Paul Enright - Inside Long-Short Equity Investing (Capital Allocators, EP.266)

Paul Enright 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.
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Original Publish Date: 8/15/2022

[@bianpeter6466]

Hi I am attracted to your channel through a transcript in chinese. I found most of your interview is concentrated on Private equity side rather than Hedge fund. May I learn will you do more Hedge fund interviews?

[@capitalallocatorspodcast]

Hi Bian - thanks for following the podcast. We've done a number of hedge fund interviews and suggest exploring our library from our website. This link searches our library for hedge fund manager interviews: capitalallocators.com/podcast/?filterwp=10784&episode_topic_3=Hedge+Fund&role_4=Manager