Announcements and Gratitudes
Capital Allocators LIVE tickets are available (June 18, 2020 in NYC)
Founder’s Class tickets are now closed, and there are just 5 tickets left at the Stage 1 (Early Bird) price.
Visit HERE to purchase your tickets and join the fun!
Reading (Ordered by reading time: tweets first, books last, and blog posts and articles in between)
1. Asset Manager BS Decoded. A fun (and eerily truthful) perspective from a CIO on the spin employed by asset managers.
2. ESG Tsunami. The ESG tsunami is upon us and there is no stopping it. Social Capital founder Chamath Palihapitiya adds a wrinkle in this tweet storm calling on venture GPs to use an ESG lens in selecting their LPs.
3. James Clear’s Annual Letter. A master of creating good habits, James walks through an assessment of his own year – what went well, what didn’t, and what he learned. It is simple, forthright, and revealing of what matters most to him.
4. Inside the Yale Endowment. Charley Ellis long held a front row seat to Yale’s investing on its Investment Committee. He explains some of what is so special and unique about Yale’s investment program.
5. Dangers of Private Credit, Dan Rasmussen adds private credit to the list of counter-trend risks he sees in markets.
BONUS. Parenting Teenagers. Lisa Damour describes how to listen and communicate with your teens. If you can do that, you can listen and communicate with anyone!. She is a brilliant psychologist, author of two best-sellers on parenting teenage girls, Untangled and Under Pressure, and writes a weekly parenting column for the New York Times.
First Meeting Episode 14: Peter Kraus – Widening the Aperture on Alpha. Peter describes his Wall Street career and his current effort to realign incentives in asset management at Aperture.
Episode 122: James Aitken – Tour Around the World from a Small Island. James returns for a discussion of ESG, China, and the rest of the world.
First Meeting Episode 15: Dan Rasmussen – Private Equity Risk and Public Equity Opportunity at Verdad Advisers. Dan shares his bearish thesis on private equity and private credit, and offers a potential substitute in a niche of the public markets.
Episode 123: Doug Phillips – Middle of the Fairway at the University of Rochester. Doug shares a philosophy that decidedly is focused on serving the needs of University of Rochester, which he can accomplish by joining a high quality crowd without needing to beat it.
Best of the Rest
Sam Zell on Tim Ferriss show. Fantastic interview by Peter Attia. Sam shares his remarkable story and makes his success sound so easy.
Kobe Bryant on School of Greatness. Skip the intro (to 23:14) and have a listen at what made Kobe a superstar among superstars.
Have a good one,