about
I'm fortunate to love what I do: investing in frontier market equities. one week I'm in lagos gathering color on how many working hours the average person needs to afford a beer, the next I'm back at my desk reading about payment rails in kazakhstan.
I have a weak spot for moaty businesses run by genuinely good management. structural growth, high cash conversion, scalable margins, and if it's cheap for reasons I understand — you've got my money.
I'm not sure I'm becoming a more likeable person. age has made me increasingly allergic to bullshit.
I try to stay humble but love the line: "the best argument against democracy is a five-minute conversation with the average voter." coined about politics, but it applies just as well to any other area plagued by incentive mismatches, behavioral biases, and short-termism. people just don't like to do hard things...
I was lucky to grow up in a family that actually sat around the dinner table and talked.
game started in 2001 - still playing