Hedge Funds: If your CEO is waxing philosophical at Davos, it might be time to drop them like it’s hot
 As stated by contemporary philosopher and 21st century artist Cordozar Calvin Broadus, Jr. better known as “Snoop Dogg”
By and large, many investors consume droves of material written by authors on a deadline. What’s more, this comes at the expense of reading books. Aware of this paradox, our remedy is to present three favorite authors Bill Thorndike, Nassim Taleb and the late Barton Biggs along with a shared abhorrence – the World Economic Forum’s (WEF) annual meeting; Davos.
 Thorndike’s tome celebrates unconventional CEOs that engineered shareholder value through superior capital allocation in effect enacting publicly traded LBOs (Prudent use of leverage, scarce equity offerings and disciplined M&A with shareholder value as scorecard)
The Mentor vs The Apprentice
No one knows how to dig out jewels and reposition a business via accretive, bolt-on M&A like Colin Day who led strategic repositioning at Reckitt Benckiser (“RB”) as a hands-on CFO far more than most appreciate. Moreover, a high conviction investor could have accrued gains as large as 1000% in RB during Colin’s tenure – under the aegis of Bart Becht. Today, Colin is the CEO of Essentra plc (fka Filtrona) and serves as a reminder of the dangers of subconsciously dismissing underlings, namely strategic CFOs.
 Aided by leveraging equity options
The Dream Team
In September 2000, Colin Day joined RB, a consumer products conglomerate, and together with Bart Becht racked up an enviable track record of capital allocation and a rousing share price appreciation.
 Includes the likes of Durex condoms, cleaning agensts Harpix & Dettol along with various OTC drugs
 During Colin’s intial month shares traded at low ~800p to £34.39
#portfolio #hedgefunds #publicmarkets
A secular grower business /multi-bagger that falls under the Horse framework from Blue Ridge.
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“One of the greatest things I did for the human race was not to become a doctor”
-Carl C. Icahn
As post-grads, my friend Nathan and I share our ideas about where we’re headed in life. We stumbled across an invisible force that leads our generation.
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Someone wise once said, as a tech. investor, our playbook is to first de-risk platform obsolescence and then execute on the complexity arbitrage (buy complexity and sell clarity).
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In grad school, there are students who get job offers early on and there are those who don’t. This past recruiting season was brutal. Likening my experience to the first four minutes of Quantum of Solace does it no justice. At least not to James Bond anyway.
Continue reading “Three Ways to Not Get Hired”
There are kids that are cool and generally liked. I was not one of them. I had a dream, this fantasy of being an elected leader – and the other kids thought that was really weird. Consequently, they didn’t vote for me.
Continue reading “If You’re Going Through Hell, Keep Going.”