Kiril Sokoloff - Lessons From One Of The Greatest Investors Of Our Time
Opto Sessions – Invest in the Next Big Idea
Do Robotics Have a Deflationary Impact?
CNN's Richard Quest has been following robotics for a long time. He says he thinks robots will act as a deflationary impact on supply chains, manufacturing and et cetera. Quest also talks about the trend of remote working and digital nomads in central eastern europe.
Get Opto’s best content every day, by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletter
This week I have the great honor of welcoming the distinguished investor Kiril Sokoloff, CEO & Founder of 13D which he started back in 1983.
Kiril is an original thinker who has achieved phenomenal success over his decades of investing, often by going against the consensus. He is also a big advocate of thematic investing and has said “Over the last 40 years I don’t think we missed a single major technological transformation”.
In the late 1970s, he correctly anticipated an inflationary blow-off due to the fall of the Shah in Iran. In the early 1980s, he foresaw a period of disinflation and an ensuing takeover boom that nobody was prepared for. His firm became the expert in 13D filings and between 1983 and 1986, 175 of his firm’s recommendations were taken over. He then understood the great opportunity China in 1992 represented and co-founded the first pure Asian hedge fund during a period when the Hang Seng rose from 4900 to 12000. This was followed among over achievements by investing in internet and e-commerce companies in the 90s pre dot com crash and Oil in 2002 when it was only $20 dollars, riding the trend to over $140 at its peak in June 2008.
In this interview, we discuss the current macro environment and the intricacies of his investment strategy including theories on Anomalies and Contagion plus the implications of the new world order and rethinking supply chains.
This is one of my favorite interviews. Kiril is one of the few great investors of our time.
13d.com
If you’re interested in receiving a daily update on thematic investing in the stocks where we keep you up to date on the next big thing, sign up to the Opto newsletter: www.cmcmarkets.com/en/opto/newsletter
Enjoy
Thanks to Cofruition for consulting on and producing the podcast. Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter
------------------
Past performance is not a reliable indicator of future results.
CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.
The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.
CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC
-----
The content in this podcast is for informational purposes only. Opto Markets LLC does not recommend any specific securities or investment strategies. Investing involves risk & investments may lose value, including the loss of principal. Past performance does not guarantee future results. Investors should consider their investment objectives and risks carefully before investing. The information provided is not an endorsement of this product and is for information and/or educational purposes only.
The AI-powered Podcast Player
