How to Invest for Negative Interest Rates

Episode #115 | August 15, 2019

Episode #115 | August 15, 2019

How to Invest for Negative Interest Rates

In This Episode

In a week of schizophrenic market behavior – a Monday morning rally followed by an intense midweek selloff – a lot of people are understandably rattled.

With talk of a recession becoming even more pronounced thanks to inverted yield curve, Dan gets straight to some historical perspective.

Meanwhile, it’s impossible to miss the headlines and chatter about negative interest rates – including the debut of the world’s first negative interest rate mortgage – paying borrowers to take out a loan – reported in The Guardian. Launched by Denmark’s third-largest bank, this could be paving the way for an eventual global phenomenon.

Dan then gets to another big headline – a major IPO of a company run by a young, dynamic CEO – before reading an excerpt of the filing that tells him the CEO is front-running his own IPO, starting with a loan totaling almost $500 million.

He then gets to this week’s podcast guest, Tobias Carlisle.

Tobias Carlisle is the founder and managing director of Acquirers Funds, LLC. He serves as portfolio manager of the firm’s deep value strategy. He is the creator of The Acquirer’s Multiple, and has authored the books The Acquirer’s Multiple, Concentrated Investing, Deep Value, and Quantitative Value.

Tobias has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.

His theory of value investing has proven extremely lucrative over the years – and as you’ll see, it comes down to largely one metric.