Argentina – The Contrarian Investor Podcast

Contrarian Calls, Revisited: David Neuhauser’s Bullish Call on Vista Oil

Published August 5, 2021

Presenting at the second Contrarian Investor Virtual Conference on June 3, 2020, David Neuhauser of Livermore Partners made the bullish case for Vista Oil (VIST).

Vista, “the leading pure play company in the Vaca Muerta basin,” interested Neuhauser because of its strong leadership and management, the large number of undeveloped locations in the basin and “an interesting dynamic where they have credential wells and their shale wells.” The shale wells have produced “beyond expectations,” and with oil prices rebounding there was “substantial valuethe ” in the company, he said. VIST was trading around $3 at the time of Neuhauser’s presentation.

Season 2, Episode 25: Pulling Back the Curtain on Emerging Markets Distressed Debt

Published August 26, 2020

With Genna Lozovsky, Sandglass Capital Management

Genna Lozovsky of Sandglass Capital Management joins the podcast to discuss investing in emerging markets distressed debt and credit.

Sandglass Capital invests in sovereign and corporate credit across global EM, typically seeking to be a liquidity provider “at prices that we think significantly underestimate the recovery potential of those assets.”

Season 2, Episode 5: Global Crisis Investing Through ‘Psychological Arbitrage’

Published February 18, 2020

With Philip Reade, Helm Investment Partners

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)

Highlights From Our YouTube Channel

For more information about Philip Reade and Helm Investment Partners, visit HelmIP.com.

Not intended as investment advice.

Tag: Argentina