Chris Heller

11 statements across 2 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Mar 24, 2022 by Chris Heller · across every show →

On the record as a speaker too: Chris Heller's record, appearances and statements → this page counts the times other people say the name.

Everything said about Chris Heller, oldest first

Mar 24, 2022
Disclosure
Heller: Cordillera requires viable exit markets to exist at underwriting
“When we underwrite a deal, we have to know exactly that there's a viable market to exit that deal today. It can't be, hey, look, this is a great idea. Let's invest in it now and figure out if five years, six years down the road, something will develop to sell …”
Chris Heller Mar 24, 2022 ▶ 33:29 Chris Heller - Weird Alternatives at Cordillera Investment Partners (Manager Meetings, EP.28)
Mar 24, 2022 bearish
Insight
Heller: Litigation investments take far longer to liquidate than anticipated
“Like, I think the big takeaway, whenever somebody asks me, because we've done lots of things in litigation, what is your takeaway? It's that they take forever. And it takes way longer, no matter where you are in that space. It just generally takes longer to ge…”
Chris Heller Mar 24, 2022 ▶ 37:07 Chris Heller - Weird Alternatives at Cordillera Investment Partners (Manager Meetings, EP.28)
Mar 24, 2022 neutral
Insight
Heller: Niche strategies covered in books or blogs are likely too crowded
“I think the moment there's a book or a blog about something we're doing, it's likely not for us.”
Chris Heller Mar 24, 2022 ▶ 45:28 Chris Heller - Weird Alternatives at Cordillera Investment Partners (Manager Meetings, EP.28)
Dec 2, 2024
Opinion
Heller: Most PE firms lack time to source and structure niche assets
“I mean, we have to spend a lot of time to find these things. We have to spend a lot of time to structure these things. We have to spend a lot of time to understand these things. And I think it's something that a lot of other Private equity firms, asset manager…”
Chris Heller Dec 2, 2024 ▶ 9:17 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024 positive
Insight
Heller: If a business is easy, others will arbitrage the opportunity away
“If you start something that's easy, other people will come quickly and arbit away. The struggle is the moat. It is what keeps the value in whatever you've started.”
Chris Heller Dec 2, 2024 ▶ 49:00 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024
Insight
Siloed deal sourcing fails when investing across disparate niche alternative assets
“It's not like we can send people off in their own little silos to go find deals and come back and put them in the portfolio because they're so disparate and so different.”
Chris Heller Dec 2, 2024 ▶ 51:02 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024 positive
Insight
Heller: Initial work product quality strongly predicts management's execution success
“The quality of a work product that comes out of an individual or a group is highly correlated With their success executing whatever they're going to do.”
Chris Heller Dec 2, 2024 ▶ 25:09 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024 positive
Insight
The best operators always leave behind an easily discoverable wake of superfans
“The best people in the world in any industry always leave behind a wake of superfans. People that just love them, are shouting from the rooftops about them, and it's not hard to find them. When you have to really search to find someone to give a reference, or …”
Chris Heller Dec 2, 2024 ▶ 24:41 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024
Disclosure
Only one of Cordillera's initial 300 target LPs invested at launch
“Of that list, I think it was close to 300, one of those people actually invested in our business.”
Chris Heller Dec 2, 2024 ▶ 45:14 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024 positive
Insight
Heller: Niche alternatives exploit the gap between perceived and actual risk
“And I think our original supposition and now bolstered by 10 years of being in this business is that that's not actually the case. Now, there are absolutely risky things in this niche space, and there are lots of things that you don't want to invest in, but wh…”
Chris Heller Dec 2, 2024 ▶ 10:26 Chris Heller - Ten Years of Weird Alternatives (EP.420)
Dec 2, 2024 negative
Insight
Intellectual thinkers who espouse compelling theses often cannot run operating businesses
“Sometimes these deep philosophical thinkers are not always the right people to run business. They can usually espouse a really interesting view, but they can't run businesses.”
Chris Heller Dec 2, 2024 ▶ 27:36 Chris Heller - Ten Years of Weird Alternatives (EP.420)
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