the World - [Invest Like the Best, EP.11]
Nov 14, 2016
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Transcript
Episode notes
Grandfather's Legacy
- Craig Shapiro's grandfather immigrated to the US from Russia and built a successful business from scratch.
- This inspired Shapiro's focus on supporting entrepreneurs, which led to the creation of Collaborative Fund.
Balancing Profit and Purpose
- Businesses balancing profit and social good will outperform others, according to Craig Shapiro.
- Financial markets lag behind cultural shifts toward this balance.
Venture Capital's Unique Quality
- Venture capital is unique because it invests in things that don't yet exist.
- This differs from other asset classes where the underlying assets already exist.