by InDev Capital | Apr 28, 2017 | Global Deep Value Investor Section, Political Economy
On February 8, 1988, President Ronald Reagan came to Durham, NC, one of the most important cities on earth (full disclosure, Durham is also my hometown so I may be slightly biased), and spoke at Duke University. A high school classmate and close friend’s late father...
by InDev Capital | Apr 12, 2017 | Global Deep Value Investor Section, Investment Strategies
Good Morning!!!!! Yes it actually is 3:30 am as I write this. No, my young daughter is still asleep, I am not mentally ill (or if so I am totally unaware), there was no earthquake in Sao Paulo, and I did not set the alarm for this hour. I simply woke up to share an...
by InDev Capital | Mar 29, 2017 | Global Deep Value Investor Section, Investment Strategies
First of all, thank you for reading this newsletter again. I have to start off with an apology. Last newsletter I introduced you to Uncle Mauricio, “one of the world’s great guys.” I really hope that you enjoyed meeting him! However, I got angry at myself for not...
by InDev Capital | Mar 15, 2017 | Global Deep Value Investor Section, Interest Rates
Uncle Mauricio is one of the world’s great guys. If you travel a lot, particularly in emerging markets, you have met him before. He is urbane, jovial, social, bright, and a successful entrepreneur. Uncle Mauricio made a PILE of money in the last economic...
by InDev Capital | Dec 22, 2016 | Global Deep Value Investor Section, Political Economy
Most holiday office parties and Secret Santa gifts happened last week. However, one friend of yours sent a very important and profitable gift that you may have missed. If event-driven and deep-value emerging market real estate investment is in your 2017 plans, Michel...
by InDev Capital | Nov 21, 2016 | Global Deep Value Investor Section, Investment Strategies
In Sao Paulo, when people ask me if I was surprised by the result of the US election I tell them that I felt like I was in an airplane that had reached a 36,000 feet cruising altitude, I just had a nice glass of wine (let’s assume I was in first class!), and I looked...
