Peter Spiller on Value Investing, Navigating Inflation and Delivering 15% Annual Returns
Macro Hive Conversations With Bilal Hafeez
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The Rise of the Indicators of Value
We've reached that point and they can survive. But the pace of progress is going to be very slow from what it has been. We need to spend a great deal on the environment, but much of it should be viewed in the same way as military spending. And just like military spending is very inflationary, so I believe that environmental spending will be equally inflationary.
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