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David Weisburd

👤 Speaker
3481 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E298: How Family Offices Think About Illiquidity, Taxes, and Compounding

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How I Invest with David Weisburd
E298: How Family Offices Think About Illiquidity, Taxes, and Compounding

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How I Invest with David Weisburd
E298: How Family Offices Think About Illiquidity, Taxes, and Compounding

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How I Invest with David Weisburd
E298: How Family Offices Think About Illiquidity, Taxes, and Compounding

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How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Chris, I've been very excited to chat.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Welcome to the How Invest podcast.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

You were CIO at CalSTRS for 23 years.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Now that you're a little bit removed from that position, what were the key decisions that you made over those 23 years that really shaped the fund and your pool of capital?

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Today, it's $350 billion.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

How were you able to achieve above median returns?

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Is it just siloing and giving the governance to individual teams or was there more to it?

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Unpack that.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

How were you able to lower costs?

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

One of the hardest things of investing is seeing what's shifting before everyone else does.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

For decades, only the largest hedge funds could afford extensive channel research programs to spot inflection points before earnings and to stay ahead of consensus.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

Meanwhile, smaller funds have been forced to cobble together ad hoc channel intelligence or rely on stale reports from sell-side shops.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

But channel checks are no longer a luxury.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

They're becoming table stakes for the industry.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

The challenges has always been scale, speed, and consistency.

How I Invest with David Weisburd
E296: Former CIO of CalSTRS on Why LPs Overpay for ‘Innovation’

That's where AlphaSense comes in.