Uploaded June 2026 | Updated September 2026, 1 week ago

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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
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