Family offices invest for decades, compounding wealth and shaping global change. #investing

Added: 2026-06-03

[00:00:00]That's a huge disruption. Versus a family office, which is going to buy a company, hold it for 20 years, let it compound, and then sell it. That's a much better model.

[00:00:12]I think right now, family offices, as I said, are very inefficient, very fragmented, very siloed, but I think that's starting to change. Every major bank, every law firm, every accounting firm is trying to tap into the family office market. That's where the money is. And the reason family offices matter so much is because there is going to be so much wealth concentrated in so few hands, but a lot of the hands that it's going into really want to make an impactful difference in lives. It doesn't matter if it was milk and his prostate cancer, it doesn't matter if it's climate. These are real-world problems.

[00:00:49]Where we are today, like I said, I believe we're in the third inning of the of the evolution of family offices. How I think this is going to play out