Reade Griffith

9 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Oct 17, 2022 by Reade Griffith · said 1 times in 1 episodes since 2017 · across every show →

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

Mentions by year

brought up most by Kip McDaniel (1)

mentionsepisodesper episode tap a year for its mentions

2017 1 mention in 1 episode

Kip McDaniel – CIO Whisperer (Capital Allocators, EP.20) Aug 7, 2017 · 1 mention · from 1:04:27
every mention in 2017, scene by scene →

every mention, scene by scene, with the transcript →

Everything said about Reade Griffith, oldest first

Oct 17, 2022

Insight

Griffith: Public market investing requires operating with imperfect information and frequent mistakes

“As a private market investor, you get, at least in your starting gun, you have near perfect information, all the data about the business, you get inside, you can do your surveys of what other competitors are doing, and really make a very educated decision at t…”

Reade Griffith Oct 17, 2022 ▶ 21:08 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022

Assertion Partly supported

Griffith: Citadel Grew from Under $1B to $8B During His Tenure

“We'd gone from less than a billion to eight billion at this time. Sidville was now one of the biggest hedge funds in the world.”

Reade Griffith Oct 17, 2022 ▶ 16:17 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022

Insight

Griffith: Macro drivers cannot be separated from corporate investing in Europe

“Europe, you have not been able to strip the macro from the micro because the macro has been driving the micro for much of the last two decades. In the U.S. It's been much less so.”

Reade Griffith Oct 17, 2022 ▶ 25:29 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022 neutral

Assertion Partly supported

Griffith: Citadel had under $1B and was smaller than Baker Nye in 1999

“When I went, they were just Approaching a billion. So they were no bigger than Baker and I. In fact, Baker and I was bigger at the time.”

Reade Griffith Oct 17, 2022 ▶ 15:07 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022 positive

Insight

Griffith: Military Intelligence Source-Tracing Is Invaluable in Financial Markets

“A lot of time was spent trying to make sure that the information you had was a unique source, and it wasn't just a confirmatory thing, that you're getting the same thing reported through different sources that ultimately lead to the same place, and you're real…”

Reade Griffith Oct 17, 2022 ▶ 8:04 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022 neutral

Disclosure

Griffith: Tetragon makes only small allocations to evaluate external managers

“We don't do much investing with other managers. It tends to be very small amounts, but it's just to really get to know them better and to learn about the industry better.”

Reade Griffith Oct 17, 2022 ▶ 37:56 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022 neutral

Disclosure

Griffith: Tetragon seeds new strategy teams internally before raising LP capital

“Then we tend to hire people and build a team, often investing our own capital in the beginning, helping get them going. And then when we think that the team is there and the infrastructure is there and it's oven ready, we then take it to investors with our own…”

Reade Griffith Oct 17, 2022 ▶ 38:27 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022

Insight

Griffith: Selling early-stage businesses within five years sacrifices value before liftoff

“The first five years, you're much more valuable to the business Then they are to you. If you have to sell it at that point, you're never going to get the value. It's just about to take off.”

Reade Griffith Oct 17, 2022 ▶ 50:29 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Oct 17, 2022 positive

Assertion Supported

Griffith: Tetragon delivered roughly 12% net NAV compounding over 15 public years

“We have compounded the NAV of the firm in a very consistent way over the 15 years we've been public with very low volatility. Now, our goal was to do 10 to 15% net after our fees to investors. I think we've done about 12, and the volatility has been quite low”

Reade Griffith Oct 17, 2022 ▶ 51:30 Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276)

Reade Griffith

Mentions by year

Everything said about Reade Griffith, oldest first

Turn any episode into a week of clips.