The LP Perspective | Ted Seides | Pomp Podcast #514
This is an episode of The Pomp Podcast with host Anthony "Pomp" Pompliano and guest, Ted Seides, CFA. Ted Seides has spent 25 years as an institutional investor, allocating money to managers. He started in 1992 at the Yale University Investments Office, seven years after David Swensen arrived at Yale. Ted spent five years learning under David’s tutelage and departed to attend Harvard Business School shortly before David wrote the bible in the industry, Pioneering Portfolio Management. In 2017, Ted launched the Capital Allocators podcast, a series of interviews with leading Chief Investment Officers. His most recent book — CAPITAL ALLOCATORS: How the World’s Elite Money Managers Lead and Invest — will be published on March 23, 2021. In this conversation, we discuss the Yale Investment Office, Dave Swenson, asset allocation, rebalancing, asymmetry, ESG, Diversity and Inclusion, comfort being different, and crypto. ------ https://Blockfi.com/POMP ------ Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ Book a one-on-one video call with Pomp: Cameo: https://www.cameo.com/pompglobal Superpeer: https://superpeer.com/pomp Follow Pomp on social media: Twitter: / apompliano Instagram: / pompglobal LinkedIn: / anthonypompliano Website: https://anthonypompliano.com/ Listen and subscribe on the platform of your choice: Apple: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/2QwpFjz... Google: https://play.google.com/music/listen?... TIMESTAMPS: 00:00 - Intro 00:44 - Background 03:25 - Learning from David Swensen 13:53 - Applying timeless investing lessons to Crypto 18:08 - Content Creation 22:08 - Most memorable interview 26:18 - Ted's new book 28:14 - Ted's favorite investing book 29:03 - Being an LP during 2020 34:22 - Who's giving Michael Saylor money? 37:11 - What CIO's are saying about crypto 44:17 - Biggest surprise from last 12 months 46:34 - Valuations in today's world 54:16 - Favorite book 55:24 - Sleep habits 57:36 - Aliens 01:00:54 - Question for Pomp
