ALO06: Betting against Buffett ft. Ted Seides

<p>Today, Alan Dunne is joined by Ted Seides, host and creator of the Capital Allocators podcast, to discuss the investment approach and philosophy of David Swensen, the Yale Model and how Seides has used the model to develop his own approach, whether being a hedgefond allocator has become gradually more difficult over the years, the bet Seides made with Warren Buffett, asset allocation vs. manager selection and the challenges to overcome, what Seides has learned from doing his podcast, decision making processes and governance, crypto currencies and digital assets and much more.</p><p><strong>-----</strong></p><p><strong>50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - </strong><a href="https://dunncapital.com/DUNN%2050-Year%20Book-TTU" rel="noopener noreferrer" target="_blank"><strong>CLICK HERE</strong></a></p><p><strong>In this episode, we discuss:</strong></p><ul><li>The philosophy of David Swensen and the Yale Model</li><li>How the role of hedge funds has changed over the years</li><li>The bet Seides made with Warren Buffett</li><li>Asset allocation vs. manager selection and the challenges to overcome</li><li>What Seides has learned from doing his podcast</li><li>The importance of leadership and time management</li><li>The difficulty of making a good decision in the heat of the moment</li><li>The future of crypto currencies and digital assets</li></ul><br /><p>-----</p><p><br /></p><p>Follow Niels on <a href="https://twitter.com/toptraderslive" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>, <a href="https://www.linkedin.com/in/nielskaastruplarsen" rel="noopener noreferrer" target="_blank"><strong>LinkedIn</strong></a>, <a href="https://www.youtube.com/user/toptraderslive" rel="noopener noreferrer" target="_blank"><strong>YouTube</strong></a><strong> </strong>or via the <a href="https://www.toptradersunplugged.com/" rel="noopener noreferrer" target="_blank"><strong>TTU website</strong></a>.</p><p><strong>IT’s TRUE </strong>? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written&nbsp;<a href="https://www.toptradersunplugged.com/Ultimate" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>And you can get a free copy of my latest book “<strong>Ten Reasons to Add Trend Following to Your Portfolio</strong>” <a href="https://www.toptradersunplugged.com/10-reasons-shownotes" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>Learn more about the Trend Barometer <a href="https://www.toptradersunplugged.com/resources/market-trends/" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>Send your questions to&nbsp;<a href="mailto:info@toptradersunplugged.com%22%20%5Ct%20%22_blank" rel="noopener noreferrer" target="_blank">info@toptradersunplugged.com</a></p><p>And please <strong>share this episode</strong> with a like-minded friend and <strong>leave an honest Rating &amp; Review</strong> on&nbsp;<a href="https://www.toptradersunplugged.com/reviewttu" rel="noopener noreferrer" target="_blank"><strong>iTunes</strong></a>&nbsp;or <a href="https://open.spotify.com/show/2OnOvLbIV3AttbFLxuoaBW" rel="noopener noreferrer" target="_blank"><strong>Spotify</strong></a> so more people can discover the podcast.</p><p>Follow Alan on <a href="https://twitter.com/alanjdunne" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>.</p><p>Follow Ted on <strong><a href="https://www.linkedin.com/in/tedseides/" rel="noopener noreferrer" target="_blank">LinkedIn</a></strong><a href="https://www.linkedin.com/in/tedseides/" rel="noopener noreferrer" target="_blank"> </a>.</p><p><strong>Episode TimeStamps: </strong></p><p><strong>00:00 -</strong> Intro</p><p><strong>03:23 -</strong> Ted’s background</p><p><strong>07:35 -</strong> How Seides deviates from Swensen in his approach</p><p><strong>10:36 -</strong> The Yale Model and the end of 60/40</p><p><strong>15:55 -</strong> Is it more difficult to be a hedgefond allocator now?</p><p><strong>23:03 -</strong> Asset allocation vs. manager selection</p><p><strong>31:35 -</strong> What has Seides learned from doing his podcast?</p><p><strong>39:58 -</strong> Learning by doing vs. learning from courses etc.</p><p><strong>41:22 -</strong> What has Seides learned from interviewing CIOs and Allocators?</p><p><strong>43:35 -</strong> What constitutes good and bad governance?</p><p><strong>49:14 -</strong> Ted’s perspective on crypto currencies and digital assets</p><p><strong>51:55 -</strong> Macro trends in the coming years</p><p><strong>53:39 -</strong> Reflection on the success of Ted’s podcast</p><p><strong>57:47 -</strong> How Ted’s role has evolved</p><p><strong>01:01:21 -</strong> Thanks for listening</p><p>Resources discussed in this Episode:</p><ul><li><a href="https://en.wikipedia.org/wiki/David_F._Swensen">Link: David F. Swensen</a></li></ul><br /><p>Copyright © 2025 – CMC AG – All Rights Reserved</p><p>----</p><p><strong>PLUS:</strong> Whenever you're ready... here are 3 ways I can help you in your investment Journey:</p><p><strong>1. eBooks that cover key topics that you need to know about </strong></p><p>In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. <a href="https://www.toptradersunplugged.com/resources/ebooks/" rel="noopener noreferrer" target="_blank"><strong>Click Here</strong></a></p><p><strong>2. 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