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Masters in Business

Bridgeway's John Montgomery Gives Away Half of Its Profits

Masters in Business

Bloomberg

Entrepreneurship, Investing, Business

4.42.2K Ratings

🗓️ 3 November 2017

⏱️ 64 minutes

🧾️ Download transcript

Summary

Bridgeway's John Montgomery Gives Away Half of Its Profits

Transcript

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0:00.0

This episode is brought to you by Acre Trader Financial LLC,

0:04.3

making farmland investments available to individuals through a simple online platform.

0:09.8

Visit Acre Trader.com slash masters for a free guide to this low volatility investment.

0:16.2

Join Bloomberg in London on July 6th for foreign direct investment,

0:20.4

scaling new heights. As the Gulf region emerges as a powerhouse for economic growth,

0:25.2

executives explore how international investors can best capitalize on the opportunities

0:30.2

presented by the region, from logistical hubs to expanded tourism.

0:34.5

How can investment into the Gulf fuel growth and innovation on a global scale?

0:39.2

Speakers include leaders from Siemens, Oliver Wyman and more.

0:42.7

Learn more at bloomerlive.com slash new heights.

0:48.0

This is Masters in Business with Barry Redholz on Bloomberg Radio.

0:55.2

This week on the podcast, I have a fascinating guest and I think you'll really enjoy listening to him.

1:01.0

His name is John Montgomery. He is a former civil engineer slash transportation engineer

1:10.6

who decided to take his love of quantitative mathematics and apply it in the world of investing.

1:20.0

If that isn't somewhat unusual enough of a background, he managed to put together

1:25.9

not only a firm that's running eight and a half billion dollars,

1:29.2

but a very unusual firm with Agile here, some very unusual qualifications, including the fact that

1:38.0

Bridgeway gives away half of their profits to various charitable organizations.

1:44.7

Every year, he also has some internal rules about how much he can be compensated relative to

1:51.9

the lowest compensated person in the firm. You know, 30 years ago, the CEO to factory floor

2:00.1

ratio was something about 25 to one. It's now somewhere depending on whose numbers you use,

2:05.6

250 to 400 to one. At Bridgeway, the is paid person, the lowest paid person, it's a seven to one

...

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