Optimizing the Investment Business for Long-term Results | David Steinberg of Marlowe Partners
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 Follow David on Twitter: https://x.com/PeterLakeSounds Follow Max on X: https://x.com/maxwiethe Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR X https://x.com/opmpod 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