“The loudest voices in the room are seldom the best investors, the people sharing the best knowledge. Sometimes the people who are the quietest are sharing some of the most interesting insights.” – David McDonough
David McDonough (@DavidMcDoughnut) is Founder/CEO of Commonstock, a platform that securely connects to multiple brokerage accounts to give a social aspect to investments and empower everyday investors. He previously worked at Google in product strategy and ventures, and was an Investment Analyst at Greenspring Associates.
To listen to David’s bonus interview and learn more about his habits and routines, click here.
For more, explore the transcript of this episode.
Chapters in Part 1 of this interview:
- David’s background leading to Commonstock
- Commonstock’s mission and setup
- How Commonstock is serving modern investors
- The future of social investing
- Making investing accessible to all
- The NFT movement
- Lessons for new entrepreneurs
Links from Part 1
- Connect with David McDonough: Twitter | LinkedIn | Commonstock
- Lehman Brothers
- Warren Buffett
- TD Ameritrade
- NFT (Non-Fungible Token)
- Elon Musk
- Milton Friedman
- Increase in CEO compensation since the 1970s
- ETF (Exchange-Traded Fund)
- Jerome Powell
- Six Sigma
- Web 3.0
- Open Seed
- Nike and Colin Kaepernick
- Jeff Bezos
Learn More About This Topic
This light-hearted explainer from The Verge is a great place to start learning about NFTs.
How the blockchain is changing money and business
This 19-minute TED talk with Don Tapscott gives a good intro to how the crypto-world is changing the world of investing.
In his bonus interview, David discusses how his team uses Todoist and the Eisenhower Matrix to prioritize tasks. Here’s a basic overview of how to implement this for your team.
Keep up with the latest investment trends with Commonstock’s weekly blog.
Impact Investing with Sir Ronald Cohen on Outlier Academy
David talks about how modern investors affect business by choosing to invest in companies that align with their own beliefs. Check out our interview with Sir Ronald Cohen, all about impact investing.