Tag: E&Ps
How Long-Term Investors Can Be Optimistic When Others are Negative
From an email sent out to IIM investors on May 12th, 2022: Good evening, IIM investors. The optimistic contrarian is the rarest of investors. Pessimism can make it hard to distinguish between exaggerated and real risks – and is often taken more seriously than optimism…which, in times of stress, can be hard to distinguish from […]
IIM International Portfolios: Q1 2022
Just Another Megalomaniac Monday Equity markets uncomfortably faced higher inflation and interest rate hikes going in to 2022, but as masks came off and supply chains loosened, there were signs of optimism. Then Vladimir Putin, President of Russia, decided to get the USSR band back together and invaded Ukraine. When Russia annexed Crimea in 2014, […]
IIM International Portfolios: 2021 Letter
“What’s It All About, ESG?” It started with an announcement from a friend, a suggestion from an associate and a push, well make that a shove, from a colleague – it was time to pursue the CFA Institute’s certificate in ESG. I took all of the 130 hours recommended studying time, pulled out my pants […]
IIM International Portfolios: 2021 Letter
“What’s It All About, ESG?” It started with an announcement from a friend, a suggestion from an associate and a push, well make that a shove, from a colleague – it was time to pursue the CFA Institute’s certificate in ESG. I took all of the 130 hours recommended studying time, pulled out my pants […]