Sublime

Spent 7 hours researching a true master of small cap private equity: - 586 transactions - Acquire $1 million to $10 million EBITDA companies - Average deal $12 million - 72% IRR - 7x cash on cash returns He had two rare public appearanc... See more

In it’s heyday, Goldman’s special situations group was the navy SEALs of money making. Today’s guest, Alan Waxman, used to run that group before leaving to build Sixth Street, now a $115b behemoth. SSG heads were sometimes of the more brainy, nerdy variety. Not Waxman. He is a force of nature and energy who apparently w... See more

Imagine being in your early 30s, starting a private equity fund and raising $450 million as your first fund. All this with no prior track record and without your rich father or uncle. Years later, you own 90 companies, have $147 billion in AUM, your EBITDA is growing at 15% year-over-year, a... See more

Eric Mandelblatt started Soroban Capital at 35 with $500M and built it into a $10B fund over 15 years. He has compounded at a 21% CAGR since inception, and is an expert at investing in cyclical stocks most investors won’t touch. Let's dive into his investment strategy + story:

New writeup is out! Portfolio Update: Top 5 Positions Going into 2024 • Focus on cash flows in anticipation of a low growth economy • Concentrating more towards highest conviction positions • Underweight US stocks • Overweight Emerging Markets and China___LINEBR... See more