Ted Seides
The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Ted Seides is The Navigator in the truest sense, guiding investors through the treacherous terrain of portfolio construction by charting risk before reward. His pillar-of-risk framework and his insistence on portfolio fit over product selection reveal a leader who reads conditions carefully and plots deliberate courses.
“It's been entirely organic. We've done a few little experiments promoting and advertising. None of it's worked. So I've never really cared about it. It's kind of like what you said. I didn't think of it as a business when I started. I barely do now. And people have found it because it added value to their professional careers.”
“The other piece of it, say, in something like venture capital, which you mentioned, access really matters. And that's where you could look at a Yale and say they had a first mover advantage 30 years ago.”
“Well, if you look at what happened with SVB Mismanagement of the balance sheet. So you go back a couple years and you could say, well, what return is available buying a treasury? And it turned out, if you looked at the market at that time, it was, I don't call it 1% five-year treasury, 10-year treasury.”
“Yeah, it's much harder with more capital there. But you have to keep in mind that what you see in an index tends to be equal weighted. And the experience of investors is asset weighted by definition. So where institutional investors have their money in hedge funds?”
Masters in Business: “Team Favorite At the Money: Are Hedge Funds Are Right For You?”
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