Opportunities in the Coronacrisis

Michael Frazis

Frazis Capital

To live in interesting times!

Peter Stevens joins us to talk about the market sell-off, how we're positioned, and interesting opportunities that we've found.


Also, available on iTunes and Spotify.  

Summary

0:24 – Peter wipes away his tears

0:50 – There’s growth and then there’s growth (e.g. Afterpay vs Zip)

1:30 – Why you should pay up for quality businesses

2:17 – Illiquidity during sell-offs

2:50 – Electro Optic Systems (ASX:EOS), a great business that does not fit ESG criteria

3:35 – Analysing quality within the WAAAX (the Australian equivalent of the FAANG)

4:54 – Frazis Capital’s avoidance of education and tourism stocks

7:40 – Theoretically maintaining a 20% cash position

8:00 – Michael discusses Ray Dalio’s “Principles”

9:25 – Carvana (NYSE:CVNA), Frazis Capital’s largest coronavirus casualty

10:22 – Afterpay’s (ASX:APT) accelerating growth and Frazis Capital’s internal forecasts

11:40 – Afterpay’s US in-store opportunity

12:30 – The benefits of an equities/treasuries strategy over popular options strategies

13:43 – Global stimulus packages and expansionary monetary policy

14:13 – Renewable energy businesses and how they may benefit from stimulus packages

14:45 – Twist Bioscience (NASDAQ:TWST), a well-performing Frazis Capital position

15:30 – Viruses tend to become less dangerous with time because of evolutionary pressures

16:55 – Gilead’s (NASDAQ:GILD) antiviral drug and the coronavirus

17:25 – Some Aussie smallcaps touting business expansion into virus-induced growth industries (e.g. hand sanitizers, diagnostics)

18:30 – The panic in supermarkets parallels the panic on markets

19:08 – “Buy when there is blood in the streets” (Baron Rothschild) and its relevance to this sell-off

19:25 – The origins of Rothschild’s famous blood in the streets quote

20:45 – Frazis Capital portfolio construction during the coronavirus sell-off

21:55 – Zoom’s (NASDAQ:ZM) coronavirus rally and its rich valuation

23:00 – Peloton (NASDAQ:PTON) and Carnival (NYSE:CCL), two stock picks from NYU Professor, Scott Galloway


Founder and Portfolio Manager
Frazis Capital

Michael manages a global equity investment fund focused on technology and the life sciences. Michael completed undergraduate and graduate chemistry degrees at Magdalen College, Oxford University, and studied finance at the London School of Economics

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