Megan Gorman - All The Presidents' Money
A Book with Legs
Smead Capital Management
4.2 • 1.1K Ratings
🗓️ 7 October 2024
⏱️ 78 minutes
🧾️ Download transcript
Summary
In this episode, wealth manager Megan Gorman joins Cole Smead to discuss her newly released work title “All the Presidents’ Money”. The book offers a fascinating dive into the personal finances of U.S. presidents, revealing how their wealth (or lack thereof) shaped their leadership and policies. Gorman offers a compelling mix of history and financial insight to reveal the impact of money on American politics.
Transcript
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| 0:00.0 | You're listening to A Book with Legs, a podcast presented by Smead Capital Management. |
| 0:08.0 | At Smead Capital Management, we advise investors who fear stock market failure. |
| 0:12.9 | You can learn more at Smeadcap.com or by calling your financial advisor. |
| 0:26.0 | Welcome to a book with legs podcast. I'm Cole Smead, CEO and portfolio manager here at Smead Capital Management. At our firm, we are readers, and we believe in the power of books to help |
| 0:30.3 | shaped informed investors. In this podcast, we speak to great authors about their writings. |
| 0:35.0 | The late great Charlie Munger prescribed using multiple mental |
| 0:37.8 | models and analysis. We analyze their work through the lens of business, markets, and people. |
| 0:44.5 | We are deep in the political cycle right now. What better than to talk about presidents and money? |
| 0:51.0 | Megan Gorman is joining us to discuss her newly released book, All the President's Money, |
| 0:55.8 | How the Men Who Governed America Governe Their Money. A little bit about Megan and her background. |
| 1:02.0 | Megan Gorman is the founder and managing partner of Checkers Financial Management in San Francisco. |
| 1:06.0 | Megan's past experience, including working at Aco, a Goldman Sachs company, Boni Mellon, |
| 1:11.5 | wealth management. |
| 1:12.6 | She is also a senior contributor at Forbes. |
| 1:14.7 | She is a trustee to the National Endowment for Financial Education. |
| 1:18.1 | She graduated from Bryn-Mar College and as a JD from Rutgers School of Law. |
| 1:23.1 | Megan, thanks for joining me. |
| 1:25.1 | I have to ask off the top, how did you come to such a unique |
| 1:28.0 | history like presidential finances? Well, first of all, Cole, thanks for having me on. |
| 1:33.7 | You know, I've always loved the presidents, right? I mean, since I was six years old, |
| 1:37.9 | those were the books. I was the one I gravitated to in the library. And as a side note, |
| 1:43.5 | when I was in third grade, it was the |
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