Stanford

“By the way, if I could short Stanford, I would. It's a fantastic place, but talk about perception, you know, kind of all those entrepreneurs coming out of there that are so have very full perceptions themselves.”

“When we were doing the Stanford CEO search, Seven or eight institutions that they compared themselves to that were ahead of them on a ten-year basis, on their, in terms of their ten-year number, all those CIOs had been in place for 10 years.”

“The Yale Endowment, which is always the leader, are already in, right? They made a fairly sizable investment with Paradigm, a firm out, out in California. Harvard and Stanford are in. University of Pennsylvania and Columbia are either in or getting in.”

“And at this time was right when endowment and foundation money management was undergoing its own level of professionalization. For decades before that, you had had sort of the treasurer of the university or the treasurer of a foundation serve as the primary pe…”

“If you find somebody you like and no other great investors are investing alongside you, I think you have to ask yourself, like, am I that much smarter than all these people at Yale who have been doing this for 20 years or at Princeton or at Stanford? Like, why…”

“One of the biggest ones was probably my speech at Stanford. You know, I gave a speech, and it's gotten pretty famous, and I kind of threw all of social media under the bus in 2016, and a lot of what I said came to pass. But it was a huge mistake, not because I…”

“We're talking 30 to a hundred million bucks a year going into technology. By the way, the problem I have with the fact that not everybody knows this is all these technologists at places like Stanford or Princeton or Harvard, they don't even know that these pen…”

“I think the fact that HBS and Wharton and Stanford and all the top business schools have also been late to it didn't help because most of the leaders of these firms were educated in the same era, so they just weren't exposed to it”

“And whether you look at Stanford, Harvard, Fannie Mae, almost any economic analyst will tell you we're short somewhere between three and seven million houses.”

“Because about 25% of my class were CEOs of venture capital-backed, funded startups. Most of them, as I made fun of them leaving the Bay Area, were not gonna be real companies, and most of them weren't, and we were late.”

“We get more applicants now in a year than Harvard, Stanford, and MIT combined.”