In this interview I speak with Sean Riskowitz a portfolio manager with a focus on South African Investments.
Also must read Sean Riskowitz Returns 63%, After 41 % In 2012, 72% In 2011
Sean Riskowitz exemplifies the latest in global value investing. He was born in South Africa and lives in New York City. He invests solely in South Africa but is a student of quality business models and familiar with most quality companies from around the globe. Question him about the choice of concentrating in South Africa and he will modestly admit to feeling most comfortable in a market where he intimately understands the culture, government, economy, and consumer behavior. In short he is curious, disciplined, and focused on process over outcome.
The conversation below took place over a couple of hours. We talk about investing in South Africa and discuss Sean’s evolution from investing in net-nets (i.e. stocks trading below net current asset value) to investing in quality companies at attractive valuations. Always willing to talk from experience, Sean shares two case studies exemplifying his techniques and research process.
Trident Fund LP June 2020 Performance Update: “Don’t Fade the Fed
Trident Fund LP performance update for the month ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more The Trident Fund LP returned +1.1 percent in June, and the fund is +8.3 percent net year to date. The motto “Don’t Fade the Fed” dominated global macro events in June and led the Trident Read More
Guest Speaker Biography:
Sean Riskowitz is the co-founder and Chairman of Midbrook Lane. He is also the Managing Partner ofRiskowitz Capital Management LLC. He resides in New York City. Sean graduated from the University of the Witwatersrand with a Bachelor of Commerce degree (Majors in Finance and Economics).
- Becoming a hedge fund manager
- Researching South African investments.
- The psychology of local South African investors.
- Building a circle of competence
- Case Study: Finbond
- Case Study: Taste