Keri Findley, founder of Thiel-Backed fund Tacora Capital, shares a rare glimpse into her life and career: her path to Wall Street, eventually becoming one of the youngest partners at hedge fund Third Point while building its structured credit business from scratch, founding Tacora Capital with Peter Thiel anchoring the first fund as his biggest check ever.

Along with wild success comes a target on your back and Keri reflects on difficult moments of litigation, divorce, and betrayal that ultimately informed her outlook on life. She pulls back the curtain on Wall Street: big wins, pressure, risk, and competition. We discuss venture credit, what contrarian investing actually looks like, the AI boom, today's tumultuous private credit markets, and what it means to be a high-ethics person in business.

TIMESTAMPS:

00:00 – From Columbia grad to Third Point partner: building a trading desk at 25

03:30 – Discovering Wall Street by accident and landing at Morgan Stanley

06:00 – The 2008 financial crisis and making her first high-stakes trades

10:00 – Hedge fund life: massive trades, pressure, and doubling money in mortgage bonds

14:00 – Wall Street rivalries and the fallout with Morgan Stanley 18:00 – The Bloomberg article

22:00 – Calling Alex Spiro and discovering the investigation might not exist

24:00 – Peter Thiel offering to fund the entire first fund and founding Tacora Capital

36:00 – Silicon Valley venture capital, AI hype, and herd mentality in investing

46:00 – The dark side of startups: unethical founder behavior and financial fraud

55:00 – Carrie’s advice to her 21-year-old self: resilience, integrity, and ignoring titles