Going Long Podcast: Mark Wiseman on Long-term Capital in Short-term Systems

Описание: On this episode of the Going Long Podcast, Sarah Williamson welcomes Mark Wiseman, co-founder of FCLTGlobal and currently a Senior Advisor and Chairman of Lazard Canada. Wiseman unpacks why long-term capital is still up against short-term limitations, how private markets and geopolitical risk are reshaping portfolios, and what today’s investors must understand to build durable value in an increasingly unstable world.

Topics Include:

[00:01:00] Why FCLTGlobal Was Created Almost a Decade Ago: How the global financial crisis triggered recognition that short-term market behavior was structurally misaligned with long-term savers.
[00:02:30] The Core Mismatch Between Savers and Markets: Why individuals save for decades while institutional capital and corporate decisions operate on quarterly timeframes, and how this gap drives short-termism.
[00:08:00] Private Markets: Long-Term Solution or New Risk? How private equity and infrastructure enable longer-term decision-making — and how liquidity innovations are starting to make private markets behave more like public ones.
[00:21:00] Governance, Culture, and the Cost of Short-Term Thinking: The dangers of a “trading mentality” — and why long-term investing requires tolerance for underperformance.
[00:33:40] Geopolitics, AI, and the Next Era of Investment Risk: Why geopolitical risk has become central to long-term investing, and how AI and critical resource scarcity could reshape value creation over the next two decades.