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Kosher Money

The Jewish 34-Year-Old Who Turned Away Millions of Dollars in a Jaw-Dropping Decision (feat. Morris Smith)

Kosher Money

Living Lchaim

Frum, Eli Langer, Management, Jew, Judaism, Religion & Spirituality, Business, Finances, Orthodox, Jewish, Careers

5781 Ratings

🗓️ 6 June 2022

⏱️ 72 minutes

🧾️ Download transcript

Summary

It's not every day a 34-year-old walks away from a career worth millions and millions of dollars.


Meet Morris Smith, who in 1992 was managing over $19 BILLION over at the Magellan Fund, and, in the words of Aish.com, had "achieved a level of success that most others can only dream of."


So why walk away from it all? That's exactly what we asked this righteous man.


Enjoy the episode!


You can reach Morris Smith at [email protected] - tell him we say hi!


SPONSOR LINKS

🏡 Need a Mortgage? They're Epic - https://approvedfunding.com/mortgages/

🙇‍♂️ Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney


All investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. Got it? Good!


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Kosher Money is produced by Living Lchaim and you can find more shows here: https://LivingLchaim.com



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Transcript

Click on a timestamp to play from that location

0:00.0

Picture this. You're 35 years old. You manage $13 billion. Your career is taking off like a rocket,

0:09.2

and you decide to close up shop, move to Israel, and be closer to God. Sounds like a dream.

0:17.8

Well, that's exactly what someone did. Our next guest is Morris Smith.

0:23.1

Currently resides in the five towns here in Long Island.

0:26.7

And his story is highly, highly unusual.

0:30.3

But there's a lot we can learn from it.

0:33.6

And I hope you do.

0:36.0

We touched on some key points that I think anyone in their 20s, 30s, 40s, 50s, 60s, 70s, 80s, 80s, 90s can take something from it.

0:44.9

And yeah, if you're 102 years old, you can learn something from this as well.

0:49.3

I don't want to give too much away without further ado.

0:54.7

That's Sadeick, Morris Smith.

0:58.6

Being a Jew, awesome.

1:00.8

Managing personal finances?

1:02.9

Not so awesome.

1:04.2

Welcome to kosher money.

1:06.5

Welcome back to kosher money.

1:09.6

Privileged to have today with us, Morris Smith from Lawrence, New York.

1:13.8

Thanks so much for being here.

1:14.9

Thank you.

1:15.3

Good morning.

1:16.2

So when I Google Morris Smith, a few people actually reached out suggesting we have you on.

1:21.8

I said, okay, I've heard the name.

...

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