FrontPoint Partners

5 statements across 2 episodes · 0 bullish · 0 bearish · 3 people on the record · first statement Jul 3, 2023 by Vincent Daniel · said 18 times in 2 episodes since 2023 · across every show →

Mentions by year

brought up most by Ted Seides (9), Mike Kelly (5), Vincent Daniel (3), Porter Collins (1)

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Everything said about FrontPoint Partners, oldest first

Jul 3, 2023
What-if
Daniel: FrontPoint's subprime trades would get PMs fired at modern Citadel
“Because I can imagine if someone took what we were doing way back when and put it in a Millennium slash Citadel native IDEO model, we'd probably be fired on the spot.”
Vincent Daniel Jul 3, 2023 ▶ 13:05 Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
Jul 3, 2023
Disclosure
Collins: FrontPoint returned 200% on the subprime short without heavy leverage
“Even on one of the things that we got wrong about the subprime trade is that we didn't put a lot of leverage on it. And that's why we made, what, 200%.”
Porter Collins Jul 3, 2023 ▶ 14:06 Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
Jul 3, 2023
Assertion Not checkable as stated
Collins: FrontPoint risk managers opposed entering the famous subprime short trade
“The extent of the risk management that occurred at Frontpoint, there were two risk managers, lovely guys, but the only thing that they really pushed back against us was on getting in the subprime trade because they said, well, you'll never get out of this thin…”
Porter Collins Jul 3, 2023 ▶ 13:24 Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
Jul 3, 2023
Assertion Not checkable as stated
Collins: FrontPoint anticipated the subprime credit crisis years early
“Everyone likes to talk about the big short trade. We knew this was happening. We'd talked about this for two, three years of waiting for this credit cycle to happen. It was not a surprise to us, and we were really ready for it.”
Porter Collins Jul 3, 2023 ▶ 11:50 Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
Nov 24, 2025 neutral
Insight
Kelly: Investment management failures typically stem from misaligned incentive frameworks
“If you want individuals to act in a way where they are collaborating and working towards a client outcome, you have to appropriately construct those incentives correctly. That's often where in investment management things go awry. So I'm having a problem getti…”
Mike Kelly Nov 24, 2025 ▶ 18:14 Michael Kelly – Democratizing Access to the Middle Market at Future Standard (EP.473)
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