I'm Ted Sides, and this is Capital Allocators.

Once in a while, I take a turn on the other side of the microphone and share it on our feed

when I've said something different from what I have in the past.

I recently appeared on Michael Sidgemore's Alt Goes Mainstream Podcast, which focuses

on the intersection of private markets and wealth management.

Michael was the first guest on our private wealth miniseries and asked me to share my lessons

from that mini-series on AGM when it concluded.

Our conversation covers David Swenson's Last Thing Legacy,

perspectives on private market interests from the Wealth Channel,

parallels of private equity and the hedge fund industry,

behavioral biases in manager selection,

and the power of content in asset

management. Before we get going, it's time for all our back-to-school rituals. Time to shop

for clothes, buy a few pencils and notebooks, or update electronic devices as the case may be,

adjust sleep schedules, and launch into the

excitement of new teachers, classrooms, and classes. But rather than hear about it from me or my

kids, who are long past the precious ages of first day of school photos, I thought you

might enjoy hearing about it from the capital allocators family.

Here's Blake Garguela, Morgan's nine-year-old daughter.

I love school because I get to see my friends that I did see over this summer.

And another from Galia Arbock to Marr's seven-year-old daughter.

I love school if you get to see old friends and you think.

...