Ashby Monk

11 statements across 1 episodes · 5 bullish · 5 bearish · 1 people on the record · first statement May 1, 2023 by Ashby Monk · said 8 times in 7 episodes since 2017 · across every show →

On the record as a speaker too: Ashby Monk's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Ted Seides (4), Eric Ries (2), Kip McDaniel (1), Daryn Dodson (1)

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Everything said about Ashby Monk, oldest first

May 1, 2023 negative
Insight
Monk: Innovating and deviating from peers gets pension allocators fired
“I often joke that the only way you get fired from a pension fund is you innovate, which means you've deviated from a peer group, and somebody says, huh, what are you up to? And then all of a sudden, you've got to justify it.”
Ashby Monk May 1, 2023 ▶ 34:16 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 negative
Insight
Monk: Standard finance credentials fail to teach asset owner operations
“You can get a PhD in economics. You can get a CFA or a CAIA designation and not necessarily truly understand how sovereign funds operate, how pension funds operate.”
Ashby Monk May 1, 2023 ▶ 9:08 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 negative
Assertion Supported
Monk: Asset owner boards lack tech and data leaders
“I don't see a lot of technologists sitting on boards of directors of pension funds or sovereign funds or endowments. You see lots of ex-finance professionals. You see lots of representative people coming out of the constituencies, teachers, firemen, public emp…”
Ashby Monk May 1, 2023 ▶ 17:53 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 bullish
Prediction Not checkable as stated
Monk: Better ESG data will lower cost of capital via performance links
“And I think the reason it will drive lower cost of capital is because the ESG movement will be more effectively tied to long-term performance of these assets.”
Ashby Monk May 1, 2023 ▶ 53:44 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 neutral
Assertion Supported
Monk: Asset owners manage $120T opaque to most finance professionals
“So that's a 120 trillion dollars in capital that kind of exists in this opaque world to the broader community of Researchers, but also people that just are operating in the financial services industry.”
Ashby Monk May 1, 2023 ▶ 9:17 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 positive
Insight
Monk: Tech's primary allocator unlock is internal portfolio visibility
“If you get your tech stack right, fundamentally transforms what you know about yourself. It's less about what you know about the world. It's great to use technology and chat GPT to go collect knowledge on the world, but ultimately I think the real unlock with …”
Ashby Monk May 1, 2023 ▶ 18:34 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 positive
Insight
Monk: Conservative asset owners only innovate when forced by crises
“So the punchline to answer your question is we often need crises to drive change because these organizations are fairly conservative and slow moving and they are monopolistic. But interestingly, technology is going to reveal little mini crises inside these fun…”
Ashby Monk May 1, 2023 ▶ 36:43 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 negative
Insight
Monk: The investment industry lacks tools to evaluate market recovery shapes
“And so weirdly, we don't have great tools in the investment industry to think about the shape of recoveries. And so we have a lot of work through MPT on drawdowns, on value at risk, We do a lot of work on volatility and variance, but we don't think as much abo…”
Ashby Monk May 1, 2023 ▶ 54:50 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 negative
Opinion
Monk: ESG ratings are like Big Macs—cheap, accessible, but opaque
“You know, I joke with my students sometimes that the ESG ratings are like Big Macs. They're easy to get. They're cheap. They taste pretty good. But it's not clear they make you healthier, and you definitely don't know everything that's inside.”
Ashby Monk May 1, 2023 ▶ 47:30 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 positive
Insight
Monk: Allocators should target specific cash flows over generic 7.2% returns
“Right now, when you say, oh, I need 7.2%, which is a very generic destination, everybody's like, well, I need this amount of private equity, and I need that amount of hedge fund. But when you say, no, no, here's your confidence interval for the amount of cash …”
Ashby Monk May 1, 2023 ▶ 24:57 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
May 1, 2023 positive
Assertion Supported
Monk: Sustainability and ESG factors correlate with faster portfolio recoveries
“So what we're learning, and the findings are still being developed on our team, is that it's these sustainability factors, these long-term factors, employee satisfaction, environmental footprint, things like that, that you would say, well, really good ESG tool…”
Ashby Monk May 1, 2023 ▶ 56:58 Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
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