Larry Kochard
speaker
464 appearances
1 recordings
1 series
first heard Feb 2026
last heard 11 Feb
Larry Kochard’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Feb 2026 with 1.
Appearances
So that's not gonna be good.
But what I would say is you end up figuring out what is the most you can handle
from a risk standpoint, from an asset allocation standpoint, and still meeting the long-term objectives of the institution.
So having say over allocation to that relative to other institutions,
But then the rest of the portfolio, it might take you a time to build that out.
And a good default option is just being passive.
If you were just starting from scratch, play to the strength of the institution.
Where are the relationships that you can leverage day one?
But then the rest of the portfolio, until you develop those level of expertise, let's say you build out a venture portfolio and that was your edge.
Then over time, you developed hedge funds, you developed other private strategies, you developed a public equity portfolio.
You can always be passive and just be passive until you build up that level of capability that is going to be sustainable over time.
But just understand that as opposed to just saying, oh, I have to have exposure to all these active asset classes or even private asset classes, even before I feel I have any kind of edge.
Very well said.
I think that's brilliant.
I would say that is very underrated.
When I look back on my career, if I would have any sort of lesson learned, it would be to approach what we just talked about, whether it's being passive until you're active,
approach that even slower than what I did in the past.
It takes many reps to develop a sense of pattern recognition.
to really understand who's good and who's not.
And it takes years.
Showing 261–280 of 464 · page 14 of 24
← Previous
Next →