Baker: For an unlevered long book under 100%, short alpha is irrelevant
Gavin Baker · Gavin Baker – Truth-Seeking and Crossover Investing at Atreides (EP.489) · Mar 2, 2026 · at 48:06
Gavin Baker, CIO of Atreides Management, discusses portfolio construction and the role of short selling with Ted Seides.
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“If you're going to run with an unlevered long book under a hundred, then short alpha is irrelevant. All that matters is your shorts must make money. Full stop.”
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