Chris Hansen - The Long & Short of Investing - [Art of Investing, EP.16]

Our teacher today is Chris Hansen, founder of Long Short Equity investor, Valiant Capital. Chris spun off from his early career at Blue Ridge to start Valiant and pursue his own unique investment thesis. We cover Chris's foray into investing in India, the training, temperament, and overall constitution of a great short seller, and building something that increases your odds of long-term flourishing. He shares his empathetic outlook and the candid behind-the-scenes of short selling. His wisdom and risk tolerance have worked in harmony to help create his recipe for success. Please enjoy this class with Chris Hansen. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club’s tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit joincolossus.com/episodes.  Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to The Art of Investing (00:04:33) The Journey from Blue Ridge to Valiant Capital (00:10:16) The Power of Empathy in Investing and Beyond (00:11:41) An Unconventional Path to Becoming an Investor (00:16:09) The Evolution of Equity and Fixed Income Investing (00:26:27) The Art and Challenge of Short Selling (00:36:59) Unraveling the Complexities of Short Selling (00:43:34) Exploring the Investment Landscape of India (00:51:10) The Cultural and Economic Factors Influencing Indian Investments (00:53:43) The Resilience and Challenges of Emerging Markets (00:58:34) The Evolution of Investing in Privates and Navigating Market Shifts (01:05:53) Valiant's Founding Vision and Building a Unique Investment Firm (01:10:53) Recognizing the Need to Pivot (01:21:22) The Recipe for Valiant's Unique Longevity (01:25:29) Building Flexibility Into the Fabric of Your Firm