When it comes to investing, there are many strategies that can be employed to achieve success. One of these is event-driven investing. At its core, this type of investing focuses on capitalizing on idiosyncratic corporate events and taking advantage of catalysts that can move stock prices.
In today’s episode, Rusty and Robyn talk with Yoav Sharon, Portfolio Manager at Driehaus Capital Management. Yoav has been in the investment management industry for more than 16 years. Prior to joining Driehaus Capital Management in 2012, he was a senior analyst and trader at Peak6 Investments. In his current role, Yoav is responsible for idea generation, portfolio construction, security selection, and investment research.
Yoav talks with Rusty and Robyn about what event-driven investing is, what the three different strategies within event-driven investing are, and how this differs from other alternative investments.
Key Takeaways
[03:16] - An overview of Yoav’s journey into investment management and what he does at Driehaus Capital Management.
[04:17] - What is event-driven investing?
[05:22] - The three different strategies within event-driven investing.
[09:12] - How Yoav allocates assets based on event-driven investing strategies.
[10:59] - What sets event-driven investing apart from other alternative investments.
[12:23] - What relative volatility looks like compared to the overall stock market.
[14:02] - How investors utilize event-driven investing strategies.
[16:05] - Yoav's personal investment strategy.
[17:35] - How Yoav put event-driven investing into practice.
[20:58] - How M&A has gone so far this year.
[22:55] - His views on the future of the credit markets.
[26:28] - What makes a good investment manager.
[28:27] - How Yoav maintains his physical and mental health to perform at a high level.
Quotes
[20:32] - "Everything we're doing is trying to laser focus on finding events that are going to unlock value. And during periods of market turbulence, instability, or uncertainty, we tend to really focus even more on hard catalysts and events that are near term in nature so that we can insulate ourselves even more from market turmoil." - Yoav Sharon
Links
Yoav Sharon on LinkedIn
Driehaus Capital Management
Driehaus Capital Management on Twitter
Gimme Shelter by The Rolling Stone
Kellogg School of Management
Northwestern University
Nasdaq
PEAK6
EconTalk Podcast
Dan Carlin’s Hard Core History
Connect with our hosts
Rusty Vanneman
Robyn Murray
Subscribe and stay in touch
Apple Podcasts
Spotify
Google Podcasts
0582-OPS-4/7/2022
