Capital Ideas Investing Podcast

Travel revival: Investment opportunities by land, sea and air

Nov 28, 2024

Greg Miliotes, a seasoned Capital Group Equity Portfolio Manager with a rich 26-year background in industrial companies and global travel, offers insightful perspectives on investment trends. He discusses the resurgence of global travel as a booming opportunity post-COVID, particularly in air travel and cruises. Miliotes emphasizes the challenges facing Boeing while stressing the importance of AI in shaping future investments. Personal anecdotes reveal how his journey from family business to finance has influenced his adaptive investment strategies.

21:57

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Episode guests

Greg Miliotes

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Episode notes

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Quick takeaways

Global travel is set for a significant rebound, providing lucrative investment opportunities in airlines and cruise lines due to soaring consumer demand for experiences.

Investing in artificial intelligence across various sectors is vital, as its transformative benefits can lead to substantial long-term growth despite initial profitability challenges.

Deep dives

Navigating a Volatile Investment Landscape

The investment landscape is shaped by current risks and opportunities, with an emphasis on looking three to five years ahead. Investors are encouraged to focus on fundamental research to unearth opportunities that the market may not be pricing in, particularly during volatile periods. Market fluctuations often present buying opportunities for undervalued companies with strong long-term potential. Therefore, staying alert to market changes can lead to favorable valuations and investment prospects that may not be initially apparent.

Intro

2min

The Resurgence of Global Travel: Opportunities Ahead

2min

Boeing's Challenges and Market Dynamics

13min

From Family Business to Investment Aspirations

2min

Broadening Horizons: The Impact of International Experience

3min

From artificial intelligence to an industrials boom, Capital Group portfolio manager Greg Miliotes talks about risks and opportunities he sees over the next three to five years. In this episode, Greg breaks down his framework for investing during times of volatility, why experiential travel could be the next big trend and how his role as a former analyst shapes his investment style. #CapGroupGlobal

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