Hey guys! This week we have a special guest: Nikhil Shamapant. Most of you know him as "Squish" on Twitter. Nikhil is an internal medicine intern at the University of Colorado and somehow he has time to both study internal medicine and write 77 page reports on Ethereum and opine on investment and market philosophy. We discussed a lot of things: his investment journey and how his investment process has evolved, learning how to reason, Ethereum and the Crypto space, Web 3.0, investments philosophies, focusing on high convexity investment theses, and the some parallels that exist between internal medicine and investing
[0:00] Who is Nikhil Shamapant?
[3:00] Idea generation: Finding 10x Ideas
[14:00] What is sequence risk?
[22:00] Investing in Uranium
[30:00] Pattern Recognition: Learning How to Reason
[47:00] Receiving Feedback
[53:00] Edge: Know the Game You are Playing
[1:00:00] Parallels between Medicine and Investing
[1:18:00] Nikhil's day to day routine: Invest in Convexity
[1:37:00] Ethereum 101
[1:46:00] How to value Ethereum?
[1:58:00] How would Crypto affect the Healthcare Industry?
[2:05:00] More from NIkhil and closing questions.
If you like what you heard, please give Nikhil Shamapant a follow on Twitter here. Also, check out his Substack here.
Also big thanks to the following sponsors for making the podcast a reality!
Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se
If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best.
I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.
This episode is brought to you by MIT Investment Management Company -- also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers.
For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more.