
Jonathan Tepper, founder of Prevatt Capital and author, discusses his new book "Shooting Up," a memoir about his childhood in Madrid, where his parents ran a drug rehabilitation center. Tepper reflects on how experiencing loss at a young age shaped his serious, studious nature and influenced his academic drive. He also shares insights into his investment philosophy, which focuses on companies with limited competition and strong free cash flow. Tepper touches on his firm's investment in online platforms like Booking.com and CarGurus, emphasizing the importance of identifying companies with good capital allocation and the ability to generate value, even during market downturns. He also addresses the potential impact of AI on various industries and the importance of humility in investing.
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