Dec 28, 2022
This week, we’re counting down the
top 5 episodes of 2022.
Weighing in at number 3 is Paul Enright - Inside Long Short
investing. Paul is a private investor managing his own capital
under single-family office, Krainos Capital. Paul opened Krainos
after a dozen years at Viking Global Investors, the multi-billion
dollar long-short equity hedge fund that also has been one of the
most successful breeding grounds for talent in the industry. He has
a deep understanding of intricacies of long-short equity investing
and a knack for explaining it well.
Our conversation covers Paul’s career path to Viking, training
while there, and advice to early-career investors. We dive into the
distinction between business analysis and stock picking, and the
importance of portfolio management to investment success. In the
process, we discuss liquidity, shorting, portfolio rebalancing,
incentive compensation, and market structure. We close with Paul’s
approach to managing his own money and his answers to a terrific
set of questions sourced from his Twitter feed before the
show.
Learn More
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