Rosalind M. Hewsenian
The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Rosalind M. Hewsenian exemplifies The Navigator archetype throughout this interview, consistently demonstrating her ability to chart deliberate courses through complex and shifting terrain. She built Helmsley's investment framework around liquidity tiers precisely because she mapped the risks specific to foundations versus endowments, refusing to borrow frameworks designed for different vehicles.
“And that's where the entire initiative about how do we support rural areas that need our help? And the use of technology, the use of providing equipment, online pharmacies, a lot of that support was the initial help provided by Helmsley. We recognize that the upper Midwest was not the only place that needed our help. We went to Israel.”
“No, just accept it and manage for what it represents. And also simplicitly, there is nothing wrong before you get into the investment business with starting with a teaching qualification. Ross, you've obviously had a terrific career so far and really appreciate sharing your thoughts and your wisdom with us on this podcast today.”
“I was working to help land a very big account for dimensional fund advisors and getting it closed and getting it funded. And I worked extensively with a consultant there, Alan Impin. And he was truly impressed, supposedly, with how I handled the situation. And he invited me to lunch.”
“They do approve near managers for the first time and again, that's to probe conviction and to ensure policies and procedures that they're not held. And they approve our policies and procedures before they go to our trustees for approval. After that, it is one of the richest discussions about the market and the economy we could have.”
Money Maze Podcast: “Lessons from 5 Decades of Investing – With Rosalind M. Hewsenian, CIO of Helmsley Charitable Trust”
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