Steven Galbraith – In the Boardroom (Capital Allocators, EP.48)

<p>One common refrain across my conversations has been the importance and subtleties of effective governance in making optimal investment decisions.  Alongside Steven Galbraith’s incredible career as an analyst, strategist, portfolio manager, and entrepreneur in the asset management business, he has served on as many Boards as anyone I know. I imagine many of you have heard Steve’s story, but if not, you may want to have a listen to the very first episode of Capital Allocators before diving in here.</p> <p> </p> <p>Our conversation today starts with an update on Steve’s personal investment in the Narragansett Beer Company and moves into a practical discussion inside the Board rooms of each of his current seats that range across a university, a large family office, a public company, a government agency, and two early stage fintech companies. We touch on time allocation, governance structure, Board composition, adding value, the politics of Boards, and the motivation of Board members.</p> <p> </p> <p>We also get an update on Steve’s family office, that he’s managing alongside his wife Lucy, a seasoned distressed debt investor, and we close with our brief, contrary outlook on the baseball season.</p> <p> </p> <p>Steve’s perspective and insights on the real world of Boards is second to none, and this conversation is as full of gems as our first one.</p> <p> </p> <p><strong>Learn More</strong></p> <p>Join Ted's mailing list at <a href= "http://capitalallocatorspodcast.com">CapitalAllocatorsPodcast.com</a></p> <p>Write a review on <a href= "https://itunes.apple.com/us/podcast/capital-allocators-with-ted-seides/id1223764016">iTunes</a></p> <p>Follow Ted on twitter at <a href= "http://www.twitter.com/tseides">@tseides</a></p> <p>For more episodes go to <a href= "http://capitalallocatorspodcast.com/podcast">CapitalAllocatorsPodcast.com/Podcast</a></p> <p> </p> <p><strong>Show Notes</strong></p> <p>2:45 – Update on Narragansett Brewery</p> <p>             2:53 – <a href= "https://www.barrons.com/articles/how-passion-invest