Tom Bushey is the founder of Sunderland Capital, a Boston-based hedge fund he started in 2016.  Tom graduated from the Wharton School as an undergraduate, and worked as an investment banker at Credit Suisse First Boston, private equity analyst at Thayer Capital, hedge fund analyst at Millenium and Mayo Capital, and portfolio manager at Blackrock before trying his hand on his own.  Even with that stellar resume, the road to success running an asset management business has plenty of obstacles along the way. Our conversation tells Tom’s story of what happened through his career and launch process.  He shares an inside look from a manager’s perspective of what it takes to get a fund off the ground.  As an important aside and disclaimer, I’ve known Tom for a while and have advised him for the last two years.  I happen to like him a lot, both personally and professionally, but you should know I have a small vested interest in his success.

My guest on today’s show once again is Annie Duke, decision-making expert, former world-famous poker player, and author of the best seller, Thinking in Bets.  I had a chance to interview Annie at The Investment Institute’s Fall Forum in Chapel Hill, North Carolina and the live interview follows. Special thanks to Andrea Szigethy and Donna Holly, founders of the Institute, for having Annie and me down for their terrific event. Our conversation covers the challenge of separating signal from noise in making decisions, the formation and confirmation of beliefs, forming decision groups, communicating with teams, and mistakes Annie’s advisory clients have made after reading her book.  We close with some questions from the audience and end with two great poker stories of how Annie approached being a woman in the male-dominated poker world.  Annie’s irrepressible brain was on display this time around, covering a few of the same ideas from our last conversation and some new ones with different anecdotes along the way. Learn More   Discuss show and Read the Transcript   Join Ted's mailing list at CapitalAllocatorsPodcast.com   Join the Capital Allocators Forum   Write a review on iTunes   Follow Ted on twitter at @tseides   For more episodes go to CapitalAllocatorsPodcast.com/Podcast