Masters in Business Ted Seides on the World’s Elite Money Managers
18 snips
Aug 11, 2023 
Ted Seides traces his path from Yale’s investment world to studying how elite money managers choose funds and build portfolios. The conversation ranges from hedge funds, Warren Buffett’s famous bet against them, and Yale’s early moves into alternative assets to the role of governance, diversification, and relationships in investing.
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Transcript
Episode notes
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Introduction
00:00 • 2min
How I Got Started in the Investment Business
02:11 • 3min
The Importance of Diversification in Endowment
04:43 • 2min
The Importance of First Principles in Allocation Management
06:38 • 3min
How to Select the Right Manager for Your Asset Class
09:40 • 3min
The First Mover Advantage at Yale
12:13 • 2min
The Importance of Emerging Managers in Hedge Funds
13:51 • 2min
The History of Climate Denialism
16:06 • 2min
Warren Buffett's Response to Hedge Funds
17:51 • 2min
How to Get Someone's Attention
20:00 • 2min
The Patsy at the Poker Table
21:38 • 3min
The History of Hedge Funds
24:16 • 2min
The Challenge of the Hedge Funds
26:05 • 3min
The Pushback to the S&P 500
28:37 • 3min
The Evolution of the Buffett Bet
31:22 • 3min
The Irony of Warren Buffett's 2008 Annual Letter
34:24 • 2min
The Benefits of Hindsight
36:37 • 2min
Warren Buffett: The World's Greatest Investor
38:22 • 2min
The Importance of Wisdom in Retirement
40:06 • 2min
The Bet for Allocators
42:11 • 2min
The Importance of Writing a Piece
43:41 • 2min
The Importance of Relationships
45:32 • 2min
Warren Buffett and the Giving Pledge
47:32 • 2min
Don't Be So Short Term
49:20 • 3min
The Problem With Limiting an Assessment of Returns Only to Marking Conditions in the Moment
51:53 • 2min
The Importance of Perpetual Capital
53:46 • 3min
The Importance of Diversifying Away From Fraud
56:18 • 2min
The Importance of a Good Governance Structure
58:23 • 2min
The Palace Coup and the Disadvantages of the Investment Pool
01:00:21 • 2min
The Problem With ESG
01:01:58 • 2min
The Evolution of ESG
01:03:40 • 3min
The Evolution of Diversifying Strategies
01:06:15 • 2min
ESG: A Risk Management Filter for Boards of Stocks
01:07:50 • 2min
The History of Climate Denialism
01:09:20 • 2min
Capital Alligators
01:10:53 • 2min
How to Promote Your Podcast
01:13:04 • 2min
How to Get to the Point Where People Are Listening Other Than Institutional Allocates
01:14:39 • 2min
How to Record a Podcast Guest Story
01:16:22 • 3min
The King of Collectibles
01:18:57 • 2min
How to Be a Creative Customer, Customer Focused Organization
01:20:33 • 2min
The Importance of People in Investing
01:22:23 • 2min
How to Be a Successful Capital Allocator
01:24:01 • 2min