Randall Stutman is founder and co-head of the Leadership Practice at CRA. and the Admired Leadership Institute. Randall is probably the top executive coach that you’ve never heard of before. He’s spent 30 years coaching and learning about the behaviors and routines of extraordinary leaders. To give you a sense, he was worked in the White House and the Olympics, with something like 2,000 senior executives and 400 CEOs, and in our world, the most senior executives at JPMorgan, Goldman Sachs, Morgan Stanley, and Blackstone. Randall is also well known among the titans in the hedge fund community, where he’s worked with many of the industry’s leading funds. And he’s done all of this entirely by word of mouth referral. Randall was one of the first people I asked to come on the show three years ago, and he respectfully declined – at that point in time not wanting share the uncovered behaviors that drive his work. A few months ago, he and his partners launched Admired Leadership, an online course with short videos of 100 behaviors repeated by the most talented CEOs. The course is extraordinary. It’s so ridiculously good that I started sharing a link to it in my email signature as a gift to those who don’t know about it. Our conversation covers Randall’s path to coaching and the coaching process. We cover behaviors common among hedge fund managers, the admired leadership course, and examples across inspiring others, decision making, time management, and elevating performance. We close with Randall’s thoughts on behaviors that allocators can identify in their manager research. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

Adam Fisher is the CIO of Commonwealth Asset Management, which he founded as Commonwealth Opportunity Capital in 2008 and re-launched in 2019 after a two-year interlude Soros Fund Management. Commonwealth manages both a global macro hedge fund and private real estate assets with a thematic bent. In getting there, Adam traded his bar mitzvah money, attended law school, and started real estate investment companies in the U.S. and Asia. Our conversation covers Adam’s self-taught trading, early stumbles in private equity, and a one-off encounter with Richard Rainwater that led to his creating his first business. From there, we touch on thematic real estate investing, hedging his investments leading into the financial crisis, and pivoting back to trading alongside real estate investing thereafter. We discuss the challenges of traditional global macro businesses, the benefits of investing in one-off big ideas, the synergies across real estate and macro investing, interest rates, and Adam’s outlook on the markets and industry. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast