Why Billionaires Quietly Abandoned 60/40

With David Weisburd, Scott Abu Khair · Sunday, July 19, 2026

This episode features Scott Abu Khair, CIO of Pinkus Capital Management, who discusses the complexities of calculating after-tax returns and how traditional investment models fail taxable investors. He outlines Pinkus Capital's unique dynamic asset allocation framework, which prioritizes dollar-term risk management and unfunded commitment controls, while emphasizing the importance of long-term relationships and the ability to selectively say 'no' to opportunities.

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Key takeaways

Pinkus Capital Management, under CIO Scott Abu Khair, rejects arbitrary strategic asset allocation targets common in the endowment model, instead simplifying asset classes to "growth, diversifiers, and deflation hedging." Read more →
Scott Abu Khair, CIO of Pinkus Capital Management, frames the ability to strategically say 'no' as a core competitive advantage, stemming from an unwavering commitment to long-term duration and relationship compounding. Read more →

2 articles from this episode

Pinkus Capital: Dollar-Term Risk Beats Rebalancing for Taxable Wealth

Scott Abu Khair reveals Pinkus Capital's dynamic allocation framework, moving past endowment models to manage dollar liabilities and illiquid commitments.

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Pinkus Capital's 'No': How Relationship Duration Outweighs Multi-Million Deals

Scott Abu Khair of Pinkus Capital details how strategic 'no's and deep, decade-long relationships create a compounding edge, signaling a shift in how sophisticated allocators secure proprietary deal flow in competitive markets.