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Podcast: Investing Experts
Episode: Capital imbalances and why David Daglio is a reformed value investor
Description: David Daglio shares why value investing has everything to do with looking for capital imbalances (2:00). Go short to get long bonds, miners and how investors should protect their portfolios (5:40). Gold vs gold miners (9:25). Why Jerome Powell has the most impossible job (13:00). Thoughts on the 10-year yield (19:40). AI, copper, nat gas and a huge capital spending experiment (21:10). US vs the rest of the world (28:20).Show Notes:T-Bills, gold and macro volatilityCopper retakes $10K/ton as bullish Goldman sees potential 'stockout' riskAsia-Pacific markets higher tracking gains on Wall Street; Hong Kong stocks hit 8-month high<...