Venezuela: Winners & Losers

The podcast examines investment opportunities in Latin America, particularly focusing on Colombia and Venezuela. It highlights the potential impact of political shifts and economic factors on the region's markets. The discussion covers the outperformance of Latin American equities relative to emerging markets, driven by carry trades and commodity prices. Medellin, Colombia, is presented as a promising real estate market due to its growth and favorable conditions. The conversation also touches on Venezuela's potential recovery and its impact on regional businesses, as well as specific investment recommendations, including Ecopetrol and Ivanhoe Mines, for exposure to the region's growth and commodity markets.