Apr 13, 2017
André Perold is the Chief Investment Officer and Co-Managing
Partner at HighVista Strategies, where for the last dozen years he
has sat at the helm of a now $3 billion fund that takes a
multi-asset class, endowment-like approach emphasizing broad
diversification and risk management.
Over this period, André has definitively rebuffed the cliché that
those who can’t do, teach. In his prior career, he spent over
30 years teaching at the HBS, where he is the George Gund Professor
of Finance and Banking, Emeritus.
André had a distinguished career teaching investment management at
Harvard and is a legendary master of the case study classroom. Just
about everyone in the investment profession with Harvard Business
School on their resume took a seat in his classroom at one point in
time. André received numerous awards for teaching excellence,
including being voted the School’s most outstanding professor in
a Business Week student survey.
While at Harvard, André authored and co-authored 27 articles in
financial journals, two books, and over 100 case studies, all
relating to investment management, capital markets, and the
financial system. He literally chronicled the development of
modern finance as it occurred through is work at HBS.
Among his directorships and trustee roles over the years, André
currently is a Board member at The Vanguard Group.
In this episode, we spend the first 11:30 talking about teaching at
Harvard, and then turn to the practice of investing: the active vs.
passive debate, a risk-based approach to asset allocation, and what
makes investing so hard. I found it fascinating hearing how
André takes all of his academic experience and knowledge and
applies it the practice of investing at HighVista. His wisdom and
clarity of thought are second to none, and his soothing South
African accent only adds to the allure.
For more episodes, go to capitalallocatorspodcast.com/podcast
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