Morningstar - Q2 2023 - 57
Street money. But I ended up being a teacher.
I teach financial education.
Ross Mac: Why did I originally get into finance?
One thousand percent, it was all for the money.
Coming from the South Side of Chicago, this was
the next best thing to going to the NBA. It was
all about trying to make the most amount of money
by working at Morgan Stanley, being on Wall Street,
being on a really high-revenue-generating desk.
One of the biggest things I'll say: The greatest
teacher isn't necessarily what we're taught,
but what we're exposed to. I was exposed to a lot
of secrets just walking down the aisle, seeing
executive directors or managing directors checking
their 401(k). Going to UPenn, I'm seeing kids
day trading in the middle of class. I'd never even
seen people trade in my life. That's what made me
want to start investing.
I ended up coming back to my hometown,
where I worked at a hedge fund, and I'm hearing
conversations that people that look like us
aren't privileged. I wanted to find a way to bring the
experiences that I had back to the community.
Why do I do what I do now? It's all about trying to
help liberate our people. How can I take the
secrets that I learned on Wall Street, both informally
and formally, and bring that back to our people?
How can I make learning about finance exciting and
more easily digestible?
Maconomics is going to make you laugh, but
we're also going to help inform you. Because
people shy away from the things that they
are nervous about. People will talk about who their
favorite athlete is. People will talk about who's
trending right now on The Shade Room and Twitter.
But they're not going to talk about investing.
They're not going to talk about how to improve their
credit score and retirement planning. So
Maconomics as a brand is making investing more
accessible for our community.
Culture Shock
Peterson: You both alluded to the deficit of Black faces
on Wall Street. Why do you think that is? Are there some
ways that that can change?
Shareef " Ross Mac " McDonald,
creator of Maconomics Media.
Ashley M. Fox, CEO of Empify.
morningstar.com/products/magazine
57
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Morningstar - Q2 2023
Table of Contents for the Digital Edition of Morningstar - Q2 2023
Contents
Morningstar - Q2 2023 - Cover1
Morningstar - Q2 2023 - Cover2
Morningstar - Q2 2023 - Contents
Morningstar - Q2 2023 - 2
Morningstar - Q2 2023 - 3
Morningstar - Q2 2023 - 4
Morningstar - Q2 2023 - 5
Morningstar - Q2 2023 - 6
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Morningstar - Q2 2023 - 57
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Morningstar - Q2 2023 - Cover3
Morningstar - Q2 2023 - Cover4
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