"This is a waiting game"
Radio Feature 68: James Montier in conversation with Sona Blessing
Wednesday, March 20, 2013
James Montier is a member of GMO's Asset Allocation team. Prior to joining GMO in 2009, he was co-head of Global Strategy at Société Généralé. He has authored several books including "Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance; Value Investing: Tools and Techniques for Intelligent Investment"; and "The Little Book of Behavioural Investing". James is a visiting fellow at the University of Durham and a fellow of the Royal Society of Arts.
In this podcast he talks us through amongst others why in many ways he thinks this is the most difficult opportunity set an investor can face ...
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"This is a waiting game"
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Asset allocation "when the Fed spikes the punch bowl".
Thoughts on the opportunity set within commodities?
Identifying investment opportunities now: where and which might they be?
What in your view are likely exogenous shock factors and what could be in the short term, some of the opportunities they would lead to?
What makes this particular investment environment so challenging?
The rationale for adjusting equity exposure allocations in the context of financial repression; and the role that dividend yields play in raising equity exposure.
Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises [more]
Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed
that an effective value proposition strengthens audience connections and
fosters growth, yet many advisors have had little objective guidance in
formulating such statements until now.
In the Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy [more]
Why you should avoid the hottest hedge fund hands
FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to AIMA makes 'the case for hedge funds' [more]
Bailey McCann, Opalesque New York: The Alternative Investment Management
Association (AIMA), the global hedge fund industry body, Managed futures' global diversification is important in next phase of
economic recovery [more]
Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be
extremely valuable as the markets enter the next phase of the economic
recovery, said Campbell &
Company, a pioneer in absolute return invest Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch [more]
From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius