At The Money: How Do Financial Professionals Invest Their Own Money?

In a recent interview, Brian Portnoy, the CEO of Shaping Wealth, discussed his latest work, a book series titled "How I Invest My Money." Portnoy, who has over 20 years of experience in the mutual fund and hedge fund industries, holds a PhD from the University of Chicago. Along with his partner Josh Brown, the book series features contributions from 50 financial professionals, each sharing their personal investment strategies and philosophies.

Portnoy explained the inspiration behind the book series, which began with Josh Brown's blog post in 2019 titled "How I Invest My Money." The post garnered positive feedback, leading Portnoy to invite other financial experts to contribute their own stories. The first volume of the book series was published in 2020, receiving widespread acclaim, and a second volume was released more recently.

When asked about any potential pushback from contributors hesitant to reveal their personal investment strategies, Portnoy reported none. He emphasized the importance of giving permission for financial professionals to discuss how they invest their own money, as most people are accustomed to receiving financial advice from experts while having little insight into how these professionals allocate their own assets.

Portnoy highlighted the diverse range of voices in the book series, showcasing the unique journeys of financial professionals who hold varying levels of success and experience. By sharing these stories, Portnoy aims to provide accessible and relatable insights for readers, allowing them to find guidance in a format that is easy to digest.