Dec 27, 2022
This week, we’re counting down the top 5 episodes of 2022.
Coming in at number 4 is Rob Citrone - Emerging Markets, hedge
funds, and staying in the game.
Rob is the Founder of Discovery Capital Management, a $2 billion
global hedge fund investing across equities, fixed income,
currencies, and rates with a focus on emerging markets. Rob is one
of the longest-standing managers in the space and the largest
investor in his fund. He trained under Julian Robertson in the
heyday of Tiger Management in the mid-90s before launching
Discovery in 1999. Since then, the firm grew to a peak of $15
billion in assets and despite the subsequent reduction in AUM, he
and his team of 42 are still going strong.
Our conversation dives into Rob’s background, lessons he learned
from Fidelity, Julian Robertson, and George Soros, and the launch
of Discovery. We discuss his investment strategy, research process,
perspective on markets around the world, ups and downs in the
business, and managing an organization through change.
Rob doesn’t often share his insights in the public forum, so it was
a real treat to get inside the mind of one of the best in the