E101: Lessons from University of Texas ($70B) and Stanford Endowment ($40B)

How I Invest with David Weisburd

In this podcast, Mark, an expert in endowment management, shares his insights on managing organizational risk in fund investments, determining the ideal endowment size, and constructing effective portfolios. He stresses the value of building strong, long-term relationships with fund managers, noting that disruptions in these partnerships can harm returns. Mark advocates for a balanced portfolio approach that includes counter-cyclical strategies while keeping a long-term focus and steering clear of excessive market timing. The conversation also explores the best endowment size for achieving optimal investment diversification and the pros and cons of investing in new funds. Lastly, Mark discusses how to source managers effectively, highlighting the importance of tapping into existing networks and taking a proactive, grassroots approach.

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