Disclosure certainty 5/5 debate potential 1/5

Durable Capital 360 reviews require citing specific analytical help from colleagues

Henry Ellenbogen · Finding The 1% of Stocks That Matter | Henry Ellenbogen Interview · Invest Like The Best · Dec 16, 2025 · at 1:27:01

Henry Ellenbogen, founder of Durable Capital Partners, explains to Patrick O'Shaughnessy how the firm structures peer reviews to measure how colleagues improve each other's investment outcomes.

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“When we do three, 60 reviews at durable, we actually ask everyone to give feedback on what their colleagues did to make it better. I mean, it's important, and we're a really pleasant culture, and we have high quality people, but it's not, Anouk helped me this year, and she's a nice person. It's, If you're following DoorDash, it's that Anuk helped me understand DoorDash because of her knowledge about Agenda Commerce on Shopify really helped me, or when we did an investment review as an investment team, she took a special interest and she followed up with me, or she went to a meeting that was important and gave me her perspective, right? So we ask people to basically point to specific investments.”

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