Value Hive Podcast Dan McMurtrie: Research Process, Inverted Shorts & Post-Consciousness
Celsius: From Short Thesis To Long
- Dan describes buying Celsius because the short thesis had become obsolete and the market ignored the changed facts.
- He used that inverted-short logic to turn a previously successful short narrative into a long position.
Use Small Starter Positions For Binary Events
- Start small on speculative events and scale position after the event when downside shrinks.
- Structure trades so you can add size once uncertainty resolves.
Protect Team Psychology And Process
- Avoid ideas that will put your team on emotional tilt or that create persistent distraction.
- Preserve process over chasing any single trade, because process is the engine of returns.
This week we chat with Dan McMurtrie, co-founder and Portfolio Manager of Tyro Partners. Tyro manages assets for Institutions and High Net Worth Individuals. We utilize a deep dive research process focused on evaluating the secular trends and supply chains driving Technology, Healthcare, Industrial, and Consumer markets.
Today Dan joins The Hive for a three-hour podcast with topics ranging from post-consciousness, Maslow's Hierarchy of Needs, Fad Investing, and Lessons For Emerging Managers.
Dan is a fantastic investor and an even better human. I hope you listen to the show in its entirety as Dan continually drops knowledge bombs about life as an emerging manager.
If you don't already, please follow Dan on Twitter @SuperMugatu. Also, if you're interested in Dan's firm Tyro Partners, check them out here.
This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR
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