Investors are facing “the most difficult opportunity set,” they can face according to a recent Opalesque Radio interview with James Montier. James Montier is a member of GMO’s Asset Allocation team. Montier an expert on Behavorial finance has authored several books including, The Little Book of Behavioral Investing, Behavioural Investing, and Value Investing. He says that under current market conditions, investors may have a hard time finding cheap opportunities. For value investors like Montier, it can be difficult to participate in markets like this.
“We now find ourselves in a world where everything is expensive,” Montier says noting that even holding cash is going to be punished as the US Federal Reserve bank is pushing investors to create a new bubble, albeit more rational than the last.
Electron Capital Partners' flagship Electron Global Fund returned 5.1% in the first quarter of 2021, outperforming its benchmark, the MSCI World Utilities Index by 5.2%. Q1 2021 hedge fund letters, conferences and more According to a copy of the fund's first-quarter letter to investors, the average net exposure during the quarter was 43.0%. At the Read More
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