Build It. They'll Come. cover image

Build It. They'll Come.

Long & Short fund manager John Hempton knows HOW to admit when he’s wrong. The maverick investor prides himself on being unconventional.

Aug 9, 2020
John Hempton, the Chief Investment Officer and Co-Founder of Bronte Capital, is a maverick investor known for unearthing corporate fraud. He shares insights into his unconventional investment strategies and the challenges of the 10-year bull market. Hempton emphasizes the value of mentorship and seeks quality businesses while discussing key indicators of fraud. He also offers unexpected investing tips for young investors, advocating for early career guidance from good bosses and the importance of thinking independently in a competitive landscape.
01:08:30

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • John Hempton emphasizes the importance of shorting underperforming stocks to focus on higher-quality investments for better portfolio balance.
  • He discusses the implications of a winner-takes-all economy, noting its effects on market diversity and economic inequality.

Deep dives

Investment Strategy and Shorting

John Hempton outlines his investment strategy, which focuses on shorting poorly-performing stocks, which he refers to as 'crummy stocks'. This approach allows him to allocate funds toward higher-quality investments, often referred to as top-drawer shares. He emphasizes the importance of identifying small but critical components of larger industries that have the potential for significant returns. By doing so, Hempton believes investors can achieve a balance in their portfolios that maximizes returns while minimizing risk.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode