Capital Allocators – Inside the Institutional Investment Industry Adam Karr – Extreme Alignment at Orbis (EP.338)
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Sep 14, 2023 In this engaging conversation, Adam Karr, President and Portfolio Manager at Orbis, shares insights from his unique journey in global equity management. He discusses Orbis' innovative fee structures, including performance rebates that align interests with clients. Adam reveals their long-term investment philosophy and the use of analyst shadow portfolios to enhance decision-making. He also touches on the importance of cultivating talent and personal growth, all while emphasizing the joys of life outside the financial realm.
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Early Inspiration
- Adam Karr's interest in investing began in middle school while helping his grandfather, a janitor at a savings and loan.
- He discovered the Wall Street Journal and watched Wall Street Week, sparking his curiosity.
Nontraditional Path
- Karr's path to a career started with the military, but an officer suggested college after a high ASVAB score.
- He attended Northwestern on an ROTC scholarship and discovered SEO, which led him to DLJ.
Wall Street & HBS
- The movie Wall Street inspired Karr to work on Wall Street, leading him to apply to HBS at 19.
- He split his summer between Orbis and a turnaround firm but ultimately chose private equity.