Morgan Stanley
includes Morgan Stanley Capital Partners, Morgan Stanley Investment Management, Morgan Stanley AIP, Morgan Stanley Real Estate, Morgan Stanley Wealth Management, Morgan Stanley World Index
28 statements across 12 episodes · 8 bullish · 13 bearish · 12 people on the record · first statement Apr 13, 2017 by Steve Galbraith · said 291 times in 75 episodes since 2017 · across every show →
Mentions by year, the whole family
brought up most by Ted Seides (76), Greg Fleming (15), Carla Harris (15), Aaron Sack (15), Steve Galbraith (12), Michael Levy (9), Melanie Pickett (9), Mark Baumgartner (9)
tap a year for its mentions
2026 19 mentions in 4 episodes 5 per episode
- Building Durable Real Estate Portfolios at Morgan Stanley – Lauren Hochfelder (EP.514)
- Kieran Goodwin – Private Credit Concerns (EP.494)
- Stephen Gilmore – CalPERS' Total Portfolio Approach (EP.486)
- Lane MacDonald – Teamwork, Alignment, and Investing at the Highest Levels at SCS (EP.483)
- every mention in 2026, scene by scene →
2025 16 mentions in 8 episodes 2 per episode
- Kipp deVeer – Scaling for Private Wealth Globally in Credit (Private Wealth 5, EP.449)
- Michael Kelly – Democratizing Access to the Middle Market at Future Standard (EP.473)
- Brett Barth and Evan Roth – Stewarding Family Wealth at BBR (EP.433)
- Dave Thornton – Unlocking Venture Access Through Stock Options at Vested (EP.469)
- Mason Morfit and Rob Hale – Quiet Activism at ValueAct (EP.462)
- Jack Kokko – Building the Google of Finance at AlphaSense (EP.461)
- Kristin Kallergis Rowland – Alts at J.P. Morgan's Private Bank (Private Wealth 4, EP.447)
- Michael Sidgmore – Alternatives Go Mainstream (Private Wealth 1, EP.443)
- every mention in 2025, scene by scene →
2024 11 mentions in 4 episodes 3 per episode
2023 53 mentions in 8 episodes 7 per episode
- Aaron Sack – Branded Middle Market Investing at Morgan Stanley (Capital Allocators, EP.311)
- Michael Levy – Crow Family Real Estate Empire (EP.353)
- Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
- Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
- Kiyan Zandiyeh – Empty Rooms: Venture Capital on the Emerging Frontier at Sturgeon Capital (Capital Allocators, EP.317)
- Amy Falls – From Bonds to Boards to Leading Northwestern (Capital Allocators, EP.316)
- Tom Steyer – Investing to Save Humanity (Climate Solutions EP.1, Capital Allocators EP. 300)
- John-Austin Saviano – Emerging Managers and IC Governance (Capital Allocators, EP.294)
- every mention in 2023, scene by scene →
2022 47 mentions in 14 episodes 3 per episode
- Carla Harris – Pearls of Career Wisdom (Capital Allocators, EP.267)
- Melanie Pickett – Modern Technology in the Investment Office at Northern Trust (Capital Allocators, EP.281)
- John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
- Annie Duke – The Power of Quitting (Capital Allocators, EP.273)
- Thomas Majewski – Empty Rooms: Masterclass on CLOs at Eagle Point Credit Management (Capital Allocators, EP. 284)
- Frank Brosens – Culture and Partnership at Taconic Capital (Capital Allocators, EP.282)
- Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278)
- Jack Sommers – Core Fixed Income at IR+M (Manager Meetings, EP.39)
- 6 more episodes that year, every mention in 2022 →
2021 34 mentions in 12 episodes 3 per episode
- Private Equity Masters: Paul Salem – Providence Equity Partners (Capital Allocators, EP.175)
- Bill Ford – General Atlantic (Manager Meetings, EP.03)
- Savneet Singh – The Operator/Investor whose Software is Feeding the World (Capital Allocators, EP.220)
- Will Cook - Sunriver Management (Manager Meetings, EP.22)
- Jordi Visser – Analytics and AQ at Weiss (Capital Allocators, EP.221)
- Matt Spielman – Executive Coaching in Asset Management (Capital Allocators, EP.210)
- Jonathan Lewinsohn – Diameter Capital Partners (Manager Meetings, EP.05)
- Chas Cocke - From Allocator to Manager (Capital Allocators, EP.224)
- 4 more episodes that year, every mention in 2021 →
2020 39 mentions in 9 episodes 4 per episode
- Greg Fleming – Building and Running Rockefeller Capital Management (Capital Allocators, EP.125)
- Diversity, Equity & Inclusion 1: Jacob Walthour – A Blueprint for Diversity (Capital Allocators, EP.151)
- Beezer Clarkson – Sapphire Gem of Early Stage Venture (Capital Allocators, EP.120)
- Diversity, Equity & Inclusion 3: Shundrawn Thomas – Leading the Way (Capital Allocators, EP.153)
- Randall Stutman - Admired Leadership (Capital Allocators, EP.150)
- Sustainable Investing 8: Lauren Taylor Wolfe – Activist Perspective (Capital Allocators, EP.146)
- Daniel Adamson – Innovation from Asset Giants at Capital Constellation (EP.136)
- Michael Mauboussin – Consilient Observations in a Crisis (Capital Allocators, EP.127)
- 1 more episode that year, every mention in 2020 →
2019 18 mentions in 4 episodes 5 per episode
- Jordi Visser – Next Generation of Manager Allocation (Capital Allocators, EP.92)
- Steve Rattner – Overseeing Michael Bloomberg's Family Office (Capital Allocators, EP.113)
- Khe Hy – Radical Shift from Investing to Purpose (Capital Allocators, EP.101)
- Ron Biscardi – Putting Hedge Funds in Context (Capital Allocators, EP.83)
- every mention in 2019, scene by scene →
2018 20 mentions in 5 episodes 4 per episode
- Mark Baumgartner – Luck, Risk and Uncertainty at the Institute for Advanced Study (Capital Allocators, EP.77)
- Steven Galbraith – In the Boardroom (Capital Allocators, EP.48)
- Andrew Tsai – Catching a Theme on the Chalkstream (EP.73)
- Josh Wolfe – Seeing the Lux (Capital Allocators, EP.65)
- Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46)
- every mention in 2018, scene by scene →
2017 34 mentions in 7 episodes 5 per episode
- Thomas DeLong – Authentic Leadership (Capital Allocators, EP.18)
- Steven Galbraith – Five Tool Player (Capital Allocators, EP.01)
- Chris Douvos – Venture Capital's Super LP (Capital Allocators, EP.14)
- Jim Dunn – Protect, Perform, Provide (Capital Allocators, EP.24)
- Andrew Golden – Beyond the Long Term (Capital Allocators, EP.13)
- Tom Lenehan – Perpetual Thinking at Rockefeller University (Capital Allocators, EP.04)
- Brett Barth – Asset Allocation for Families (Capital Allocators, EP.03)
- every mention in 2017, scene by scene →
Everything said about Morgan Stanley, oldest first
Apr 13, 2017 bearish
Jul 24, 2017 negative
DeLong: Returned to academia because Wall Street culture avoided substantive conversations
“When I was at Morgan Stanley, and I would have what I would call something other than deeply shallow conversations. We would have substantive conversations with folks, and then when they'd get back in the group, it was back to golf, and it was back to redecora…”
Jul 24, 2017
Jul 24, 2017
DeLong: Created the First Performance Evaluation in Wall Street History
“I couldn't believe the way people were compensated. I couldn't believe the way people were promoted. It was literally an old boy system, and I went right after that, and helped create the first performance evaluation in the history of Wall Street.”
Mar 25, 2019 negative
Mar 16, 2020 positive
Fleming: Gorman's wealth management push successfully differentiated Morgan Stanley
“I thought the business model that James had started to put together was the right one. They had asset management, they had wealth management, they had the investment bank. But the wealth management to me was a key part Of what could differentiate them, and no …”
Mar 16, 2020 positive
Mar 16, 2020 neutral
Fleming: Rockefeller's fastest growth is in external manager allocations
“The business that we've grown the most since we bought the firm is more external because that's the model they're used to. So if we hire a team from Merrill Lynch or Morgan Stanley, UBS, JP Morgan, they're used to more of an external manager model.”
Aug 23, 2021 negative
Spielman: Most trading floor workers lived in quiet desperation for bonus checks
“I saw a majority of the people, as I say, living out the Henry David Thoreau quote, which is the mass of people lead lives of quiet desperation. There were people there who absolutely loved what they did. They had Bloomberg terminals at home. They read Barron'…”
Nov 29, 2021 negative
Cocke: Wall Street cap intro pitches prioritize marketability over fund performance
“I started to realize, you know, what's happening is the Goldman Sachs and Morgan Stanley's of the world are getting these guys in their cap intro department and they're creating their presentations for them, which it occurred to me what that really meant is th…”
May 19, 2022
Barber: Wall Street leaders in 1970s and 1980s rose through syndicate desks
“And if you go back in time, John Goodfriend, the legendary CEO of Solomon brothers had been the syndicate manager of Solomon brothers, Ralph D'Annunzio, the legendary CEO of Kidder Peabody had been the syndicate manager. Tommy Saunders, a very legendary Morgan…”
Nov 21, 2022 neutral
Brosens: Goldman Sachs was considered a 'middling firm' early in his career
“It was viewed as kind of a middling firm at the time. The big firms at the time were First Boston, Morgan Stanley. The banks really weren't players in the space. JP Morgan wasn't really considered a competitor. There were other smaller firms, Bear Stearns, et …”
Apr 27, 2023 bearish
May 15, 2023 negative
Nov 27, 2023 negative
Nov 27, 2023 negative
Jul 30, 2026 positive
Hochfelder: Pooled fund incentives force holistic thinking over regional bias
“The incentive structures within our funds became pooled incentive structures. Instead of having individual deal level or regional level incentives, we have pooled incentives. That shifts behavior and forces people to work and think holistically.”
Jul 30, 2026 negative
Jul 30, 2026 bullish
Jul 30, 2026 positive
Hochfelder: Real estate requires active asset transformation over passive holding
“For the assets we own, it's not just buy and hold, it's buy and change. You can transform these assets. That's one of the things that's less understood about both real estate and infrastructure is how active those assets are. It's not Just that durable cash fl…”
Jul 30, 2026 bearish
Hochfelder: Morgan Stanley pulled back from U.S. office real estate pre-COVID
“Another space that we avoided and pulled back on pretty meaningfully was U.S. Office pre-COVID. Not because we were so brilliant to think Americans wanted to work in their pajamas, because having that global perspective enabled us to understand the capex inten…”
Jul 30, 2026 negative
Hochfelder: Public alternative managers prioritize AUM growth over investment selectivity
“You've seen more and more mega cap managers that are publicly traded, alts asset managers. Their share price is ultimately going to be a function of their AUM growth. People follow incentives. They are doing the right thing by their shareholders to grow. We ha…”
Jul 30, 2026 positive
Jul 30, 2026 bullish
Morgan Stanley Real Assets targets deglobalization, aging demographics, and power needs
“Today, we know we're living in a multipolar world where there's a U-turn on globalization. We know we have aging demographics in most global markets, increased power needs. We position our portfolios and our investment strategies to capitalize on those structu…”
Jul 30, 2026
Hochfelder: Real estate investing tracks shifts in fundamental human behavior
“Real estate is just a function of how people use space, where they want to live, how they want to work, how they want to consume goods, whether it's in store or online, how they want a vacation. That constantly brings you back to basic judgments about how we l…”
Jul 30, 2026 bearish
Jul 30, 2026 bullish
Jul 30, 2026 neutral
Hochfelder: Real estate now requires outsized income growth over cheap borrowing
“If you think about post GFC, multiple expansion or cheap borrowing drove a lot of return. Today, we live in an environment with rates more elevated, relatively range bound. That means you need to be invested in those spaces where you can see outsized income gr…”