Decision-Making Insights
Brett discusses the importance of distinguishing between hiring mistakes and missed opportunities, emphasizing a preference for the latter. He shares that their manager turnover averages around 15% annually, indicating a high hiring standard. Additionally, he highlights a strategy of seeking out smaller, performance-driven managers who are often earlier in their careers, as they are more likely to capitalize on inefficiencies in the market.In this clip
From this podcast

Capital Allocators – Inside the Institutional Investment Industry
Brett Barth – Asset Allocation for Families (Capital Allocators, EP.03)
Related Questions
How should I think about hiring the right people for a growth stage investment fund?
How should I think about hiring the right people for my VC growth fund, given the difference in underwriting processes from the seed/early stage investing I currently do, as discussed in the episode How an $80B Asset Manager Seeds the Growth of New GP Talent and the clip Fundraising Challenges?
How should I think about hiring the right people for a growth stage investment fund, based on the episode How an $80B Asset Manager Seeds the Growth of New GP Talent and the clip Fundraising Challenges?