Capital Allocators Monthly Newsletter - November 2023
- Simon Sinek
Capital Allocators University. Our 5th cohort takes place on February 22nd, 2024 in NYC. Allocators can join our waitlist.
Join Waitlist1. Private Equity Update, Mario Giannini. Insights and entertaining one-liners on the state of the private equity market from Hamilton Lane’s Chairman.
Listen to Mario on Capital Allocators here.
2. Investment Memos and Decision Making, Ashby Monk et al. The first academic research study on what goes into an effective investment memo.
3. Michael Cembalest on AI and oil. Michael breaks down large language models using his characteristic data-driven approach. He also shared a chart on oil consumption that surprised me with the force of ESG.
See Oil Chart Here.
4. The Power of Listening. Scott Galloway’s blog discusses the importance of listening, and Rahul Moodgal shares an image of what great listeners do (which overlaps with The Art of the Interview podcast episode at 14:23).
See What Great Listeners Do Here.
Listen to The Art of the Interview Here.
5. Same as Ever, Morgan Housel. Following The Psychology of Money, Morgan’s second book is already a New York Times bestseller. Morgan discusses timeless lessons about risk, opportunity, and living a good life.
BONUS: Charlie Munger’s Best Quotes. Charlie was the latest in a run of greats we lost in 2023, including Alice Handy, Randy Kim, Byron Wien, and Sam Zell. I asked ChatGPT for Charlie’s best quotes, and it didn’t disappoint.
EP.348 Allison Thacker – President and CIO of Rice Management Company, Allison gives keen insight into Rice’s unique portfolio.
EP.349 Ted Martell – Co-Founder of Maverick Real Estate, Ted discusses an empty room: commercial real state non-performing loans in NYC.
EP.350 Rick Heitzmann – Founder and Managing Partner of FirstMark Capital, Rick discusses venture investing in NYC.
EP.351 Chad Hutchinson – Partner at Arctos Sports Partners, Chad explains the transition from professional athlete to professional investor.
EP.353 Michael Levy – CEO of Crow Holdings, Michael discusses what it takes to run the Crow family real estate empire.
S.03, EP.05 TreviPay – CEO of Corsair, Ignacio Jayanti discusses the purchase of the global payment system.
S.03, EP.06 Silvus – Chairman and Chief Executive Partner, Rich Caputo, and Co-Head of Diversified Industrials, Erik Fagan, of The Jordan Company discuss the purchase of the mobile communication manufacturer.
S.03, EP.07 Hometown Food Company – Chairman and CEO of Brynwood Partners, Henk Hartong III discusses the carveout purchase of the baking goods manufacturer.
EP.12 Bryan Corbett – President and CEO of the Managed Funds Association, Bryan discusses the future of the industry.
EP.13 Danielle Roseman – Managing Director and Con-Head of Lazard Family Office Services, Danielle discusses providing operational value to families.
10 East. This membership-based investment firm led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner, focuses on private markets for a select community of individuals and institutions. Members co-invest at their discretion across private equity, private credit, venture capital, and real estate alongside the principals of 10 East. Ted is an advisor, member, and investor in 10 East.
SRS Acquiom. Nobody likes surprise expenses. Learn why transparent pricing is essential when selecting a virtual data room provider.
DealCloud. Successful venture capital investors seek tools that support their needs at each stage of a VC deal.