Capital Allocators – Inside the Institutional Investment Industry

Richard Lawrence – Overlook Investments Group (First Meeting, EP.03)

Jul 15, 2019
Richard Lawrence, Chairman and Executive Director of Overlook Investments Group, discusses his journey in Asian equity investing. He shares the evolution of Overlook’s disciplined investment philosophy that has achieved a remarkable 14.5% annualized return. Key insights include the importance of management integrity, pricing power, and the relationship between price-to-earnings ratios and growth rates. Lawrence also navigates personal anecdotes about long-term investing in the Chinese market and the emotional complexities of deciding when to sell.
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ANECDOTE

Early Introduction to Investing

  • Richard's father incentivized him to memorize poems by rewarding him with mutual fund shares.
  • This early exposure to investing, combined with his father's passion for learning, sparked Richard's interest in the field.
ANECDOTE

Entry into Money Management

  • After college, Richard worked in Venezuela for two years and then backpacked through South America.
  • His return to New York led to a job offer from John Bush, marking his entry into money management.
ANECDOTE

Move to Asia

  • A brochure at the Malaysian consulate, highlighting the country's consistent economic growth, piqued Richard's interest in Asia.
  • This led him to Hong Kong, where he started an investment company with a $4 million shell company.
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