Foreign Investments: Finding Anomalies and Exploiting Opportunities

In the podcast episode, the speaker discusses the rationale behind investing in foreign markets, specifically highlighting the case of Turkey. Despite the challenging macroeconomic conditions and negative sentiment towards the country, the speaker found anomalies in certain businesses that presented compelling investment opportunities. By focusing on specific businesses with resilient cash flows and strong management teams, the speaker was able to make successful investments in Turkey. The episode emphasizes the importance of looking beyond macro factors and conducting in-depth research to uncover undervalued stocks with significant growth potential.