This podcast episode explores the journey of Anne-Marie Fink, an equity analyst turned investment manager. She discusses the importance of learning, the challenges of the investment business, and the transition from analyzing companies to analyzing funds. The episode also delves into the investment strategy of the State of Wisconsin Investment Board (SWIB), the concept of leverage in investment portfolios, and the use of hedge funds and portable alpha strategies. Additionally, it discusses various private equity strategies, the approach to venture capital and real asset investments, and the advantages of flexibility in investing. The speaker also highlights the assessment of risk, the benefits of a fully funded plan, and the areas of innovation in investment programs. The episode concludes with insights into the liquidity challenge faced by the industry and personal anecdotes from Anne-Marie.
