Jim Williams

13 statements across 1 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Apr 30, 2018 by Jim Williams · said 1 times in 1 episodes since 2020 · across every show →

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

Mentions by year

brought up most by Ted Seides (1)

tap a year for its mentions
0011112020episodesmentions
0112020episodes it came up in
000.50.5112020episodesmentions per episode
2020 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Jim Williams, oldest first

Apr 30, 2018 bullish
Disclosure
Getty Trust overweights energy on strong fundamentals despite negative sentiment
“We have the overweights that I mentioned in China, and the other big overweight is in energy. And what we like about energy, and still do, is the fundamentals are really, really good, but the attitudes, the news reports, the emotions are not good, and that's r…”
Jim Williams Apr 30, 2018 ▶ 1:10:35 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 neutral
Insight
Specialists select better managers, but generalists make better asset allocation decisions
“From that expertise, I think you can do a superior job in manager selection under an asset class structure, but it has shortcomings. You can become too narrow and too insulated or isolated within your asset class, and the generalists do a better job on asset a…”
Jim Williams Apr 30, 2018 ▶ 22:46 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018
Disclosure
Getty Trust's investment team consists of 10 professionals across asset classes
“We're organized along asset class categories. So we have four managing directors. Each of them has an analyst, and then an assistant and myself. So the whole department is 10. We have no responsibilities for back office work.”
Jim Williams Apr 30, 2018 ▶ 21:46 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 positive
Assertion Not publicly verifiable
Getty Trust endowment generated $1 billion in alpha over 15 years
“If we looked at our returns versus benchmark going back over the 15 years that we're here, it's between one and two percent, call it a percent and a half, do a percent and a half on the assets that we have compounded over 15 years. We've had over seven billion…”
Jim Williams Apr 30, 2018 ▶ 19:44 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 positive
Disclosure
Getty Trust holds virtually no core fixed income, preferring credit risk
“Our overweights, we still have some overweights in credit. We have virtually no core fixed income. It's all, we'd rather take credit risk than any kind of duration risk.”
Jim Williams Apr 30, 2018 ▶ 1:10:15 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018
Assertion Not checkable as stated
Over 500 candidates applied for recent Getty Trust investment analyst openings
“The last couple of people we hired, we had over 500 people apply for the opening.”
Jim Williams Apr 30, 2018 ▶ 1:06:31 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018
Disclosure
Getty Trust investment office holds final authority on manager selection decisions
“And the speed advantage is just that the trustees have delegated broad authority to us in the investment office that we have final authority on manager decisions. We don't have to go back to the committee.”
Jim Williams Apr 30, 2018 ▶ 36:19 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 positive
Insight
Portfolio returns are driven primarily by manager selection over asset allocation
“And our internal analysis and look across this is that it's really more manager driven.”
Jim Williams Apr 30, 2018 ▶ 25:54 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 bullish
Insight
Small-to-mid-market managers offer greater inefficiencies and better opportunities across asset classes
“And again, as in all of the asset classes, we have a pretty big bias toward small to mid-market. The smaller managers in virtually every asset class is the space where we're more focused. We think there's more inefficiencies and greater opportunities in that s…”
Jim Williams Apr 30, 2018 ▶ 1:11:38 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018
Disclosure
Getty Trust investment analysts must leave rather than expect internal promotion
“We had one person move from being an analyst to being a managing director, but that's not a normal process, and that may never happen again. So the analyst will eventually have to leave. There's not a step for them, and I try to tell them that really early on.…”
Jim Williams Apr 30, 2018 ▶ 1:05:03 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018
Disclosure
Getty Trust only executes co-investments alongside existing high-conviction managers
“The big but is that it has to be with an existing high conviction manager only. We never do a co-investment that comes in over the transom. We don't do a cold call co-investment. We only do it with our highest conviction managers.”
Jim Williams Apr 30, 2018 ▶ 37:14 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 bearish
Opinion
The current macroeconomic environment is a least dirty shirt market
“This is kind of a least dirty shirt market. So portfolios are made up of a collection of least dirty shirts. There aren't a lot of great opportunities today. It's a least dirty shirt portfolio.”
Jim Williams Apr 30, 2018 ▶ 1:09:47 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Apr 30, 2018 positive
Assertion Not checkable as stated
Co-investments are the Getty Trust's best-performing asset class
“If we put all of our co-investments together from all the different asset classes and put all the co-investments into one pool, it would be our best performing asset class.”
Jim Williams Apr 30, 2018 ▶ 36:58 James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.