In this podcast episode, the speaker explores the complexities of endowment investing, focusing on teamwork, strategic risk management, and the importance of governance and relationships. They explain how a collaborative approach—bolstered by robust debates and differing opinions—shapes their investment strategies, helping them navigate market cycles and sidestep cognitive biases. The conversation underscores the need to build trust with stakeholders, strike a balance between optimism and caution, and make well-informed decisions to ensure sustainable capital growth, even in uncertain times.