New Cambridge Conversations Episode— Finding Value Early: Investing, Manager Selection, and the Discipline of Recognition

Published on July 27, 2026

Our latest Cambridge Conversations episode explores a simple but important question: How do you recognize quality before it becomes obvious to everyone else?

 

Featuring John W. Rogers Jr., Chairman and Co-CEO of Ariel Investments, and Jasmine N. Richards, Head of Diverse Manager Investing at Cambridge Associates, the conversation covers value investing in practice, why patience and conviction still matter, and how investors and allocators can recognize quality beyond the usual patterns.

 

They also explore the importance of broadening access, developing talent early, and building the kind of judgment that leads to better long-term outcomes. You can listen here, on Apple Podcasts, or on Spotify.

 

Upcoming episodes include topics on healthcare, the Benchmark Fund I, secondaries, and more. Past episodes have been on non-profits arts institutions and governance, portfolio discipline, legacy, co-investments, and climate investing.

Other news

Should Investors Continue to Underweight the US Dollar Relative to Other Major Currencies?

July 20, 2026
Yes. We continue to expect the US dollar to weaken relative to other major currencies over the next several years. The dollar remains expensive by historical standards, and over multi-year horizons that starting valuation has usually mattered more than the shorter-term narratives that can keep currencies misaligned for a time. Recently, these narratives have included the Iran War and US artificial