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Capital Allocators – Inside the Institutional Investment Industry

2022 Top Episode #1: Sam Zell – Common Sense and Uncommon Profits, EP. 253

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Business, Investing

4.7841 Ratings

🗓️ 30 December 2022

⏱️ 54 minutes

🧾️ Download transcript

Summary

This week, we're counting down the top 5 episodes of 2022.

Without further ado, the number 1 show of 2022 is Sam Zell – Common Sense and Uncommon Profits. Sam is the chairman of Equity Group Investments, a private investment firm he founded more than 50 years ago. Sam has a storied track record of turning around troubled companies and assets, leading industry consolidations, and bringing companies to the public markets. His current investments canvass logistics, health care, manufacturing, energy, and real estate. Sam was recognized five years ago by Forbes as one of the 100 Greatest Living Business Minds, and he's still going strong.

Our conversation covers Sam's childhood background, early entrepreneurial efforts, formation of his investment strategy, and comfort being a contrarian. We then turn to Sam's thoughts on team development, evaluating people, real estate, generational businesses, emerging markets, and opportunities for the future.

Thanks so much for tuning in this year.  Here's to a very happy and healthy New Year.

 

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Transcript

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0:00.0

Capital Allocators is brought to you by Ten East, an investment platform for sophisticated investors to access private markets.

0:10.5

Ten East brings benefits of having your own family office without the cost and headaches of doing so.

0:16.8

It's founded and led by Michael LaFelle, former deputy executive managing member of Davidson Kempner.

0:24.2

Michael and his investment team offer members the opportunity to co-invest by offering at their

0:29.1

discretion. Michael and his team source, diligence, and commit material personal capital to each

0:35.3

investment. The opportunities shared on the Ten East platform

0:38.9

offer exposure to private credit, real estate, niche venture and private equity, and other

0:44.5

idiosyncratic investments that typically aren't available through traditional channels.

0:49.2

The principles have over a decade track record of investing in these types of exposures

0:53.5

across more than 350

0:55.7

transactions. Post-investment, the Tennis team conducts ongoing monitoring and reporting,

1:01.8

just as you'd expect from an institutional investment organization. I've known Michael for about a

1:07.0

decade, and after becoming impressed by the quality of 10 East offerings, its research

1:11.6

process, and high-quality investment team, I became an advisor to the organization, an investor

1:17.1

in multiple offerings. You can learn more and join me as a member at 10-east.com. That's the number 10,

1:25.4

east.co. This week, we're counting down the number 10 East.co.

1:32.7

This week, we're counting down the top five episodes of 2022.

1:34.6

And here it is.

1:40.3

Without further ado, the number one show of 2022 is... Sam Zell, common sense and uncommon profits.

1:51.5

In the episode, the legendary grave dancer shares entertaining stories about his path, team, and outlook.

1:59.4

Thanks so much for tuning in this year, wishing you a very

2:03.2

happy and healthy new year. Capital Allocators is also brought to you by SRS Aquium. Want to make

...

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