Macro Hive Conversations With Bilal Hafeez cover image

Richard Oldfield on Value Investing, Warren Buffet and Elon Musk

Macro Hive Conversations With Bilal Hafeez

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Is There Something About the Global Financial Crisis?

Since the global financial crisis banks got hit quite hard in terms of regulations and everything. Their businesses are fundamentally sort of shifted compared to before GFC. And on top of that you have energy companies all companies that have been hit by EFG. So you have two sectors which may have gone through a structural shock which has led to permanently low evaluations so they could be value traps.

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