endowment boards
2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jul 25, 2022 by Josh Friedman · across every show →
Everything said about endowment boards, oldest first
Jul 25, 2022 positive
Friedman: Institutional boards should provide governance, not act as investment committees
“I tend to prefer boards that work as boards as opposed to boards that work as investment committees. If you have a great team of people and they do their work, there are parameters so that the board or the, quote, investment committee is informed, they rarely …”
Jul 25, 2022 negative
Friedman: Institutional allocators copy foolish market trends due to peer benchmarking
“Sometimes they get a little too caught up in the competition of what everyone else is doing because they all get benchmarked and paid based on how everybody else is doing in the industry. So if everybody's doing goofy things, they might just do the same goofy …”