Vitaly Veksler said the following in a message on LinkedIn, “I had the privilege of speaking in the “Global Economic Challenges and Opportunities” class taught by a highly accomplished Professor Kristin Forbes at the MIT Sloan School of Management last week. In addition to MIT Sloan, Professor Forbes worked for the White House's Council of Economic Advisors and served as an advisor to the Bank of England.” Professor Forbes was the Chief International Economist in the George W. Bush’s administration and most recently advised the Bank of England. She was named an Honorary Commander of the Order of the British Empire by Her Majesty Queen Elizabeth II for her services to British economic policy. Each year, Professor Forbes invites just one investor to talk to her class. It was the privilege to be invited to the class taught by such an accomplished professional.
Vitaly’s presentation was titled, “Global Hot Spots: Investor Views”. During the talk, he concentrated on the first “investment” goal of BBIS: earning attractive returns for investors by using our proprietary country selection and rotation investment process. (As a reminder, Vitaly discussed BBIS’ second and third goals “social impact” goals when he spoke on the Impact Investing panel at the MIT Sloan Investment Conference at the end of February. Below is a link to a news release covering that event: http://bbistrategies.com/our-publications--events/vitaly-veksler-spoke-on-the-impact-investing-panel-at-the-mit-sloan-investment-conference).
Among other topics discussed in the “Global Economic Challenges and Opportunities” class, Vitaly analyzed the COVID-19 outbreak’s economic and market impact as an example of a negative shock affecting most countries around the world. He gave several examples of past trades when the firm had invested in stock markets of countries during political, economic, and financial crises. He also presented an in-depth analysis of Chile, a country that he considered from an investment standpoint. The country, which was a “safe haven” of the emerging market universe over the last three decades, was going through a major political and economic crisis caused by mass demonstrations and riots in late 2019 and early 2020. The country’s stock market valuations were low in March 2020. Vitaly shared with students investment tools, some of which he learned in Professor Forbes’s class in 2009, the first year when Professor Forbes taught the class.
Vitaly finished his visit to MIT Sloan by answering a number of questions focused on practically all parts of the presentation. He said in his LinkedIn message, “It was a pleasure to answer insightful questions asked by Professor Forbes and the students.”
Please let us know if you have questions about Beyond Borders Investment Strategies, LLC by sending a message to info@bbistrategies.com. Thank you!