Hello and welcome everyone, I'm Patrick O'Shaughnessy and this is Invest Like The Best.

This show is an open-ended exploration of markets, ideas, methods, stories, and of strategies

that will help you better invest both your time and your money.

You can learn more and stay up to date at InvestorFieldGuide.com.

Patrick O'Shaughnessy is a principal and portfolio manager at O'Shaughnessy Asset Management.

All opinions expressed by Patrick and podcast guests are solely their own opinions and do

not reflect the opinion of O'Shaughnessy Asset Management.

This podcast is for informational purposes only and should not be relied upon as a basis

for investment decisions.

Clients of O'Shaughnessy Asset Management may maintain positions in the securities discussed

in this podcast.

My guest today is Morgan Housel, who just about all my listeners will already know.

Morgan just left a long time post at the Motley School to join the Collaborative Fund,

a venture capital firm here in New York City.

Morgan is a good friend who will hopefully be a recurring guest on the show.

In this episode we discuss the differences between private and public markets investing,

how to foster innovation and creativity, how businesses are structured and organized,

and how Morgan finds interesting books and information.

For show notes visit InvestorFieldGuide.com forward slash Housel, H-O-U-S-E-L, and now

please enjoy my conversation with Morgan Housel.

Alright, well thanks Morgan for being here with me today.

I think this might be the first, hopefully in a series of these conversations between

...