Endowment Management
topic on 1 show · 2 statements across 2 episodes
2 statements about Endowment Management, every show
Applying ERISA-style pension rules to family and endowment management destroys value
“What I'm criticizing is misapplying it
Into family and endowment management, where we should like tracking error.
We should think about what you need to do to outperform, not shy away from it.
I guess that's my biggest pet peeve, is best practices that are act…”
Endowment Management Offers Infinite Time Horizons and Structural Flexibility
“He said, you know, it's the most amazing job. It's like the closest you'll ever come to managing your own multi-billion dollar fortune. You have incredible flexibility low liquidity needs, Long, if not infinite time horizon, few tax headaches, a single client,…”