| 1.5M | “a half million” | Housel: The Psychology of Money Sells 5,000 Copies Every Day | Morgan Housel | Jan 1, 2024 | — |
| 20% | “20%” | Housel: Major Career Success Improves Only 20% of Your Life | Morgan Housel | Jan 1, 2024 | — |
| 60% | “60%” | Housel: Major Career Success Improves Only 20% of Your Life | Morgan Housel | Jan 1, 2024 | — |
| $1T | “a trillion dollars” | Housel: Elon Musk's Greatest Product Is Tesla Stock, Not Its Cars | Morgan Housel | Jan 1, 2024 | — |
| $1B | “a billion dollars” | Housel: Excessive VC Capital Broke Good Businesses by Forcing Unnatural Growth | Morgan Housel | Jan 1, 2024 | — |
| 50% | “50%” | Housel: Excessive VC Capital Broke Good Businesses by Forcing Unnatural Growth | Morgan Housel | Jan 1, 2024 | — |
| 200% | “200%” | Housel: Excessive VC Capital Broke Good Businesses by Forcing Unnatural Growth | Morgan Housel | Jan 1, 2024 | — |
| 2% | “two percent” | Housel: 50 Years of Indexing Beats 98% of Investors Net of Fees | Morgan Housel | Jan 1, 2024 | — |
| 50% | “50%” | Housel: A 50% Market Drop Is Not a Risk If It's Expected | Morgan Housel | Jan 1, 2024 | — |
| 5M | “a four million” | Housel: Wall Street Critics Would Have Packaged Subprime for $4M Bonuses | Morgan Housel | Jan 1, 2024 | — |
| 20% | “20%” | Housel: Buying nicer things is only about 20% responsible for a better life | Morgan Housel | Jan 1, 2024 | — |
| 2% | “two percent” | Sernovitz: Very few decisions separate success from failure in lower mid-market PE | Gary Sernovitz | Dec 18, 2023 | — |
| 3% | “three percent” | Sernovitz: Fossil fuels represent 3% of portfolios but 97% of CIO headaches | Gary Sernovitz | Dec 18, 2023 | — |
| 97% | “97%” | Sernovitz: Fossil fuels represent 3% of portfolios but 97% of CIO headaches | Gary Sernovitz | Dec 18, 2023 | — |
| $10B | “ten billion dollars” | Sernovitz: Lime Rock founders had zero buy-side experience before managing $10B | Gary Sernovitz | Dec 18, 2023 | Supported |
| 1.3T | “1.3 trillion” | Haugaard: Hard Currency EM Debt Is a $1.3 Trillion Asset Class | Thomas Haugaard | Dec 14, 2023 | Supported |
| 42% | “42%” | Haugaard: Top 10 Countries Make Up 42% of EMBI vs. 86% of GBI-EM | Thomas Haugaard | Dec 14, 2023 | Supported |
| 86% | “86%” | Haugaard: Top 10 Countries Make Up 42% of EMBI vs. 86% of GBI-EM | Thomas Haugaard | Dec 14, 2023 | Supported |
| 4.5% | “4.5%” | Haugaard: China Constitutes Only 4.5% of the Hard Currency EMBI Benchmark | Thomas Haugaard | Dec 14, 2023 | Partly supported |
| 85% | “85%” | Haugaard: Janus Henderson Model Explains 85% of Sovereign Rating Variation | Thomas Haugaard | Dec 14, 2023 | — |
| $5M | “five million dollars” | Page: At 25, I pushed Cargill to buy $5M in Drexel bonds | Marcia Page | Dec 11, 2023 | — |
| 1.4% | “1.4%” | Page: Diverse-owned firms manage just 1.4% of the $82T US institutional market | Marcia Page | Dec 11, 2023 | Supported |
| $75M | “seventy-five million dollars” | Page: I personally committed $75M to seed diverse investment talent | Marcia Page | Dec 11, 2023 | — |
| 1K | “a thousand” | Page: Senior leaders speaking first in meetings often silences dissenting viewpoints | Marcia Page | Dec 11, 2023 | — |
| 2B | “two billion” | Tangen: Norway's oil fund grew from 2 billion to 15 trillion kroner | Nicolai Tangen | Dec 4, 2023 | Supported |
| 15K | “fifteen thousand” | Tangen: Norway's oil fund grew from 2 billion to 15 trillion kroner | Nicolai Tangen | Dec 4, 2023 | Supported |
| 0.5% | “half percent” | Tangen: NBIM owns 1.5% of global equities and 2.7% of European companies | Nicolai Tangen | Dec 4, 2023 | Supported |
| 2.7% | “2.7%” | Tangen: NBIM owns 1.5% of global equities and 2.7% of European companies | Nicolai Tangen | Dec 4, 2023 | Supported |
| 3% | “three percent” | Tangen: 3% sovereign wealth fund payout covers over 20% of Norway's budget | Nicolai Tangen | Dec 4, 2023 | Supported |
| 20% | “20%” | Tangen: 3% sovereign wealth fund payout covers over 20% of Norway's budget | Nicolai Tangen | Dec 4, 2023 | Supported |
| 1.3T | “1.3 trillion” | Tangen: NBIM runs $1.3T with 650 staff, a third of peer size | Nicolai Tangen | Dec 4, 2023 | Supported |
| 5% | “five percent” | Tangen: NBIM runs 5% of assets with external managers in developing markets | Nicolai Tangen | Dec 4, 2023 | — |
| 1K | “a thousand” | Tangen: NBIM researches fewer than 1,000 of its 9,000 holdings | Nicolai Tangen | Dec 4, 2023 | — |
| 15M | “fifteen million” | Levy: There are 15 million manufactured housing pads in the US | Michael Levy | Nov 27, 2023 | Contradicted |
| $1M | “a million dollars” | Seides details his famous $1M hedge fund bet against Warren Buffett | Ted Seides | Nov 23, 2023 | Supported |
| 5% | “five percent” | Endowments require an equity bias to meet 5% real spending hurdles | Ted Seides | Nov 23, 2023 | — |
| 15% | “15%” | Seides: The US economy cannot sustain private debt loans at 15% | Ted Seides | Nov 23, 2023 | — |
| 10× | “10 times” | Buyout multiples doubled over 20 years, turning LBOs into equity-heavy buyouts | Ted Seides | Nov 23, 2023 | Partly supported |
| 16× | “16 times” | Buyout multiples doubled over 20 years, turning LBOs into equity-heavy buyouts | Ted Seides | Nov 23, 2023 | Partly supported |
| 1M | “a million” | Hutchinson: Atlanta Braves offered $1.5M to sign out of high school | Chad Hutchinson | Nov 20, 2023 | Supported |
| $70M | “seventy million dollars” | US Search burned $70 million in nine months after its IPO | Rick Heitzman | Nov 13, 2023 | Partly supported |
| 93% | “93%” | Heitzmann: 9/11 drove US Search monthly sales down by 93% | Rick Heitzman | Nov 13, 2023 | — |
| $6.7M | “6.7 million dollars” | Riot Games brought League of Legends to market with just $6.7M | Rick Heitzman | Nov 13, 2023 | Partly supported |
| 80% | “80%” | Martell: Maverick is investing a $317M sixth fund that is 80% institutional | Ted Martell | Nov 9, 2023 | — |
| 10% | “10%” | Martell: Maverick takes back keys on 10% of NPL investments | Ted Martell | Nov 9, 2023 | — |
| $7M | “seven million dollars” | Martell: Maverick's $7M average deal size deters larger institutional competitors | Ted Martell | Nov 9, 2023 | — |
| 1M | “a million” | Martell: Over $600B in active real estate debt exists in NYC | Ted Martell | Nov 9, 2023 | Supported |
| 1K | “a thousand” | Martell: Over $600B in active real estate debt exists in NYC | Ted Martell | Nov 9, 2023 | Supported |
| 600B | “six hundred billion” | Martell: Over $600B in active real estate debt exists in NYC | Ted Martell | Nov 9, 2023 | Supported |
| 60% | “60%” | Martell: Multifamily consistently comprises ~60% of Maverick's portfolio | Ted Martell | Nov 9, 2023 | — |
| 50% | “50%” | Martell: Real estate lending activity has plummeted over 50% post-rate hikes | Ted Martell | Nov 9, 2023 | Supported |
| 100% | “hundred percent” | Thacker: S&P 500 Reliance on Magnificent Seven Is Not Healthy | Allison Thacker | Nov 6, 2023 | — |
| 95% | “95%” | Thacker: S&P 500 Reliance on Magnificent Seven Is Not Healthy | Allison Thacker | Nov 6, 2023 | — |
| 40% | “40%” | Thacker: Rice University endowment covers 40% of operating budget | Allison Thacker | Nov 6, 2023 | Supported |
| 7× | “seven times” | Thacker: Enterprise software valuation multiples have returned to 5x–7x revenue | Allison Thacker | Nov 6, 2023 | Supported |
| 20× | “20 times” | Thacker: Enterprise software valuation multiples have returned to 5x–7x revenue | Allison Thacker | Nov 6, 2023 | Supported |
| 20% | “20%” | Asset Managers Prefer Gathering AUM to Providing Real Capital Solutions | Allison Thacker | Nov 6, 2023 | — |
| 6% | “six percent” | Rice University endowment fixed income and cash yields close to 6% | Allison Thacker | Nov 6, 2023 | — |
| 25% | “25%” | Thacker Breaks Down Rice's Endowment: 25% Real Assets, 60% Equities | Allison Thacker | Nov 6, 2023 | — |
| 15% | “15%” | Thacker Breaks Down Rice's Endowment: 25% Real Assets, 60% Equities | Allison Thacker | Nov 6, 2023 | — |
| 40% | “40%” | Thacker Breaks Down Rice's Endowment: 25% Real Assets, 60% Equities | Allison Thacker | Nov 6, 2023 | — |
| 60% | “60%” | Thacker Breaks Down Rice's Endowment: 25% Real Assets, 60% Equities | Allison Thacker | Nov 6, 2023 | — |
| $10B | “ten billion dollars” | Ou: GroveStreet Has Managed $10B Across 43 SMAs and 14 Clients | Bruce Ou | Oct 30, 2023 | Supported |
| 1B | “one billion” | Ou: Top-quartile sub-$1B buyout funds outperform top-quartile mega-funds | Bruce Ou | Oct 30, 2023 | Supported |
| 5B | “five billion” | Ou: Top-quartile sub-$1B buyout funds outperform top-quartile mega-funds | Bruce Ou | Oct 30, 2023 | Supported |
| 20% | “20%” | Ou: Top-quartile sub-$1B buyout funds outperform top-quartile mega-funds | Bruce Ou | Oct 30, 2023 | Supported |
| $400M | “four hundred million dollars” | Ou: GroveStreet backed American Industrial Partners at $400M before client handoff | Bruce Ou | Oct 30, 2023 | — |
| $1.5B | “a half billion dollars” | Ou: GroveStreet targets VC, growth equity, and sub-$1.5B buyout funds | Bruce Ou | Oct 30, 2023 | — |
| 1B | “one billion” | Ou: Fund size overexpansion degrades a manager's risk-return profile | Bruce Ou | Oct 30, 2023 | — |
| 2B | “two billion” | Ou: Fund size overexpansion degrades a manager's risk-return profile | Bruce Ou | Oct 30, 2023 | — |
| 80% | “80%” | Ou: GroveStreet targets 80% IT and 60-70% US in venture portfolios | Bruce Ou | Oct 30, 2023 | — |
| 70% | “70%” | Ou: GroveStreet targets 80% IT and 60-70% US in venture portfolios | Bruce Ou | Oct 30, 2023 | — |
| 4× | “four times” | Ou: GroveStreet buyout co-investments target 3-4x leverage at entry | Bruce Ou | Oct 30, 2023 | — |
| 56% | “56%” | Ou: 2023 industry exit values are tracking 56% in buyouts and 17% in VC | Bruce Ou | Oct 30, 2023 | — |
| 90% | “90%” | Ou: 2023 industry exit values are tracking 56% in buyouts and 17% in VC | Bruce Ou | Oct 30, 2023 | — |
| 37% | “37%” | Ou: 2023 industry exit values are tracking 56% in buyouts and 17% in VC | Bruce Ou | Oct 30, 2023 | — |
| 20M | “twenty million” | Ou: Klaviyo consumed less than $20M in venture capital over its lifespan | Bruce Ou | Oct 30, 2023 | Supported |
| $1B | “a billion dollars” | MassMutual initially backed Antares Capital with $1 billion | Tim Lyne | Oct 26, 2023 | Partly supported |
| 64B | “sixty four billion” | Antares Capital grew from $12B balance sheet to $64B AUM under CPPIB | Tim Lyne | Oct 26, 2023 | Supported |
| 500M | “a four hundred million” | Unitranche deal sizes grew from $300M in 2016 to multi-billion today | Tim Lyne | Oct 26, 2023 | Supported |
| $600M | “six hundred million dollars” | Unitranche deal sizes grew from $300M in 2016 to multi-billion today | Tim Lyne | Oct 26, 2023 | Supported |
| 100M | “a hundred million” | $100M EBITDA deals are now likely financed through private credit, not syndicated | Tim Lyne | Oct 26, 2023 | — |
| $300M | “three hundred million dollars” | Asset managers benefit managing 10–15 large SMAs over 80 small ones | Tim Lyne | Oct 26, 2023 | — |
| 50% | “50%” | Healthcare, software, and business services make up 50% of Antares' portfolio | Tim Lyne | Oct 26, 2023 | — |
| 1B | “a billion” | Private credit funds under $10B in AUM will struggle to succeed today | Tim Lyne | Oct 26, 2023 | — |
| 6B | “a five billion” | Private credit funds under $10B in AUM will struggle to succeed today | Tim Lyne | Oct 26, 2023 | — |
| 11B | “a ten billion” | Private credit funds under $10B in AUM will struggle to succeed today | Tim Lyne | Oct 26, 2023 | — |
| 15% | “15%” | The direct lending market will grow roughly 15% annually through 2028 | Tim Lyne | Oct 26, 2023 | Open |
| 80% | “80%” | Lambert: 80% of institutional portfolio questions can be solved systematically | Raylan Lambert | Oct 23, 2023 | — |
| 20% | “20%” | Lambert: 80% of institutional portfolio questions can be solved systematically | Raylan Lambert | Oct 23, 2023 | — |
| 20% | “20%” | Lambert: Mercer Alternatives AUM is evenly split across five asset classes | Raylan Lambert | Oct 23, 2023 | — |
| 30% | “30%” | Mercer has 240 hedge funds on its approved list, with 20-30% closed | John Jackson | Oct 23, 2023 | — |
| 2B | “two billion” | Jackson: Mercer includes 80 sub-$2B and over 24 sub-$500M hedge funds | John Jackson | Oct 23, 2023 | — |
| 500M | “five hundred million” | Jackson: Mercer includes 80 sub-$2B and over 24 sub-$500M hedge funds | John Jackson | Oct 23, 2023 | — |
| 45% | “45%” | Jackson: Multi-strategy pod shop investors keep only ~45% of gross returns | John Jackson | Oct 23, 2023 | Supported |
| 10% | “10%” | Mercer Portfolios Feature 25–35 PE Managers With 10%–50% in Venture | Eric Seabush | Oct 23, 2023 | — |
| 50% | “50%” | Mercer Portfolios Feature 25–35 PE Managers With 10%–50% in Venture | Eric Seabush | Oct 23, 2023 | — |
| 100% | “hundred percent” | Mercer's Sebusch: Short 2-to-5-year carry vesting destroys venture fund alignment | Eric Seabush | Oct 23, 2023 | — |
| $5M | “five million dollars” | Corre: Giant position sizes force funds to miss lucrative smaller alpha | Isaac Corre | Oct 16, 2023 | — |
| 14% | “14%” | Private Credit Lenders Issue NAV Loans at 12-14% Yields and 10-20% LTV | Ted Seides | Oct 14, 2023 | Supported |
| 20% | “20%” | Private Credit Lenders Issue NAV Loans at 12-14% Yields and 10-20% LTV | Ted Seides | Oct 14, 2023 | Supported |
| 2B | “a one billion” | Vista Equity Took $1B NAV Loan for Finastra Refinancing | Ted Seides | Oct 14, 2023 | Supported |
| 6B | “a five billion” | Vista Equity Took $1B NAV Loan for Finastra Refinancing | Ted Seides | Oct 14, 2023 | Supported |
| 50% | “50%” | Lenders Pitch NAV Loans for Up to 50% of Portfolio Value | Ted Seides | Oct 14, 2023 | — |
| 10% | “10%” | Kuruvilla: Childhood leukemia survival rates rose from ~10% in 1970 to ~90% today | Finny Kuruvilla | Oct 12, 2023 | Partly supported |
| 90% | “90%” | Kuruvilla: Childhood leukemia survival rates rose from ~10% in 1970 to ~90% today | Finny Kuruvilla | Oct 12, 2023 | Partly supported |
| 10% | “10%” | Kuruvilla: A 10% edge in biotech trial forecasting creates outsized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 100% | “hundred percent” | Kuruvilla: A 10% edge in biotech trial forecasting creates outsized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 200% | “200%” | Kuruvilla: A 10% edge in biotech trial forecasting creates outsized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 70% | “70%” | Kuruvilla: A 10% edge in biotech trial forecasting creates outsized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 80% | “80%” | Kuruvilla: A 10% edge in biotech trial forecasting creates outsized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 3% | “three percent” | Kuruvilla: Studies suggest values-driven investing yields 3% annualized alpha | Finny Kuruvilla | Oct 12, 2023 | — |
| 1% | “one percent” | Kuruvilla: Under 1% of religious investors' assets use values frameworks | Finny Kuruvilla | Oct 12, 2023 | — |
| 1M | “a million” | Sawtell-Rickson: HESTA has over 1M members, 80% female in healthcare | Sonya Sawtell-Rickson | Oct 9, 2023 | Supported |
| 80% | “80%” | Sawtell-Rickson: HESTA has over 1M members, 80% female in healthcare | Sonya Sawtell-Rickson | Oct 9, 2023 | Supported |
| 50% | “50%” | HESTA hit initial carbon reduction goal early, raised 2030 target to 50% | Sonya Sawtell-Rickson | Oct 9, 2023 | Supported |
| 3% | “three percent” | HESTA's MySuper default option targets CPI plus 3% real return | Sonya Sawtell-Rickson | Oct 9, 2023 | Partly supported |
| 58% | “58%” | HESTA allocates 58% to equities, 16% to real assets, 24% to debt | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 16% | “16%” | HESTA allocates 58% to equities, 16% to real assets, 24% to debt | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 2% | “two percent” | HESTA allocates 58% to equities, 16% to real assets, 24% to debt | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 24% | “24%” | HESTA allocates 58% to equities, 16% to real assets, 24% to debt | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 30% | “30%” | HESTA Limits Dynamic Equity Tilts to Plus or Minus 10% | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 10% | “10%” | HESTA Limits Dynamic Equity Tilts to Plus or Minus 10% | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 1% | “one percent” | HESTA bought cheap inflation hedges in 2019 when priced at 1% | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 9% | “nine percent” | HESTA entered the COVID-19 pandemic with an overweight 9% cash allocation | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 5% | “five percent” | HESTA's COVID-19 liquidity demand and collateral outflow forecast was within 5% | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 30% | “30%” | HESTA currently targets an approximately 30% allocation to illiquid assets | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 40% | “40%” | HESTA stress-tests liquidity to keep illiquid assets below a 40% cap | Sonya Sawtell-Rickson | Oct 9, 2023 | — |
| 40% | “40%” | Sawtell-Rickson: HESTA's internal investment team is over 40% female | Sonya Sawtell-Rickson | Oct 9, 2023 | Supported |
| 100% | “hundred percent” | BAM's fundamental equity risk dropped from 100% to roughly 50% | Dmitry Balyasny | Oct 2, 2023 | — |
| 85% | “85%” | BAM's fundamental equity risk dropped from 100% to roughly 50% | Dmitry Balyasny | Oct 2, 2023 | — |
| 50% | “50%” | BAM's fundamental equity risk dropped from 100% to roughly 50% | Dmitry Balyasny | Oct 2, 2023 | — |
| 50% | “50%” | Senior PMs distinguish themselves by predicting multiple changes, not just earnings | Dmitry Balyasny | Oct 2, 2023 | — |
| 15% | “15%” | BAM increased its allocation to macro strategies from 15% to 25% | Dmitry Balyasny | Oct 2, 2023 | — |
| 25% | “25%” | BAM increased its allocation to macro strategies from 15% to 25% | Dmitry Balyasny | Oct 2, 2023 | — |
| 50% | “50%” | BAM adjusts sub-strategy risk up or down 50% based on market regime | Dmitry Balyasny | Oct 2, 2023 | — |
| 0.5% | “half percent” | BAM has averaged 4% to 4.5% volatility over five years | Dmitry Balyasny | Oct 2, 2023 | — |
| 99% | “99%” | Starting an independent hedge fund makes no sense 99% of the time | Dmitry Balyasny | Oct 2, 2023 | — |
| 300M | “three hundred million” | Thomas H. Lee invested in BAM when it had $300M AUM | Dmitry Balyasny | Oct 2, 2023 | — |
| 50% | “50%” | Forman: Yale paid $14 million for 50% stake in 717 Fifth Avenue | Alan Forman | Sep 25, 2023 | Not publicly verifiable |
| 47M | “forty-seven million” | Forman: Yale acquired full ownership of 717 Fifth Avenue for $60M total basis | Alan Forman | Sep 25, 2023 | Supported |
| 60M | “sixty million” | Forman: Yale acquired full ownership of 717 Fifth Avenue for $60M total basis | Alan Forman | Sep 25, 2023 | Supported |
| $100M | “a hundred million dollars” | Forman: Yale probably made $100 million redeveloping 717 Fifth Avenue | Alan Forman | Sep 25, 2023 | — |
| 90% | “90%” | Yale's real estate portfolio allocated 80% to 90% to sector specialists | Alan Forman | Sep 25, 2023 | — |
| 1% | “one percent” | CHOA targets 40% private investments, 30% public equities, and 30% defensive assets | Muthu Muthiah | Sep 18, 2023 | — |
| 5% | “five percent” | CHOA targets 40% private investments, 30% public equities, and 30% defensive assets | Muthu Muthiah | Sep 18, 2023 | — |
| 40% | “40%” | CHOA targets 40% private investments, 30% public equities, and 30% defensive assets | Muthu Muthiah | Sep 18, 2023 | — |
| 30% | “30%” | CHOA targets 40% private investments, 30% public equities, and 30% defensive assets | Muthu Muthiah | Sep 18, 2023 | — |
| 50% | “50%” | Muthiah targets a 20% total portfolio allocation to venture capital | Muthu Muthiah | Sep 18, 2023 | — |
| 20% | “20%” | Muthiah targets a 20% total portfolio allocation to venture capital | Muthu Muthiah | Sep 18, 2023 | — |
| 20% | “20%” | Muthiah caps CHOA's annual illiquid commitments at six percent of AUM | Muthu Muthiah | Sep 18, 2023 | — |
| 40% | “40%” | Muthiah caps CHOA's annual illiquid commitments at six percent of AUM | Muthu Muthiah | Sep 18, 2023 | — |
| 6% | “six percent” | Muthiah caps CHOA's annual illiquid commitments at six percent of AUM | Muthu Muthiah | Sep 18, 2023 | — |
| 70% | “70%” | Muthiah relies on CHOA's 70% equity allocation for long-term inflation protection | Muthu Muthiah | Sep 18, 2023 | Supported |
| $35B | “thirty five billion dollars” | Orbis manages approximately $35 billion in assets under management globally | Adam Karr | Sep 14, 2023 | — |
| 10% | “10%” | Orbis saw under 10% net redemptions in 2008 without using lockups | Adam Karr | Sep 14, 2023 | Supported |
| 35% | “35%” | Orbis saw under 10% net redemptions in 2008 without using lockups | Adam Karr | Sep 14, 2023 | Supported |
| 45% | “45%” | Orbis held zero Japanese equities in 1990 despite a 45% index weight | Adam Karr | Sep 14, 2023 | — |
| $1B | “a billion dollars” | Fleetcor's CEO owns $1 billion of company stock after 20 years | Adam Karr | Sep 14, 2023 | Supported |
| 15% | “15%” | Puffer: CN Pension Fund Overall Asset Allocation Was Leveraged at ~15% | Marlene Puffer | Sep 11, 2023 | — |
| 25% | “25%” | Puffer: CN Pension Raised Fixed Income Liability Hedging Above 50% | Marlene Puffer | Sep 11, 2023 | — |
| 50% | “50%” | Puffer: CN Pension Raised Fixed Income Liability Hedging Above 50% | Marlene Puffer | Sep 11, 2023 | — |
| 3B | “three billion” | Puffer: Asset-liability management principles remain identical across all fund sizes | Marlene Puffer | Sep 11, 2023 | — |
| 20B | “twenty billion” | Puffer: Asset-liability management principles remain identical across all fund sizes | Marlene Puffer | Sep 11, 2023 | — |
| 60B | “sixty billion” | Puffer: Asset-liability management principles remain identical across all fund sizes | Marlene Puffer | Sep 11, 2023 | — |
| 60% | “60%” | Princeton's endowment covers over 65% of the university's operating budget | Jen Birmingham | Sep 4, 2023 | Supported |
| 65% | “65%” | Princeton's endowment covers over 65% of the university's operating budget | Jen Birmingham | Sep 4, 2023 | Supported |
| 34B | “a thirty-three billion” | 2006 HCA Buyout Had a $33 Billion Enterprise Value | Chris Gordon | Aug 28, 2023 | Supported |
| $20B | “twenty billion dollars” | Bain, KKR, Merrill Lynch, and Frist Family Backed HCA Equity | Chris Gordon | Aug 28, 2023 | Supported |
| 5× | “five times” | Bain Capital Generated a 5x Multiple on 2006 HCA Mega-Buyout | Chris Gordon | Aug 28, 2023 | — |
| 95% | “95%” | Bain Capital Hedged Over 95% of Variable Debt in Early 2021 | Chris Gordon | Aug 28, 2023 | — |
| 3B | “three billion” | Partners Capital capped growth at $1.5B annually before the financial crisis | Stan Miranda | Aug 21, 2023 | — |
| 1.5B | “a half billion” | Partners Capital capped growth at $1.5B annually before the financial crisis | Stan Miranda | Aug 21, 2023 | — |
| 8% | “eight percent” | Miranda: Portfolio Customization Focuses on Allocation Sizing, Not Asset Selection | Stan Miranda | Aug 21, 2023 | — |
| 10% | “10%” | Miranda: Portfolio Customization Focuses on Allocation Sizing, Not Asset Selection | Stan Miranda | Aug 21, 2023 | — |
| 95% | “95%” | Partners Capital's multi-factor benchmark eliminates 95% of public equity managers | Stan Miranda | Aug 21, 2023 | — |
| 10% | “10%” | Fixed volatility budgets force endowment managers to sell low and buy high | Stan Miranda | Aug 21, 2023 | — |
| 15% | “15%” | The average private equity firm created zero real value over a decade | Stan Miranda | Aug 21, 2023 | Supported |
| 0.5% | “half percent” | The average private equity firm created zero real value over a decade | Stan Miranda | Aug 21, 2023 | Supported |
| 7.5% | “7.5%” | The average private equity firm created zero real value over a decade | Stan Miranda | Aug 21, 2023 | Supported |
| 4% | “four percent” | Miranda: Multi-manager absolute return portfolios produce 1.2 IRs ready for leverage | Stan Miranda | Aug 21, 2023 | — |
| 3% | “three percent” | Miranda: Multi-manager absolute return portfolios produce 1.2 IRs ready for leverage | Stan Miranda | Aug 21, 2023 | — |
| 2% | “two percent” | Miranda: Multi-manager absolute return portfolios produce 1.2 IRs ready for leverage | Stan Miranda | Aug 21, 2023 | — |
| 80% | “80%” | Multi-manager hedge fund platforms consume 80% of their gross alpha in fees | Stan Miranda | Aug 21, 2023 | — |
| 20% | “20%” | Multi-manager hedge fund platforms consume 80% of their gross alpha in fees | Stan Miranda | Aug 21, 2023 | — |
| 50% | “50%” | Partners Capital prefers allocating to platform spin-offs to keep more gross alpha | Stan Miranda | Aug 21, 2023 | — |
| 15% | “15%” | Sargent: Foundations hold 10% to 15% less in private assets than endowments | Kimberly Sargent | Aug 14, 2023 | Supported |
| 25% | “25%” | Sargent: Packard Foundation previously targeted 20-25% equity exposure to China | Kimberly Sargent | Aug 14, 2023 | — |
| 100% | “hundred percent” | Sargent: Packard adopted a hybrid generalist-specialist investment team model | Kimberly Sargent | Aug 14, 2023 | — |
| 5% | “five percent” | Sargent: Asking for top 5% rankings cuts through polite reference bias | Kimberly Sargent | Aug 14, 2023 | — |
| 6% | “six percent” | Sargent: Median buyout fund beat public markets 6% annually over 20 years | Kimberly Sargent | Aug 14, 2023 | Supported |
| 40% | “40%” | Sargent: Packard's top 10 managers represent 40% of portfolio assets | Kimberly Sargent | Aug 14, 2023 | — |
| 70% | “70%” | Sargent: Packard's top 10 managers represent 40% of portfolio assets | Kimberly Sargent | Aug 14, 2023 | — |
| 3% | “three percent” | Sargent: Packard Foundation has a 3% mission investment endowment carve-out | Kimberly Sargent | Aug 14, 2023 | — |
| 61M | “a sixty million” | Amazon's final private round valuation was just $60 million | Michael Carmen | Aug 10, 2023 | Supported |
| $100M | “hundred million dollars” | Amazon's final private round valuation was just $60 million | Michael Carmen | Aug 10, 2023 | Supported |
| 1K | “a thousand” | Wellington reviews 1,000+ companies to make 10 to 12 private investments annually | Michael Carmen | Aug 10, 2023 | — |
| $50M | “fifty million dollars” | Wellington's late-stage fund filters for $50M+ revenue and institutional backers | Michael Carmen | Aug 10, 2023 | — |
| 6× | “six times” | Average software valuations retraced to six times sales by mid-2023 | Michael Carmen | Aug 10, 2023 | Supported |
| 90% | “90%” | Wellington sold nearly 90% of its eligible late-stage holdings in 2021 | Michael Carmen | Aug 10, 2023 | — |
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