Isaac Corre
5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Oct 16, 2023 by Isaac Corre · across every show →
On the record as a speaker too: Isaac Corre's record, appearances and statements → this page counts the times other people say the name.
Everything said about Isaac Corre, oldest first
Oct 16, 2023 positive
Corre: 1999 Was the Most Golden Year for Merger Arbitrage
“I think what had happened was in 1998, there were a lot of catastrophic merger breaks. A lot of folks had left the strategy. So the imbalance between the capital demands for the arbitrageur services and the actual amount of arbitrage capital was out of whack. …”
Oct 16, 2023 neutral
Corre: Event-driven investing now requires fundamental analysis, not just event dynamics
“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…”
Oct 16, 2023 positive
Corre: Offsetting alpha shorts with longs clarifies portfolio construction and alpha attribution
“We do alpha shorting, and when we do alpha shorting, we buy things long against it for the same reason. It's much cleaner from a portfolio construction perspective. It's also much cleaner from judging the quality of the position and the alpha generation of the…”
Oct 16, 2023 negative
Corre: Multiples Are Merely Cash Flow Proxies, Not Standalone Buy/Sell Signals
“I think people fetishize multiples. And so often you hear people tell you, oh, the multiple is so low, we should be long, or the multiple is so high, we should be short. And multiples are a very reasonable proxy for the market's estimate of the net present val…”
Oct 16, 2023 neutral
Corre: Giant position sizes force funds to miss lucrative smaller alpha
“So if you're looking for a 102 hundred million dollar positions, you're really missing out on some really interesting opportunities. And I used to complain that we can't bend down to pick up five million dollars. And sometimes when you bend down to pick up fiv…”