by InDev Capital | Jan 28, 2020 | Global Deep Value Investor Section, place 4, Political Economy, Uncategorised
Oasis: (noun) a fertile spot in a desert, where water is found; something that provides refuge, relief, or a pleasant contrast. October 17, 2019 Sebastian Piñera, the current President of Chile, was recently interviewed by the Financial Times. He...
by InDev Capital | Dec 17, 2019 | Global Deep Value Investor Section, place 4, Political Economy, Uncategorised
As an American expat of 10 years, I would like to state for the record that I am a tremendous fan of the USA’s democratic model of capitalism, warts and all. The more time I spend overseas, the more special I realize the United States system of relatively free market...
by InDev Capital | Feb 22, 2018 | Global Deep Value Investor Section, place 3, place 4, Political Economy, Uncategorised
There’s No Free Lunch, Particularly If It’s Not Yours As most readers have now realized, although I am a native of The Great State of North Carolina, I live, quite happily actually, in the megalopolis of São Paulo, Brazil. Recently for New Year’s Eve weekend,...
by InDev Capital | Feb 20, 2018 | Emerging Market Asset Manager, Finding Large Scale Investors, place 4, Uncategorised
Perfect is the Enemy of Good My two-year-old daughter is a budding perfectionist. As my wife drinks coffee every morning, my daughter tries to copy the act by having a cup of milk in a coffee cup. We have a coffee cup that has a slight chip on one side. My...
by InDev Capital | Dec 15, 2017 | Emerging Market Asset Manager, Finding Large Scale Investors, place 4, Timing the Cycle, Uncategorised
Unless you live in a cave, which is highly unlikely if you are a reader of this newsletter, it is obvious for most Asset Managers that the environment in Brazil has improved significantly. Retail stores are no longer closing en masse, closed stores are opening as new...
by InDev Capital | Dec 8, 2017 | Global Deep Value Investor Section, place 4, Political Economy
The higher you lift a pendulum in one direction, the more power the pendulum has to swing in the other direction. As an investor evaluates his or her global real estate investment opportunities, it may be valuable to determine where various markets reside on that...
