As inflation trends downward, should investors plan for a lower interest rate environment in 2024 — and even the possibility of deflation?

Today on the show, I have a lively conversation with Ashby Monk, the executive director of the Stanford Research Initiative on Long Term Investing. Ashby studies the inner workings of pension funds, sovereign wealth funds, endowments and foundations —  in short all of those LPs that sit somewhere in between the public and private sectors.

“That means that they are optimizing for things that are not entirely evident to just the casual observer,” Ashby says.

In this episode of Dry Powder, I ask Ashby to take us inside the $140 trillion universe of long-term investing and help us understand what exactly these organizations are optimizing for.

If you'd like to stay up to date with my weekly series on LinkedIn, follow me here.

In part two of our interview series, we explore Vista’s approach to AI and how it connects to the company’s founding story.

We ask Vista’s CEO how he continues to do deals at an astonishing clip, despite the challenging conditions of today’s market.

If you'd like to stay up to date with my weekly series on LinkedIn, follow me here.

We ask the founding team at Greater Share about their intriguing new approach to philanthropic funding and how they’ve already garnered support from some of the world’s leading GPs.

In part two of our macro series, we explore the risks and rewards of public-private partnerships.

We ask Karen Harris, the managing director of Bain’s Macro Trends Group, whether the economy could emerge from this period of rate hikes unscathed.

If you'd like to stay up to date with my weekly series on LinkedIn, follow me here.

In part two of our interview series, we ask Steve how he recruits and retains a team of all-star players.

If you'd like to stay up to date with my weekly series of posts on LinkedIn, you can follow me here.