Views filter criteria I added a field to content type. The field type is select list. 
I created a view. I added a filter criteria using the above field:

Operator > Is one of

Options > Select All is selected. 

When I go to front end, I see -Any- selected by default but I dont the content/result. When I click Apply, i get the result. I am not sure why I have to click Apply to get the result. It should give me result as soon I go to views page. 

Please help.
I just tested this and got the same problem as you. 

I found the solution you need to check mark limit to selected items. 

If you don't have the Limit list option, check marking the expose operator also fixes it. You would then have to use css to hide the expose operator if you don't want it.