Bloomberg Wealth: Rob Wallace

Rob Wallace oversees Stanford University's roughly $50 billion endowment as CEO of Stanford Management Company. Before entering the world of investing, he spent 16 years as a professional ballet dancer. On this week's episode of Bloomberg Wealth with David Rubenstein, Wallace discusses his unconventional path to finance, the portfolio overhaul he led at Stanford, how he thinks about AI and private markets, and the challenges of investing for future generations. This interview was recorded April 9 in Palo Alto, CA. Chapters: 00:00:30 - INTRO 00:02:31 - STANFORD ENDOWMENT 00:05:08 - ASSET ALLOCATION/BEST PERFORMERS 00:08:14 - ARTIFICIAL INTELLIGENCE 00:09:07 - GLOBAL ECONOMY 00:11:55 - BIGGEST CHALLENGE 00:13:25 - BACKGROUND & CAREER 00:21:21 - ADVICE FOR YOUNG PEOPLE IN FINANCE -------- Like this video? Subscribe to The David Rubenstein Show on YouTube:    / @davidrubenstein   Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here: https://www.bloomberg.com/peer-to-peer Learn more about David: http://www.davidrubenstein.com/ Connect with us on... Twitter:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness