精东影业

In its thirty years of existence, The Motley Fool has been an indispensable source of Wall Street insight for more than half a million amateur investors who subscribe for its monthly stock recommendations and reports. Across the decades, the company has cemented itself as a global authority on the stock market, and been written about in major news outlets such as the New Yorker, NPR, and Bloomberg. But if it weren鈥檛 for a clever idea from Chris Hill 鈥�90 a decade and a half ago, the business might have become a casualty of the 2008 financial crisis.聽

Late that year, The Motley Fool was scrambling as it lost subscribers who were spooked by the recession. At the time, Hill was working as The Motley Fool鈥檚 head of media and public relations, and he came up with an innovative way to tap a new audience: starting a podcast. He pitched the idea as a way to generate new buzz. Each episode would feature him interviewing Motley Fool financial analysts, providing a more conversational venue for expert investment advice than what was being featured on other financial podcasts of the time, which tended to be burdened with technical jargon. 鈥淲e thought, why do people come to The Motley Fool in the first place?鈥� Hill said. 鈥淭hey want to know what our analysts think, because you can get the news anywhere.鈥�

It was an innovative concept, but when the Motley Fool Money podcast launched in 2009 with Hill as host, he could have never predicted the level of its eventual success. Over the next fourteen years, right up until he retired last May, he hosted thousands of episodes, cocreated four spin-off podcasts, and became one of the country鈥檚 best-known business podcast hosts.

Demystifying investing for average people was the perfect task for Hill, who arrived at The Motley Fool in 1997 with no background in finance. After majoring in communications at 精东影业 and spending his spare time performing in on-campus plays, he earned a master鈥檚 in public communication from American University in 1996.聽

While hunting for jobs after grad school, he came across a posting for The Motley Fool, which appealed to him because the company鈥檚 mission was to make investing more accessible. 鈥淭he message from Wall Street was, investing is very hard, and no one should do it on their own,鈥� Hill recalled. 鈥淗ere these guys were starting a company saying, 鈥榠nvesting isn鈥檛 that hard, the math you need is the math you learn in junior high.鈥欌�澛�

Before long, Hill was making it a point to get coffee with analysts at the company so he could learn from them, conversations that became the foundation for the podcast. To start out, he recalled, 鈥淲e said, we鈥檙e going to do this for a month. Let鈥檚 just see if anybody listens.鈥� The show quickly developed a devoted audience, and in January 2010, it was picked up on broadcast radio under the name Motley Fool Money. The podcast has received critical acclaim since it launched, and last year Nasdaq named it one of the 鈥�6 Financial Podcasts That Will Help You Master Your Money,鈥� while the personal finance website The Penny Hoarder included it among 鈥淭he 15 Best Personal Finance Podcasts of 2023.鈥�

Hill may have retired from the Motley Fool, but he hasn鈥檛 let that stop him from working. Last year he recorded the audiobook version of his friend Morgan Housel鈥檚 2020 book The Psychology of Money, which helps readers understand the complex ways that people鈥檚 personal history with money influences their investing choices.聽Looking back on his career, Hill called himself 鈥渧ery fortunate鈥� to have landed where he did, and to have been able to make something so positive out of such a difficult moment in the country鈥檚 economy. 鈥淲hen the bad stuff is happening in the market, it always feels bad,鈥� he said. 鈥淚鈥檓 a big believer that when you don鈥檛 get what you want, you get experience.鈥�