Dec 8, 2022
This podcast episode brought to you by Covey — Covey is designed to find, reward, and train the next top investment managers —from any background—that anyone can copy, so everyone can win.
Kyrill Asatur, co-founder and CEO of Centerfin, joins the podcast to discuss his view on asset allocation going into 2023: why he is bullish on hard assets like energy and bearish on fixed income -- and why the inflationary environment is likely going to stick around.
Content Highlights
- How Centerfin was set up coming into this year and what went into its contrarian decision to avoid fixed income (4:06);
- Current views on the market after a tough year (5:25);
- Centerfin's take is to be long hard assets, including commodities and commodity-linked equities while continuing to avoid fixed income like bonds (7:44);
- The environment is different now. There has been a regime change since 2017. Inflation can't just be exported anymore (9:48);
- There will likely be a recession. Once we emerge from it, leading industries will probably be different than they were in past recoveries (11:18);
- Why Centerfin is bullish energy and how they are playing it (12:55);
- Their chosen ETF to get exposure to clean energy (14:48);
- There is no need to buy international (ex-US) energy stocks (16:36);
- Short discussion on the concept of introducing different prices for different uses of energy (18:48);
- Re-shoring from China with Apple (AAPL) moving all its production out of the country and how to potentially play that trend (20:46);
- Background on the guest and what got him to start Centerfin (25:53);
- Distressed investing remains out of reach for most investors but Centerfin is considering ways to change that... (30:52);
- The bullish case for copper (39:13);
- How best to gain exposure to uranium (40:00).
More on Kyrill Asatur and Centerfin
- Website: Centerfin.co;
- Twitter: @WallStHobbes;
- LinkedIn page;
- Facebook: CenterfinHQ;
- Instagram: @CenterfinHQ.
This podcast is for informational purposes only. Nothing
here is intended as investment advice. Do your own research, make
your own decisions.