War Stories over Board Games
In our newly launched series, finance’s legendary personalities reveal their greatest war stories — while going head-to-head with Institutional Investor over the game of their choice.
By The Editors
Peter Lynch vs. Faye Dunaway's Hemline
Famed mutual fund manager Peter Lynch details how he was certain on a dressmaker's stock -- until he was blindsided by Bonnie and Clyde.
Other Videos in the Series
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Series 8:24
Inside the Walls of Bridgewater …
Inside the Walls of Bridgewater Associates
8:24 | September 19, 2017
Video Series: Part 21 - War Stories Over Board Games
The memo from hell. The tragedy of mankind. Conflict as curiosity. Voting by credibility. Radical openness. Having to borrow $4,000 from Dad. Welcome inside the mind of Ray Dalio, the man who built …
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Series 4:01
How to Start a Banking Business …
How to Start a Banking Business During a Financial Catastrophe
4:01 | September 14, 2017
Video Series: Part 20 - War Stories Over Board Games
When Ken Moelis started his own firm, Moelis & Co., in the boom days of 2006, he had the heady optimism of a first-time entrepreneur. Little did he know that some of his colleagues thought he might …
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Series
Snipers & Hedge Funds
Snipers & Hedge Funds
| September 06, 2017
Video Series: Part 19 - War Stories Over Board Games
Polygon founder Reade Griffith explains how his experience fighting in the First Gulf War prepared him for the rigors of maneuvering global financial markets. Hint: War makes financial crisis a lot …
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Series 5:10
Master of the Universe, Twice
Master of the Universe, Twice
5:10 | July 19, 2017
Video Series: Part 18 - War Stories Over Board Games
J. Tomilson Hill was a Wall Street M&A kingpin, featured in Barbarians at the Gate and rumored to be an inspiration for Tom Wolfe’s Bonfire of the Vanities. Then, in a career 180, he joined …
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Series 5:38
Over Uno, Citadel’s Griffin Reveals …
Over Uno, Citadel’s Griffin Reveals His Mistakes of 2008
5:38 | July 05, 2017
Video Series: Part 17 - War Stories Over Board Games
Ken Griffin, who started hedge fund firm Citadel when he was 22, discusses how he felt in 2008 when everything he had built was at risk. Although CNBC had parked a van outside his Chicago …
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Series 4.52
Trump’s Banker Talks
Trump’s Banker Talks
4.52 | July 12, 2017
Video Series: Part 17 - War Stories Over Board Games
Ken Moelis was a banker for Donald Trump “during the Taj Mahal troubles,” he says. When negotiating the banker’s fee, the two were $1 million apart. Trump’s solution: flip a coin for it. Find out who …
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Series 4:53
Could Hellman & Friedman Have …
Could Hellman & Friedman Have Survived as Friedman and Hellman?
4:53 | June 21, 2017
Video Series: Part 16 - War Stories Over Board Games
Tully Friedman, co-founder of legendary private equity firm Hellman & Friedman, plays Liar’s Dice for War Stories over Board Games. The managing partner of FFL Partners shares the bold question he …
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Series 5:09
War Stories: How Kravis, …
War Stories: How Kravis, Wasserstein, and Rohatyn Got Outsmarted on RJR Nabisco
5:09 | June 28, 2017
Video Series: Part 16 - War Stories Over Board Games
Ex-corporate raider Josh Gotbaum looks back on his days as a young banker at Lazard, revealing how Henry Kravis’s KKR gained the confidence and hard-to-get information to start a bidding war for RJR …
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Series 4:51
Present at the Creation: Don Marron …
Present at the Creation: Don Marron Builds PaineWebber
4:51 | June 14, 2017
Video Series: Part 15 - War Stories Over Board Games
Don Marron brought presidential advisors like Henry Kissinger, Otto Eckstein, and Bill Moyers directly to big investors and built the first big data firm—in 1968.
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Series 5:38
Hollywood Snakes on Wall Street …
Hollywood Snakes on Wall Street Ladders
5:38 | June 07, 2017
Video Series: Part 14 - War Stories over Board Games
Ex-corporate raider Josh Gotbaum joins War Stories Over Board Games, and reveals the late-night phone call that took him to Hollywood, made Gotbaum the guru of ‘Greed Is Good’ — and risked his …
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Series 4:55
The Bond King Speaks
The Bond King Speaks
4:55 | May 11, 2017
Video Series: Part 13 - War Stories over Board Games
Janus’ Bill Gross basically invented active bond management. Here, he explains how.
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Series 5:31
John Gutfreund Takes Some Blood
John Gutfreund Takes Some Blood
5:31 | June 01, 2017
Video Series: Part 13 - War Stories over Board Games
Tully Friedman, ex-Saloman Brothers partner, co-founder of Hellman & Friedman, and Managing Partner of FFL Partners tells of a “rough and tough” John Gutfreund – and how the boss once “took some …
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Series 5:47
Now playing
Peter Lynch vs. Faye …
Peter Lynch vs. Faye Dunaway's Hemline
5:47 | May 03, 2017
Video Series: Part 12 - War Stories over Board Games
Famed mutual fund manager Peter Lynch details how he was certain on a dressmaker's stock -- until he was blindsided by Bonnie and Clyde.
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Series 4:53
The Man Who Sold KKR its First Deal
The Man Who Sold KKR its First Deal
4:53 | April 26, 2017
Video Series: Part 11 - War Stories over Board Games
GAMCO’s Mario Gabelli on how he benefited from KKR’s first acquisition -- and how he thanked Henry Kravis and the firm with the smallest ad he could buy in the Wall Street Journal.
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Series 5:10
How Bill Gross and Warren Buffett …
How Bill Gross and Warren Buffett (Almost) Saved America
5:10 | April 20, 2017
Video Series: Part 10 - War Stories over Board Games
Janus’ Bill Gross takes Institutional Investor inside the walls of his old firm, PIMCO, as the financial crisis descended – and tells how they and Warren Buffett were hours away from (maybe) saving …
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Series 4:44
'There's This Guy in California …
'There's This Guy in California Called Milken'
4:44 | April 12, 2017
Video Series: Part 9 - War Stories over Board Games
Oaktree's Howard Marks on the call that changed his life.
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Series 4:17
“Best Case: I Get Fired:” War …
“Best Case: I Get Fired:” War Stories
4:17 | April 05, 2017
Video Series: Part 8 - War Stories over Board Games
“We weren’t evil, but we were dumb—and we should reimburse our clients”: A showdown at the Smith Barney corral, in the words of Sallie Krawcheck.
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Series 4:54
How to Tell Your Boss You Lost 22% …
How to Tell Your Boss You Lost 22% in One Day
4:54 | March 15, 2017
Video Series: Part 7 - War Stories over Board Games
No internet, no cell phone, just sporadic news of a stock market collapse: Texas Teachers’ Britt Harris reveals what is was like to be a 28-year old pension manager on October 19, 1987.
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Series 5:20
'They Were Like Gods'
'They Were Like Gods'
5:20 | March 08, 2017
Video Series: Part 6 - War Stories over Board Games
Kepos Capital's Mark Carhart recalls the fraught atmosphere of 1998, when the seemingly infallible Long Term Capital Management blew up spectacularly – and nearly took down global capital markets.
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Series 4:10
From Lehman’s Ashes Rises Neuberger …
From Lehman’s Ashes Rises Neuberger Berman
4:10 | March 01, 2017
Video Series: Part 5 - War Stories over Board Games
In September 2008, Wall Street was crumbling. George H. Walker, then the investment management chief at Lehman Brothers, had one job: to save Neuberger Berman, which Lehman had purchased in 2003. …
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Series 6:11
Inside Washington's …
Inside Washington's In-House Private Equity Firm
6:11 | March 22, 2017
Video Series: Part 4 - War Stories over Board Games
David Rubenstein's Carlyle Group raised immense amounts of capital on the back of its famous board members. Then, the co-founder recounts, it made a lot of money for its investors.
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Series 6:57
How Henry Kravis Raised KKR's First …
How Henry Kravis Raised KKR's First Dollar
6:57 | February 22, 2017
Video Series: Part 4 - War Stories over Board Games
The inside story of how Henry Kravis and his partners started Kohlberg Kravis Roberts — plus the only mistake the private equity legend has ever made twice.
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Series 4:46
'I Thought Schwarzman Was Going to …
'I Thought Schwarzman Was Going to Fire Us'
4:46 | February 15, 2017
Video Series: Part 3 - War Stories over Board Games
The inside story of how GSO's Bennett Goodman — whose firm had just been acquired by Stephen Schwarzman's private equity behemoth Blackstone — survived the financial crisis of 2008.
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Series 4:11
Howard Marks Confronts the Nightmare
Howard Marks Confronts the Nightmare
4:11 | February 08, 2017
Video Series: Part 2 - War Stories over Board Games
Being a contrarian has been essential to the Oaktree Capital co-chairman’s investing success — but the financial crisis put him through the ultimate test.
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Series 1:31
Sneak Peek: Inside the 2008 …
Sneak Peek: Inside the 2008 Financial Crisis with Howard Marks
1:31 | January 10, 2017
Video Series: Part 1 - War Stories over Board Games
Here’s what investing bigwig Howard Marks has to say about the 2008 collapse of the world economy. Watch the full video on February 8.