Dan Sundheim of D1 Capital on the art of public market investing

In this interview, Dan Sundheim, a top hedge fund manager at D1 Capital, discusses his investment strategies and experiences with John Collison and Daniel Gross. He shares insights into D1's investment approach, which combines fundamental analysis with a long-term horizon in both public and private markets. Sundheim reflects on past investment mistakes, such as selling Netflix too early, and discusses the challenges of short selling in the age of retail-driven market dynamics, including the GameStop saga. He also touches on the inefficiencies in public markets, his investment in SpaceX, and his firm's move towards private equity, as well as offering advice to aspiring investors, emphasizing the importance of continuous learning and reading.