Capital Allocators – Inside the Institutional Investment Industry #4: Yen Liow – The Quest for the Right Tail at Aravt Global, EP.188
Dec 27, 2021
Yen Liow, Founder and Managing Partner of Aravt Global, shares his investment journey from Ziff Brothers Investments to his own firm. He discusses the intricacies of long-short strategies, emphasizing the art of short selling and the significance of portfolio construction. Yen highlights three 'right tail' strategies for long positions and the importance of navigating market inefficiencies. With insights about cultivating a winning mindset and the challenges of volatility, this conversation is a treasure trove for public equity enthusiasts.
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Investment Approach at Aravt Global
- Yen Liow’s investment approach at Aravt Global involves three right tail strategies for long positions and an art to short selling.
- The discussion also covers portfolio construction, game selection, and drivers of success in public equity investing.
Yen's Early Business Interest
- Yen Liow developed a fascination with business as a teenager, marveling at wealth creation.
- Starting with manual labor and early investments, he later worked at Bain & Company before entering the investing world at Ziff Brothers Investments.
ZBI's Culture and Training
- Ziff Brothers Investments (ZBI) prioritized people, processes, and training, emphasizing a culture of continuous improvement.
- They exposed employees to prominent investors like Steve Mandel and Jim Chanos, offering a unique learning experience.
