Today I spoke with an old friend, Chris Mayer. Chris is the investment director at the Bonner family office. We covered a lot of things including: The rise of passive investing and the inevitable consequences of what is almost certainly a bubble. How investors are increasingly buying equities and treating
Spain. For those who may not be aware, Spain is a country which enjoyed one of the largest real estate manias in living memory. It continues to find itself mired in economic, political and subsequent social stresses. By the way, if you are not already a subscriber to one
Turkey holds many fond memories for me. It was a country I first travelled to on a whim, after watching Midnight Express. The film is based on the true story of a young American student sentenced to spend 30 years in a Turkish prison for smuggling hashish out of Turkey.
My friend Chris Mayer makes a strong case for US banks…so much so that I’ve been thinking a little about this for my own equities portfolio. Chris writes a newsletter aptly named Capital and Crisis, which is focused on value investing. It is, as far as I can tell, exceptionally