Kelly Granat - Investing At Lone Pine

In this episode of Invest Like The Best, Patrick O'Shaughnessy interviews Kelly, Co-CIO at Lone Pine Capital, about the evolving landscape of investing, contrasting it with the past, and delving into Lone Pine's investment strategies, risk management, and team dynamics. Kelly shares insights on market structure changes, the impact of passive investing and event-driven trading, and the firm's approach to fundamental research, portfolio construction, and risk assessment. The conversation explores the firm's investment philosophy, views on AI, and the importance of leadership and culture in driving business success. Kelly also discusses the firm's succession planning and her personal journey in the investment world, including formative experiences and the importance of relationships.