Ryan Corbett, an investment analyst at Brahman Capital Corp (a fundamental long / short equity hedge fund manager with approximately $3.5 billion of assets), visited the Nicholas Center in November to discuss his perspective on public market investing. Ryan spent over an hour talking with our MBA and BBA students in our new Finance and Analytics Lab about his investment framework, how he analyzes companies, and how he assesses and manages risk. Ryan emphasized what to look for in a company (quality of the business, the earnings and the management), what to look for in a stock (a variant perception – i.e., a perspective that is different than the accepted market view) and situations that give rise to market opportunities (e.g., forced sales, short-termism, laziness / momentum).
Ryan’s fund Brahman Capital Corp. was founded in 1987 with a focus on investing behind world-class CEOs in investment-quality businesses at attractive multiples of free cash flow. Prior to joining Brahman, Ryan was an analyst at King Street Capital Management, a $20 billion alternative asset manager investing across the capital structure. Ryan started his career in the Investment Banking division of Morgan Stanley after graduating from the Wharton School of the University of Pennsylvania, magna cum laude, in 2011.