The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Morehead: Venture capital industry in total has never lost money over 10-year period
“The industry in total over a 10 year period, I don't think has ever lost money. I'm not sure if I'm a hundred percent correct on it, but as close.”
Morehead: Baylor endowment trails in bull runs but outperformed in 2020 and 2022
“So we know going into it, that in markets like, 2015 to 2019, we're probably gonna trail. And we're okay with that because in 2020 and 20 22, we outperform.”
Morehead: Large-cap to small-cap spread is the widest ever
“Both those things impact small caps more so than large caps, and so the spread between large caps and small caps is the widest it's ever been.”
Morehead: Most managers Baylor parted with beat their benchmarks
“In fact, if you look at the last 13 years, the vast majority of the managers that we have parted ways with have outperformed their benchmarks.”
Morehead: Midstream MLPs Offered 3-4x to 12-14x EBITDA Arbitrage
“So, 10 years ago, there was a private public ARB in the MLP space. You could cobble together the MLP Greenfield at three, four times EBITDA, and then you could sell it to the public markets at 12 or 14 times EBITDA.”