David Morehead

David Morehead, the CIO at Baylor University, oversees a $2.2 billion endowment. He discusses his innovative thematic top-down approach to investment, emphasizing risk management and portfolio construction. Morehead shares insights on the significance of small-cap investments and the evolution from over-diversification to a more concentrated strategy. He also reflects on his diverse investment background and the role of AI in enhancing capital allocation. Besides finance, he opens up about his hobbies and the importance of kindness in professional relationships.

Join Dave Morehead, CIO of Baylor University's $2.2 billion endowment, as he shares his insights on institutional investing. He discusses innovative portfolio strategies, successfully deploying volatility tactics during the 2020 crash. Morehead emphasizes a cautious approach to equity exposure while focusing on secular growth in healthcare and technology. He also dives into the dynamics of bond markets, trade policies, and how institutional funds navigate market volatility while supporting education. A captivating blend of finance and personal stories awaits!

Martin Escobari, Co-President of General Atlantic, and Dave Morehead, Chief Investment Officer at Baylor University, delve into the intriguing world of AI in finance. They discuss the fearsome narratives surrounding AI, explore its transformative potential, and the balance required between human intuition and machine efficiency in investment strategies. With AI's rising role in the industry, they highlight the importance of cognitive diversity and ethical implications, painting a picture of a future where humans and machines can coexist harmoniously in portfolio management.