Scott Chan

How we invest with scale is a compounding idea because as our returns compound, we become larger and larger as an organization.

How we invest with scale is a compounding idea because as our returns compound, we become larger and larger as an organization.

It 100% does. One of the things as I've gotten older that's very important to me is being well rested. Sleep. I need to be mentally sharp. But here's the catch. If Cal State doesn't do well, I might be sleeping on the couch because Heather is a teacher, has been a teacher for over 30 years. And so you talk about alignment of interest. Not only is my wife a teacher, but

It 100% does. One of the things as I've gotten older that's very important to me is being well rested. Sleep. I need to be mentally sharp. But here's the catch. If Cal State doesn't do well, I might be sleeping on the couch because Heather is a teacher, has been a teacher for over 30 years. And so you talk about alignment of interest. Not only is my wife a teacher, but

It 100% does. One of the things as I've gotten older that's very important to me is being well rested. Sleep. I need to be mentally sharp. But here's the catch. If Cal State doesn't do well, I might be sleeping on the couch because Heather is a teacher, has been a teacher for over 30 years. And so you talk about alignment of interest. Not only is my wife a teacher, but

A lot of her friends are teachers and her sister is a teacher as well. So I've got a tremendous alignment of interest around the mission here at CalSTRS.

A lot of her friends are teachers and her sister is a teacher as well. So I've got a tremendous alignment of interest around the mission here at CalSTRS.

A lot of her friends are teachers and her sister is a teacher as well. So I've got a tremendous alignment of interest around the mission here at CalSTRS.

I think it's a blessing and a curse that... So I live in the Bay Area, but I work in West Sacramento. And the blessing is that I have a lot of time in the car. And so I spend a lot of time listening to podcasts and just picking up things. Or I spend the time talking with folks. It gives me time because I'm in the car and driving.

I think it's a blessing and a curse that... So I live in the Bay Area, but I work in West Sacramento. And the blessing is that I have a lot of time in the car. And so I spend a lot of time listening to podcasts and just picking up things. Or I spend the time talking with folks. It gives me time because I'm in the car and driving.

I think it's a blessing and a curse that... So I live in the Bay Area, but I work in West Sacramento. And the blessing is that I have a lot of time in the car. And so I spend a lot of time listening to podcasts and just picking up things. Or I spend the time talking with folks. It gives me time because I'm in the car and driving.

to really focus on on relevant issues and casting a wide net being well read and in my case now i'm listening to a lot of a lot of that on podcasts where i'm listening to it on uh books that uh that i have through audiobooks the seat that i'm in gives me a wide purview of meeting with a lot of our partners.

to really focus on on relevant issues and casting a wide net being well read and in my case now i'm listening to a lot of a lot of that on podcasts where i'm listening to it on uh books that uh that i have through audiobooks the seat that i'm in gives me a wide purview of meeting with a lot of our partners.

to really focus on on relevant issues and casting a wide net being well read and in my case now i'm listening to a lot of a lot of that on podcasts where i'm listening to it on uh books that uh that i have through audiobooks the seat that i'm in gives me a wide purview of meeting with a lot of our partners.

And so I would be remiss if I didn't meet with them at least quarterly and understand some of the brightest minds in the world. Where's capital going? I do that with my team as well. I'm lucky I wake up every day and it's like I love the markets and here it is, I'm in the center of a lot of that surrounded by great minds.

And so I would be remiss if I didn't meet with them at least quarterly and understand some of the brightest minds in the world. Where's capital going? I do that with my team as well. I'm lucky I wake up every day and it's like I love the markets and here it is, I'm in the center of a lot of that surrounded by great minds.

And so I would be remiss if I didn't meet with them at least quarterly and understand some of the brightest minds in the world. Where's capital going? I do that with my team as well. I'm lucky I wake up every day and it's like I love the markets and here it is, I'm in the center of a lot of that surrounded by great minds.

Absolutely. I mean, doing it for a long period of time, I think you recognize where there can be some alignment, misalignment, in terms of what you might be hearing or talking to with partners. But I think over time, too, you develop real relationships, trusted partnerships, where you're removing the incentive just to

Absolutely. I mean, doing it for a long period of time, I think you recognize where there can be some alignment, misalignment, in terms of what you might be hearing or talking to with partners. But I think over time, too, you develop real relationships, trusted partnerships, where you're removing the incentive just to

Absolutely. I mean, doing it for a long period of time, I think you recognize where there can be some alignment, misalignment, in terms of what you might be hearing or talking to with partners. But I think over time, too, you develop real relationships, trusted partnerships, where you're removing the incentive just to