Global Crisis Investing Through 'Psychological Arbitrage'

Philip Reade, founder and managing partner at Helm Investment Partners, joins the podcast to discuss his approach to crisis investing on a global basis. Reade does not follow the "buy when everybody else panics" maxim. Instead, he searches first for a country that is emerging from a crisis and then buys that market's largest, most liquid public equities. Helm Investment Partners seeks to capture shifts in the "psychological cycle" where the perception of a market changes. Content: Reade's approach and how it's different from value investing (1:12) Identifying buying opportunities (5:35) Timing the purchases is just as important as identifying the opportunity (15:30) Some of the firms' investments in 2019 (19:09) When to sell positions (20:30) Reade's "origin story" of how he came to investing (23:51) Where are the opportunities now? (30:30) Greece (31:29), Turkey (32:09), Chile (33:36), Pakistan (35:04) China and the coronavirus (37:57) Potential future investment targets in Egypt, Mexico, Argentina (39:25) Why there is still upside in Greece (42:42) For more information about Philip Reade and Helm Investment Partners, visit HelmIP.com. Not intended as investment advice.