Transcript
Introduction
Patrick
My guest today is Eric Mandelblatt, founder and CIO of Soroban Capital, a $10 billion investment firm. While many of my conversations focus on technology and emerging industries, Eric has deep roots investing in the industrial economy, which made this conversation a fun change of pace. We discussed why energy and materials represent such a small share of the market today, how the global push towards decarbonization could have massive impacts on the industrial economy moving forward, and how Eric evaluates this dynamic opportunity set. Please enjoy this deep dive discussion with Eric Mandelblatt.
Quick editor's note before the episode. This conversation was recorded on February 15th, before last week's invasion of Ukraine.
Eric's Background and Soroban's Portfolio
Patrick
Eric, since this conversation's going to be in incredible depth about industrials specifically, and a huge set of themes that you and the firm have been working on for a long time, I think it is really appropriate to set the stage a little bit. Normally I'd handle background information and the introductions. I'm the kind of person that skips the childhood in section of biographies. But in this particular case, it's a big and fairly new topic for us. So, I think the background of where you're coming from is really important. So, maybe you can give us the thumbnail sketch of Soroban's history and why you are the right person to be talking to about this big theme.