Cool, hope you'll do more of this! Interesting that you mentioned Siem who is the majority owner of Subsea 7, which is a Oslo listed oilservice company, which trades at 0.6x P/B. (Holding some myself).
This is certainly an old interview, and I suppose Mr Cinnamond's views could have changed since the interview, but I've never yet left an interview more confident in NOT investing in a particular manager. I absolutely agree with him on finding value, but the way he does so, and his inability to return positive capital in perhaps one of the greatest bull runs in market history leaves me questioning why I should ever give him my capital over any of a number of proven investors.
This beauty of in investing my own money. I dont care what others think!
my favorite episode yet, thanks to you both!
Great episode to go back to. Thank you both for sharing the conversation!
I love the questions you raise. They are just perfect on spot and what is really interesting!
Cool, hope you'll do more of this!
Interesting that you mentioned Siem who is the majority owner of Subsea 7, which is a Oslo listed oilservice company, which trades at 0.6x P/B. (Holding some myself).
Another great episode team!
Awesome podcast, I've been devouring your books. Hope you get some alpha with ZIG!
This is certainly an old interview, and I suppose Mr Cinnamond's views could have changed since the interview, but I've never yet left an interview more confident in NOT investing in a particular manager. I absolutely agree with him on finding value, but the way he does so, and his inability to return positive capital in perhaps one of the greatest bull runs in market history leaves me questioning why I should ever give him my capital over any of a number of proven investors.