# Inside a Hedge Fund Manager’s Mind: Risk, Shorts and Absolute Returns | Paisa Vaisa

Page: https://stenobird.com/podcast/paisa-vaisa-with-anupam-gupta-1043050/inside-a-hedge-fund-manager-s-mind-risk-shorts-and-absolute-returns-paisa-vaisa
Text version: https://stenobird.com/podcast/paisa-vaisa-with-anupam-gupta-1043050/inside-a-hedge-fund-manager-s-mind-risk-shorts-and-absolute-returns-paisa-vaisa.md
Podcast: [Paisa Vaisa with Anupam Gupta](https://stenobird.com/podcast/paisa-vaisa-with-anupam-gupta-1043050)
Published: 2026-07-13T00:30:00+00:00
Episode link: https://omny.fm/shows/paisa-vaisa-with-anupam-gupta/inside-a-hedge-fund-manager-s-mind-risk-shorts-and-absolute-returns-paisa-vaisa
Audio file: https://traffic.omny.fm/d/clips/e0dce4b3-2eb8-48cb-822c-af1d00e03e20/b3d9fccc-662e-4aa7-a14a-af4e0097d44b/1c5426c7-0d0f-407b-b06f-b48501340c63/audio.mp3?utm_source=Podcast&in_playlist=e2ba1850-2b92-4a77-b08f-af4e0097d46c
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Duration seconds: 2528

## Resource

Traditional long-only investing is generally focused on finding securities that can increase in value. A hedge fund manager must also search for risks, weaknesses and opportunities on the short side. In this episode of Paisa Vaisa , we explore long–short and absolute-return investing from an Indian-market perspective. The conversation explains what hedge fund managers do, why they are “paid to be paranoid,” and how short positions can help express a negative market view or manage portfolio risk. We also examine the tortoise-versus-hare approach to investing: progressing steadily, avoiding damaging losses and focusing on consistency instead of chasing spectacular short-term returns. At the heart of the discussion is a simple philosophy take care of risk first, and allow returns to become a byproduct of disciplined decision-making. A useful introduction to hedge funds, short selling, market objectivity and professional risk management. From decoding your personal finances to demystifying business models, Paisa Vaisa delivers candid, insightful, and jargon-free conversations. Listen on Spotify, Apple Podcasts, Amazon Music, JioSaavn, Gaana & more Watch full episodes right here on YouTube Explore more at ivmpodcasts.com Connect with Anupam Gupta: Twitter: @b50 Instagram: @b_50 LinkedIn: Anupam Gupta Follow IVM Podcasts We’re @ivmpodcasts on Facebook, Twitter & Instagram See omnystudio.com/listener for privacy information.

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## Transcript

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