Michael Fritzell: Investing Opportunities In Asia & Beyond

In this episode of Value Hive, the host interviews Fritz, author of the "Asian Century Stocks" substack, about his journey from Sweden to Singapore and his focus on Asian stocks. Fritz discusses his early career in investment banking, his decision to study Chinese in Beijing, and his experience as a buy-side analyst in Shanghai, covering various sectors and learning about the prevalence of fraud in Chinese companies. The conversation explores cultural differences between Scandinavia and China, the influence of the Chinese government on businesses, and the potential for a Chinese invasion of Taiwan. Fritz also shares investment ideas, including Delfi, a Singapore-listed chocolate maker with a large market share in Indonesia, China Unicom, a cheap telecom operator, and Sanrio, the company behind Hello Kitty, as a turnaround opportunity. He also touches on general misconceptions and risks associated with investing in China, emphasizing the importance of finding talented entrepreneurs and being cautious about accounting numbers, particularly in tech companies.