Peter Ricchiuti

Host of Out to Lunch / Executive Council

Peter Ricchiuti is the finance professor you wish you had back in college! He is the Assistant Dean at Tulane University's A.B. Freeman School of Business, and his insight and humor have twice made him the School's top professor. After a successful career on Wall Street, Ricchiuti served for five years as Assistant State Treasurer and Chief Investment Officer for the State of Louisiana. There he skillfully managed the State's $3 billion investment portfolio.

In 1993, Ricchiuti founded the Burkenroad Reports investment research program, where he leads a team of more than 160 business students in search of the investment "skinny" on undervalued stocks in six southern states. Ricchiuti and the Burkenroad Reports have been featured in The Wall Street Journal, The New York Times, Investor’s Business Daily, The Washington Post, CNN and CNBC.

Ricchiuti is a frequent contributor in financial and business media, including Marketplace, the nationally broadcast public radio program. He is a popular speaker at meetings and conferences throughout the United States and in Europe. His unique presentation style puts him in front of a wide variety of audiences, including his selection by the NFL to teach investment workshops to the New Orleans Saints.

Grant Morris / It's New Orleans

There are a lot of people these days claiming how well New Orleans is doing and that in business terms we're now competitive with almost any city in the country. If you'd like proof that this is fact, and not just feel-good boosterism, this edition of Out to Lunch might convince you. GE is the 6th largest company in the Fortune 500. They've been quoted as saying "New Orleans is becoming the hub of the South." And they're putting their money where their mouth is. In downtown New Orleans, in the Place St. Charles building, GE Capital Technology Center has 70,000 square feet of office space.

Chet Overall / It's New Orleans

If you do your own laundry, you probably think you've got a small mountain of it if you have four or five loads to throw in the washing machine.

Chet Overall / It's New Orleans

A normally functioning human body is something most of us take for granted, until we have personal experience that challenges us. It might be the birth of a child, an accident, or just staying alive long enough to have bits of ourselves wear out.

Rick Lineberger

When you launch a new business, you have no way of knowing whether you're going to make a billion dollars, or make a bunch of decisions that add up to little more than a valuable lesson.

When a small group of New Orleans guys started hosting pop-up foodie dinners in deserted buildings, few could have predicted Dinner Lab would turn out to be a multi-million dollar nationwide business.

Dinner Lab Co-founder Paco Robert joins Peter on this edition of Out to Lunch today, along with Jason Navarro.

Chet Overall / It's New Orleans

“Green” used to be just a color. Now it’s a way of life. Everything from household trash to billion-dollar industrial plants can be “green” — meaning we undertake an activity mindful of the impact we’re having on our environment.

We use the word “green” because it’s the most ubiquitous color in nature. In cities we’ve coined a term for urban nature — Green Space.

Chet Overall / It's New Orleans

If you spend any time driving, you probably know the name “Lamar.” You've no doubt seen it on a billboard. But Lamar is not a product — it’s the name of the company that owns the billboard. In fact Lamar owns more interstate billboards and outdoor advertising than just about anybody in America. And they're based in Baton Rouge.

The CEO of Lamar Advertising, Sean Reilly, is Peter's guest on Out to Lunch.

So is Susan Taylor. Susan has some outdoor artworks too. They’re in the Besthoff Sculpture Garden.

Chet Overall / It's New Orleans

In business, as in everything else, each generation finds a way to separate itself from the past. One of the interesting current generational shifts is the use of new technology to adapt and carry forward skills developed by previous generations. This group of folks call themselves “Makers.”

Eric Bernstein is a local proponent of the Maker movement and founder of a company called Werkly. And on this show Peter welcomes back one of the grandfathers of the New Orleans economic boom, CEO of the Idea Village, Tim Williamson.

It's New Orleans

    

There's an old saying about how to be successful in business —- "Build a better mousetrap." Meaning, find a product everybody wants and do it better. Peter's guests on Out to Lunch today have come up with new variations of products that enjoy massive worldwide popularity. Soft drinks and coffee.

Geoffrey Meeker has a little yellow truck you might have seen around town delivering his French Truck Coffee.

And Roy Nelson has a truck that he drives around town delivering his Fest Cola.

Chet Overall / It's New Orleans

In 1814 it was the British who were "runnin' down the Mississippi to the Gulf of Mexico." Today, ships of almost every nationality are steaming down the river to the Gulf. 54 of them belong to International Shipholding. Their fleet of cargo vessels ply international trade from their current headquarters in Mobile, Alabama but they're set to return soon to their original home in New Orleans.

Grant Morris / It's New Orleans

One of the questions people in the business community have been asking is, what's happens when the post-Katrina economic rejuvenation gets old? Are the next generation of innovators going to go someplace else?

Peter's guests on today's show answer that question with a resounding "no." They both head up new and growing businesses that have been born out of New Orleans' revolution in education.

Libby Fischer is CEO of Whetstone Education, a ground-breaking teacher evaluation system founded in New Orleans and spreading across the country.

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