Brian Higgins
The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Brian Higgins embodies The Navigator through continuous course-correction rather than static conviction. The King Street Capital Management co-founder converts adversarial short positions into long-term holdings only after exhaustive reconnaissance, treating knowledge as risk reduction within what he calls a moving picture.
“All works out, but I think it's really the sophistication and innovative nature of, let's say, security design has been enabled to have the flexibility of capital that has been transformative, certainly for the U.S. cap markets and then finds its way into other markets. But it enables people, say, traffickers in tragedy.”
“Know 5, 10, 20 is these traditional data centers air cooled. And so as Wayne Gretzky used to say, I skate where the puck is going to be. And the chips are all about we need liquid cooling. Also, as we look to satisfy the future, which will be inference versus the LLM, the big training models. There will be a need for the data center.”
“However, we then said, wow, this data center business is going to have legs for quite some time. We looked at the hyperscale business, insanely competitive and said, okay, can't make a mark or find an edge there. And that's when we came up with Colivore, which was selling itself. They have been doing liquid cooling for 13 years.”
“Know, it sounds like an old cranky old guy, but when you, you know, that's the challenge of prosperity. That it doesn't really prepare oneself. Investors too, right? You know, if you always have the Fed put, if you always have, you know, just QE forever.”
Masters in Business: “King Street's Brian Higgins On Navigating Distressed Markets”
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