E313: Why the Endowment Model Doesn’t Work for Taxable Investors
Podcast:How I Invest with David Weisburd Published On: Thu Feb 26 2026 Description: Why does applying institutional investing frameworks often fail for taxable investors and families? David Weisburd speaks with Aneet Deshpande about adapting the endowment model to private clients, the rise of tax-aware private market investing, and why governance, pacing, and asset location matter more than product selection. Aneet explains how taxes, liquidity needs, and behavioral risks fundamentally change portfolio construction—and why clarity of objectives is the real edge.