David Weisburd
๐ค SpeakerAppearances Over Time
Podcast Appearances
You took a step back and you looked at what you're really good at.
You insourced that and you outsourced everything else.
What exactly did you insource and what did you outsource?
A lot of financial advisors will tell you to build this
portfolio, this canonical portfolio of private equity, venture capital, private credit, real estate, et cetera.
But the very elite family offices, the top 1%, they play to their strengths.
They first start with, where do they have alpha?
For you guys, it's food and beverage.
For somebody else, it might be biotech.
For somebody else, it might be venture.
They absorb as much alpha as they can.
And then they have the rest of their portfolio play defense.
on that food and beverage exposure.
So maybe you're more hedged against food and beverage than a typical family office.
Is that how you went about it?
And tell me about how you go about integrating your alpha with, I guess, the beta of the portfolio for lack of a better word.
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