Chit Chat Stocks Ian Bezek Returns To Talk Argentinian, Chilean, and Colombian Stocks + The Return of Free Markets In Latin America?
Nov 19, 2025
Ian Bezek, an independent investor and Latin America correspondent, returns to discuss the exciting investment landscape in Argentina, Chile, and Colombia. He reveals post-election economic optimism in Argentina and analyzes the potential for free-market reforms. Ian shares insights on currency challenges, the growth of Corporacion America Airports, and promising investments like domestic banks and resource sectors in Chile. He also explains the recovery of Colombian stocks and what political changes could mean for future market opportunities.
AI Snips
Chapters
Transcript
Episode notes
Election Validates Reform Momentum
- Javier Milei's midterm win gives Argentina political cover to continue pro-market reforms.
- The economy shows real signs of recovery with >5% GDP growth and inflation down from 300% to ~25%.
Treat Currency Policy Separately
- Avoid treating exchange-rate moves as the same as underlying economic health; separate monetary policy from GDP strength.
- Prefer free-floating rates and expect a gradual 15–25% peso devaluation rather than a sudden collapse.
Airports Gain From Deregulation
- Corporacion America Airports (CAP) benefits directly from Milei's deregulation and aviation liberalization.
- CAP trades materially cheaper on EV/EBITDA than Mexican peers despite diversified assets in Italy and Brazil.