32 min listen
Best Idea Show – Maciej Wojtal, Amtelon Capital – I Saw Iran As Potentially The Biggest Transformational Opportunity Since Russia | #308
Best Idea Show – Maciej Wojtal, Amtelon Capital – I Saw Iran As Potentially The Biggest Transformational Opportunity Since Russia | #308
ratings:
Length:
62 minutes
Released:
May 5, 2021
Format:
Podcast episode
Description
In episode 308, we welcome our guest, Maciej Wojtal, founder and CIO of Amtelon Capital, an investment fund focused on Iranian equities. In today's episode, we're covering Maciej’s best idea: Iranian equities. In today’s episode, we start by hearing how the 2015 nuclear deal between the US and Iran sparked Maciej’s interest in Iran. He shares what he learned early on – the country has a resilient economy with great demographics – and when paired with companies trading at 3-4x earnings, he was compelled to set up his firm in 2018. Maciej walks us through what it’s been like over the last few years: handling new sanctions under the Trump administration, 70% currency depreciation one year, and, most recently, the impact of COVID. As we wind down, he shares the possibilities for the country going forward and the potential for foreign inflows to drive valuations up in the near future. Please enjoy this special “Best Ideas” episode with Amtelon Capital’s Maciej Wojtal.
Released:
May 5, 2021
Format:
Podcast episode
Titles in the series (100)
# 7 – Playing Defense Against Black Swans: With Brexit rattling the markets recently, it’s a good time to revisit the discussion of “black swans” (not that Brexit was a black swan, despite catching many investors off-guard). So what exactly is an investing black swan? And is there... by The Meb Faber Show