In this episode of the "How I Invest" podcast, David Weisburd interviews Brian Miller, a senior investment officer at the Sacramento County Employee Retirement System, about his career and investment strategies. Miller discusses his early years at Tuchman Grossman, emphasizing the importance of value investing, consistency, and long-term perspectives. The conversation explores the impact of LP capture on investment firms, liquidity during financial crises, and the challenges of small-cap value investing in today's market. Miller also details his transition from manager to allocator at Sacramento County, focusing on manager selection processes, portfolio construction, and the role of absolute return strategies. He shares insights on diversification, risk management, and the use of technology in portfolio analysis, concluding with advice for those starting their careers in investment.
Sign in to continue reading, translating and more.
Continue
