00:00 - Intro
02:02 - Clare's background and what led her to found Essentia
08:25 - The type of data Essentia looks at when evaluating managers
11:43 - The biggest mistakes investment managers make
13:58 - Focusing on strengths vs. weaknesses
14:52 - Quantifying the impact of mistakes
16:13 - The impact of soft data and external factors on manager performance
20:09 - The behavioral alpha benchmark
24:19 - Win rates and the impact of big winning positions
26:14 - Do investment managers add value with their decisions?
29:09 - How to properly deliver feedback
33:54 - How the feedback process works
36:34 - Discretionary vs. quantitative managers
42:33 - The role of artificial intelligence in manager evaluation
45:43 - Assets vs. alpha
51:16 - The biggest lesson investors can learn from the evaluation of professional managers
53:50 - The one lesson Clare would teach the average investor
MORE INFORMATION ON ESSENTIA ANALYTICS
https://www.essentia-analytics.com/
SEE LATEST EPISODES
https://www.validea.com/excess-returns-podcast
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https://www.validea.com
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https://www.valideacapital.com
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