Hinton Rose Recommends...

Subtitle

Welcome to the first of a regular series of finance related resources compiled by Hinton Rose, a leading search firm in the hedge fund sector. It is designed to help you keep up to date with the latest information as well as learn about classics you may not have heard of before – all in one place!

Hinton Rose

Mark Collins

Articles

It is always interesting to get a take from a non-financial newspaper. Here, The Guardian is torn between love and hate for one of the industry’s most successful activist investors and Extinction Rebellion donors:

The very private life of Sir Chris Hohn - the man paid £1m a day | Business | The Guardian

A slightly different takeaway from the GameStop saga:

https://citronresearch.com/wp-content/uploads/2021/02/Esports-Entertainment-Group-Why-Gamestop-Needs-to-buy-GMBL.pdf

This FT longread is the most complete analysis of the Greensill debacle we have come across:

https://www.ft.com/content/7e79117f-cbf5-4765-82ca-7e8f1fb5915b

 

Podcasts

An often overlooked source for podcasts is the companies themselves. Over the last year or so many financial institutions have recorded a number of excellent ones. They have the advantage of access to some interesting professionals that would otherwise be difficult to find on a commercial podcast (also great preparation should you be interviewing at any of these institutions).

One of our clients at JP Morgan Asset Management was part of a very insightful episode helping define private and opportunistic credit before outlining opportunities in distressed credit amid the COVID-19 crisis (June 2020):

Opportunities in distressed credit amid the COVID-19 crisis | J.P. Morgan Asset Management

Barings: Streaming Income – interview style with leading members of the Barings team:

https://soundcloud.com/barings/distressed-debt-the-opportunities-surfacing-in-covids-wake

Oaktree Capital: if you can’t be bothered to read the memos listen instead:

The Rewind - You Can't Predict. You Can Prepare. (oaktreecapital.com)

HPSCast – there are a lot of interesting ones on here. Given the continued growth of private debt this one with is of particular interest and suggests how trends may continue within the space:

https://the-hpscast.simplecast.com/episodes/sebastian-schroff-global-head-of-private-debt-at-allianz

But there is a non-finance one that you might enjoy, especially if you are a fan of Brooklyn Nine-Nine and Parks and Recreation:

https://the-hpscast.simplecast.com/episodes/dan-goor-writer-co-creator-of-brooklyn-nine-nine

 

Twitter accounts worth a follow

@John_Hempton - Another loser shorting the stonk bubble

@muddywatersre - Activist short seller

@Carl_C_Icahn - Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.

@WarrenBuffett - Chairman and CEO of Berkshire Hathaway

@valuewalk - Everything hedge funds & value investing since 2011

@manualofideas - Community of intelligent investors united by a passion for lifelong learning

 

Book of the Month

We have found ourselves getting busier in the equity event driven/merger arbitrage sector recently. This always reminds us of an interesting book by Lars Kroijer. It tells the story of setting up (and closing) his hedge fund, Holte Capital. It is a light read but important in helping shine a light on the personal experience of hedge fund entrepreneurship:

Money Mavericks : Confessions of a Hedge Fund Manager: Lars Kroijer: 9780273772507: hive.co.uk