We Study Billionaires - The Investors Podcast

In this episode, William Green chats with Adam Shapiro, Managing Partner at East Rock Capital. Adam oversees billions on behalf of eight vastly rich families, allocating their assets to everything from hedge funds to private equity. Here, he explains how to build & safeguard wealth over the long term; how he identifies the best fund managers; why he’s wary of index funds & ETFs; & how to thrive by building a powerful network & removing excess “filler” from your portfolio & your life. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 07:29 - Why Adam Shapiro stopped investing in emerging markets.  11:26 - Why the U.S. is a great—but potentially perilous—place to invest.  25:31 - What he learned at Goldman Sachs about intelligent investing.  32:02 - How he identifies fund managers who are likely to outperform. 40:01 - Why he favors small funds run by young & hungry investors. 45:56 - What human qualities lead to investment success. 51:53 - How Adam built an investing edge through networking. 1:13:21 - Why Adam is wa