Event Driven Investing

“Now, I think partially because of the rise of passive and quant, partially because the Darwinian process has weeded out a lot of the alpha donors, it's not as simple as that anymore. You have to be much more focused on both the event dynamics, but also the fun…”

“When you're an event driven investor, you're short volatility. Volatile events makes events take longer. It reduces the probability of certain events happening.”