Everything Daryn Dodson said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Dodson: Allocators cannot fulfill fiduciary duty without bias reduction
“And that mirror is asking folks to be accountable to the optimization and fiduciary duty that they've signed up for and realize that without bias reduction, that is not being met, and there needs to be a big investment in innovation and getting these tools rig…”
Dodson: Allocators systematically discount Black fund managers with identical track records
“So we secretly tested a 180 asset allocators managing over a trillion dollars in capital and almost every situation that an asset allocator looked at a high performing black lead fund and a high performing white lead fund. When they looked at these two cases, …”
Dodson: Eliminating race and gender bias unlocks a $35 trillion opportunity
“Because there's a 35 trillion dollar opportunity on the other side of getting this stuff right, we believe that it is like those we've partnered with an essential process to one, yeah, make our world a better place, but two, to certainly compete out these retu…”
Dodson: Soft-pedaling feedback to diverse employees stalls their career growth
“One of the common mistakes that people make in mentoring women and people of color oftentimes is that in their organization will during a performance review go easier or not. They're like, well, this person's really experienced a lot of pain in their life. The…”
Dodson: Anti-predatory lending reforms generated $9.1B in annual consumer savings
“That was powerful to have opportunity to work with 60 attorneys on trying to develop statewide frameworks of which we passed a number of them in 2002 to 2005 to stop that to the tune of 9.1 billion dollars a year in savings for those that were overcharged in t…”
Dodson: Diverse managers oversee only 1.3% of $69 trillion in assets
“Asset management is 1.3% Of 69 trillion dollars in capital that are managed by one of the largest demographics of folks on the planet being women and people of color.”
Dodson: Racial bias by fund managers explains the underrepresentation of Black-led companies
“Many fund managers that are looking for companies likely also make that same discounting Within the process of their selection, which helps us understand why Black-led companies are so underrepresented, even despite performance.”
Dodson: Historical racial terror shaped current imbalances in asset management
“When we look at the through line between slavery, the periods of racial terror in our country, lynching, mass incarceration, all of those different time periods have fingerprints on the current imbalance in the asset management business today.”
Dodson: Black boys are expelled at 4x the rate of white peers
“Black boys are over it spelled by four X the rate of their white counterparts.”
Dodson: Homeownership provides essential leverage for launching businesses out of poverty
“The barriers to creating businesses are enormous. And I thought businesses are one of the ways people can break the cycle of poverty. So is home ownership. And there's a big tie between the two. So if you can create a home or buy a home, you can leverage that …”
Dodson: Ben & Jerry's sale to Unilever included 92 binding social mission covenants
“And in the sale, there were a 92 legally binding provisions in the sales agreement, including one that created a board of directors in perpetuity to govern the social economic and quality missions of the company.”