A
Andrew Redleaf
Co-Founder of Deephaven Capital Management
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Sep 17, 2026
14. Guest Lecture by Andrew Redleaf
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25:41
25:58
26:22
26:48
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25:11speaker_7ADVERTISER
Find fall your way at Ross.

Andrew RedleafGUEST
Between coupon clippers, people that are interested in cash flow and taking in cash flow, and what I would call security resellers, people that own things that they intend to sell to somebody in the future at a higher price.

Andrew RedleafGUEST
There are successful coupon clippers and there are successful securities resellers and they tend to make their money off of the unsuccessful people in the other class.

Andrew RedleafGUEST
We try to be, I think sort of investing is about clipping coupons, about getting about getting cash flow and controlling cash flow, but there are good resellers.

Andrew RedleafGUEST
The best venture capitalists don't just have great ideas or whatever, but they take an idea, They advance it a little bit and then they sex it up and promote it and have a good sense for what the public will buy and they get a nice valuation from the public.

Andrew RedleafGUEST
I think that's at least as much a distinguishing feature between good venture capitalists among each other than the quality of their ideas.
37 MINS LATER
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63:51speaker_10UNKNOWN
I was wondering how you feel