Ep15: Going beyond the optics and decoding the past, present and future of economic growth with Arvind Mallik

As we wind down this year, let us look back and contemplate the past year in terms of economic growth and discuss what's the outlook for the upcoming year. In September 2023, financial well being sentiment found much needed stability, although the Fed held rates and signaled elevated rates for longer, but there are some who predict the 
US. economic growth will buckle under mounting headwinds early next year with a shallow recession. That's what Nouriel Roubini and others have predicted. Real GDP will grow at about 2. 2 percent and then fall to about 0. 8%. The consumer spending actually held up despite the elevated inflation and high interest rates in the past , couple of months and the growth that seemed to be weakened in the first quarter also bounced back in Q2.  All those are the numbers, but to package all that I have with me on my pod today, Mr. Arvind Mallik. He's the managing partner of KMF Investments which is a pure pay for performance private investment partnership based out of Denton, Texas. KMF seeks a long term capital appreciation by investing in companies whose intrinsic value is significantly higher than the market price. And since its founding in 2008 KMF has found opportunities in the world dominating franchises, hard assets below replacement cost businesses at large, discounts to liquidation value, and firms with beneficial exposure to rising interest rates.
The whole concept behind this is retaining value and increasing the value addition as we call it in finance terms. And Mr. Malik has education to back it up with a degree in chemical engineering  and bioengineering from  UC Berkeley, and also has a MS in chemical engineering from MIT.