Guess Which Countries He Is Short? Rob Citrone Reveals His Global Strategies

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Today’s guest is Rob Citrone, founder of Discovery Capital Management, a hedge fund that invests opportunistically across asset classes in emerging and developed markets. Rob worked for Julian Robertson at Tiger Management in the mid 1990’s and managed money for the Soros family. He’s also a minority owner of the Pittsburgh Steelers.
In today’s episode, Rob explains why he expects the investment regime to shift, with higher volatility and lower returns in the next decade. He highlights the potential for Latin America to outperform Asia in the coming years and why he sees a huge opportunity in Argentina. He also discusses his investments in cryptocurrencies, why he’s bearish on China and Europe, and the skill and discipline needed to be a short seller.
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(2:09) Rob's 25th anniversary at Discovery Capital Management
(4:01) Lessons from Julian Robertson and George Soros
(7:42) The opportunity in Argentina
(18:07) Geopolitics
(25:38) Outlooks for China, India, US and Europe
(29:12) The art of short selling
(36:54) Fiscal policy concerns
(39:18) Bitcoin
(42:08) Contrarian investment beliefs
(43:30) Rob's most memorable investment
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[@simmonds3930]

Loved this podcast. Always learn something new here. Thank you for taking the time to interview these extraordinary guests and releasing these podcasts to the world 👋

[@freddonson5436]

Meb, excellent again, as always!

[@user-bu9ig1ic1]

any chance you can link or add his notes/writings in the description?

[@jimjackson4256]

That was interesting about how in 1899 someone might have considered Argentina as a great country for the next 100 years just like the US but due to a some policies the future was totally different form what could have been That sort of reminds me of venus and mars which supposedly started out much like the earth but which ended up dead planets

[@stephencostin2616]

Great interview

[@jimjackson4256]

Why can’t you discuss assets you own?

[@TheChinaPlay]

he's talk about it many times. He owns a farm, his business, and some angel investments that will go to zero. I assume he owns the funds his business manages.