Kelly Granat - Investing At Lone Pine

(00:00:00) Welcome to Invest Like the Best (00:04:29) Market Structure Evolution (00:07:09)The Impact of Passive Investing (00:08:51) Collaboration & Team Dynamics (00:12:18) Excitement in Periods of Extreme Change (00:12:51) The Role of Competition & Curiosity (00:20:30) Fundamental Research & Data Integration (00:26:04) Investment Philosophy (00:34:01) People-Centric Investing (00:40:54) Succession Planning (00:48:02) Facing the Pressure of Early Success (00:49:01) Burnout & Rediscovery (00:55:38) Learning from Industry Leaders (00:56:34) Evaluating Talent and Competition (01:09:59) Lessons in Investment (01:25:57) The Kindest Thing Anyone Has Ever Done For Kelly My guest today is Kelly Granat. Kelly is the Co-Chief Investment Officer and Managing Director at Lone Pine Capital, one of the most storied and successful hedge fund and investment firms of the last several decades. We explore how investing has evolved since Kelly joined the industry and she shares insights into Lone Pine maintaining its edge through deep fundamental research and a collaborative culture. We discuss what makes great businesses and great investments, how leadership can transform companies, and Kelly’s perspective on evaluating management teams and identifying opportunities around corporate change that the market often misprices. Please enjoy my conversation with Kelly Granat. Presented by Ramp: https://ramp.com/business-cards?utm_s... Sponsored by AlphaSense and Ridgeline: https://www.alpha-sense.com/invest/ https://www.ridgelineapps.com/ https://joincolossus.com/series/inves.... Full Transcript and Show Notes: https://joincolossus.com/episode/inve... Patrick O'Shaughnessy: https://x.com/patrick_oshag