Optimizing the Investment Business for Long-term Results | David Steinberg of Marlowe Partners

Monetary Matters with Jack Farley

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

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Timestamps

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