Optimizing the Investment Business for Long-term Results | David Steinberg of Marlowe Partners
Other People's Money with Max WietheShow Notes
David Steinberg, founder and CIO of Marlowe Partners joins Other People’s Money to discuss why he believes the operational and capital raising side of the investment business is the most important factor in determining success. He also discusses how he is navigating the capital raising process with a focus on weeding out investors who are not a fit for his concentrated long-term investing style, how that long-term style affects his ability to use AI in the research process, and why it is important not to be too innovative with your investment terms.
David would also like to highlight the importance of high quality service providers and has shared three service providers he would highly recommend to other investment professionals.
For accounting services David uses: https://rsmus.com
For outsourced compliance services David uses: https://www.salusgrc.com
For legal services David uses: https://www.akingump.com/en
Follow David on Twitter: https://x.com/PeterLakeSounds
Follow Max on X: https://x.com/maxwiethe
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00:00 Intro
00:30 The Most Important Aspect of Investing
10:16 The Market for Concentrated Investing
13:47 Staying in the Game
17:45 Non-Standard Structures Are a Risk
19:41 New Structures for Individual Investors
27:11 Communicating Investing Process
34:28 Using AI to Cut Investment Research Costs
49:04 The Mission of $1B to $100B
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This episode is brought to you by Sarmaya Partners. Learn more about Sarmaya’s LENS ETF, their full data and comparison, including performance here: https://sarmayaetf.com/
This episode is brought to you by Sarmaya Partners. Learn more about Sarmaya’s LENS ETF, their full data and comparison, including performance here: https://sarmayaetf.com/
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