48 min

21 | Matthew Ruber, Melding the Quantitative and the Qualitative Compounding Curiosity

    • Investing

My guest today is Matthew Ruber. Matthew is the founder of Enlihtan Capital Management. At Enlihtan, Matthew employs a research-intensive "bottom up" selection process, in order to find excellent businesses at prices which represent excellent business sense. Before Enlihtan, Matthew was a senior trader with Macquarie Bank in Australia and Hong Kong. And then successfully ran a multi-strategy proprietary trading business for CLSA in Hong Kong, focusing on merger arbitrage, volatility trading and value-based special situations. 
 
In this conversation, we cover how he melds Quantitative and Qualitative characteristics when finding investments, asking the right questions of your investments, and some stories and lessons from AGM’s.
Super fun and varied one today, I know I learned a tonne so I hope you do to. So please enjoy my conversation with Matthew Ruber.
 
For the full show notes, transcript, and links to mentioned content, check out the episode page on  https://compoundingpodcast.com/ep21 
 
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Show Notes:
[00:00:45] - [First question] - Most surprising thing about running your own fund?
[00:05:10] - Matthew’s quant background
[00:08:06] - What led Matthew to qualitative investing?
[00:11:24] - Matthew’s scorecard changes
[00:14:04] - Do you push back against a scorecard?
[00:16:08] - Lessons from AGM’s
[00:22:36] - Why move from Quantitative to Qualitative?
[00:24:26] - Approaching volatility after being a quant
[00:29:02] - Any aspects of investing that come easily to Matthew?
[00:33:20] - Why start your own fund?
[00:41:31] - Life outside investing?
[00:43:01] - Most undervalued life experience?
[00:44:56] - Influential books or resources?
 
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Connect with Matthew:
Enlihtan’s Website: http://www.enlihtan.com/ 
Connect with Matthew on LinkedIn: https://www.linkedin.com/in/matthew-ruber-09ab5338/ 
 
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Stay up to date with the podcast by signing up to the Compounding Curiosity Substack, where I’ll email you when the latest episode comes out along with my summary and takeaways, links to mentioned content, graphics and the transcript. Sign up at https://compoundingcuriosity.substack.com/ 
 
------
 
Connect with Kalani:
Visit the Compounding Curiosity PODCAST: https://CompoundingPodcast.com/ 
Visit the Compounding Curiosity SUBSTACK: https://compoundingcuriosity.substack.com/ 
Follow Kalani Scarrott on TWITTER: https://twitter.com/ScarrottKalani/ 
Sign up for Allocators Asia: https://KalaniS.substack.com/ 
Join the DISCORD: https://discord.gg/NPVNPVsCYb 

My guest today is Matthew Ruber. Matthew is the founder of Enlihtan Capital Management. At Enlihtan, Matthew employs a research-intensive "bottom up" selection process, in order to find excellent businesses at prices which represent excellent business sense. Before Enlihtan, Matthew was a senior trader with Macquarie Bank in Australia and Hong Kong. And then successfully ran a multi-strategy proprietary trading business for CLSA in Hong Kong, focusing on merger arbitrage, volatility trading and value-based special situations. 
 
In this conversation, we cover how he melds Quantitative and Qualitative characteristics when finding investments, asking the right questions of your investments, and some stories and lessons from AGM’s.
Super fun and varied one today, I know I learned a tonne so I hope you do to. So please enjoy my conversation with Matthew Ruber.
 
For the full show notes, transcript, and links to mentioned content, check out the episode page on  https://compoundingpodcast.com/ep21 
 
------
 
Show Notes:
[00:00:45] - [First question] - Most surprising thing about running your own fund?
[00:05:10] - Matthew’s quant background
[00:08:06] - What led Matthew to qualitative investing?
[00:11:24] - Matthew’s scorecard changes
[00:14:04] - Do you push back against a scorecard?
[00:16:08] - Lessons from AGM’s
[00:22:36] - Why move from Quantitative to Qualitative?
[00:24:26] - Approaching volatility after being a quant
[00:29:02] - Any aspects of investing that come easily to Matthew?
[00:33:20] - Why start your own fund?
[00:41:31] - Life outside investing?
[00:43:01] - Most undervalued life experience?
[00:44:56] - Influential books or resources?
 
------
 
Connect with Matthew:
Enlihtan’s Website: http://www.enlihtan.com/ 
Connect with Matthew on LinkedIn: https://www.linkedin.com/in/matthew-ruber-09ab5338/ 
 
------
 
Stay up to date with the podcast by signing up to the Compounding Curiosity Substack, where I’ll email you when the latest episode comes out along with my summary and takeaways, links to mentioned content, graphics and the transcript. Sign up at https://compoundingcuriosity.substack.com/ 
 
------
 
Connect with Kalani:
Visit the Compounding Curiosity PODCAST: https://CompoundingPodcast.com/ 
Visit the Compounding Curiosity SUBSTACK: https://compoundingcuriosity.substack.com/ 
Follow Kalani Scarrott on TWITTER: https://twitter.com/ScarrottKalani/ 
Sign up for Allocators Asia: https://KalaniS.substack.com/ 
Join the DISCORD: https://discord.gg/NPVNPVsCYb 

48 min