David Werdiger

Often families, having realised in whole or in part, the value of their investment in a successful family enterprise, seek to invest in new entrepreneurial endeavours. In this presentation, David discusses: * How important is “entrepreneurial risk” as an investment category? * Asset allocation strategy vs opportunistic investing * In-sourcing vs outsourcing * Managing your involvement in business * Family members as venture capitalists: Managing relationship risks

* Redefining family legacy to achieve both wealth creation and social value * Understanding entrepreneurial risk to build a sustainable and secure investment portfolio * Managing the new forms of risk in a family office context

We don’t really have any control over whether we have grandchildren and we have even less control over whether those grandchildren are Jewish. In this ELI Talk, David recounts a conversation with a friend at shul that spurred his thoughts over what we do actually have control about when it comes to grandchildren and Jewish continuity.