providing fiduciary spaces for superfiduciary collaboration, connection and best practices

We consistently encounter these four objections whenever we first introduce evergreen

“Who else is doing this (and real estate doesn’t count)?”

“Where will I find deals?”

“I don’t know how to do this.”

“Do you know how hard this is going to be?”

we look to the university to provide answers to each of these objections

Superfiduciary
Self-Discovery
Days

fiduciary spaces for individuals in superfiduciary roles to develop and perfect their skills at collaborating with each other and negotiating with enterprise leadership, directly

Macro Projects
in
Macro Centers

fiduciary spaces for connecting enterprises seeking superfiduciary financing with superfiduciaries seeking enterprises to finance

Research Institutes
and
Publications

curating knowledge from experience and storing it for retrieval and learning by others, in print, in video, in hypertext

because finance has to happen somewhere

An important function performed by Wall Street in the Wall Street system is finding enterprises to securitize.

This is known in the law as underwriting, and in the jargon of finance, as investment banking. Enterprises seeking growth capital engage with investment bankers, who study the enterprise carefully to determine its qualifications as an engine of growth in earnings, assets and share price.

Investment bankers provide attractive new securities to the securities trading markets.  Brokers find buyers and sellers for new and existing issues. Specialists act as buyers or sellers of last resort, making a market in a security to guarantee liquidity, but never price. A certain sale at an uncertain price. That is the fundamental promise of the Wall Street system to buyers and sellers of securities.  Analysts provide guidance to buyers and sellers about what securities they should buy or sell at what price.  Fund Managers, also known as Institutional Investors, make purchase and sale decisions for investors in their funds.  Additional analysts provide buy and sell opinions to Fund Managers.  Government officials at the state and federal level regulate required and permitted disclosures and communications between issuers and the investing public.  Self-regulating agencies regulate actual trading practices.

This system can appear deceptively simple on the surface, but it is extraordinarily complex, when you get to know how it really works.

Nonetheless, an analogous network of connections needs to be developed for superfiduciaries choosing to go evergreen, the Main Street way.

We see this creating an interesting new role for the university, as a fiduciary space where enterprise can go to present its investment case to prospective superfiduciary investors, and where superfiduciaries can go to examine and make choices about investment cases presented by superfiduciaries.