On this episode of Iconoclast, Co-CEO of Ariel Investments and CEO of Ariel Alternatives Mellody Hobson sat down with Forbes Editor-At-Large Maneet Ahuja to discuss her firm’s “actively patient” investment strategy. Hobson discusses the strategic launch of Project Level, a specialized $1 billion fund targeting women’s sports assets, and the upcoming opening of the Lucas Museum of Narrative Art.

00:00 The Power Of A Blank Page
02:15 Why Mellody Embraces Misunderstood Markets
04:36 Scaling “The Essential Supply Chain” Of Small Cap Companies
08:05 The Financial Flywheel Of Women’s Sports
15:32 How Ariel Spots Contrarian Pockets
21:19 Mellody’s View On Her Husband’s Work On The Lucas Museum
24:28 Navigating Market Rollercoasters

Read the full story on Forbes: https://www.forbes.com/sites/maneetahuja/2026/05/22/new-billionaire-david-beckham-on-his-family-and-legacy/

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