Fund Intelligence
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Fund Intelligence
Short primer on biotech stock analysis
Biotech investing has a reputation for being exciting — and brutal. The upside is obvious: one big drug approval can send a stock up 50–100% in a single day. But the path there is littered with failure. Roughly 90% of drugs that enter clinical testing never make it to market.
Fund Intelligence
Dissecting 1,000+ public equity funds: lessons for job seekers and investors
In tech, people like to highlight “ex-Google” or “ex-Meta.” The buy-side works the same way. If you want to understand a fund, look at where the key person (the founders and the Director of Research, sometimes that’s the same person) came from. That usually gets you 80–90% of
Fund Intelligence
How Hedge Funds Fail
Hedge funds fail all the time, yet they often slip beneath the radar of public awareness. It's only the colossal failures that grab the headlines. This is precisely the reason why deeply understanding what you are signing up for is paramount in building a long-term career in public
How to Build Moats in a Hedge Fund Business?
This idea occurred to me during one of my “wisdom walks”: Why not apply the 7 Power framework to the hedge fund industry? In this article, I will discuss how a hedge fund can successfully build moats in this ultra-competitive and fragile sector and what paths a start-up hedge fund
Multi-managers 101
What is a multi-manager? A multi-manager ("MM") hedge fund is an investment firm consisting of many portfolio managers (PMs) managing portfolios autonomously. Each portfolio is referred to as a "pod", where PMs have complete discretion on how to construct their portfolio and have minimal interaction with
Coatue Management's TMT investing lessons
Before the proliferation of podcasts, hedge funds operated under a veil of secrecy. However, Coatue Management's insights into technology, media, and telecommunications (TMT) investing have been accessible for a long time thanks to Philippe Laffont and Chief Marketing Officer David Scully's teaching roles at MIT, Philippe’
2024 Sohn Conference Summary
Summary: 1. The first two morning presenters pitched Canadian companies, and the third presenter was Canadian. This could be coincidental, but it might tell you something about the valuation of the current U.S. equity market. 2. Two presenters pitched the same long idea within the aircraft parts industry. Looks
What hedge funds don't tell you
Ever wondered what really goes on behind the scenes at hedge funds? From the power plays of capital allocation to the high-stakes drama of co-founder clashes, whispers of insider trading, the cutthroat world of fund management, and the reasons top talent walk away—get ready for some eye-opening insights!
UPenn (incl. Wharton)
107 public equity funds founded or have key person (eg. CIO) who are Upenn/Wharton-educated —undergrad, MBA, or other advanced degrees. This list will be updated when there are notable fund closures or new launches. Updated as of 8/21/2025
Williams College
14 public equity funds founded or have key person (eg. CIO) who are Williams College-educated —undergrad, MBA, or other advanced degrees. This list will be updated when there are notable fund closures or new launches. Updated as of 8/25/2025
Fund Intelligence
MIT
18 public equity funds founded or have key person (eg. CIO) who are MIT-educated —undergrad, MBA, or other advanced degrees. This list will be updated when there are notable fund closures or new launches. Updated as of 8/25/2025