Eddie Ramos discusses how AI, private markets, and geopolitics are reshaping investing and corporate governance. The conversation explores tokenization, audit committee oversight of AI, and why boards remain under prepared for the pace of technological change.
(0:00) Intro
(1:24) About the podcast sponsor: The American College of Governance Counsel
(2:11) Start of interview *reference to the BRI from LCDA
(3:54) Eddie's origin story
(6:27) Eddie's investment focus
(7:44) The rise of AI and its impact on him
(9:06) Eddie’s roles in investment over the past 35 years (as GP and LP).
(8:32) His current endeavors: 1) Board member in mutual funds (Calvert Funds); 2) Independent director and Chair elect of Global X Venture Fund; 3) Chief Strategy Officer at Leadview Capital; and 4) Advisor at Bullpen.ai
(19:38) Dealing with AI hallucinations (e.g. Sullivan & Cromwell example)
(23:13) Convergence of AI, ESG, and Governance: "It's dramatic"
(25:00) "Stocks will be tokenized, markets will be much more liquid." "Wall street is trying to put liquid claims on illiquid investments" *WSJ Nasdaq's Plan for 24/7 Tokenized Stock Trading
(31:20) Geopolitical Challenges in Investing and for Boards. *Example of Meta-Manus breakup. "We live in a selectively connected world."
(34:00) Politicization and social issues in corporations. Board Adaptation to Rapid Changes
(38:19) AI and Audit Committee Responsibilities
(40:30) Bridging the AI Knowledge Gap "Boards are under prepared." *References to Stanford GSB cases: Netflix Approach to Governance and the Artificially Intelligent Boardroom
(46:10) Changing Dynamics in Board Practices. "It's a matter of time before companies like SAP or Microsoft move into corporate auditing, or Amazon starts offering mutual funds. The incumbents just don't see it coming."
(47:10) Power Laws and Growth in Private Markets.
(50:31) Books that have greatly influenced his life:
(52:56) His mentors.
(53:56) Quotes that he thinks of often or lives her life by: "Prioritize by impact" "Recognize the good in everyone"
(55:10) An unusual habit or an absurd thing that he loves: obsession with curating music playlists.
(55:06) The living person he most admires: Bono and Bad Bunny.
Eddie Ramos is the Chief Strategy Officer for Leadview Capital. He is also currently on the board of Morgan Stanley’s Calvert Mutual Funds and Global X Venture Fund, serving as the Chairman of the Audit Committee for both.