Ana Marshall, CIO for the $14B William and Flora Hewlett Foundation, discusses her book 'The Climb to Investment Excellence.' Topics include overcoming challenges, separating opportunity set and manager selection, delusions in investment decision-making, executing investment strategies, challenges and collaboration in the investment industry, and lessons learned from influential figures in the industry.

Konstantine Buhler, Ana Marshall, and Jason Calacanis discuss VCs not raising funds, challenges for new fund managers, capital deployment, emerging managers, Cisco's $1B AI fund, AI applications, M&A vs. IPO investments, and Lightning round on latest investments

Ana Marshall, VP and CIO for The William and Flora Hewlett Foundation, discusses her passion for investing, company meetings for manager selection, portfolio structure, measuring risk, perspectives on peers, internal dynamics, and learning from mistakes.