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Real Vision: Finance & Investing

My Life in 4 Trades - You Can’t Control Events, but You Can Profit From Them

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 3 December 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

Harris “Kuppy” Kupperman, the founder and chief investment officer of Praetorian Capital and the author of the “Adventures in Capitalism” blog, has been investing for more than two decades. You don’t survive that long in financial markets without accruing some success. Kuppy joins Maggie Lake to discuss his approach to trend-following and event-driven investing, with illustrations from the early days of COVID-19 about minimizing risk and maximizing profit. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Shopify.

0:03.0

That's what I hear when I make another sale on Shopify.

0:07.0

The all-in-one commerce platform that allows you to start, run and grow your business.

0:12.0

Shopify is revolutionising millions of businesses worldwide.

0:17.0

So sign up for a £1 per month trial period at Shopify.co.uk

0:23.0

Ask podcast 23 all lowercase and take your business to the next level today.

0:35.0

Part of the game is failing and you can get a stockpick wrong whatever that happens all the time.

0:41.0

But I think you have to fail epically a few times at this business.

0:44.0

You have to really get hurt badly and question what your career looks like and why are you doing this thing you're doing.

0:52.0

Then show up the next morning and lose another 5 or 10% over and over and over again.

0:57.0

Hi everyone, welcome to another edition of My Life in 4 Trades.

1:01.0

Joining me today is Harris Coppermint, the founder and CIO of Plutorian Capital.

1:06.0

Enjoy the conversation.

1:11.0

Hi Harris, welcome to My Life in 4 Trades.

1:15.0

Hey Maggie, thanks for having me on. I appreciate it.

1:18.0

So it is our tradition before we jump into the actual trades just to get a little bit of information about your background.

1:25.0

So where did you grow up and what were the early years like for you?

1:29.0

I grew up in Long Island.

1:32.0

My early years were in Long Island, I guess, which is probably the most boring place on earth.

1:38.0

Is it pretty much my parents told me if I got myself into a good boarding school they'd pay for it.

1:45.0

And so I applied to every boarding school ever when I was 14 because I wanted to leave Long Island.

1:51.0

And I actually got into quite a few of them and I ended up going to Phillips and over.

...

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