December 2019 – The Contrarian Investor Podcast

With Lukasz Tomicki of LRT Capital

Lukasz Tomicki of LRT Capital Management joins the podcast to discuss his investing strategy and ideas for 2020.

Contents: The case for Russian natural gas companies (3:05) and healthcare stocks (5:28). What’s to like about UnitedHealth (9:24). Background on Tomicki (13:48). Handicapping the 2020 US presidential election (20:50). The outlook for growth in the US (23:01).

Austin, Tex.-based LRT Capital is a long-biased, concentrated equity fund started by Tomicki in 2012. For more on LRT Capital, visit the firm’s website.

“A cuckoo in the nest that is crowding out other parts of the economy”

Nicholas Shaxson, author of The Finance Curse, joins the podcast to discuss his thesis, that the financial sector is at the root of many problems facing economies and society, and where to look for possible solutions.

Content

The paradox: Too much finance can make you poorer (1:47)
How did we get here? (3:11)
Angola as the genesis of the finance curse concept (7:58)
Rising inequality. Where might solutions lie? (14:11)
Debunking private equity (18:34)
Antitrust solutions may be the answer (27:06)
What sectors are most at risk? (33:19)

For More Information

The Finance Curse book website, including ordering information
(Or just go to the Amazon page directly)
Nick’s Twitter account
Nick’s Guardian articles
Nicholas Shaxson Wikipedia page

Month: December 2019

Season 1, Episode 26: Healthcare, Russian Natural Gas and Other Ideas for Investing in 2020

With Lukasz Tomicki of LRT Capital

Season 1, Episode 25: Unpacking ‘The Finance Curse,’ With Nicholas Shaxson, Author

“A cuckoo in the nest that is crowding out other parts of the economy”