In the third and final keynote speech, COMAC Capital founder and CIO Colm O’Shea gave a frank, personal and thought-provoking insight into his approach to building a stable and growing business, his views on team-building and avoiding hubris as a manager, and his own approach to macro investing.
The address, delivered by O’Shea with refreshing warmth and good humour, went down well with an audience clearly keen to hear what he had to say.
That O’Shea was a major attraction should come as no surprise. Having built his reputation as a portfolio manager at Balyasny and Soros — where he worked on the famed Quantum Fund with George Soros and Stanley Druckenmiller, after being a senior fixed-income prop trader at Citigroup — O’Shea set up on his own and launched the COMAC Global Macro Fund in 2006.
Over the course of the financial crisis and through...