Iran: Investing in One of the Best-Performing Stock Markets (w/ Raoul Pal & Maciej Wojtal)

Real Vision founder and CEO Raoul Pal welcomes back Maciej Wojtal, founder and CIO of Amtelon Capital, an investment fund devoted to Iranian equities, to discuss how he's identified a diversified economy in Iran despite decades of sanctions and geopolitical risks. His interest in Iran was sparked by the nuclear deal brokered by President Obama in 2015 where he found a stock market that had been operating for more than two decades and included nearly 600 companies with $200 million in daily liquidity. His fund gives Western investors access to fast-growing businesses with low valuations in an array of industries—from utilities and automotive to commodities and agriculture. He shares his perspective on managing volatility as well as how the U.S.-Iran relations are expected to change under a new Democratic administration, and he weighs in on trade with neighboring countries in the Middle Eastern region. Filmed on January 12, 2021.

Key Learnings: Despite an overall economy that has been rapidly contracting because of U.S. sanctions and weak oil prices, Iran has one of the best-performing stock markets. Iran's stock market is dominated by retail investors with foreign ones making up less than half a percent of the market cap. Wojtal looks for companies that have pure export exposure, and he has been able to find companies with exports in the region that are usually not affected by sanctions.

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Iran: Investing in One of the Best-Performing Stock Markets (w/ Raoul Pal & Maciej Wojtal)

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[akslopforever]

Of course only Polish investor has the balls to go to Iran to set up fund and stay through thin years. Freaking Legend

[PrometheaExcelsior]

As an Iranian teen this was really informative and heartwarming to watch. Thank you! I too hope the country open up to the world hopefully soon and we get the chance to take part in world economy

[bradkendrick]

I've been talking about Iran for the last 3-4 years after a friend went to the country and said, what we see in our news media, couldn't be further than what its like on the ground.

Great insight!!!

Amazing as always 👑

[TheWanderingInvestor]

I've traveled quite a lot in Iran. The potential is massive. Great interview. Thank you.

[vkozamastra]

Iran doesn’t deserve these inhumane sanctions, they are so talented, imagine what the economy would look like once the sanctions are gone! Wish them all the best.

[swatisquantum]

After meeting several wealthy Iranians in Southern California, I was astonished by their intelligence, hard working ethic, family oriented-ness, and overall positive attitude towards business. Since then, I’ve been wondering why Iran is the way it is, and always saw it as a potential South Korea phenomenon waiting to happen. This video helped connect the dots and further confirmed my intuitions about the Iranian people. I’m excited for Iran and I can see this prosperous opening of the market coming soon! Emergence soon!

[nyxdoc]

awesome discussion gents. Iran will do really well. Thank you for the great show and eye opening opportunity.

[johnderr]

As an iranian born person I highly respect these opinions and funny enough they represent contrarian viewpoints that people with enough experience from the eastern part of the world would only have. Please visit Esfahan and Shiraz someday Raoul if you haven't already.

[bltcoinaidia]

I don’t know who need to hear this but you need to start investing

[hjalmarschacht]

What an AMAZING video. Totally unexpected, and full of EXCELLENT information. Thank you!

[Thenachobear]

Good stuff. Dont here too much about Iran. Now if only an American could invest in that market :(

[g.c]

Where can I get some of that action? :)

[tatsin]

russia has just achieved only 30% reliance on commodities... sanctions really helped.... as putin said thanko you for sanctions....

[Espacemtl]

Does anyone else feel slightly inadequate when they see Raoul's Little Cayman abode?
Even my dog is jealous of his pooch. You know his dog took a private plane to get there - no cage for him!

[faanlouw]

What happened to your big short of the Hong Kong dollar?

[jamesb.]

Schuster bleib bei Deinen Leisten.
How do you get the money into that market and how do you get it back out.

[ggabbay]

So how does one invest in Iran now from the US?

[Lucas-dqtr]

Interesting perspective! Pozdrowienia Maciek! :)

[cryptobex]

Hi! Great work as always🙏
How can I invest in the fund?

[dirkgreulich]

Does this all re-enforce what we know. It circles back to always being that the people all across the world, in all corners, in all countries are wonderful but it's the governments that mess things up. Government is what has kept humanity from reaching its potential heights. In all places, in any time period. This is so frustrating.