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Conversations with Tyler
Conversations with Tyler

Gaurav Kapadia on New York City, Investing, and Contemporary Art

Dec 10, 2025 · 59m

<p class="MsoNormal"><span style="font-size: 12pt;">Help us keep the conversations going in 2026. <a href= "https://mercatus.donorsupport.co/page/cowenconvos26?utm_source=podcast&utm_medium=shownotes&utm_campaign=eoy26"> Donate</a> to Conversations with Tyler today.</span></p> <p class="MsoNormal"><span style= "font-family: 'Times New Roman', serif;">Gaurav Kapadia has deliberately avoided publicity throughout his career in investing, which makes this conversation a rare window into how he thinks. He now runs XN, a firm built around concentrated bets on a small number of companies with long holding periods. However, his education in judgment began much earlier, in a two-family …

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