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849 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

It could be that they truly don't have room in their program.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

It could be that they don't actually think you're as great as you thought they thought you were.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

It could be a whole slew of things.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And so learning to not have the expectation really has gone a long way.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And I've shared that same wisdom with folks who have come to me in a frustrated moment.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And I'm like, here's how I got through it.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And it genuinely has helped.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

if you lead with like, if empathy is kind of a natural part of who you are, you end up seeking out other people that you sense that that is a quality that they share.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And I do think in our business, which is a people business, it's a relationship business.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

We are not only, not only do we require these strong relationship ties for capital raising, but for deal sourcing.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And then once you're in a deal to be working with the management teams and getting to

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

you know, the outcome that you underwrote.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

Like at the end of the day, this is a very people centric business, relationship centric business.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And so I do think it's, it does help to have an empathy bone in our business.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

Now that said, look, we also are put in positions where we got to make tough calls all the time.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

And so you can't let that, you can't let your empathy be taken for weakness, so to speak, or let it, you know, override your common sense in certain situations.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

But I do think having empathy in general as a trait is something that makes you a better investor at the end of the day.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

I want to be able to look back and say that I moved the needle on things that were needle moving for people who who needed that.

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

So what do I mean by that?

How I Invest with David Weisburd
E292: How the Former CalPERS CIO Built a High-Performance Investment Culture

Like I started with I'm a very mission driven person.