Karl Scheer is the Chief Investment Officer of the University of Cincinnati's billion-dollar endowment. Before taking the helm at Cincinnati in 2011, he co-ran a family office and spent eight years in the venture capital industry. Our conversation covers Karl's background, running a family office in the teeth of the Global Financial Crisis, high-functioning governance, avoiding the worst managers, taking the hard road, conducting due diligence with popular managers and without checklists, and picking your spots. Book Links John Brooks, Once in Golconda: A True Drama of Wall Street 1920-1938 Edward Chancellor, Devil Take the Hindmost: A History of Financial Speculation John Brooks and Michael Lewis, The Go-Go Years: The Drama and Crashing Finale of Wall Street's Bullish 60s Learn More Discuss show and Read the Transcript Join Ted's mailing list at CapitalAllocatorsPodcast.com Join the Capital Allocators Forum Write a review on iTunes Follow Ted on twitter at @tseides For more episodes go to CapitalAllocatorsPodcast.com/Podcast

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.