This podcast features an interview with Brett Barth, founder and managing partner of BBR Partners, a multi-family office managing over $12.5 billion. The conversation covers Barth's career path, BBR's investment philosophy (emphasizing asset allocation, mean reversion, and a core-satellite approach to active vs. passive investing), and their manager selection process (meticulous due diligence and a high bar for new investments). Barth highlights BBR's focus on total return investing and their preference for smaller, niche managers in less efficient markets, citing music royalties as an example of an exciting current opportunity. Listeners gain insights into a successful multi-family office's investment strategy and manager selection process.
