Ted Seides, Capital Allocators – I Want To Compound My Capital…But I Want To Do It With People That I Respect And Trust | #293
In episode 293, we welcome, Ted Seides, host of the Capital Allocators podcast and author of Capital Allocators: How the world's elite money managers lead and invest. In today’s episode, we go all the way back to Ted’s early days working under the great David Swensen at Yale to hear what makes him one of the most respected Chief Investment Officer’s in the world. We move on to his bet with Warren Buffett and hear how the real winner was the collateral set aside for the duration of the bet. After touching on what the Chief Investment Officer job entails and sharing the insights he’s learned from speaking with some of the top managers in the world, Ted shares how he invests his own money. We talk about Bill Ackman’s fund, SPACs, and even some crypto.
Key Points
- Ted Seides invests his personal wealth by prioritizing relationships with trusted and respected managers, valuing the opportunity to compound capital alongside them over simply beating an index.
- Seides' approach to personal investing includes a mix of public equities, private funds, and unique opportunities like post-IPO SPACs, emphasizing liquidity and the ability to act on new opportunities as they arise.
- One of Seides' most memorable investments was in Paulson's subprime fund, which provided a significant return and exemplified the rare occurrence of an asymmetric risk-reward opportunity.
Follow Ted: Website
Resources: Capital Allocators: How the world’s elite money managers lead and invest Unconventional Success: A Fundamental Approach to Personal Investment (Swensen) Global Asset Allocation: A Survey of the World’s Top Asset Allocation Strategies (Faber) Capital Allocators Podcast The Index Revolution: Why Investors Should Join It Now (Ellis) Moneyball as an Investment How I Invest My Money: Finance experts reveal how they save, spend, and invest (Brown) The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History (Zuckerman)
Chapters
| 0:00 | |
| 1:29 | |
| 7:51 | |
| 25:45 | |
| 33:10 | |
| 40:27 | |
| 44:10 | |
| 51:08 | |
| 1:00:20 | |
| 1:09:00 |
Transcript
Loading transcript...