Hunt For Yield – Facing Reality

EM Sovereign Bond Sales – Facing Reality by Chris, Capitalist Exploits

Today I’ve recorded a very brief message which I hope you’ll enjoy.

What’s on my mind is the investments made by market participants who are basing investment decisions on global benchmarks which are severely distorted and where those investment decisions quite simply don’t price risk adequately.

Warren Buffett’s 2018 Activist Investment

Berkshire Hathaway Warren BuffettMost investors are aware of Warren Buffett's most high profile long-term investments. However, there is one long term investment that is often overlooked. Q2 2020 hedge fund letters, conferences and more This is building materials maker USG, which was owned by Berkshire Hathaway for more than 17 years before it was acquired in 2018. If Read More

The below chart should be looked at in conjunction with the podcast. In the hunt for yield investors are pricing risk assets on a relative not absolute basis.

Increasingly, investors are compensated less and less to take more and more risk.

EM Sovereign Bond Sales

You might be wondering what does this erratic behavior mean for you as an investor?

It’s a question I focus on in in today’s podcast:

Enjoy and let me know your thoughts by leaving a comment below.

– Chris

“Don’t spend time beating on a wall, hoping to transform it into a door.” — Coco Chanel