Capital Allocators: How the World's Elite Money Managers Lead and Invest

Capital Allocators: How the World's Elite Money Managers Lead and Invest

  • Downloads:3289
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-03-29 11:13:23
  • Update Date:2025-09-06
  • Status:finish
  • Author:Ted Seides
  • ISBN:0857198866
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

The chief investment officers (CIOs) at endowments, foundations, family offices, pension funds, and sovereign wealth funds are the leaders in the world of finance。 They marshal trillions of dollars on behalf of their institutions and influence how capital flows throughout the world。

But these elite investors live outside of the public eye。 Across the entire investment industry, few participants understand how these holders of the keys to the kingdom allocate their time and their capital。

What's more, there is no formal training for how to do their work。

So how do these influential leaders practice their craft? What skills do they require? What frameworks do they employ? How do they make investment decisions on everything from hiring managers to portfolio construction?

For the first time, CAPITAL ALLOCATORS lifts the lid on this opaque corner of the investment landscape。

Drawing on interviews from the first 150 episodes of the Capital Allocators podcast, Ted Seides presents the best of the knowledge, practical insights, and advice of the world's top professional investors。

These insights include:

- The best practices for interviewing, decision-making, negotiations, leadership, and management。

- Investment frameworks across governance, strategy, process, technological innovation, and uncertainty。

- The wisest and most impactful quotes from guests on the Capital Allocators podcast。

Learn from the likes of the CIOs at the endowments of Princeton and Notre Dame, family offices of Michael Bloomberg and George Soros, pension funds from the State of Florida, CalSTRS, and Canadian CDPQ, sovereign wealth funds of New Zealand and Australia, and many more。

CAPITAL ALLOCATORS is the essential new reference manual for current and aspiring CIOs, the money managers that work with them, and everyone allocating a pool of capital。

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Reviews

Asif

This book was a bit of a letdown。 I had high expectations, but after going through the book realized that much of the content is irrelevant。 The only parts that I enjoyed were selected quotes that are towards the end of the book。

Trey Shipp

The Top Lessons From Top Capital AllocatorsTed Seides shares the best tips, advice, and wisdom he has learned from the CIOs, investors, and deep thinkers he has interviewed on the first 150 episodes of his popular Capital Allocators podcast。 The book is short but powerful。 It has three parts:Part 1 gives advice on five skills every CIO needs: - How to interview money managers - Tips on decision-making - Tips on negotiating - How to lead the team - How to manage the team and develop talentPart The Top Lessons From Top Capital AllocatorsTed Seides shares the best tips, advice, and wisdom he has learned from the CIOs, investors, and deep thinkers he has interviewed on the first 150 episodes of his popular Capital Allocators podcast。 The book is short but powerful。 It has three parts:Part 1 gives advice on five skills every CIO needs: - How to interview money managers - Tips on decision-making - Tips on negotiating - How to lead the team - How to manage the team and develop talentPart 2 explains five frameworks of the allocator’s environment - The critical but often overlooked impact of the fund’s governance structure - The investment strategy - Elements of a good investment process - How to use new technology - How to deal with uncertaintyPart 3 is a collection of the best quotes from his podcasts。 Some of my favorites: “Anyone who thinks nothing lasts forever has never invested in a bad private equity fund” – Karl Scheer, University of Cincinnati Endowment “Manager skill is rare。 It’s really hard to identify in advance。 Sometimes it’s hard to identify after the fact。” – Matt Whineray, New Zealand Super Fund “Emphasize the reflective over the reactive。” – James Aitken, Aitken AdvisorsI also like that Seides gives a list of books and links to learn more about each topic。 And he includes in an appendix an example of a preparation document with key questions to ask money managers during an interview。Overall, this book is a valuable collection of wisdom and advice。 。。。more