Sep 23, 2021
My guest today is Graham Rhodes (@longriver_hk). Graham is Head of Research at Capital For Business Ltd., a Hong Kong-based family office. He writes through his blog Longriver and is also an organiser of ValueAsia, a non-profit community for students of value investing.
In this conversation, we cover Graham’s background growing up between Hong Kong and New Zealand; his journey as an investor; building a more resilient investment practice; the reasons not to invest in China; why he thinks Asian gaming companies are best positioned for the future; and his experiences working at a family office.
I had a blast with this one so please enjoy my conversation with Graham Rhodes.
For the full show notes, transcript, and links to mentioned content, check out the episode page on https://compoundingpodcast.com/ep12
[00:00:37] - [First question] - Background
[00:03:26] - Was investing always Graham’s passion?
[00:04:43] - A lowest low in Graham’s investing journey?
[00:06:56] - Idea generation?
[00:09:45] - How does a community help in investing
[00:12:36] - Reasons not to invest in China
[00:17:36] - What does ambitious management look like
[00:19:27] - Gaming in Asia
[00:23:04] - Are the business models of gaming changing?
[00:27:20] - Regulation of gaming companies
[00:29:10] - Macro thoughts going forward
[00:31:54] - Longriver and working at a multi-family office
[00:33:44] - What’s a typical day look like?
[00:35:20] - Any misconceptions or misunderstandings about family offices?
[00:39:44] - Undervalued life experience?
[00:42:21] - What’s been influential in shaping Graham’s worldview?
[00:44:25] - If Graham was 18 again?
[00:46:07] - Plans for the future and wrapping up
Connect with Graham:
Follow Graham on Twitter: https://twitter.com/longriver_hk
Graham’s Blog: https://www.longriverinv.com/
Graham’s Email: grahamfrhodes [@] longriverinv.com
Connect with Graham on LinkedIn: https://www.linkedin.com/in/grahamfrhodes/
Graham’s translation of Li Lu’s 2015 speech, “The Prospects for Value Investing in China”: https://www.longriverinv.com/blog/li-lus-2015-speech-at-peking-u
Graham’s translation of Li Lu’s 2019 speech, “The Practice of Value Investing”: https://www.longriverinv.com/blog/the-practice-of-value-investing-by-li-lu
Graham’s reflections on the 2020 market crash: https://www.longriverinv.com/blog/wider-definition-of-mos
Why there is no solution to our age of crisis without China: https://www.newstatesman.com/world/asia/2021/07/why-there-no-solution-our-age-crisis-without-china
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