AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Embrace Change for Endowment Success
UCLA and Emory exemplify world-class governance and investment strategies in endowments, with a growing trend of allocators and family offices shifting towards principal investing roles. Building trust within these organizations is essential, often requiring strong performance metrics. The perception of the endowment's role varies among stakeholders, highlighting the importance of alignment with long-term objectives. A key insight drawn from Jeff Bezos’s philosophy emphasizes focusing on constants like lower prices and better selection, which remain relevant over time. The limited exposure to major companies like Apple and Tesla in many endowments points to a tendency to prioritize traditional strategies over innovative opportunities, suggesting a need to lean into emerging trends more decisively.