How I Invest with David Weisburd

E317: Most Real Estate Investors Optimize the Wrong Return Metric

E316: How Family Offices Design Portfolios for 30-Year Outcomes

The podcast explores investment principles and strategies across different firm types, featuring insights from a guest with experience at Wellington, TIFF, and a single-family office. A key theme is the importance of a long-term investment horizon, especially when investing for future generations, and whether one is an...

E315: Why Quantity Beats Quality (Why Van Gogh Proves It)

Grant Cardone, an international sales expert and author, discusses the 10X Rule, which emphasizes the need to multiply estimated effort and goals by ten to achieve success. He argues that people underestimate the work required due to idealistic thinking and a lack of real-world education, advocating for teaching reject...

E314: How Endowments Actually Think About Risk

E313: Why the Endowment Model Doesn’t Work for Taxable Investors

E312: The Power Law of Reputation in Venture Capital

The podcast explores the qualities and strategies that define successful venture capitalists, particularly the importance of ethics, reputation, and relationship-building. It highlights the inherent uncertainty in venture capital, where only a small fraction of investments yield significant returns, often requiring a d...

E311: How Continuation Vehicles Quietly Reshaped Private Equity

Continuation vehicles and their increasing prevalence in private equity are discussed. Jefferies' Benjamin Carper explains that continuation vehicles help sponsors manage companies that don't fit the typical 10-year private equity fund lifecycle, noting the market will reach over $110 billion in volume in 2025. These v...

E310: The DPI Problem Plaguing Venture Capital & PE

The podcast explores the challenges facing Limited Partners (LPs) in private asset investments, particularly the decreasing distribution rates and the resulting illiquidity. Alex Ambroz, CIO of Aberdeen Investments Ireland, explains that distribution yields have dropped from a historical average of 25% to around 12%, c...

E309: Why Most VCs Firms will Die by 2030

The discussion centers on the future of AI and venture capital, particularly regarding agentic AI. Camilo Acosta, formerly a top AI engineer at Meta and now running Perceptive Ventures, shares insights on identifying investment opportunities that avoid competition with Big Tech. Acosta emphasizes that AI's core purpose...

E308: The Future of LP Liquidity

The discussion centers on leveraging assets and increasing efficiency in capital markets through blockchain technology. Yuval Rooz, CEO of LLM Products, explains how platforms like Canton streamline the management of financial ledgers, reducing operational and legal costs. He points out the challenges of standardizing ...

E307: Why Size Is the Enemy of Venture Returns w/Glenn Solomon

The conversation centers on differentiating a venture capital fund, Notable Capital, in a competitive market dominated by larger firms. Glenn Solomon explains that Notable focuses on seed, Series A, and Series B investments, targeting early-stage companies with valuations between $80 to $150 million, a niche often over...

E306: Can VCs Actually Pick Winners? w/Eric Bahn

Hustle Fund's Eric Bahn discusses how his firm identifies promising pre-seed startups by evaluating a founder's "hustle," defined as execution and high velocity. Observing product managers at Meta, Bahn noted the top performers shipped significantly more code. Hustle Fund invests in teams they are curious about and the...

E305: Why 95% of AI Startups Will Never Build a Moat

The podcast explores the future of AI investing, wealth management, legal tech, and defense technology. Nick Beim shares his excitement for vertical AI applications due to their defensibility and contextual advantages, contrasting them with horizontal LLMs. He highlights wealth management's structural problems, such as...

E304: Neuberger Berman Co-CIO on Mistakes Smart Investors Make

The podcast explores the nuances of portfolio allocation between public and private assets, particularly for endowments and high-net-worth individuals. Jeff Blazek, co-CIO of Neuberger Berman, compares managing large asset managers like Texas Teachers to smaller, more agile endowments, highlighting the trade-offs betwe...

E304: Neuberger Berman Co-CIO on Mistakes Smart Investors Make

E303: What Blackjack Taught Me About Investing w/Ari Levy

The podcast explores the investment strategies of Ari Levy, focusing on his early interest in probability through sports statistics and blackjack, which evolved into a career in public investing. Levy discusses applying principles from card counting, like the Kelly criterion, to stock market risk assessment, while ackn...

E302: Legendary CIO Larry Kochard On Where Alpha is Today

The podcast explores strategies for building and sustaining successful endowment programs, emphasizing the importance of long-term investing and risk management. Larry Kochard, former CIO at the University of Virginia and Georgetown, shares insights from legendary CIOs like David Swenson and Alice Handy, highlighting t...

E301: Why Generating Alpha is So Hard

The discussion centers on identifying alpha in institutional investing, challenging the conventional view of it as a stroke of genius. It's argued that alpha lies in "hard and boring" work, like focusing on unbranded lower middle market PE funds, which require extensive diligence but offer better risk-adjusted returns....

E300: How I Raised $100 Billion w/Rahul Moodgal

E299: Why Institutional LPs Are Moving Into Lower Middle Market PE