Invest Like the Best//Vlad Barbalat
Vlad Barbalat - Investing $120 Billion in Permanent Capital - [Invest Like the Best, EP.479]
Vlad Barbalat explains how Liberty Mutual Investments manages roughly $120 billion of permanent capital across insurance reserves and surplus, using a long-term, liquidity-aware framework rather than market forecasting. He also discusses branded capital, AI, geopolitics, and how his immigrant background shaped his views on risk, entrepreneurship, and continuous improvement.
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