Laker Asset Management

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Laker Asset Management

Adrian Larsen

Club News, Macro, New Ideas

Macro | Inflation is scary | November 2019

Inflation - You should be afraid Are you scared? I am, and I will explain why you should be too. But remember, I'm just a random student, and to be honest, I have no idea what the f*** I'm talking about here.Central banks around the world have been undershooting inflation estimates, and the consensus is that they have no idea why it's happening. The Economist recently published an article deeming that inflation has lost its meaning as an economic indicator, stating that inflation has defied

by Adrian Larsen
New Ideas

New Ideas | Thinking Green | Sep 30th-Oct 6th

Theme: "Thinking Green"  The goal of this article is to discuss Laker Asset Management's newest theme: "Thinking Green." Thinking green includes everything from sustainability to Renewable Energy. It's relatively simple; every company that makes the world a better place fits this theme. Here are a few examples of the industries that we will discuss at our meetings in the next few weeks:Renewable EnergySustainable PackagingWaste ManagementNew Technology / Innovations.The reasons behind us cho

by Adrian Larsen
Club News

New Ideas | Gaming | Sep 9th-Sep 15th

Invest in Gaming      We play on our phones, tablets, and laptops, we create virtual lives, hang out with friends virtually, and play with people from all over the world. Gaming has become big business and is expected to grow to a $200 billion industry within the next 2-3 years. The question is if gaming companies can sustain growth, and provide an interesting opportunity for Laker Asset Management to invest in.      One of the signs that companies within the secto

by Adrian Larsen
New Ideas

New Ideas | Short US & Buy EU | Sep 2nd-Sep 8th

The US is overvalued & The Eurozone is undervalued Last week explained how high volatility had skewed some companies valuations. In this weeks article, we dive deeper into this theme, and we more specifically look at undervalued European Stocks and overvalued American Stocks.  One of the reasons why we have chosen to take a closer look at undervalued European markets is because these markets have underperformed American equities in the last few years. Granted, the European economy has

by Adrian Larsen
New Ideas

New Ideas | Volatility = Opportunities | Aug 26th-Sep 1st

High Volatility Leads To New Opportunities         Since the beginning of 2018, we have seen equity markets be volatile, and within August, the Volatility S&P 500 index (VIX) has seen higher highs and higher lows. VIX is often referred to as the fear index or the fear gauge because higher volatility equals higher uncertainty in the markets. In a 2011 report, Crestmont Research found that higher volatility corresponds to a higher probability of a declin

by Adrian Larsen
Bonds, Macro

Macro | Recession Signals? | Aug 19th-25th

Yield Inversion - Early Recession signal Yield curves, interest, bonds, and the ever-going fight between the FED and President Trump have all been major focal points in 2019. Even though it might be sexier discussing high yield equities, it is important to talk about what happened last week. On August 14th, the 10-year Treasury bond briefly dropped below the 2-year treasury bond. This phenomenon is known as a yield curve inversion (See picture on the right). In normal market conditions, investor

by Adrian Larsen