The Culture Matters Podcast

Season 10, Episode 120: Guest: Gary Nash: The Call of Wall Street

February 23, 2023 Jay Doran Season 10 Episode 120
The Culture Matters Podcast
Season 10, Episode 120: Guest: Gary Nash: The Call of Wall Street
Show Notes

Gary Nash has been a financial advisor and consultant for over 10 years on Wall Street. Nash pursued an architecture degree due to his creativity, but soon realized Wall Street was calling him.

“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stock as long as the fundamental story of the company hasn’t changed.”  - Peter Lynch

00:00 Jay introduces Gary Nash, a financial advisor/consultant & Wall Street professional.

11:03 Gary shares his past experiences with racism and breaking barriers, such as being the first black class president of his high school.

21:19 While others look at the Stock market as a gamble, Nash looks as a great investment opportunity if you play smart.

31:51 “A company is almost like a living entity, you want to grow it.”

42:40 Technological advances control the stock market and its investments.

54:32 Nash explains how influential board members are to a company and why it’s crucial to curate your board specifically for your service/product or your demographic.

01:04:54 At the end of the day, the CEO’s job is to make the shareholders happy because it is a direct correlation of the company’s success.

01:14:37 Company sell outs can be beneficial because the buyer has the finances or connections to expand in a way the original owner would not otherwise be able to achieve.

01:22:54 “What is a junk bond?” (High yield bond)

01:33:09 Gary finds comfort in the bible and his own interpretation.