After his graduation from Stanford, Laurie R. Hoagland Jr. began an investment career that would see him achieve remarkable success resulting from his many years of investment experience, beginning with his work as a stock investor with his own company, Anderson, Hoagland and Company, followed by his becoming the President and CEO of the Stanford Management Company at Stanford University, and eventually leading to his becoming the Chief Investment Officer of the multi-billion dollar Hewlett Foundation. It is important to note that if a person were to aspire to achieve even minimal success in the investments world, and Laurie, of course, achieved outstanding success, that person would have to be very well-acquainted with many financial terms and concepts, including hedge funds, diversification, venture capital investments, asset allocation policies, risk and return strategies, distressed investments, and absolute return arbitrage strategies. Laurance “Laurie” Hoagland has been favorably compared to Warren Buffett in the investment world, indeed, some have called him “the other sage of Omaha,” reflecting his remarkable success in the endowment and foundation field. Recently, he chaired the Board of the Commonfund, and he currently serves on the board or investment committee of seven endowed foundations and universities.
Laurie passed away in 2022 at the age of 85.