Keep pulling the thread on Steve Rattner.
Steve Rattner believes China is currently the most exciting major investment market in the world.
China's public markets are the cheapest major market in the world, especially relative to growth.
Willett Advisors supplements its external manager portfolio with a significant direct private equity investing program in corporate assets, real estate, and oil and gas.
Willett Advisors is significantly underweight in its allocation to Europe due to unattractive economic fundamentals.
Willett Advisors aims to be more concentrated in its manager selection, as over-diversification can lead to mean reversion and negate the benefits of active management.
Building a quality venture capital portfolio has been the most challenging area for Willett Advisors since its inception due to the difficulty of accessing top-quartile managers.
Steve Rattner believes his money is on China to outperform India economically, despite political preferences for democracy.
China's strategic plan, "Made in China 2025," demonstrates the country's ability to focus its resources to achieve economic and industrial goals.
Steve Rattner aligns with Milton Friedman's view that the primary responsibility of a public company is to maximize shareholder value, while operating legally and ethically.
The number of bills passed by the U.S. Congress has steadily dropped to an all-time low, reflecting increasing political gridlock.
Steve Rattner predicts there will be a shakeout in the hedge fund industry, making it a tougher business in the future.
The Obama administration's successful restructuring of the automobile industry was viewed internally as a financial restructuring job, not an operational one.