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Capital Allocators with Ted Seides

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Jul 1, 2026

Down 50%. Half the LPs Left. He Stayed. | Nicholas Csicsko

The creator discusses a challenging period for a manager in 2020, where the fund experienced significant drawdowns and lost half its investors. Despite the difficulties, the creator's repeated meetings with the manager and belief in the underlying holdings gave them the confidence to stay invested. This decision proved fruitful as the fund saw a 5x return from 2021 to 2026.

1 mentions · 0 linked signals

Jun 30, 2026

Holding a Hedge Fund Manager Through a 50% Drawdown — to a 5X | Nicholas Csicsko

The creator discusses investing in a long/short hedge fund manager who experienced significant drawdowns in 2019 and 2020, leading to a nearly 50% loss. Despite the stress, the creator added to the position and ultimately held through the downturn, which resulted in a 5x return from 2021 to 2026. The manager's commitment and transparency were key factors in the decision to stay invested.

1 mentions · 0 linked signals

Jun 29, 2026

Trinity Wall Street's Nicholas Csicsko: How Transparency Survives a 50% Drawdown

The creator, Nicholas Csicsko of Trinity Wall Street, shares his unconventional path into investing, starting from music studies at Juilliard. He discusses how a stipend led him to buy stocks in 2007, sparking a fascination with business and economics that drove him to pursue a career in investment, eventually leading to internships and roles at foundations.

1 mentions · 0 linked signals

Jun 25, 2026

Abigail Wattley on Learning to Underwrite Managers — Starting With the Asset Classes Nobody Wanted

The creator discusses her early career in investment management, focusing on how she learned to underwrite managers and research asset classes she initially had little background in, such as investment grade fixed income and real assets. She highlights the importance of deep dives into markets and managers, learning from mistakes, and attending specialized courses like PIMCO's bond boot camp and an oil and gas investing course.

1 mentions · 0 linked signals

Jun 23, 2026

Abigail Wattley on Inheriting a $4.5B Endowment Without Re-Pointing the Ship

The creator discusses the transition of becoming CIO of an endowment, emphasizing the importance of a clean handoff and the value of duration within the team. She highlights the benefit of maintaining a clear strategy while incorporating new perspectives from team members with diverse investment backgrounds, specifically mentioning a new focus on biotech opportunities.

1 mentions · 0 linked signals

Jun 22, 2026

Abigail Wattley – Inside the $4.5B Williams Endowment | Capital Allocators EP.507

Abigail Wattley discusses her career at the Williams Endowment, starting as a junior analyst in 2007 when the endowment managed $1.3 billion and growing to $4.5 billion today. She highlights the transition from a volunteer committee to a professional investment office, the development of the investment process, and her personal growth in researching managers and making investment decisions.

1 mentions · 0 linked signals

Jun 15, 2026

Hotel Investing at EOS – Jonathan Wang

This episode features Jonathan Wang, founder and CEO of EOS Investors, discussing his journey into hotel investing. The conversation delves into EOS's investment process, including market selection, property types, underwriting, operational strategies, and navigating market cycles. They also touch upon extensions into residential real estate and hotel credit.

1 mentions · 0 linked signals

Jun 8, 2026

Contrarian Quality at GQG Partners – Rajiv Jain

Rajiv Jain of GQG Partners discusses the economics of AI companies, contrasting them with traditional cash-generating businesses like Google. He highlights the high capex and lower profitability in AI compared to historical tech giants. Jain also shares his contrarian investment approach, favoring sectors like energy, utilities, steel, and tobacco, while avoiding hyperscalers and semiconductors. The conversation touches on his career path, definition of quality, and portfolio construction.

1 mentions · 0 linked signals

Jun 1, 2026

Operator-Led Private Equity at Ethos - Erik Brooks

This segment introduces Erik Brooks, co-founder and managing partner of Ethos Capital, a private equity firm focused on integrating experienced operators into the investment process. The discussion highlights the difference between traditional private equity management meetings and those led by operators, emphasizing the depth of information and quality of decision-making that results from a more conversational and knowledgeable approach. The episode also touches on Brooks's background, Ethos's investment philosophy, and the importance of betting on people.

1 mentions · 0 linked signals

May 26, 2026

How to raise $70 Billion 🔥🔥

Ted Seides interviews John Kim, who has raised over $70 billion for venture capital and private equity firms. They discuss Kim's book, "The Dao of Fundraising," covering fundraising philosophy, sales processes, persuasion, meeting best practices, success frameworks, sales team structures, and applying capital formation lessons to an operating role at ILA Sciences.

1 mentions · 0 linked signals

May 25, 2026

Fundraising Mastery: the Tao of Kimmer – John Kim (EP.503)

This segment of the Capital Allocators podcast features Ted Seides interviewing John Kim about fundraising mastery. They discuss the crucial elements of a successful meeting, including establishing rapport, credibility, attention, and interest. Kim also shares insights from his book, "The DAO of Fundraising," and his experience as chairman and president of corporate development at Llaya Sciences. The conversation touches on sales processes, persuasion, investor types, and sales team structures.

1 mentions · 0 linked signals

May 18, 2026

Never Judge a Decision by Its Outcome – Josh Steiner (EP.502)

This episode of Capital Allocators features Josh Steiner, discussing mistakes in investing and life. The conversation delves into the nature of mistakes, personal experiences at the US Treasury and in private equity, and frameworks for avoiding them. The host also encourages listeners to share the podcast with others.

1 mentions · 0 linked signals

May 11, 2026

Disintermediating Pod Shops | Will England, Derek Drummond, and Tony Caruso Ep.501

This episode of Capital Allocators features Ted Seides in conversation with Will England, Derek Drummond, and Tony Caruso, discussing their joint venture, Docks ID. Docks ID is a managed account platform designed to provide institutional allocators with direct access to portfolio managers, leveraging the infrastructure of a multi-manager hedge fund to deliver smoother, equity-like returns at a lower cost. The discussion covers the evolution of the platform, manager sourcing, due diligence with trade-level transparency, capital efficiency, and risk management.

1 mentions · 0 linked signals

May 8, 2026

This made the employees care 🥹 #entrepreneur Will Guidara

This clip discusses a unique employee incentive program at UPS Stores where employees are required to comp a customer's purchase daily, up to $30. This initiative aimed to change employees' perspectives by putting them in a position to show appreciation to customers, thereby fostering a deeper connection and understanding of their work.

1 mentions · 0 linked signals

May 4, 2026

Sloane Payne & Dave Joerger - Why Culture Matters (EP.500)

This episode of Capital Allocators features Ted Seides discussing the importance of culture in investment organizations with Sloan Payne and Dave Joerger of WCM Investment Management. They delve into WCM's unique approach to hiring, trust, compensation, and fostering a positive work environment, which they believe has been key to their success and growth to $120 billion in assets under management. The conversation also touches on personal reflections and a Mother's Day gift idea related to sharing podcast episodes.

1 mentions · 0 linked signals

May 2, 2026

Burger Kings to Billions | Two Guys turn burger king franchise into 4.5 Billion $ Firm

This episode discusses how two individuals built a Burger King franchise business and then leveraged that experience to create an institutional investment firm. They expanded by acquiring and professionalizing other franchise systems, demonstrating their capabilities through a challenging COVID period and ultimately proving their repeatable success to institutional LPs.

1 mentions · 0 linked signals

May 1, 2026

Buy-and-Build Playbook in the Core Economy at GSP | Alex Sloane & Matt Perelman - EP.499

Alex Sloane and Matt Perelman, co-founders of Garnet Station Partners, discuss their journey from operating Burger King franchises to building a $4 billion private equity firm focused on buy-and-build strategies. They emphasize their unique partnership, disciplined approach to acquisitions, focus on operational improvements through technology, and their long-term vision for value creation.

0 mentions · 0 linked signals

Apr 28, 2026

High are high but the lows 😅 #ipo #investing

The creator recounts a past IPO experience where the stock initially surged to $10 from an $8.35 merger price, only to plummet to $0.98 within 8 months due to COVID and missteps. This highlights the volatile nature of market highs and lows, emphasizing that one is never as smart or as dumb as they appear.

1 mentions · 0 linked signals

Apr 27, 2026

From Burger King to BILLIONS 🤯 Not Your Average Investors

Ted Seides interviews Alex Sloan and Matt Perelman, co-founders of Garnett Station Partners, a private equity firm. They discuss their journey from acquiring a Burger King franchise to building a $4 billion firm, their "buy and build" investment strategy, and lessons learned in scaling businesses.

1 mentions · 0 linked signals

Apr 25, 2026

S&P 500 is a BAD Benchmark for Serious Investors🤯

The creator argues that the S&P 500 is an inadequate benchmark for serious investors, suggesting a broader universe including international markets, bonds, and private investments is necessary to reflect the full scope of investment opportunities.

1 mentions · 0 linked signals

Apr 23, 2026

Would you Let Ai Run Your Portfolio?? 🤔

The creator discusses how AI is improving price discovery in markets, making indexing a more efficient investment concept. They also highlight the potential for AI to provide customized financial advice tailored to individual circumstances, noting that Vanguard is in the early stages of developing these capabilities.

1 mentions · 0 linked signals

Apr 22, 2026

Vanguard's CIO Reveals the IPO Playbook 🤫 #ipo #investing

The CIO of Vanguard discusses their strategy for including newly public companies in index funds. They believe companies should be added to indexes quickly, ideally by day three or five after their IPO, and that indexes should be float-adjusted to manage demand and supply dynamics. This approach ensures investors have access to these securities as part of their overall investment return.

1 mentions · 0 linked signals

Apr 20, 2026

The Mechanics of Indexing at Vanguard | Rodney Comegys - EP.498

Ted Seides interviews Rodney Comegys, CIO of Vanguard Capital Management, discussing the philosophy and mechanics of index fund operation. They cover Vanguard's global equity indexing, product selection, and common issues like US equity concentration, corporate governance, private assets, and AI. The conversation also touches on Comegys' personal background and journey to Vanguard.

5 mentions · 0 linked signals

Apr 20, 2026

He manages $8.5 TRILLION in assets 😅

Ted Seides interviews Rodney Comeegys, CIO of Vanguard, discussing the philosophy and mechanics behind managing $8.5 trillion in index assets. They cover Vanguard's ownership structure, values, product selection, and the delivery of index funds, as well as common indexing issues like US equity concentration, corporate governance, private assets, and AI.

1 mentions · 0 linked signals

Apr 13, 2026

Giving Feedback, Followership, and Admired Leadership | Randall Stutman – EP.497

This segment of the Capital Allocators podcast features Randall Stutman, founder of Admired Leadership, discussing the nuances of feedback, advice, and leadership. The conversation touches on how power dynamics influence communication and introduces Alex, an AI coaching tool. The host, Ted Seides, also shares a personal anecdote about a frustrating flight delay and passenger behavior.

1 mentions · 0 linked signals

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