While what worked for the last 40 years of investing may not work for the next 40, history offers valuable lessons for the path ahead. In this episode of The Allan Gray Podcast, chief investment officer Duncan Artus is joined by internationally renowned author and publisher Grant Williams to unpick past events and explore future opportunities, zooming in on the forces reshaping global markets.
From Japan’s decades-long battle with deflation and the unique opportunities in its bond market to the rise of gold as a counterweight to fiat currency, they reflect on market cycles across regions. The conversation spans geopolitics and power dynamics, inflation, disruptor industries and the slow pivot from virtual to virtuous value.