Adrian Meli – Active Equity Excellence at Eagle (EP.459)

In this episode of Capital Allocators, Ted Seides interviews Adrian Meli, Co-Chief Investment Officer of Eagle Capital Management, about his journey into investing, from his childhood fascination with finding value to his transition from the hedge fund world to a long-only strategy. Adrian discusses his rationale for moving towards long-only, building a team of like-minded analysts, identifying a right to win, researching non-consensus ideas, and constructing a portfolio. They explore the challenges of active management, the growing inefficiencies in public markets, and current and potential future investment opportunities, including insights on fund flows and contrarian opportunities.