Episode 002 – Joe Mansueto, Executive Chairman and Founder, Morningstar
Joe Mansueto discusses how his love of investing led to the creation of Morningstar. Tune in for a deep dive into how he thinks about investing in the City of Chicago now, owning a sports team, Ted Lasso, and more!
:55–What led Joe to Chicago
3:05–Where did entrepreneurial spirit come from
5:20–Discussion of application to business school and initial work life
7:00–Joe meets Warren Buffett
7:45–What triggered the launch of Morningstar
10:25–What Joe did during early years of Morningstar to gain momentum and set the company on the right course
12:40–Joe’s ‘learn fast’ experience
14:15–Succession plan discussion
15:40–Discussion of running family office
17:15–Composition of the family portfolio – passion projects
20:25–Ted Lasso and what the show has meant during the pandemic
21:44–What’s different about the business of running a sports team?
24:25–Joe’s investments in the city.
28:45–Architecture/design and how it impacted the design of Morningstar
30:35–Equity in Chicago and improving the city
35:30–The importance of civic engagement through entrepreneurship
39:25–Biggest point of pride
42:30–Sleep habits and the importance of sleep
43:25–Business book recommendations
44:45-Thoughts on leadership
Thank you to our podcast sponsor, Shure Incorporated.
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