Steven Grey: The Hedge Fund Manager Who Reads 400 Pages a Day

In this episode of The Blunt Dollar, I sit down with Steven Grey, founder and managing principal of Grey Value Management, where he oversees the Grey Value Opportunity Fund.

Steven’s career spans hedge funds, family offices, and global micro investing, and includes a stint launching Albright Capital with former Secretary of State Madeleine Albright. But beyond the accolades, Steven is a fiercely independent thinker who dives deeper into company research than most of Wall Street combined.

We dig into what separates real investing from the illusion of it, why discipline and character still matter more than AI, and how storytelling and judgment shape markets far more than numbers alone.

Here’s what we cover:

📚 Why curiosity, not credentials, is the true edge in investing
💼 How Steven’s 200-400 hours per company research process works
🔍 The underrated role of judgment, ethics, and liberal arts in finance
🧠 What he learned from Madeleine Albright, Jim Rogers, and a lifetime of doing the work
📉 Why investors should always ask, “What am I missing?”,and how that question built his track record

If you're into deep research, contrarian investing, and philosophy-driven capital allocation, this one's for you.

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Enjoy the episode!

Disclaimer: This podcast is for informational and educational purposes only. It does not constitute financial, investment, or legal advice. Listeners should consult a qualified financial professional before making any financial decisions.