2min chapter

Acquired cover image

Benchmark Part I

Acquired

CHAPTER

Stanford Black Balls Benchmark Insane

The number one fear is everything looks great on paper So we wrote a big check but it turns out these guys can't work with each other. The heat brought home a championship and I think actually the analogy holds here of like a fund might bring home a championship But if you're a large endowment, you don't care about one fund Right, you want to back an enduring franchise? You want 10 funds? Yes so Stanford black balls benchmark insane Totally insane now.

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