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David Weisburd

đŸ‘€ Speaker
3481 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Those are pretty leading terms and frames to put on somebody.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

And yeah, we don't have this whole thing where it's very hard to actually frame things neutrally.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

And that downstream consequence is how we think of it and shape our strategy.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Have you found that in your own managers that

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

almost their strength is their weakness.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

What makes them really good at what they do, they would be very bad in other contexts.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Or it comes with this kind of double-edged sword where they have other weaknesses that if they were in other verticals, they would be bottom quartile.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Do you find that oftentimes this is the same?

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

It's the player coach, the great investor also builds the firm because out of necessity?

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Or do you find that they bring in other talent?

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

In your actual portfolio, what tends to happen?

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

And what do you think should happen from the best friends?

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

It used to be venture capitalists didn't use any technology.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

I think they've since caught up, but it's a funny thing.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Well, Anit, this has been an absolute masterclass.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

Thanks so much for taking time and looking forward to doing this again soon.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

That's it for today's episode of How to Invest.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

If this conversation gave you new insights or ideas, do me a quick favor.

How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

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How I Invest with David Weisburd
E313: Why the Endowment Model Doesn’t Work for Taxable Investors

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