AI Snips
Chapters
Transcript
Episode notes
Origin Story
- Robert Koenigsberger's interest in emerging markets began with his undergraduate thesis on the Latin American debt crisis.
- This led him to a boutique firm in California, sparking a 35-year career in the field.
Wild West Finance
- The emerging markets of the late 80s and early 90s were like the Wild West.
- Koenigsberger recalls experiences like facilitating debt swaps between bordering countries that wouldn't communicate directly.
Lima Bank Deal
- In the late 80s, Bank of America sold a branch in Lima, Peru, for $1 million, including the building.
- Koenigsberger's firm bought it, profited $3 million from FX trading, and later, it was resold for $50 million.