This week, I speak with Zach Buchwald, Chief Executive Officer and Chairman of Russell Investments about his career in investing. We discuss the creation of the smart beta philosophy by Russell 40 years ago. The company also pioneered the idea of an outsourced CIO.
We discuss the transition from pensions to 401ks for retirees. Specifically, the onus for investing has moved to the individual. Zach also describes his proposal for a program, that is now in effect, for a $1000 to every newborn who’s parents open a count to show the importance of compounding.
Zach explains why being “a gay guy in finance” impacted his perspective on the industry, giving him a different viewpoint.
A list of his current reading is here; A transcript of our conversation is available here Tuesday.
You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Bob Moser, CEO and founder of Prime Group Holdings, a private investor in unique real estate holdings. They created Prime Storage, one of the largest, privately-held self-storage brands in the world, with over 19 million rentable square feet of space and 255 locations across 28 states and the U.S. Virgin Islands. The firm has acquired over $10 billion in real estate assets.
Current Reading
