Why would a man pursuing a career in law and politics suddenly give it all up and gamble his future on a restaurant? Just ask the legendary St. Louis native Danny Meyer, who turned that one restaurant into a hospitality empire and eventually founded Shake Shack, the beloved burger spot with over 250 locations around the world.

Today, with his philosophy of enlightened hospitality and belief in the importance of building community wealth, Meyer continually prods the restaurant industry to level up and create better career opportunities for its workers, while challenging himself to share his insights with new industries through his investment fund.

Matt Hall met up with Meyer in New York to talk about everything from why there is a no-tip rule in Meyer’s restaurants to St. Louis Sports. Get to know more about Meyer’s legendary career in episode 9.

Listen to Episode 9

For the past 10 years, most US investors have been star managers without really trying. In our country, investor portfolios are typically US large-cap dominant, so while they are up this decade (and specifically this year with the S&P), they didn’t fare well the first decade of this century.

I recommend spending a few minutes with this piece from Dimensional. They took a look back at the stock market over the past 20 years. While the 2000s and 2010s have differed starkly in performance, collectively they have reinforced investing lessons on patience and discipline – the real stars! Read their synopsis at the link below.

A Tale of Two Decades: Lessons for Long-Term Investors

How do we explain Take the Long View? Watch this 1-minute video for the answer.