Luis Laboy
Director of public equities, Hewlett Foundation (as introduced on this podcast)
“You would most likely say an emerging market, but it's not today. It describes any market that's out there.”
“And when you move over to the LP side, you make many less decisions and you go much deeper in terms of analysis.”
“And there it was, reducing some of the value managers that we had in the book, transitioning into a more quality, compounding portfolio that was becoming more prevalent at the time.”
“We learned early on the mix of explore versus exploit exploit means we have this set of managers and we want to maximize the return of those. And that's the portfolio construction side. But at the same time, you constantly need a certain velocity of new ideas into the book.”
“We've put together what we call as a kill list for every manager in our book. We have what we call kill lists and key debates.”
Luis Laboy
One-line summary: Podcast / speaker: public-equity allocator on LP vs GP cadence, explore/exploit roster design, and manager kill lists. Process claims only — no Hewlett ticker, no live trade.
What they're known for
Public-equity allocator at the Hewlett Foundation (as introduced on this podcast). Former EM direct investor; the extractable claims are LP vs GP cadence, COVID-era roster tilt toward quality/compounding as a process story, explore/exploit, and manager kill lists.
Why they matter to stock-market
Allocator craft next to other investor-process sources. No Hewlett ticker, no Japan trade, no mechanism. COVID value-manager reduction is historical process, not a live book.
Said
Speaker-attributed claims extracted from diarized sources. Each bullet mirrors one entry in quotes: frontmatter — keep them in sync.
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On (no topic linked):
"You would most likely say an emerging market, but it's not today. It describes any market that's out there." — 2026-07-20-podcast-capital-allocators-senior-decision-makers-luis-laboy (2026-07-20)
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On (no topic linked):
"And when you move over to the LP side, you make many less decisions and you go much deeper in terms of analysis." — 2026-07-20-podcast-capital-allocators-senior-decision-makers-luis-laboy (2026-07-20)
-
On (no topic linked):
"And there it was, reducing some of the value managers that we had in the book, transitioning into a more quality, compounding portfolio that was becoming more prevalent at the time." — 2026-07-20-podcast-capital-allocators-senior-decision-makers-luis-laboy (2026-07-20)
-
On (no topic linked):
"We learned early on the mix of explore versus exploit exploit means we have this set of managers and we want to maximize the return of those. And that's the portfolio construction side. But at the same time, you constantly need a certain velocity of new ideas into the book." — 2026-07-20-podcast-capital-allocators-senior-decision-makers-luis-laboy (2026-07-20)
-
On (no topic linked):
"We've put together what we call as a kill list for every manager in our book. We have what we call kill lists and key debates." — 2026-07-20-podcast-capital-allocators-senior-decision-makers-luis-laboy (2026-07-20)