# E404: Why This Billionaire Family Office Doesn't Rebalance Its Portfolio | Pincus Family CIO

Page: https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713/e404-why-this-billionaire-family-office-doesn-t-rebalance-its-portfolio-pincus-family-cio
Text version: https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713/e404-why-this-billionaire-family-office-doesn-t-rebalance-its-portfolio-pincus-family-cio.md
Podcast: [How I Invest with David Weisburd](https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713)
Published: 2026-07-17T12:45:00+00:00
Episode link: https://howiinvestpodcast.com/episodes/NZBsWU0CSnb
Audio file: https://dts.podtrac.com/redirect.mp3/media.podcastai.com/episodes/NZBsWU0CSnb.mp3?u=1784245262
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Duration seconds: 2980

## Resource

Most investors obsess over pre-tax returns. Scott Abookire argues they're measuring the wrong thing. As Chief Investment Officer of Pincus Capital, Scott oversees globally diversified public and private portfolios for multi-generational families. In this conversation, he explains why after-tax returns are the metric that truly matters, why he abandoned the traditional endowment model, and how sophisticated family offices think about risk, liquidity, and long-term compounding. Scott also shares the portfolio framework Pincus uses to manage drawdowns, why governance matters more than forecasts, and how the best investors stay disciplined when markets become emotional.

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## Transcript

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