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Podcast: My Worst Investment Ever Podcast
Episode: Michael McGaughy – How Currencies Can Crush Return in Good Stocks
Description: An award-winning analyst, Michael Mcgaughy has a diverse financial background spanning buy- and sell-side equity research, fund-of-hedge-funds, and private equity. He first came to Asia as an exchange student in 1985 and has been involved with the region ever since, having lived and worked in Beijing, Hong Kong, and Singapore, for different companies including HSBC, the old Crosby Group and StoneWater Capital. He currently manages a global value fund that looks for companies owned and controlled by quality people have structures that align minority and majority shareholder interests and trade at valuations that are below fair value if not outright che...