S&P, every mention
34 scenes (said by Ted Seides), the whole family · ← back to S&P
tap a year for its mentions
every year anyone Ted Seides 67Patrick O'Shaughnessy 44Eric Peters 16Jeremy Grantham 10Michael Mauboussin 9Jim Dunn 8Ed Grefenstette 8Dan Ariely 8Josh Brown 7Ari Paul 7
Verbatim, from the transcripts: the passages where S&P comes up
Rodney Comegys – The Mechanics of Indexing at Vanguard (EP.498)
- ▶ 30:45 Ted Seides Probably the biggest these days is the concentration of the S&P. 6 times in the scene
Kieran Goodwin – Private Credit Concerns (EP.494)
- ▶ 2:31 Ted Seides Now, I can't figure out what will happen in private credit, how the private equity bottleneck will ease, what benchmark should replace the S&P 500, or why so many people have reached out commenting on Eric's lack of interest in the show.
Jeremy Grantham – Bubbles, Value Investing, and the Long Game at GMO (EP.493)
- ▶ 2:54 Ted Seides Now, I can't figure out what will happen in private credit, how the private equity bottleneck will ease, what benchmark should replace the S&P 500, or why so many people have reached out commenting on Eric's lack of interest in the show.
Year in Review 2025 (EP.478)
- ▶ 13:12 Ted Seides Median has outperformed the S&P. 2 times in the scene
- ▶ 20:17 Ted Seides S and P's done well, and yet you've got active performance.
Ted on Alt Goes Mainstream (EP.458)
- ▶ 11:33 Ted Seides The S&P four 93 has not performed well.
Eric Peters - Paradigm Shifts and Solutions at One River (EP.422)
- ▶ 12:57 Ted Seides How do you think about the S&P versus some other form of equity beta as the driver of that growth engine? 2 times in the scene
Jon Glidden - Delta Airlines Pension Fund Turnaround (EP.417)
- ▶ 4:35 Ted Seides John joined Delta in 2011 when the plan had seven and a half billion dollars in assets, a thirteen billion dollar underfunded liability, and the highest actuarial expected rate of return at nine percent of any company in the S&P 500.
Dan Tennebaum - The Case for India at India Capital (EP.387)
- ▶ 1:05:04 Ted Seides You look at the US and the S&P 500 dominated by the mag seven, which has certain implications of what that means for the valuation of the S&P 500. 2 times in the scene
Ted Seides – Unlocking Investment Wisdom (EP.352)
- ▶ 24:44 Ted Seides You'd bet against anything but the S&P at that point in time, which that ended up being right at least for a couple of years, and hedge funds were the thing I understood.
Dan Ariely – The Human Capital Factor (Capital Allocators, EP.195)
- ▶ 38:55 Ted Seides So when you go to construct these indexes to isolate this human capital factor, are you normalizing across sectors, maybe compared to in the U S the S and P 500 sectors, or are there significant sector biases that come into play just…
Ted Seides – A Rational Reminder (Capital Allocators, EP.121)
- ▶ 30:35 Ted Seides I think that the US market for index funds is actually quite different from most other markets around the world in that, say the S&P 500 is very diverse with a lot of global leading companies. 2 times in the scene
- ▶ 37:33 Ted Seides And so I went into the bet thinking, boy, with the valuation as high as it was on the S&P 500 and, and most everybody fairly complacent that that is a long-term 4 times in the scene
David Druley – Structure into Action at Cambridge Associates (Capital Allocators, EP. 106)
- ▶ 43:23 Ted Seides Hard to keep up with the S&P, hard to keep up with the sixty-forty over the last 10 years.
Matt Levine – Money Stuff (Capital Allocators, EP.97)
- ▶ 37:10 Ted Seides It used to be you pick stocks, and I'm comparing you to the S&P.
Sarah Williamson – Focusing Capital on the Long-Term (Capital Allocators, EP.67)
- ▶ 33:56 Ted Seides But you know that BlackRock's S&P, 500 index fund is going to own Amazon 25 years from now, with near certainty.
Rick Selvala - Harvesting Volatility (Capital Allocators, EP.41)
- ▶ 22:13 Ted Seides Warren Buffett and Berkshire Hathaway, right, who coined derivatives as weapons of financial mass destruction, and around that same time, around the financial crisis, he sold long-dated puts, I guess, on the S&P. 4 times in the scene
Bill Spitz – Seasoned Commodore (Capital Allocators, EP.37)
- ▶ 21:42 Ted Seides How do you work with a client and keep them a pace at a strategy that clearly isn't keeping up with the S&P 500 over a long period of time where if that is their benchmark, you're underperforming?
- ▶ 41:41 Ted Seides There's a gentleman in Omaha that says, just buy the S&P, 500, everything will be fine.
Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)
- ▶ 26:46 Ted Seides Now, most of these studies that we cite are all relative to the S&P and it's focused on the US. 2 times in the scene
Margaret Chen – Leadership and Outsourcing the Investment Office (Capital Allocators, EP.35)
- ▶ 30:47 Ted Seides You know, the S&P is plenty diversified. 4 times in the scene
Deep Dive into Hedge Funds (Capital Allocators, EP.34)
- ▶ 16:54 Ted Seides But at a five percent short-term interest rate, someone goes long the S&P and short the S&P, and they make about four percent.
Meredith Jenkins – A Path to Trinity (Capital Allocators, EP.31)
- ▶ 48:55 Ted Seides Hedge fund returns gross of fees versus the S&P 500 for the next 10 years. 2 times in the scene
Scott Malpass – The Fighting Irish's Twelfth Man (Capital Allocators, EP.25)
- ▶ 29:06 Ted Seides S&P.
Thomas Russo – Buy and Hold...and Then What (Capital Allocators, EP.16)
- ▶ 4:43 Ted Seides His first partnership started there, Sempervic Partners, has compounded at 14.6% a year for 33 years, besting the S&P 500 by 3.6% annually.
Chris Douvos – Venture Capital's Super LP (Capital Allocators, EP.14)
- ▶ 51:40 Ted Seides Uh, Mike Mobison said something not too long ago that if you looked back 10 or 15 years ago and you wanted to get exposure to the U.S. economy, you would invest in the S&P 500 and you invest in venture capital.
Jeffrey Solomon – Vision, Tenacity, and Empathy (Capital Allocators, EP.09)
- ▶ 18:17 Ted Seides You have an S&P 500 that's had a big run. 2 times in the scene
Charley Ellis – Multiple Ways to Win (Capital Allocators, EP.08)
- ▶ 24:30 Ted Seides We've just had a huge run in the S and P, which is not the only index, but it's certainly the one that most people that are less informed rush into valuation seems high.
- ▶ 41:51 Ted Seides And you talked about long-term investing and playing a different game than most of the people are playing, but the, the S&P 500 index fund is playing that game too. 2 times in the scene
Jennifer Heller – Thinking it Through (Capital Allocators, EP.07)
- ▶ 35:45 Ted Seides It's been very hard for anyone to know that you should have owned Google and Facebook and Amazon, and if you didn't, you're probably going to underperform the S&P.
The Bet with Buffett (Capital Allocators, EP.05)
- ▶ 4:37 Ted Seides As you probably know, about nine and a half years ago, I made a bet with a certain oracle in Omaha that pitted the performance of a group of five hedge fund funds against the S&P
- ▶ 19:21 Ted Seides So you had a group of hedge funds, and we can talk about the merits of hedge funds and what I thought that would be, and then you had the S&P 500, and those are two different things. 8 times in the scene
- ▶ 27:20 Ted Seides Do I think that low cost approach to investing by definition should be the S&P 500? 5 times in the scene
- ▶ 40:18 Ted Seides And it's not as simple as here's the S and P here's hedge funds.