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I'm Akshatrati and this summer on my podcast zero, I'm doing a series about climate storytelling,

how we talk about climate change and what it means for how we confront it.

This week I'm interviewing Dorothy Fortenberry, executive producer of extrapolations and Apple TV

climate show. All of the current shows on TV that are taking place right now that don't portray

climate change, those are the science fiction shows. Listen to zero on the iHeart Radio app or

wherever you get your podcasts. This is Masters in Business with Barry Reynolds on Bloomberg Radio.

This week on the podcast, once again, I am fortunate to have another extra special guest,

Ted Cites has a fascinating career in allocating capital both on an institutional basis and as an

academic theoretical philosophical approach. Perhaps he is best known for a bet he made on a

lark with this guy named Warren Buffett, which we spend a lot of time talking about really a

hilarious and amazing conversation about this delightful experience he had, but he spent most

of his career allocating capital to various hedge funds, private equity, venture, etc. First working

for David Swenson at Yale and then later at protégé partners and now talks about the philosophy

and art and science of allocation at capital allocators. I found our discussion to be an absolute

joy and I think you will. Also, with no further ado, my conversation with Ted Cites of capital

allocators. Thanks Barry, great to be here with you. That is quite a CV I stumbled through. Let's

talk a little bit about your alternative investments career. How did you get started in this space?

I got lucky in a sense that when I was an undergraduate at Yale, I took a class with David Swenson.

I'm just so jealous at that sentence right then and there.

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