

[REPLAY] - Ashby Monk – Asset Giant Futurist (Capital Allocators, EP.29)
May 24, 2021
Ashby Monk, Executive Director at Stanford's Global Projects Center and co-founder of Long Game, shares his insights on innovative capital allocation. He discusses transformative low-cost approaches for large asset owners, comparing global retirement systems and emphasizing the importance of personal savings through unique prize-based strategies. Monk highlights opportunities in venture capital and the need for transparency in financial fees, aiming to create impactful solutions for both institutions and individuals. His passion and creativity could reshape the future of finance.
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Career Shift
- Ashby Monk's career began in banking and venture capital but shifted after 9/11.
- He and his wife then pursued master's degrees at the Sorbonne and doctorates at Oxford.
Economic Geography
- Economic geography uses a multi-method approach, incorporating data, interviews, and case studies.
- It builds theory from the bottom up, challenging traditional economic models.
US Retirement System Woes
- The US retirement system faces a significant funding problem, lacking the political will for mandated savings or effective management models.
- Defined contribution plans are inadequate, offering insufficient guidance and exposing individuals to misinformation.